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Business · The Punch ·Tinubu courts global investors, promises economic stability
President Bola Tinubu is actively seeking international investment to bolster the national economy. During engagements with global stakeholders, he emphasized his administration's commitment to ensuring economic stability and creating a favorable environment for foreign capital to encourage sustainable growth within Nigeria's financial landscape.
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Business · The Punch ·
NGX dips 0.86%, sheds N1.3tn in selloff
The Nigerian Exchange Group experienced a decline of 0.86 percent as investors engaged in a significant selloff. This activity resulted in a loss of N1.3 trillion in market capitalization, reflecting a bearish trend in the local equities market during the trading period under review.
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Business · The Punch ·
Discos improve efficiency amid N8bn revenue slump
Nigerian electricity distribution companies have reported enhanced operational performance despite experiencing a significant revenue decline of N8 billion. This improvement in efficiency occurs as the sector navigates financial challenges, highlighting a shift in management strategies amid a fluctuating economic landscape for power utility providers across the federation.
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Business · The Punch ·
CFAO Mobility invests in EVs, CNG
CFAO Mobility has announced strategic investments in electric vehicles and compressed natural gas infrastructure within the Nigerian automotive market. The initiative focuses on providing sustainable transportation alternatives and reducing reliance on traditional fuels, marking a significant shift toward cleaner energy solutions and modernizing the country's transport sector.
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Politics · The Punch ·
2027: Abiodun promotes APC consensus, promises compensation
Governor Abiodun is advocating for a consensus arrangement within the All Progressives Congress in preparation for the 2027 elections. He highlighted the need for internal unity and pledged that party members who support this approach will be compensated to ensure a cohesive front during the upcoming political cycle.
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Politics · The Punch ·
INEC reopens nationwide voter registration Monday
The Independent National Electoral Commission is scheduled to resume the nationwide continuous voter registration exercise this Monday. This initiative allows eligible Nigerian citizens to register for their permanent voter cards or update their existing information ahead of upcoming elections in various parts of the country.
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Politics · The Punch ·
11th NASS: Senate blocks ex-govs, Uzodimma from principal offices
The Nigerian Senate has amended its standing rules to prevent first-time senators, including former governors, from seeking principal officer positions in the 11th National Assembly. This legislative adjustment prioritizes ranking members for leadership roles, thereby restricting newly elected senators from occupying key offices within the upper chamber of the legislature.
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Business · The Punch ·
Tatum Bank posts N1.7bn profit in first year
Tatum Bank recorded a profit of N1.7 billion during its first year of operations in Nigeria. The financial results indicate a successful entry into the banking sector, marking a significant milestone for the new institution. The bank’s performance reflects its initial growth trajectory and ability to generate revenue within its first twelve months.
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Politics · The Punch ·
2027: Abia community endorses Otti for second term
A community in Abia State has formally declared its support for Governor Alex Otti to seek a second term in the 2027 gubernatorial election. The endorsement reflects local approval of the governor's current performance and leadership within the state, signaling early political positioning ahead of the next general election cycle.
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Politics · Vanguard ·Enugu, SSDO push climate-focused budget reforms
The Enugu State government and the South Saharan Social Development Organization are collaborating to implement climate-focused budget reforms. This initiative aims to integrate environmental sustainability into fiscal planning, ensuring that public spending prioritizes climate resilience and addresses environmental challenges across various sectors of the regional economy.
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Business · Vanguard ·Digital commerce accelerates shift to pre-owned goods in Nigeria
The adoption of digital commerce platforms in Nigeria is driving a significant transition toward the consumption of pre-owned goods. Online marketplaces have streamlined the process for buying and selling used items, providing consumers with affordable alternatives amid economic shifts and increasing the accessibility of second-hand products across the country.
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Politics · The Punch ·
ADC deregistration bid fails legal requirements – INEC
The Independent National Electoral Commission has announced that the attempt to deregister the African Democratic Congress failed to meet necessary legal standards. This decision ensures the political party remains officially recognized under current Nigerian electoral laws, as the petition brought against its status did not satisfy the statutory conditions.
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Politics · The Punch ·
Adelabu meets Oyo APC executives, confident of victory
Minister of Power Adebayo Adelabu held a meeting with the Oyo State All Progressives Congress executive members to discuss party objectives. He expressed optimism regarding the party's prospects for victory in upcoming political contests. The engagement focused on strengthening internal unity and coordinating strategies for future electoral success within the state.
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Lifestyle · Vanguard ·Digital Benin brings heritage conversation to Lagos creative community
Digital Benin recently engaged members of the Lagos creative industry to discuss the documentation and digital preservation of cultural heritage. The initiative focuses on creating a comprehensive digital archive of Benin’s historical artifacts, providing a platform for artists and researchers to explore and interact with historical data.
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Politics · The Punch ·
Xenophobia row: Oshiomhole seeks ban on MTN, DSTV
Adams Oshiomhole has proposed a national ban on South African companies MTN and DSTV in response to ongoing xenophobic attacks against Nigerians in South Africa. The former political chairman suggested the move as a diplomatic measure to address the mistreatment of Nigerian citizens and businesses operating within the southern African nation.
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World · The Punch ·
Nigerian passport climbs global ranking, slips in visa-free access
The Nigerian passport has ascended in global rankings despite a recorded decrease in the number of countries offering visa-free access to its holders. This shift indicates an improvement in the document's international standing even as the specific travel privileges and ease of entry for citizens face a recent decline.
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Technology · Vanguard ·Stakeholders highlight co-location as key solution to Africa’s digital infrastructure challenges
Industry stakeholders have identified co-location as a vital strategy for addressing digital infrastructure deficits across Africa. By sharing facilities and resources, the approach aims to lower costs and accelerate the expansion of telecommunications networks, ultimately enhancing digital connectivity and overcoming existing technical challenges within the continent's growing technology sector.
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Politics · The Punch ·
Mass exodus: Obi, Kwankwaso exit rocks ADC, 18 lawmakers join NDC
Peter Obi and Rabiu Kwankwaso have exited the African Democratic Congress, causing a significant impact on the party's internal structure. In a simultaneous shift, eighteen lawmakers have defected to join the National Democratic Congress. These developments mark a major wave of realignments among high-profile politicians and legislators within the Nigerian political landscape.
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Education · The Punch ·
IG pushes Ogun police academy, 42 colleges accreditation
The Inspector General of Police is seeking formal accreditation for the police academy in Ogun State and forty-two other training colleges. This initiative aims to standardize academic certifications and enhance the quality of professional instruction provided across various Nigerian Police Force educational institutions nationwide.
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Business · The Punch ·
NNPC, Chinese firms’ deal will unlock refineries – Marketers
Nigerian oil marketers state that the partnership between the Nigerian National Petroleum Company Limited and Chinese firms will facilitate the rehabilitation and operationalization of domestic refineries. This collaboration is expected to enhance local production capacity and reduce the country's dependence on imported petroleum products to meet domestic energy requirements.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.