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Non-oil export records 24.7% surge, hits $1.7bn

30.04.2025
Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the Nigerian Export Promotion Council disclosed on Monday. This marks a 24.7 per cent increase compared to the $1.436bn recorded in the same period of 2024, according to the Executive Director of the council, Nonye Ayeni....
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PenCom to recover N1.3bn pension debt from newspapers

30.04.2025
The National Pension Commission has commenced moves to recover over N1.3bn in unpaid pension contributions owed to journalists by newspaper organisations across the country. This was disclosed by the Director-General of PenCom, Ms Omolola Oloworaran, during a high-level visit to the Nigerian Press Council in Abuja. Oloworaran decried the widespread non-compliance with the Pension Reform...
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No plan to ban solar panel imports now – FG

30.04.2025
The Federal Government has said that the plan to ban the importation of photovoltaic solar panels into Nigeria will not take effect immediately. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, told The PUNCH exclusively that the government is not contemplating banning solar panel imports now. According to Aliyu, though Nigeria...
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Debt servicing gulped N696bn in January – CBN

30.04.2025
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin, data from the Central Bank of Nigeria’s January 2025 Monthly Economic Report has shown. According to the report, the Federal Government’s debt servicing obligations for the month stood at N696.27bn, while total retained...
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Govt plans five-month wage award arrears payment

30.04.2025
The Federal Government has announced plans to commence the payment of the outstanding N35,000 wage award arrears owed to federal civil servants. This was disclosed in a statement issued by the Office of the Accountant-General of the Federation on Monday in Abuja. According to a statement signed by the Director of Press and Public Relations,...
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Varsity unveils Lagos study centre to boost learning

30.04.2025
Miva Open University has announced the unveiling of its Lagos Study Centre, aimed at redefining educational experience and boosting learning in the country. The launch ceremony of the centre is scheduled to take place on Tuesday (today) in Yaba, Lagos. According to a statement, the newly established centre represents a major step in Miva’s vision...
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Refund customers’ investments in transformers, FCCPC orders Disco

30.04.2025
The Federal Competition and Consumer Protection Commission has ordered the Ibadan Electricity Distribution Company to refund whatever consumers invest in buying transformers, poles, cables, and other items. The Chief Executive Officer/Executive Vice-Chairman of FCCPC, Tunji Bello, gave this directive at the FCCPC Electricity Consumer Forum in Ota, Ogun State. Bello, who was represented by an...
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Nigeria seeks new telecom rules to boost digital economy

30.04.2025
Nigeria’s telecom regulator and lawmakers have begun to review the Nigerian Communications Act 2023, seeking to modernise a landmark law that catalysed a $75 billion industry but now lags behind the rapid evolution of artificial intelligence, 5G, blockchain, and the Internet of Things. The initiative, kicked off at a Lagos colloquium on Tuesday with telecom...
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FIRS unveils e-invoicing committee, targets tax compliance

30.04.2025
The Federal Inland Revenue Service has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of its efforts to boost tax compliance, transparency, and efficiency in Nigeria’s tax system. This was according to a statement shared on the service’s official X handle on Tuesday. “On Tuesday, April 29, 2025, the Federal Inland Revenue Service...
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Travel firm expands to Port Harcourt, Abuja

30.04.2025
Nigeria’s corporate travel management company, FCM Nigeria, has deepened its footprint in the Nigerian market through the expansion of its operations to Port Harcourt and Abuja. The travel company made this known through a statement signed by its spokesman, Temilade Adu, stating that the move was built to strengthen the company’s presence across key commercial...
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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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