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Unity Bank debunks under-capitalisation claims

25.03.2026
Unity Bank has officially cleared the air regarding its regulatory standing, dismissing recent media reports that suggested the lender had failed to meet the Central Bank of Nigeria’s stringent new recapitalisation requirements. In a detailed clarification, the bank affirmed that it remains fully compliant and is on a clear trajectory to exceed the minimum capital...
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NNPC Vows to Strengthen Nigeria’s Energy Security

25.03.2026
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, has declared that Nigeria is entering a decisive phase in its energy evolution, one driven less by promises and more by execution, as the country positions itself as a prime destination for global energy capital. Ojulari made this known on Tuesday at...
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Book Spotlights Financial Reporting Reforms in Nigeria

25.03.2026
A new book, titled ‘Building a Legacy of Trust: Dr Rabiu Olowo and the Reform of Financial Reporting in Nigeria’, has cast the Executive Secretary/Chief Executive of the Financial Reporting Council of Nigeria, Dr Rabiu Olowo, as a central figure in the country’s evolving accountability architecture, highlighting his role in strengthening transparency, institutional reform, and...
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Nigeria & Finland Sign MoU on Digital Innovation Cooperation

25.03.2026
Nigeria and Finland have signed a Memorandum of Understanding on digitalisation and innovation to deepen bilateral cooperation in the digital sector. A statement issued on Tuesday by the Embassy of Finland in Nigeria, through its Press and Communications Officer, Maria Ruuskanen, said the agreement was signed in Abuja by Nigeria’s Minister of Communications, Innovation and...
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Nigeria launches National Single Window to boost trade

25.03.2026
The Federal Government on Tuesday formally unveiled the National Single Window project, marking a significant step in its efforts to reform Nigeria’s trade ecosystem, reduce bureaucratic bottlenecks, and improve the ease of doing business. Speaking at a media briefing in Apapa, Lagos, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, described...
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Car Imports in Nigeria Reach N4.3tn Over Three Years

25.03.2026
Nigerians spent a total of N4.31tn on the importation of passenger motor cars between 2023 and 2025, according to data from the National Bureau of Statistics’ foreign trade statistics. A year-on-year breakdown shows that passenger car imports stood at N1.47tn in 2023, before declining by about 14.24 per cent to N1.26tn in 2024. The trend...
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Aviation Stakeholders Split Over FCCPC Price Fixing Report

25.03.2026
Stakeholders and professionals in the aviation industry have adopted differing positions regarding the allegation that some airlines were involved in price fixing during the last festive season in Nigeria. The development follows an investigation by the Federal Competition and Consumer Protection Commission, which indicted five unnamed domestic carriers, a move that has continued to generate...
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Nigeria’s aviation market struggles despite its vast size

25.03.2026
Despite boasting one of the largest aviation markets in Africa, Nigeria continues to grapple with structural challenges hindering the growth of its aviation sector, according to Debo Adewolu, the Customer Service Manager for Africa and the Middle East at Embraer. Speaking at the Fireside Chat with African Aviators 2.0, organised by the African Aviation Group...
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Agbaje inaugurated as PENCOM board chair to drive reforms

25.03.2026
President Bola Tinubu has formally inaugurated Dr Opeyemi Agbaje as Chairman of the National Pension Commission Board, marking a critical turning point in Nigeria’s pension industry. The inauguration, performed on behalf of the President by the Secretary to the Government of the Federation, Sen. George Akume, took place on Monday in Abuja. Speaking at the...
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82 Feared Dead in US & Colombia Aircraft Crashes

25.03.2026
At least 82 people are feared dead following two separate aircraft crashes in the United States and Colombia, with authorities still battling to determine the full scale of casualties as rescue operations continue. The casualties both occurred on Monday, miles apart. In the United States, Air Canada President and Chief Executive Officer, Michael Rousseau, described...
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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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