30 results
- 16 May 2015
Ex-Governors Have N172Bn Cases of Fraud- Punch
Saturday Punch has revealed that over N172 billion fraud cases are pending against some senators-elect who were formerly governors. Over 15 ex-governors won senate seats in the March 28 election with…
- 21 Jun 2022
Telcos May Cough out N720Bn to Power Services- Punch
The cost of powering telecommunication services could hit N60bn per month and N720bn in one year if the cost of diesel reaches N1500/litre as hinted by marketers of the product. The Punch quoting…
- 16 Sept 2024
NCC, ALTON, MainOne Back Oketola's Book on Tech Evolution
Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, has confirmed his participation as the immediate past Editor of The PUNCH, Dayo…
- 22 Jan 2023
Buhari Government Rakes in N11.5 Trillion from Firms as Taxes – Report
Federal government has raked in N11.5tn from taxes paid by business organisations under the administration of President Muhammadu Buhari, according to findings by The Punch Newspaper. Data sourced…
- 7 Apr 2015
Gbajabiamila, Ogor, Dogara Top Aspirants for Speakership
The tussle for the Speaker of the 8th House of Representatives has thrown up three notable lawmakers for the post that will be vacated in June by Aminu Tambuwal. The Punch reported that the lawmakers…
- 27 Apr 2012
What went Wrong with Stanbic IBTC Esusu Services?
On April 22, it was reported by one of Nigerian dailies, The Punch newspaper that some customers of STANBIC IBTC were allegedly defrauded as active customers of the Bank enrolled for the…
- 2 May 2015
Women to Watch in GMB’s Govt
The outgoing administration of President Goodluck Jonathan boasts of an array of influential women, who command much respect even among their male counterparts, according to the Punch. Apart…
- 27 Mar 2015
D. Day as 56m Nigerians Choose between GEJ and GMB
No fewer than 56 million Nigerians will file out today to elect the next president in an election believed to be the keenest in the history of the country, according to Punch newspapers. The figure…
- 16 Jan 2022
FG Shelves Enforcement Social Media Platforms Registration
Federal Government has shelved plans to force international social network services and digital platforms to register and open offices in Nigeria. According to the Punch government’s move to ensure…
- 4 Jul 2015
Uproar as Buhari favours Northerners with Appointments
Nigerians especially those from the Southern part of the country on Friday, expressed concern over the appointments made so far by President Muhammadu Buhari, according to the Punch. They said the…
- 10 Aug 2022
FG Borrows N2.45Trillion from CBN by Ways and Means Advances
Federal government’s total borrowing from the Central Bank of Nigeria (CBN) through Ways and Means Advances rose from N17.46tn in December 2021 to N19.91tn in June 2022. The Punch quoted data from…
- 14 Aug 2019
FG May Pay ‘Failed Investors’ N736Bn to Repossess Discos
Federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. According to the Punch, this…
- 28 Jul 2019
Foreign Portfolio Investors Withdraw N1.87tn under Buhari
Foreign portfolio investors(FPIs) have withdrawn a total of N1.87tn in four years, starting from June 2015, after President Muhammadu Buhari was sworn into office, according to the Punch. The…
- 31 Dec 2013
Foreign Reserves Drop to $43Bn
Nigeria’s foreign reserves have dropped to $43.7billion, one week after falling to $43.9 billion, according to the latest figures from the Central Bank of Nigeria. The Punch reported that on December…
- 2 Jul 2017
Fraudsters Steal N16.5Bn from Nigerian Banks
Nigerian banks lost some N16.5 billion in 31,736 fraud cases between January 2014 and December 2016, according to Punch which quoted figures it obtained from the Central Bank of Nigeria (CBN). The…
- 3 Sept 2015
Niger Arrests Nigerian with N1Bn Cash
The police in Niger Republic have arrested a Nigerian carrying 4.6 million Euros (N1.05 billon) in cash, according to a report by Punch newspapers. The man was reportedly arrested at the Diori Hamani…
- 12 Dec 2014
Buhari, Jonathan Race for Soul of Nigeria
It’s now official. Maj. Gen. Muhammadu Buhari(retd.) is the All Progressives Congress presidential candidate for the February 2015 election. According to Punch, he defeated four other APC aspirants…
- 25 Mar 2017
FXTM Comments: Markets Tense Ahead of Delayed Healthcare Vote
FXTM Research Analyst Lukman Otunuga comments on in times of unease, Gold remains a trader’s best friend and such was displayed on Thursday when the metal punched above $1253. The mounting…
- 10 Sept 2015
DSS Screens Buhari’s Ministerial Nominees
Department of State Services (DSS) has reportedly commenced the screening of ministerial nominees sent to it by President Muhammadu Buhari, according to Punch Newspapers. It was gathered that no…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 18 Oct 2015
FG May Slash Import Tariff on Cars
Reprieve appears underway for car dealers and buyers following plans by the Federal Government to review its import tariff on vehicles, according to Punch newspapers This is expected to bring down…
- 19 Jun 2015
Fresh Crisis in APC over Key Posts in Senate
The sharing of principal offices in the Senate appears to be creating a fresh crisis in the ruling All Progressives Congress (APC). According to the Punch, the principal offices are the Senate…
- 18 Jun 2016
Forex Crisis: Nigerian Students Abroad Apply to Home Universities
Many Nigerian students studying abroad have been seeking transfer to Nigerian universities to complete their education at home because of the scarcity of foreign exchange. Punch reported that the…
- 9 Oct 2015
Buhari Rules Out Second Term for Lamorde, EFCC Boss
President Muhammadu Buhari may have ruled out a second term for Mr. Ibrahim Lamorde, chairman of the Economic and Financial Crimes Commission (EFCC), according to a report by the Punch. Former…
- 2 Jun 2016
Ecobank Nigeria Sacks 1,040 Workers
The gale of job losses being witnessed in the country due to the current economic hardship has caught up with Ecobank Nigeria, which has sacked over 1,040 of its employees, the Punch has reported.…
- 14 Sept 2015
Five Nigerians Get CNN/MultiChoice African Journalist Awards Nomination
The independent judging panel of the 2015 CNN MultiChoice African Journalist Awards has named five Nigerians among the nominees for this year’s awards. The nominees from Nigeria are Femi Asu, Punch…
- 1 Nov 2016
Skye Bank Sacks 50 More Workers
About four months after it disengaged about 200 of its workers, Skye Bank Plc has retrenched about 50 members of staff, including those in outsourced and auxiliary functions, according to the Punch.…
- 31 Dec 2015
MTN Ignores FG’s Directive to Pay N780Bn Fine
Management of MTN says it will not pay the N780 billion fine imposed on it by the Nigerian Communications Commission (NCC), according to the Punch. The telecommunications firm made its position known…
- 21 Apr 2019
FIRS Tightens Control after N2.1Bn Allegedly Developed Wings
Federal Inland Revenue Service (FIRS) has tightened its expenditure control mechanism after N2.1bn allegedly developed wings from the organisation. Punch reported that a top official of the…
- 22 May 2016
Mass Sack Looms at NIPOST
There are indications that some senior managers of the Nigerian Postal System (NIPOST) will soon lose their jobs in a restructuring exercise aimed at repositioning the agency, according to the Punch.…