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FG’s free train rides excite passengers

19.12.2024
Passengers are delighted at President Bola Tinubu’s approval of free train rides nationwide from December 20, 2024, to January 5, 2025. The President made this announcement to the delight of many passengers on Monday and seems to have opened the gate of travel to many who had given up on seeing their loved ones this...
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Afreximbank joins BOI €2bn loan facility

19.12.2024
The African Export-Import Bank has joined a consortium of financial institutions in London to sign a landmark syndicated term loan facility for the Bank of Industry of up to two billion euros. In a statement on Tuesday, the continental bank revealed that it also acted as one of the initial mandated lead arrangers, bookrunner, and...
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CITN releases exam results

19.12.2024
The Chartered Institute of Taxation of Nigeria has announced the release of results of its October 2024 Diet Examination. A statement signed by CITN’s Registrar and Chief Executive, Afolake Oso, disclosed that the governing council of the institute commended students for their dedication and hard work. In a significant development, CITN announced a transition to...
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Sooyah Bistro opens12th outlet

19.12.2024
Sooyah Bistro, a fast-growing Nigerian fast-casual chain, continues to expand despite Nigeria’s economic challenges. The firm recently opened its 12th branch in Yaba, Lagos, marking a significant milestone in its growth journey. Speaking at the Yaba branch opening, the founder of Sooyah Bistro, Olamidun Ogundoyin, emphasised Yaba’s strategic importance, stating, “Yaba is a thriving locality...
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Foundations empower 100 Ogun children

19.12.2024
The Dolly Children Foundation, in partnership with the Flourish Roots Foundation, has empowered 100 children and their families in Makogi, Ogun State, through a holiday initiative known as the Bold Christmas Project. In a statement, the foundations expressed their commitment to spreading the spirit of Christmas by providing educational support, gifts, and entertainment to children...
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Google, Facebook, others pay N3.8tn tax to FG

19.12.2024
Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85tn in taxes to the Federal Government in the first nine months of 2024, The PUNCH reports. The amount represents an increase of 68.12 per cent from N2.29tn collected in the preceding period of 2023. The figure includes the amount paid as Company Income...
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Senate approves new capital requirements for insurance firms

18.12.2024
The Senate has approved new minimum capital requirements for insurance companies in Nigeria as part of reforms to strengthen the industry and address emerging risks. The legislation, titled the Nigeria Insurance Industry Reform Act, 2024, repeals and replaces several existing laws governing the sector. It also introduces a risk-based regulatory framework and adjusts capital thresholds...
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LIRS chairman receives honorary doctorate

18.12.2024
The Executive Chairman of the Lagos State Internal Revenue Service, Ayodele Subair, has been conferred with an honorary doctorate in Business Administration by the Adekunle Ajasin University, Akungba-Akoko. In a statement on Tuesday, LIRS said that Subair received the recognition at the institution’s 13th convocation ceremony and 25th anniversary. The honour given to the LIRS...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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