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Punch newspapers homepage - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics
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News
Atiku demands subsidy savings over ASUU strike threat
38+ min ago (884+ words) Former Vice President Atiku Abubakar has challenged President Bola Tinubu to account for the funds saved from the removal of fuel subsidy, following the renewed threat of industrial action by the Academic Staff Union of Universities. In a statement on…...
Abia PDP candidate promises tax relief, N90,000 wage
41+ min ago (1010+ words) The Peoples Democratic Party governorship candidate in Abia State, Dr Kelechi Anosike, has promised to abolish daily taxes imposed on wheelbarrow and truck pushers and introduce a welfare-oriented tax regime if elected governor in the 2027 election. Anosike also pledged to…...
Insurgency destroyed 5,000 schools, deprived 2.2m children of schooling – Zulum
40+ min ago (400+ words) Borno State Governor, Babagana Zulum Borno State Governor, Prof Babagana Zulum, has said more than 5,000 school structures were destroyed by over a decade of insurgency in the state. The governor disclosed this on Sunday during the inauguration of projects, including…...
The Dangote Refinery IPO
30+ min ago (1278+ words) THE Dangote Petroleum Refinery and Petrochemicals initial public offering is a test of whether Nigeria can convert one of its most consequential industrial investments into a broader instrument of wealth creation. This will also show how deep its capital market…...
Tackling the renewed inflation
30+ min ago (901+ words) Punch Newspapers Tackling the renewed inflation Prof. Sheriffdeen Tella (Lecturer, Department of Economics, Olabisi Onabanjo University) and David Adonri (Chief Executive Officer, High Cap Securities Limited) Kindly share this story: Every time we talk about the cost of living, we’re…...
Petrol subsidy return may cost Nigeria N19tn annually – CPPE
1+ hour, 4+ min ago (539+ words) The Centre for the Promotion of Private Enterprise has warned that a return to universal petrol subsidy could cost the government about N19.16tn annually. The think tank said such a huge expenditure would impose an enormous opportunity cost on Nigeria’s already…...
One arrested after Enugu building collapse kills squatter
26+ min ago (698+ words) The Enugu State Government has confirmed that the representative of the developer of a collapsed building in the Independent Layout area of Enugu has been handed over to the police for questioning. The building, which collapsed around 6am on Sunday, killed…...
Diezani: UK acquittal won’t end Nigeria’s probe, HEDA says
35+ min ago (487+ words) HEDA, in a statement on Sunday by its chairman, Olanrewaju Suraju, said the June 17 verdict of the Southwark Crown Court Jury should be respected but limited to the specific bribery charges prosecuted in the UK. The group said the verdict…...
Lagos turns to private sector to tackle 3.4m housing deficit
43+ min ago (585+ words) The Lagos State Government has said it will increasingly rely on structured public-private partnerships to tackle the state’s 3.4-million-unit housing deficit and infrastructure gap. The Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, disclosed this at the Julius Berger…...
States miss jobs, revenue from $700bn mineral wealth
54+ min ago (1191+ words) Dele Alake, Minister for Solid Minerals Development Nigeria’s 36 states and the Federal Capital Territory are sitting on vast deposits of solid minerals estimated at more than $700bn, yet most states have done little to turn the resources within their territories into…...