News

According to Punch, President Bola Tinubu has directed the National Identity Management Commission to push national identification enrolment to 95 per cent of the population by December 2026. The administration says enrolment has risen to roughly 142 million people and that the next phase will…

In an update published by Punch, the Federal Government raised N748.64 billion at its September 2026 domestic bond auction as investors placed strong bids for a new 10-year bond and a reopened 15-year instrument.…

Figures cited by Punch show that the Nigerian Exchange extended its advance to a fifth straight session on Wednesday, with market capitalisation increasing by N316 billion to N158.715 trillion. The All-Share Index rose 0.20 per cent to 244,791.79 points.…

According to Punch, Nigeria’s LPG market came under pressure from international supply disruptions linked to the Iran conflict, with demand falling nearly 23 per cent in June to a seven-month low. The report, based on Argus analysis and Nigerian regulatory data, said domestic production also…

According to Punch, Abbey Mortgage Bank has disclosed five significant shareholders following a private placement involving 26.56 billion ordinary shares issued at N2.43 each. The disclosure followed a notice to the Nigerian Exchange and the investing public.…

Reporting by Punch indicates that the Nigeria Customs Service intercepted 56 containers of prohibited goods at the Port Harcourt II Area Command in Onne, with a stated duty-paid value of N5.53 billion.…

According to Daily Post, the Nigeria Labour Congress has renewed its call for government intervention as petrol prices moved above N1,400 per litre in parts of the country. The union argued that workers and households need measures to cushion the effect of higher transport and…

In an update published by Punch, the Federal Government has suspended the planned concession of King’s College, Lagos, for two weeks after protests by education-sector labour unions. The government also ordered the withdrawal of police personnel deployed to the school.…

According to Punch, the Federal Government has commissioned a 3MW solar hybrid power project at Yakubu Gowon University in Abuja under the second phase of the Energising Education Programme.…

Reporting by Punch indicates that Budget and Economic Planning Minister Abubakar Bagudu acknowledged that the government’s economic reforms have contributed to cost-of-living pressures while arguing that the measures are intended to strengthen public finances and support longer-term growth.…