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Nigeria-South Africa chamber advocates economic integration for food security

The Nigeria-South Africa Chamber of Commerce has urged African nations to deepen economic integration to ensure food security and shared prosperity across the continent. Speaking on Thursday at the NSACC’s March Breakfast Meeting in Lagos, stakeholders in the agricultural sector underscored the need for a robust agribusiness framework to address food shortages and enhance intra-African...
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Ogun to empower entrepreneurs with digital skills

The Ogun State Government has partnered with GFA Technologies to train and empower at least one million entrepreneurs through the Gateway Skills Programme. According to a statement, the Commissioner for Industry, Trade and Investment, Adebola Sofela, announced the initiative at the first-quarter MSMEs Stakeholders’ Engagement Meeting, which was held virtually. Sofela, who was joined by...
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Policy delay hampers manufacturing exports – MAN

The Federal Government’s delay in signing the fiscal policy measure document for over a year has hurt manufacturers’ ability to competitively produce for the export market, according to the Manufacturers Association of Nigeria, Ogun State Chairman George Onafowokan. Onafowokan, in an interview with The PUNCH, criticised the Federal Government for its delay in signing the...
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World Bank flags Nigeria’s weak statistical performance

The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country is lagging behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil. According to a statement by the budget ministry’s Director, Information and Public Relations, Mrs Julie Osagie-Jacobs, this was noted during a courtesy visit to the Minister...
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Firm empowers 135,000 farmers with tractors

TracTrac, an agricultural mechanisation service provider, has provided tractors and mechanised farming solutions to over 135,000 smallholder farmers to boost Nigeria’s food production. The company, which was founded in 2019, is tackling the challenges of high costs, limited financing, and weak supply chains that have kept mechanisation out of reach for most farmers. In a...
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Reps to probe N1.24tn Sukuk funds

The House of Representatives on Wednesday resolved to probe Sukuk backed road projects valued at about N1.24tn raised In the past seven years (2017- 2024). The resolution of the House followed the adoption in plenary of a motion of urgent public importance sponsored by Nasarawa lawmaker, Mr Jonathan Gbefwi. Recall that the Federal Government has...
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MTN, Airtel plan cost reduction in network sharing deal

MTN Group and Airtel Africa have signed a network infrastructure-sharing agreement in Nigeria and Uganda, aiming to reduce costs and expand mobile connectivity in underserved areas. Under the agreement, both companies will explore various models of network collaboration, including Radio Access Network sharing and fibre infrastructure partnerships. This could involve the construction of new fibre...
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Pharmaceuticals now exempted from import duty, VAT – Customs

The Nigeria Customs Service has announced a two-year exemption from import duty and Value Added Tax for critical raw materials essential for the production of pharmaceuticals. The exemption, granted under a presidential executive order, was disclosed on Wednesday in a statement issued by the NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada. Maiwada specified...
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Money supply dropped to N110.3tn in February – CBN

Nigeria’s money supply recorded its first decline in 2025, falling to N110.32tn in February from N110.94tn in January, data from the Central Bank of Nigeria showed. The 0.56 per cent month-on-month drop comes amid continued efforts by the apex bank to manage liquidity in the system, following earlier signals of monetary tightening and foreign exchange...
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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...