Wema Bank has won the Nigeria Bankers Game 2025 Grand Finale, taking the overall title for the fourth time in a row. The interbank sports event promotes staff wellness and industry bonding.
PUNCH
11 Dec 2025
Category: Economy & Business
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FG Unveils New Digital Tools for Maritime Operations
The Federal Government has launched the Nigerian Shippers’ Council’s Enterprise Content Management System to digitise document handling in the maritime sector. The Marine and Blue Economy Ministry says it will improve transparency and reduce bottlenecks.
PUNCH
11 Dec 2025
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JTB Begins Transition to New Tax Laws for 2026
The Joint Tax Board has begun aligning systems and guidelines with new tax laws taking effect in 2026, including rules for cashless transactions and digital payments. The JTB will support state tax authorities in the transition.
PUNCH
11 Dec 2025
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Minister: No Nigerian Firm Can Handle Deep Offshore Drilling Yet
Petroleum Minister of State (Oil) Heineken Lokpobiri says no Nigerian company currently has capacity for deep offshore drilling and warned against excluding IOCs under local-content rules. He called for collaboration between foreign and local operators in the mature oil sector.
PUNCH
11 Dec 2025
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FG Sets Up Panel to Drive Capital Gains Tax Implementation
The Federal Government has inaugurated a National Capital Gains Tax Implementation Committee to improve enforcement of CGT laws. Finance Minister Wale Edun says the move will boost non-oil revenues and plug leakages from asset sales.
PUNCH
11 Dec 2025
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FEC Approves New Bank of Industry HQ in Eko Atlantic
The Federal Executive Council has approved the design and construction of a new Bank of Industry headquarters at Eko Atlantic City, Lagos. Officials say the project will anchor BoI’s role as a development-finance institution.
PUNCH
10 Dec 2025
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CBN Strips Legacy BDCs That Failed New Licence Test
The CBN has confirmed that all legacy BDC operators that failed to meet new capital and governance requirements by 30 November 2025 have lost their licences. Only 82 BDCs have been relicensed under the tightened regime.
PUNCH
11 Dec 2025
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FG’s ₦4tn Power Bond to Be Captured in MTEF
The Federal Government says its ₦4tn power-sector liquidity bond will be fully reflected in the Medium-Term Expenditure Framework, increasing public debt but assuring investors of sovereign backing. The bond aims to clear long-standing debts to GenCos.
PUNCH
11 Dec 2025