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What small businesses need to know

Small and medium-sized enterprises would gain significantly from the new tax laws by repositioning their internal processes, strengthening tax reporting, and deepening engagement with the government, according to business stakeholders. In separate phone interviews with The PUNCH, stakeholders, including the Director of Africa Retail Academy, Prof Uchenna Uzo, explained that SMEs, particularly retailers, should adopt...
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Power Reforms to Deliver Stable Electricity in Nigeri

The Niger Delta Power Holding Company has urged Nigerians to remain hopeful, assuring that ongoing reforms in the power sector will translate into a more reliable and sustainable electricity supply across the country. The Managing Director and Chief Executive Officer of NDPHC, Jennifer Adighije, gave the assurance in her New Year message, where she called...
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MAN backs new Nigerian tax laws for business recovery

The Manufacturers Association of Nigeria and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the newly enacted tax laws were designed to help Nigerian businesses recover, regain competitiveness, and expand from the domestic market into regional markets, following years of distortion caused by multiple taxation and...
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NECA Urges Employers to Prioritise Workplace Safety in Niger

The Nigerian Employers’ Consultative Association and the Nigeria Social Insurance Trust Fund have intensified efforts to improve workplace safety standards across the country, warning that negligence, poor awareness, and weak safety culture continue to expose Nigerian workers to preventable injuries and deaths. The renewed push came on Friday in Abuja at a press conference ahead...
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Galaxy Backbone Boosts Nigeria’s Digital Drive

Galaxy Backbone has said it is placing renewed emphasis on digital infrastructure and cybersecurity as it marks two decades of supporting Nigeria’s public-sector digital systems, signalling that future investments will focus on strengthening the backbone of government technology rather than ceremonial expansion. In a statement issued on Friday by its Head of Corporate Communications, Chidi...
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NECA & NSITF Push for Safer Workplaces in Nigeria

The Nigerian Employers’ Consultative Association and the Nigeria Social Insurance Trust Fund have intensified efforts to improve workplace safety standards across the country, warning that negligence, poor awareness, and a weak safety culture continue to expose Nigerian workers to preventable injuries and deaths. The renewed push was highlighted on Friday in Abuja at a press...
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20 Nigerian banks meet recapitalisation mark ahead of deadli

The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts focus toward ensuring that stronger balance sheets translate into real sector credit growth. This was disclosed by the Deputy Governor, Economic Policy, Central Bank...
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LIRS Fixes Jan 31 Deadline for 2025 Annual Tax Returns

The Lagos State Internal Revenue Service has reiterated the statutory deadline of January 31, 2026, for all employers of labour in the state to file their annual tax returns for the 2025 financial year. In a statement issued on Thursday, the Executive Chairman of LIRS, Dr Ayodele Subair, reminded employers that the obligation to file...
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Africa Leads in Gender Inclusion for Private Capital: AVCA

The African Private Capital Association has disclosed that Africa’s investment teams outperform global averages for women in senior roles. This was one of the findings of its Gender Diversity in African Private Capital Report, which was released on Wednesday. The PUNCH reports that the African Private Capital Association is the nexus of private capital in...
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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...