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US market rally set to expand beyond tech stocks

17.01.2026
US investors are increasingly betting that the stock market rally, long driven by technology giants, will broaden to include industrial, healthcare, and small-cap companies, creating opportunities for these sectors to assert market leadership, according to Reuters. Shares of tech leaders such as Nvidia, Alphabet, and Broadcom have underpinned a bull run in which the S&P...
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Olam Agri Named Top Employer for Sixth Consecutive Year

17.01.2026
Agribusiness Olam Agri has been recognised by the Top Employers Institute as a Top Employer 2026 in Nigeria for the sixth consecutive year. This was disclosed in a statement made available to The PUNCH, where the firm said the recognition reinforced its sustained commitment to creating a high-performing workplace through data-driven people strategies, independent validation,...
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Petrol Imports in Nigeria High Despite Dangote’s Production

17.01.2026
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. During the same period, the Dangote refinery reportedly supplied 992 million litres, showing a notable contribution from domestic refining compared to November. In December, total petrol supply was 74.2 million litres...
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Delta closes 100th year with $63.4bn operating revenue

17.01.2026
International airline Delta has reported $63.4bn in operating revenue in 2025, a strong close to its centennial year. This was disclosed in a statement on Thursday announcing its performance for last year. For the full year, Delta generated $63.4bn in operating revenue, with an operating income of $5.8bn and a pre-tax income of $6.2bn, translating...
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Nigeria Urged to Rethink Donor Terms in its Power Sector

17.01.2026
To optimise Nigeria’s electricity potential, the country needs to critically examine the terms and conditions attached to foreign incentives entering the power sector, a new study published in the Energy Research & Social Science Journal has stated. According to a statement on Wednesday, the study, titled ‘Energy Transition in the Global South: Donor Bargains and...
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EU removes Nigeria from financial crime high-risk list

17.01.2026
The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was published on the European Commission’s website and follows Nigeria’s removal from the Financial Action Task Force greylist in 2025, following a series...
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VAT on Bank Services is Not New, FG Clarifies

16.01.2026
The Federal Government said on Thursday that value-added tax on banking services is not a new policy, after reports (not The PUNCH) suggested the levy had recently been introduced on electronic money transfers and other transactions. The clarification followed public complaints from bank customers who believed fresh charges had been imposed on routine services at...
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UCIF Appoints New Investment Committee Members

16.01.2026
The Board of Directors of United Capital Plc has announced the appointments of four highly experienced infrastructure investment experts as independent members of the Investment Committee of the United Capital Infrastructure Fund. According to the firm, the appointments have been confirmed following the ratification and clearance by the Securities and Exchange Commission. The United Capital...
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How Digitising Economic Policy Boosts Implementation & Growt

16.01.2026
Founder of Policy Vault Africa, Ridwan Sorunke, explains to ARINZE NWAFOR how digitising the  economic and industrial policies closes the memory gap, encourages evaluation and spurs growth by enhancing implementation How can the digitisation of government policies benefit the country? We have digitised over 10,000 policies across the continent; I believe we digitised approximately 5,000...
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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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