The Federal Government has released N50 billion from the N200 billion Needs Assessment Fund (NAF) promised under its recent agreement with the Academic Staff Union of Universities (ASUU). The Minister of Education, Tunji Alausa, said additional N50 billion would be released soon, bringing the total disbursement to N100 billion. Meanwhile, former Deputy Vice-Chancellor (Academic) of […]
An interim investigation report into the alleged coup plot against President Bola Tinubu’s government has revealed that a clandestine network of military officers coordinated by an Army Colonel (name withheld) had planned the takeover, with funding, recruitment, and operational planning traced directly to him. The report, sighted by The PUNCH on Tuesday, indicated that the […]
President Bola Tinubu will depart Abuja on Monday for a state visit to the Republic of Türkiye. This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Sunday in Abuja. The visit is aimed at strengthening cordial relations between Nigeria and Türkiye and exploring cooperation in security, education, social development, innovation […]
The Anambra State Government has ordered the closure of Onitsha Main Market for one week following traders’ failure to open for business despite Governor Chukwuma Charles Soludo’s directive to disregard the Monday sit-at-home order linked to the Indigenous People of Biafra (IPOB). The shutdown, announced on Monday, comes amid growing concerns over the economic impact […]
Operatives of the National Drug Law Enforcement Agency (NDLEA) at the Nnamdi Azikiwe International Airport, Abuja, have arrested a 30-year-old Brazilian woman, Ms Ingrid Rosa Benevides, for attempting to bring into Nigeria 30.09 kilogrammes of white heroin concealed in factory-sealed coffee packs, valued at over N3 billion. The suspect, who works as a private security […]
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that Nigerian workers are beginning to receive higher take-home pay following a reduction in Pay As You Earn (deductions under the newly implemented tax laws. Oyedele disclosed this in a post on X on Monday, citing feedback from employees who […]
The Anambra State government’s recent ban on the Monday sit-at-home order of the Indigenous People of Biafra (IPOB) has elicited tension in the state. The unease is not unconnected to some residents’ sympathy for the proscribed group’s “civil disobedience”, coupled with IPOB’s pushback against the government’s directive. The state government, following an executive retreat held […]
Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid meters must be free for all categories of customers. Operators, who spoke with our correspondent anonymously due to the sensitivity of the matter, said the minister made only a political statement without considering the input of other […]
The former National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, has returned to Nigeria from London, ahead of the Governor Abba Yusuf of Kano State defection to the party in the state. In a statement by his Chief of Staff, Muhammad Garba, Dr. Ganduje arrived in Abuja aboard a British Airways […]
The Debt Management Office (DMO) is targeting to raise N900 billion from the January 2026 Federal Government of Nigeria (FGN) bond auction. The DMO is offering a combined N900 billion across three reopened instruments. This auction provides investors with an opportunity to access secure, medium-to-long-term fixed-income investments backed by the full faith and credit of […]
