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Nigeria seeks investment for climate-smart agriculture

The Federal Government has called on investors to collaborate with Nigeria in harnessing its agricultural potential while tackling the growing impact of climate change on food production and security. This appeal was made by the Minister of Agriculture and Food Security, Abubakar Kyari, through a statement signed by the Head, Department of Information, Ezeaja Ikemefuna,...
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TaxStreem Unveils Platform to Simplify Business Tax Complian

Nigeria-based tax compliance startup, TaxStreem, has unveiled a digital platform designed to help businesses simplify and automate tax compliance by integrating it directly into their daily financial workflows. This was disclosed by the firm’s co-founders, Kelechi Ibe, a tax lawyer and advisor and Sam Ayo, a senior Artificial Intelligence and Machine Learning Engineer, on Tuesday....
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Skypixels Launches First Major Drone Show in Nigeria

Skypixels, an indigenous tech company, has unveiled Nigeria’s first large-scale drone light show, ushering in a new era of aerial digital displays powered by cutting-edge drone technology and signalling a bold shift in entertainment, advertising, and storytelling experiences. As part of the soft launch, Skypixels brought together a fleet of 1,000 drones, each equipped with...
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Petrol Price in Nigeria Nears N1,400 Amid Calls for Action

The Organised Private Sector and the Nigeria Labour Congress on Monday called for urgent government intervention as petrol prices surged towards N1,400 per litre across parts of the country, raising fears of worsening inflation, job losses, and business closures. The development follows successive price increases by the Dangote Petroleum Refinery, which recently raised its ex-depot...
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CBN directs IMTOs to open naira settlement accounts

The Central Bank of Nigeria has directed all International Money Transfer Operators operating in the country to open and maintain naira settlement accounts with authorised dealer banks, as part of efforts to tighten oversight of diaspora remittances and improve transparency in the foreign exchange market. The directive was contained in a circular dated March 24,...
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CBN Banking Recapitalisation: What Customers Should Know

The Central Bank of Nigeria has addressed concerns and rumours surrounding the ongoing banking recapitalisation exercise. In a thread posted on X on Tuesday, the apex bank said the Nigerian banking sector is sound and stable, that customer deposits are fully safe and protected, and that banking services remain unchanged. It also said the March...
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Banks attract N4.61tn under new CBN recapitalisation

Nigerian banks attracted a total of N4.61tn in new capital under the Central Bank of Nigeria’s recapitalisation programme, according to a press statement issued by the apex bank on Tuesday. The disclosure was made at the 4th Annual IMF/AFRITAC West 2 High-Level Executive Forum for Financial Sector Regulation and Supervision held at the CBN headquarters...
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Firm promotes affordable solar energy access in Lagos

A firm, African Climate Stories, has said its ‘Flip the Switch Campaign’ roadshow is driving solar energy adoption in Lagos communities. The organisation disclosed this in a statement on Tuesday, following a roadshow held at Abule-Egba and Iyana-Ipaja markets in Lagos. It said the event brought together residents, small business owners, and energy stakeholders, while...
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Ogun Waste Managers Praise Gov. Abiodun’s Intervention

The Association of Waste Managers of Nigeria, Ogun State Chapter, has hailed Governor Dapo Abiodun for his timely intervention in preventing the collapse of the state’s waste management system. This commendation was contained in a statement made available to journalists on Monday and signed by the state chairman of the association, Pastor Jolaoluwa Gbenga. Gbenga...
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Air Peace Refutes Tax Evasion Claims by Lagos Government

Nigeria’s largest carrier, Air Peace, has expressed shock over reports alleging that its Chairman and Chief Executive Officer, Allen Onyema, and Vice Chairman, Alice Onyema, are facing a tax evasion suit instituted by the Lagos State Government, describing the claims as surprising and unsubstantiated. The airline, in a statement on Monday, said neither the company...
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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...