NEWS
Nigeria’s Electronic Transactions Surge To N1.08qd In 2024, Up 79%
Nigeria's electronic transaction value hit a record high of N1.08 quadrillion in 2024, up 79 percent from the previous year. This is according to the latest data from the Nigeria Inter-Bank Settlement System on NIBSS Instant Payments. NIBSS Instant Payments is an account-number-based, online, real-time interbank payment solution developed in 2011 by NIBSS. It guarantees instant value to the beneficiary. An analysis...
Reps Refute Bribery Allegations Amid Budget Approval Process
The House of Representatives has rejected allegations that certain federal lawmakers bribed federal university vice chancellors to approve their 2025 budget requests, calling the report inaccurate and deceptive. In a statement issued on Wednesday, the spokesman for the House, Akin Rotimi, said the publication (not by The PUNCH) was a deliberate attempt to tarnish the reputation of the legislature. “The 10th...
NAF Pledges Strong Action Against Criminals In Ungoverned Areas
Air Marshal Hasan Abubakar, the Chief of Air Staff, has reaffirmed the Nigerian Air Force's dedication to national security and promised to prosecute those who operate in uncontrolled areas throughout the nation. Speaking at the 2025 Administration and Personnel Seminar in Abuja on Wednesday, Abubakar declared that the Air Force’s operations will ensure that those who take up arms against...
ECOWAS Ensures Open Borders For Mali, Burkina Faso, Niger Despite Exit
The Economic Community of West African States (ECOWAS) has declared that businesses and citizens of Burkina Faso, Mali, and Niger will continue to benefit from important privileges like passport recognition, trade benefits, and visa-free travel, even after the three nations formally withdrew from the organization. In a statement issued on Wednesday, ECOWAS emphasized its commitment to regional unity, urging authorities...
Chief Kelvin Jombo Onumah Celebrates Chief Chukwuemeka Wogu On His Birthday
The MD/CEO of Sublime Industries Ltd, Chief Kelvin Jombo Onumah, has extended warm birthday wishes to Chief Chukwuemeka Wogu, celebrating his remarkable contributions to leadership and national development. In his congratulatory message, Chief Onumah praised Chief Wogu for his unwavering dedication to excellence, describing him as a visionary leader whose impact continues to inspire progress. "As you mark this special milestone,...
African Cocoa Farmers Seek Solutions To Industry Challenges
The Cocoa Farmers Alliance Association of Africa has urged the Ghana Cocoa Board's new CEO, Randy Abbey, to address the ever-changing issues facing the cocoa sector. In a congratulatory statement on the appointment of the Chief Executive Officer on Wednesday, the president of COFAA, Adeola Adegoke, said Abbey’s appointment is coming at a pivotal time when the cocoa industry faces...
Kogi Bans Unions From Collecting Daily Revenue
The Kogi State Government has prohibited trade unions from collecting daily taxes in each of the state's twenty-one local government districts. Governor Usman Ododo, represented by the Commissioner for Information, Kingsley Fanwo, announced the decision on Wednesday at a stakeholders meeting in Kogi State, stating that the government would continue to support individuals and groups in ways that contribute to...
Bluefern Pledges To Simplify Pathway For Immigration
Bluefern Immigration Services has stated that it is confident in its ability to efficiently and easily assist individuals and families in navigating the Canadian immigration process. Making this disclosure in a statement on Tuesday, the company described Canada as a highly sought-after destination for immigrants, citing its thriving economy, renowned education system, and welcoming society. However, it noted that navigating the...
“Nigeria’s Real Estate To Hit $2.25tn In 2025” – FG
The Minister of Housing and Urban Development, Ahmed Dangiwa, has encouraged international investors to take advantage of the numerous opportunities in Nigeria's housing market. This is according to a statement on Tuesday by the Special Assistant Media and Strategy to the Minister, Mark Chieshe. In a panel discussion, Dangiwa highlighted the significant growth prospects in Nigeria’s real estate market, citing the...
Kogi Votes N4bn For Malaria Prevention
The Kogi State Government will invest more than ₦4 billion in preventing malaria throughout the state's healthcare system. Governor Ahmed Ododo made this known at the unveiling of a malaria prevention campaign to combat the prevalence of malaria with the distribution of free drugs and test kits across healthcare facilities in the state. This was contained in a statement issued on...
