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Airtel Africa begins another $100m share buyback

Airtel Africa, a telecommunications and mobile money services provider, has announced the commencement of the second tranche of its $100m share buyback programme. In a statement filed on the Nigeria Exchange Limited on Wednesday, the company said the second phase of the repurchase will amount to a maximum of $55m and is expected to end...
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NSIB suspects ‘systemic issues’ in Wigwe crash

The Nigeria Safety Investigative Bureau has responded to the recent report by the United States National Transportation Safety Board that detailed the cause of the helicopter crash that claimed the life of the former Group Chief Executive Officer of Access Holdings Plc, Herbert Wigwe, alongside his wife, son, and three others. The NSIB in a...
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Sanwo-Olu seeks wider tax net for MSMEs, wealthy Nigerians

Lagos State Governor, Babajide Sanwo-Olu, has called for broader inclusion of Micro, Small and Medium Enterprises and high-net-worth individuals in Nigeria’s tax net to address growing tax evasion and boost revenue collection. Sanwo-Olu, represented by his Special Adviser on Taxation and Revenue, Ogungbo Abdul-Kabir Opeyemi, made the call on Tuesday during the opening ceremony of...
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$700m cabotage fund may crash freight cost – Shipowners

Nigerian shipowners have expressed hope that the disbursement of the $700m Cabotage Vessels Financing Fund would crash freight costs in Nigeria. These shipowners who stated this in a chat with The PUNCH expressed readiness to meet the required criteria to access the fund. The President of the Nigerian Chamber of Shipping, Mr Aminu Umar, explained...
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FG vows to boost the shipping industry

The Federal Government, through the Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to bring an end to the issuance of waivers under the Coastal and Inland Shipping Act of 2003 to boost indigenous shipping. Oyetola, in a statement by his Media and Communications Adviser, Dr Bolaji Akinola, stated this recently when...
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Asharami Synergy commits to effective aviation fuel delivery

Asharami Synergy, a supplier of Aviation Turbine Kerosene, has reaffirmed its commitment to innovation, partnership, and service excellence in aviation fuelling to ensure seamless operations, safety, efficiency, and sustainability in the sector. The company made this assertion at its just-concluded 2025 Aviation Customer Forum in Lagos, which convened leading stakeholders in the aviation sector. According...
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NERC deploys corps members to sensitise electricity consumers

The Nigerian Electricity Regulatory Commission is set to deploy members of the Nigerian Youth Service Corps to sensitise electricity consumers to their rights and duties. This was as the commission announced the establishment of an NYSC Community Development Service Group for serving corps members. Announcing the development on its social media handles, the NERC said...
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Housing projects generated over 5,000 jobs in 2024 – LASG

The Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, has revealed that the state’s housing projects generated 5,287 jobs in 2024. He disclosed this on Tuesday at the ministerial press briefing marking Governor Babjide Sanwo-Olu’s second year in office. He said, “The quantum of construction activities undertaken by the housing sector generated engagement of direct and...
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FG lists N4.3bn savings bonds on NGX

The Federal Government has listed its April 2025 Savings Bonds valued at N4.3bn on the Nigerian Exchange Limited. The listing, which took place on Tuesday, was disclosed in a market bulletin issued by the NGX Regulation Limited. According to the NGX, two tranches of the FGN Savings Bonds were admitted to trading – the two-year...
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Delta Air Lines unveils customer self-service app

Delta Air Lines said it has rolled out its Fly Delta app, introducing a range of new features designed to give customers greater control, convenience, and customisation throughout their journey. According to the airline, the newly launched Fly Delta 7.0 is now available for iOS users, with features rolling out over the summer. The update...
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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...