Business

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

Tinubu gets ICPC report on alleged fake agency

  • 6th August 2026

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

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FUTA workers protest alleged non-payment of allowances

News

Five countries that recently changed, redenominated their currencies

featured Finance

SEC launches campaign to help Nigerians recover unclaimed dividends

Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

Investment

Blog

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace recorded 49 bird strikes in 2025 — CEO

The Chief Executive Officer of Air Peace, Allen Onyema, has disclosed that the airline recorded 49 bird strike incidents across Nigeria in 2025, describing the situation as a serious setback to airline operations. Onyema made the disclosure on Sunday during an interview on ARISE NEWS, where he outlined multiple challenges confronting Nigerian airlines, including frequent […]

Oil and Gas

Petrol price war will benefit Nigerians, says NNPCL boss

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has assured Nigerians that the ongoing price competition in the downstream petroleum sector will ultimately favour consumers. Ojulari said the present tensions in the market are a natural outcome of Nigeria’s shift from near-total reliance on fuel imports to domestic refining […]

News

FCT correctional service expands inmate skills, education programmes

The Nigerian Correctional Service, Federal Capital Territory Command, has recorded notable progress in inmate empowerment and rehabilitation through the expansion of skill acquisition and educational programmes across its custodial centres. The development was disclosed in a statement issued on Sunday by the spokesperson for the FCT Command, Adamu Duza, who said the initiatives are designed […]

featured Finance

50 exemptions, reliefs for Nigerians in new tax reform

Nigeria’s new tax reform laws, scheduled to take effect from 1 January 2026, introduce wide-ranging reliefs and exemptions aimed at easing the financial burden on low-income earners, average taxpayers and small businesses. The reforms outline 50 key exemptions and incentives covering personal income tax, company income tax, value added tax, capital gains tax, stamp duties […]

Port Harcourt refinery begins operation in Rivers
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P’Harcourt refinery still supplies 349,000 litres of diesel daily — NMDPRA

The Port Harcourt Refining Company, despite being shut down, continues to supply 349,000 litres of automotive gas oil (diesel) to the market each day, according to the latest data published by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The regulator said the refinery, which was shut by the Nigerian National Petroleum Company Limited on […]

FAAC funds to FG, states hit 7-year high in 2023
featured Finance

FAAC, loans dominate govs’ funding plans for 2026 budget

State governments are heading into 2026 with expansive spending plans, but weak internally generated revenue is compelling many of them to depend heavily on federal transfers, borrowing, and temporary inflows to finance their budgets, according to an analysis by The PUNCH. A review of appropriation bills and approved estimates across several states indicates that only […]

featured Life Style

Cookware CEO Paul van Zuydam becomes S’Africa’s latest billionaire

South Africa has welcomed a new entrant into the billionaire class with the emergence of industrialist Paul van Zuydam as a dollar-denominated billionaire. The 87-year-old owner of French cookware giant Le Creuset has joined the Forbes Real-Time Billionaire Index with an estimated net worth of $1.7 billion, becoming South Africa’s eighth dollar billionaire. Van Zuydam’s […]

Business

Vitafoam announces bonus shares, proposes N3 dividend

Vitafoam Nigeria Plc has announced a 1-for-5 bonus share issue alongside a proposed dividend of N3.00 per share ahead of its 64th Annual General Meeting scheduled for March 5, 2026, in Lagos. The proposed bonus issue, which will be presented to shareholders for approval, involves the capitalisation of N125.08 million from retained earnings to create […]

Entertainment featured

Pastor Jerry Eze’s NSPPD YouTube channel ranks third globally

The YouTube channel of popular Nigerian cleric and founder of Streams of Joy Ministries, Pastor Jerry Eze, has emerged as the third most watched channel in the world, ranking above all non-gaming content creators globally. Pastor Eze announced the milestone on Friday via his social media platforms, describing the achievement as unexpected and attributing it […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
Finance

States, LGs cut bank debt by ₦547.5bn

States and local government councils reduced their bank borrowings by about N547.52bn within one year as inflows from the Federation Account Allocation Committee increased significantly, according to findings by The PUNCH. Data obtained from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin show that the banking sector’s claims on state governments and local councils […]

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