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Trump opposes global rules to regulate AI

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Petrol stations risk licence revocation over under-dispensing – NMDPRA

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Trapped funds: CBN to give foreign airlines $150m
Economy

Why govt should make forex available for manufacturers – NECA

The Nigeria Employers Consultative Association has revealed why the Nigerian government should allocate available forex to manufacturing and other productive sectors of the economy. According to the Director-General, NECA, Mr Wale Oyerinde, the available forex to manufacturing and other productive sectors of the economy should be given priority towards resolving the challenges faced by the nation. […]

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Bakers to raise bread prices over rising costs
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Bakers to raise bread prices over rising costs

Bakers, under the aegis of the Premium BreadMakers Association of Nigeria, have announced their readiness to increase the prices of bread following the rising costs of baking materials. This was disclosed by the President of the association, Emmanuel Onuorah, during a recent interview with The PUNCH. stating that the recent developments in the global marketplace […]

Jet A1 hike threatens airlines' existence - Ibom Air COO
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Jet A1 hike threatens airlines’ existence – Ibom Air COO

The Chief Operating Officer of Ibom Air, Mr Goerge Uriesi, has expressed fears that the continuous fuel price hike could threaten the existence of Nigerian airlines. The former Managing Director of the Federal Airports Authority of Nigeria discusses the prospects and challenges of the aviation industry, in this exclusive interview with The PUNCH. Some analysts […]

News

Rising debt affecting investment in infrastructure, others – DMO

The Director General of the Debt Management Office, Patience Oniha, has said that high debt levels lead to high debt services and affect investment in infrastructure. This is according to a document by her, which was presented during a workshop for civil society organisations organised by the SFTAS programme coordination unit held in Abuja on […]

News

NIPOST cracks down on Illegal courier, logistics operators

The Nigerian Postal Service has cracked down on illegal courier and logistics operators in Ogun State. Motorcyles were seized and illegal offices were shut durinf the exercise carried out by the  Enforcement Team of the Courier and Logistics Regulatory Department of the NIPOST. The enforcement team stormed some of the offices in some parts of […]

Naira falls N777 against dollar after CBN announcement
Economy

EFCC threatens to arrest dollar hoarders over naira fall

Following the increasingly fall of the Naira, the Economic and Financial Crimes Commission has threatened to arrest Nigerians hoarding dollars and other foreign currency The Chairman of the anti-graft agency, Abdulrasheed Bawa, said this during a meeting with representatives of the Bureau De Change operators on Friday. Bawa’s meeting with the BDC operator was a […]

NBC slammed over MultiChoice court ruling
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NBC slammed over MultiChoice court ruling

A local pay cable television company named Metro Digital Limited has slammed the Nigerian Broadcasting Commission for failing to comply with the directive of the Court of Appeal in its dispute with MultiChoice. Reports revealed that the Port Harcourt court had ordered NBC to address the firm’s complaints about a trade dispute with MultiChoice within […]

First Holdco records highest profit in 12 years, posts N663.4bn in 2024
Banking

First Bank headquaters in Abuja shut over debt

The headquarters of First Bank located in the Central Business District, Abuja, had been sealed up by the FCT High Court Enforcement Unit over failure to comply with a garnishee order. A garnishee order is one of the options open to a judgment creditor to enforce a judgment that has been made in his favour. […]

Nigerians bought petrol N191.65 per litre September- NBS
Oil and Gas

Marketers hint at fresh fuel scarcity in Abuja

The Federal Capital Territory residents might experience a fresh round of fuel scarcity as tankers have halted the conveyance of petroleum products to the state. According to The Punch, the Independent Petroleum Marketers Association of Nigeria, and Depot and Petroleum Products Marketers Association of Nigeria disclosed this to newsmen. The sources with IPMAN and DAPPMAN […]

Nigerians bought petrol N191.65 per litre September- NBS
News

Kerosene hits over N800/litre, Nigerians lament

Just when the market is begin to adjust to the recently increased price of petrol and cooking gas, the cost of kerosene has climbed to an all-time high of N800 per litre. According to a market study conducted by The PUNCH on Tuesday, one litre of cooking kerosene, which cost N700 last week, is now […]

Over N1.5trn needed to fix airports - NCAA
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Over N1.5trn needed to fix airports – NCAA

The Nigerian Civil Aviation Authority has stated that the agency need over N1.5trn to upgrade its facilities for optimal service delivery. According to the News Agency of Nigeria, the agency revealed that the poor state of its infrastructure and the high level of insecurity in the nation are militating against its operations. The Director General […]

FG halts planned 5% tax on GSM calls, SMS
News

Importation of SIM cards no longer allowed – Pantami

The Nigeria Minister of Communications and Digital Economy, Isa Pantami, has revealed that the Federal Government of Nigeria has banned the importation of subscriber identity module cards Pantami made the announcement on Monday in Oniru, Lagos at the Nigerian Telecommunications Indigenous Content Expo organized by the Nigeria Office for Developing Indigenous Telecoms Sector of the […]

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