News

Minister of Interior, Olubunmi Tunji-Ojo, says the federal government is considering relocating some correctional facilities from their present locations in urban areas. He said this was because urbanisation has eaten deep into the setbacks that […]

NGX Regulation, the regulatory arm of the NGX Group, has suspended trading in the shares of eight companies for default in filing their relevant accounts for 2023. In a market bulletin on Monday, the Head […]

The naira depreciated at both the official and parallel markets on Monday. At the official, Nigerian Autonomous Foreign Exchange Market, the naira dropped to 1,523.85 per dollar, depreciation from the previous close of 1,509.67 to […]

A high court in Rivers state has issued an interim order restraining Simone Chibuzor-Amadi, chief judge of Rivers state, from acting on any resolution or document seeking the impeachment of Siminalayi Fubara, governor of the […]

The Federal Government, on Monday, announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising inflation which had impoverished many Nigerians. The government also expressed its decision to […]

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, […]

ABUJA – THE Federal Government said yesterday no fewer than 21 local government areas in 10 states and the Federal Capital Territory, FCT, have been submerged by flood as a result of torrential rainfall in […]

Rishi Sunak, outgoing prime minister of the UK, has apologised to the Conservative Party after Labour won the general election by a landslide. Sunak conceded defeat as the networks called the election for Keir Starmer […]

The Nigerian Civil Aviation Authority (NCAA) says 10 private jet operators have been suspended over failure to undergo a recertification process. On March 14, the NCAA threatened to revoke the operating licences of private jet […]

Legislative Agenda: How has the House fared? To properly assess the 10th House of Representatives at the end of its first year, it may be helpful to use the legislative agenda it adopted in November, […]

Speaking on Monday, Meta said the features — which include Facebook in-stream ads and Facebook ads on reels — will allow creators to earn money for creating original videos and building communities. Meta said starting […]

As Premium Motor Spirit also known as petrol from the Dangote Petrochemical Refinery hits the local market in two to three weeks, petroleum marketers have expressed the fear that the product’s price may be higher […]

LAGOS — A drastic drop in vessel calls into the nation’s ports has plunged operations in the maritime sector into a major crisis as businesses continue to nosedive, following the forex crisis and inflation currently […]

Individuals seeking to get admitted to the Nigerian Open University of Nigeria and other open distance learning centres are now mandated to register via the Joint Admissions and Matriculations Board, The PUNCH gathered on Monday. […]

LAGOS—The maid of the former Chief Executive Officer of Nigerian e-commerce giant, Konga, the late Nick Imudia (names withheld), has disclosed the last conversation she had with her boss before news of his death was […]

The dollar rose Tuesday and Asia equities were mixed as investors weighed the possibility of another Donald Trump presidency after last week’s poor debate performance by incumbent Joe Biden. Speculation about a second term for […]

The Managing Director, ExxonMobil Nigeria, Shane Harris, has declared that the oil major is not leaving Nigeria as claimed in some quarters, particularly after the oil firm’s proposed divestment of a 100 per cent interest […]