News

The new Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Oluyinka Olumide, has said transparency in the built sector and zero tolerance for building collapse would be a central focus of the […]

Despite their operational inefficiencies, both Lagos and Abuja international airports were for the umpteenth time ranked among some of the most expensive airports in Africa. The oddly familiar rating, which was reechoed by the International […]

Poor management of the Transmission Company of Nigeria (TCN), especially the national electricity grid, where over $7.5 billion has been invested in the last 10 years, yesterday, led to the collapse of the system, bringing […]

Poor consumer spending, local consumption and weakening sales and low consumption are currently reducing the chances of survival and shrinking the profit margin of companies in the fast-moving consumer goods (FMCG) sector, with experts calling […]

The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters. NERC made the announcement on Tuesday in a circular marked NERC/2023/020, and jointly signed by Sanusi Garba, the […]

The Presidential Election Petition Court has affirmed Bola Tinubu as the validly elected President of Nigeria. Haruna Tsammani, the head of the five-member panel of the court who delivered the lead judgement, made the pronouncement […]

The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the price of prepaid electricity meters in the country. This is contained in a NERC ‘order’ signed on Tuesday by its Chairman, Mr Sanusi […]

President Bola Tinubu, on Wednesday assured Nigerians of his renewed and energized focus on delivering his vision of a unified, peaceful and prosperous nation, following the judgment by the Presidential Election Petition Court in Abuja. […]

While the first day of warning strike called by the Nigeria Labour Congress (NLC) achieved partial success in some states of the federation, expectations that the commercial capital of the country would be grounded failed […]

There are indications that the Federal Government may have returned subsidy payment on Premium Motor Spirit (PMS), using the supposed commercialised Nigerian National Petroleum Company Limited to manage the market shocks and maintain monopoly of […]

Exactly 193 days after the February 25th presidential election, all eyes will today be trained on the judiciary as Presidential Election Petition Court (PEPC) delivers its ruling in the much-anticipated case against the election victory […]

Gabonese army officers under the aegis of the Committee for the Transition and Restoration of Institutions on Wednesday morning announced on national television why they are taking over power from President Ali Bongo in the […]

Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Although The PUNCH gathered that queues […]

Swedish technology firm, Ericsson, has reaffirmed its commitment to Africa by concluding its leadership-led delegation engagement with key partners, customers, country stakeholders and industry leaders in Nigeria. Ericsson said it was ready to harness the […]

Agusto & Co, a leading rating agency, said the banking industry’s loan book rose by 27 per cent in the 2022 financial year, a feat spurred by increased activities at the differentiated cash reserve requirement […]

Lagos State Deputy Governor, Obafemi Hamzat, has been decorated as an ambassador of the University of Ibadan (UI). The investiture took place, yesterday, during a courtesy call to Hamzat by a delegation from the institution […]

Bureau de Change (BDC) operators may be on a collision course with the Central Bank of Nigeria (CBN) over market infractions, market intelligence suggests. Already, there is an engagement between the regulator and the Association […]

Army officers have appeared on national television in Gabon on Wednesday to announce they have taken over power in the West African country, BBC reports. They said they were annulling the results of Saturday’s election, […]

President Ahmed Tinubu has said he cannot give order to state governors on how to distribute the palliatives the Federal Government is giving to states to cushion the effects of removal of fuel subsidy. The […]