Latest news

Latest News

Partial Grid Collapse Hits Nigeria After Substation Fault

The national electricity grid experienced a voltage disturbance originating from the Gombe Transmission Substation on Tuesday morning, the Nigerian Independent System Operator has confirmed, clarifying that the event affected only part of the grid and did not result in a total collapse, contrary to some media reports. In a statement titled “Update on Partial System...
Read more

Customs, NDLEA seize 347.5kg cannabis at Apapa port

The Nigeria Customs Service, Apapa Area Command, and the National Drug Law Enforcement Agency have intercepted 347.5 kilograms of Canadian Loud, a potent strain of cannabis, hidden inside an imported Toyota Sienna. The command announced this in a statement on Tuesday by its Public Relations Officer, Isah Sulaiman, a Chief Superintendent of Customs, obtained by...
Read more

How Inflation Slashed Household Spending in Nigeria

Household consumption in Nigeria dropped by N21.33tn despite an increase in naira spending between 2021 and 2024. Against this backdrop, stakeholders are urging measures to control inflation and strengthen the naira to enhance living standards, writes ARINZE NWAFOR Nigeria faces a spending crisis, with real consumption spending plunging by N21.33tn between 2021 and 2024. Most...
Read more

Cadbury Nigeria Profit Hits N12.1bn in Major Rebound

Cadbury Nigeria Plc has returned to profitability, posting a profit after tax of N12.1bn for the year ended 31 December 2025, reversing a loss of N22.2bn recorded in 2024, according to its unaudited financial results. The food and beverage manufacturer’s turnaround was driven by revenue growth and improved operating performance. In its Unaudited Financial statement...
Read more

UBA launches instant account opening digital platform

The United Bank for Africa Plc has announced the launch of a simplified instant account opening digital platform designed to make banking faster, more accessible, and truly borderless for customers around the world. In a statement on Tuesday, the bank said that the new platform enables prospective customers to begin and complete their account opening...
Read more

NBS Measures Over 40 SDG Indicators Nationwide in Nigeria

Nigeria is conducting one of its most expansive social surveys in decades, gathering data on more than 40 Sustainable Development Goal indicators nationwide, the Statistician-General of the Federation, Adeyemi Adeniran, has said. Adeniran said this to The PUNCH during a field visit to enumerators in the Idi-Oro Mushin area of Lagos on Monday, alongside officials...
Read more

NLC urges accountability with new Nigeria tax reforms

The Lagos State chapter of the Nigeria Labour Congress has welcomed Nigeria’s newly implemented tax reforms but emphasised that workers will only benefit if government revenues are properly managed to deliver public services. “The new tax regime is a good step in the right direction,” Chairperson of NLC Lagos Funmi Sessi told The PUNCH. “However,...
Read more

MAN urges FG to halt NAFDAC’s sachet alcohol ban

The Manufacturers Association of Nigeria has called on the Federal Government to intervene in the renewed implementation of a ban on sachet and small PET-bottled alcoholic beverages by the National Agency for Food and Drug Administration and Control. MAN warned that NAFDAC’s campaign is disrupting businesses and creating confusion due to multiple and conflicting directives....
Read more
1 67 68 69 70 71 1,057

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...