…job the company created directly, it supported an additional 53 jobs elsewhere in the economy, reflecting the multiplier effect of its operations and supply chain activities.See more Punch stories on Google.Add Punch on Google It also disclosed that the company spent about $601m annually on goods and services sourced f…
…power, which will translate to reduced industrial inventory and other benefits to the economy. But there was no word from the president on this issue. Maybe because he had been away from the country in the last three weeks. But if it was really the working vacation we were told it was, it means the president was gettin…
…like Striking when they want to strike It appears that nobody cares About the island economy I tell you.” He crooned that what was going on was anarchism: “No gas today, no phone tomorrow What next I don’t know No drain digging, no rubbish cleaning Only corbeaux working The island as you see suffering politically Becau…
…Speaking on the overarching theme of the fair, “Resilience: Trade, Taxation and the Economy,” the NDIC boss emphasised that safeguarding individual savings and ensuring a stable banking climate are fundamental to achieving the Federal Government’s target of a $1tn economy by 2030. Addressing participants and key busine…
…changed in Nigeria since the Tinubu administration came into office in 2023. “Nigeria’s economy recorded improved real GDP growth in the second quarter of 2026, compared with the corresponding quarter of 2025. “(Nigeria’s economy recorded 4.43 per cent real GDP growth in the second quarter of 2026, compared with 4.23 p…
…withdrew any suggestion that the Minister of Finance and Coordinating Minister of the Economy should take disciplinary action against Omosehin based on its earlier petition."We therefore retract, without reservation, every demand for the immediate resignation or suspension of the Commissioner for Insurance," CGGN state…
…with the state. While highlighting the President’s efforts towards strengthening the economy, infrastructure and investment environment, the governor stressed the positive implications for the state, particularly initiatives such as the Lagos-Calabar Coastal Road and the proposed Deep-Sea Port, among others. According…
Singapore's Ministry of Manpower published a list of institutions whose foreign students are eligible to work during vacations without applying for a work passStudents must hold a valid Student's Pass issued by the Immigration and Checkpoints Authority and be at least 14 years old to qualifyThe list covers 58 instituti…
The Parliamentary Support Network and a civil society organisation applauded NAICOM Commissioner Olusegun Omosehin at a press conference in Abuja on ThursdayThe groups said the Nigerian insurance sector is undergoing a positive revolution since President Tinubu signed NIIRA 2025 into lawThe network acknowledged dispute…
…of Nigerians, particularly youths, and should be formally integrated into the Nigerian economy. “We want the Federal Government to come in and formalise the sector and collaborate with us. The government should also provide intervention funds to scrap traders so that indigenous Nigerians can establish companies similar…
…Akinmade: $10bn investment puts Ogun, NNPC partnership, project at centre of coastal economy
…recorded remarkable progress across all sectors, including education, security, sports, economy, and infrastructure. He appreciated the people of Oyo for their cooperation and support, which he said has enabled the government to achieve its set goals. “Since 2019, when this administration was elected, we have achieved…
…saying the Federal Government continues to pursue reforms intended to strengthen the economy, expand opportunities and lay foundations for a more resilient and prosperous nation. She said Nigerians should continue to hope for the successful translation of those efforts into greater relief, opportunity and improved qual…
…government would concentrate on some of the country’s major challenges, particularly the economy, insecurity and education. According to him, addressing corruption would be critical to achieving progress because resources meant for public development were allegedly being diverted into private hands. “We must deal with…
Wicknell Chivayo and his wife Lucy Muteke were among six people on board a helicopter that went down in Marondera, ZimbabweThe aircraft crashed at Kudenga Farm about 40 minutes after take-off from Gandami in Chikomba district on WednesdayKenya's President William Ruto paid tribute to Chivayo as a 'dear friend' followin…
A loved-up video of singer Lojay and Davido's cousin Folashade Adeleke grooving to his new song caught widespread attention onlineChioma Adeleke jumped into the comments, addressing Davido's cousin by her first name, which sparked debate among fansA netizen called out Chioma over her comment, saying she should show mor…
…a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's telecoms sector is gaining a new operator after Swift Telephone Network Limited (STN) received a Unified Access Service Licence (UASL) from the federal government, giving it the au…
…years what accumulated over generations. But we can change its course. We can build an economy that steadily lifts people out of poverty while ensuring that those who remain vulnerable are not abandoned along the way,” he said. The President said this was why his administration was strengthening direct support for the…
…through reforms, despite the hardship they initially caused. He likened the Nigerian economy before the reforms to a patient diagnosed with cancer, saying previous administrations had treated the symptoms rather than addressing the underlying problems. “By 2023, poverty was rising, and hope was nearly gone. The country…
…of addictive subsidies”, saying the reforms were necessary to confront weaknesses in the economy. “Our reforms did not create the weaknesses in our economy. They confronted them,” he said. “Now, as certain influential but regressive voices would have us abandon the treatment and return ourselves to the abuse of addicti…
…to collect and reconcile payments, and the promise of a truly connected African economy seemed distant. Interswitch emerged as a bold response: to build the rails that would move value as seamlessly and reliably as information travels across a network. At the heart of that decision was not technology for its own sake,…
…reforms introduced by his administration did not create the weaknesses in Nigeria’s economy but were aimed at confronting longstanding structural problems. Tinubu stated this in his Independence Day address to Nigerians on Thursday, October 1, 2026, as the country marked its 66th anniversary. The President said Nigeria…
…at the end of July. He also pointed to developments in the energy sector, digital economy, investment and social protection as indications of a movement from economic stabilisation towards structural transformation. Yilwatda said the focus should now be on translating economic gains into improved household incomes, emp…
…in the hands of a few technology companies. He said Nigeria’s rapidly expanding digital economy had created huge opportunities in communication, commerce, education and civic participation. According to him, the opportunities were being threatened by incidents in which sensitive personal and financial information was e…
An old video of Apostle Arome Osayi sharing a claimed encounter with Jesus on a Tanzanian beach resurfaced amid his ongoing feud with VDMIn the clip, Osayi described asking Jesus for the power to raise the dead and reverse autism, and the response he says he receivedThe video has sparked a wave of reactions from Nigeri…