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Kuda Upgrades Business Banking to Serve NGOs & Churches

24.01.2026
Kuda has announced that it has updated its business banking services to enable it to serve non-governmental organisations and incorporated trustees. The institution revealed that the update means religious organisations, charities, and other registered organisations no longer have to navigate the long wait and paperwork traditionally associated with setting up a business account. The SVP...
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Trump Sues JPMorgan for $5bn Over Account Closure

24.01.2026
The President of the United States of America, Donald Trump, has sued the nation’s largest bank, JPMorgan Chase, and its Chief Executive Officer, Jamie Dimon, for allegedly dropping him as a client in 2021 over his political affiliations. According to Reuters, a counsel for Trump, Alejandro Brito, filed the $5bn lawsuit on Thursday in a...
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Govt Confirms N152bn in Contractor Payments Amid Protests

24.01.2026
The Federal Government has said it disbursed N152bn to contractors for what it described as verified contracts, amid lingering protests over outstanding payments. In a statement on Thursday, the Minister of State for Finance, Doris Uzoka-Anite, said the payments followed strict verification procedures in line with existing laws and regulations. Uzoka-Anite noted that the Federal...
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Nigerian Equity Market Trades Hit a Record N11.92tn in 2025

23.01.2026
Nigeria’s equity market recorded a historic performance in 2025 as total transactions rose sharply to N11.92tn, driven by a resurgence in foreign portfolio participation and sustained dominance by domestic investors. According to the Domestic & Foreign Portfolio Participation in Equity Trading Summary of Transactions as of 31 December 2025, released by the Nigerian Exchange Limited...
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BOI appoints Olayinka Mubarak as new investment subsidiary M

23.01.2026
The Bank of Industry has announced the appointment of Olayinka Mubarak as the Managing Director of BOI Investment & Trust Company Limited, its wholly owned subsidiary. According to the bank in a statement on Thursday, Mubarak brings over 25 years of experience in banking and financial services, spanning development finance, treasury management, public sector, commercial...
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Nigeria’s Cashew Exports Generate Over $400m in Revenue

23.01.2026
Nigeria’s cashew industry has contributed over $400m in export earnings, supporting the country’s non-oil revenue, but industry leaders say the sector has the capacity to deliver greater value through increased production, processing, and domestic consumption. President of the Federation of Agricultural Commodity Associations of Nigeria, Sheriff Balogun, said this at the 4th Nigeria Cashew Day...
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Sweden and Chocolate City deepen creative ties

23.01.2026
The Ambassador of Sweden to Nigeria, Anna Westerholm, has reiterated Sweden’s interest in deepening creative, cultural and digital collaborations with Nigeria, following an official visit to the Chocolate City Group office. According to a statement, the ambassador’s visit was part of efforts to strengthen Nordic–African partnerships within the global creative economy, with a focus on...
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LIRS Warns Employers of Jan 31 Tax Filing Deadline

23.01.2026
The Lagos State Internal Revenue Service has warned employers of labour in the state to comply with statutory tax filing obligations as the 31 January deadline for annual returns approaches, stressing that late or non-compliance will attract stiff penalties as enshrined in the tax laws. The Director of Personal Income Tax, Lagos State Internal Revenue...
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Expert advises African startups on sustainable growth

23.01.2026
A technology executive and Senior Product Marketing Manager at Anchor Software Limited, Omolara Dada, says African startups need to realign their growth strategies to focus on sustainability, efficient use of capital, and a stronger grasp of customer needs. Dada made this observation during a masterclass at the Africa Startup Festival in Lagos, which attracted startup...
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Bukka Hut empowers small businesses with annual yard sale

23.01.2026
Bukka Hut has reiterated its commitment to supporting small business owners following its annual Bukka Hut Yard Sale 6.0, which was held in December 2025. In a statement, the brand noted that its 2025 edition, themed ‘One Home, Many Stories’, took place across several Bukka Hut outlets, including Yaba, Anthony, Ogudu and Ikorodu. Some activities...
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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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