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Nigeria’s Inflation Eases for Fifth Consecutive Month

16.09.2025
Nigeria’s headline inflation slowed for the fifth consecutive month in August 2025, providing some respite for consumers grappling with high living costs. Data released by the National Bureau of Statistics on Monday showed that inflation dropped to 20.12 per cent, down from 21.88 per cent in July. The figure represents a 1.76 percentage point decline...
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Import Levy Suspended by Finance Minister Edun

16.09.2025
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has directed the Nigeria Customs Service to suspend the implementation of the 4% Free on Board levy on imported goods. The directive was contained in a circular titled “Suspension of the Implementation of four per cent FOB Charge by the Nigeria Customs Service”,...
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UBA Pledges $150M for Kenya Roads Levy Program

16.09.2025
United Bank for Africa has pledged $150m (KES 20.5bn) to the Government of Kenya’s Roads Levy Securitisation Programme, a $1.35bn initiative spearheaded by the Kenya Roads Board, which aims to upgrade critical road infrastructure, accelerate payments to contractors, and boost national connectivity. The Group Managing Director/Chief Executive Officer of UBA Plc, Oliver Alawuba, led a...
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Nigeria’s Luxury Housing Hotspots: Eko Atlantic, Ikoyi Lead

16.09.2025
A new report reveals Eko Atlantic, Ikoyi, Banana Island, and Victoria Island as Nigeria’s most expensive residential locations. The report by Diya Fatimilehin & Co, tagged ‘Nigerian Residential Market Review 2025’, found that Lagos retained its luxury dominance, while Ogun and Oyo emerged as viable real estate alternatives, boosted by infrastructure projects and lower entry...
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FX Stability to Drive Further Inflation Decline in Nigeria?

15.09.2025
Ahead of the release of the August inflation data, Coronation Asset Management, in its inflation outlook, has projected a continued decline driven by foreign exchange stability and the harvest season. The National Bureau of Statistics is expected to publish the inflation report for August on Monday (today), with inflation expected to continue to decelerate and...
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Nigeria’s Carbon Project Gets UK Backing

15.09.2025
The Carbon Accelerator Programme for the Environment has announced that the Gashaka Gumti Forest Carbon Project, one of the first nature-based carbon projects in Nigeria, has been selected to receive project feasibility and development support. In a statement made available to The PUNCH, it was indicated that the Gashaka Gumti Forest Carbon Project was selected...
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Financial Literacy Training Empowers Students at Nigerian Su

15.09.2025
9Payment Service Bank, Nigeria’s first licensed payment service bank, has reiterated its commitment to financial literacy and youth empowerment by conducting a training session at the Liberty Career Academy Summer Camp. The initiative exposed young participants to practical knowledge and essential life skills aimed at helping them make informed financial decisions and build a solid...
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Data Gap Threatens Nigeria’s Real Estate Growth – AFRES

15.09.2025
The African Real Estate Society has warned that inadequate and fragmented data remains a major obstacle to housing finance, investor confidence, and sustainable growth in Nigeria’s real estate sector. The president of the Nigerian chapter of the continental body, Adekunle Awolaja, sounded this warning at the African Real Estate Society 24th Annual Conference, which was...
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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
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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