Subsidy was never Nigeria’s problem
An opinion piece arguing that Nigeria’s fuel subsidy was not the core economic issue, citing low tax revenue and comparing historical growth data. Read More: https://punchng.com/subsidy-was-never-nigerias-problem/
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business
Nestlé Nigeria seeks SEC, FCCPC approval for waters business transfer to Peranel JV
Nestlé Nigeria Plc is seeking regulatory and shareholder approval for the proposed transfer of its waters and premium beverages business to Peranel, a 50:50 joint venture between its parent company, Nestlé S.A., and global investment firm Platinum Equity. The post Nestlé Nigeria ...
business
Breet makes case for simpler crypto payments at Moonshot
Making cryptocurrency payments easier to use is as much a challenge as building the infrastructure behind them, Breet chief operating officer Vivian Mbene told Moonshot by TechCabal in Lagos on Wednesday. Mbene said the company’s biggest task was making a complicated product appe...
News
Utomi targets N500/$ exchange rate, projects 50% drop in food prices
Political economist and Nigeria Democratic Congress (NDC) chieftain Professor Pat Utomi has proposed strengthening the naira to N500 per dollar, projecting that the exchange rate target, alongside infrastructure investment and structural reforms, could cut the prices of several s...
business
Africa needs cheaper AI to reap economic gains, says Enzi’s Udezue
Africa’s ability to benefit from artificial intelligence will depend on bringing down the cost of using it, Oji Udezue, president of Enzi, told Moonshot by TechCabal in Lagos. Udezue said reducing the cost of inference, the process through which AI models generate responses and p...
parks
Star guests and two thrilling matches: What to expect from the 1xCup 2026 final
For over three months, 100 clubs from Lagos have been competing for the 1xCup 2026 title, a share of the N20 million prize pool, and the attention of scouts from professional clubs. The climax of Nigeria’s premier grassroots tournament is fast approaching. On October 31, the Insp...
safety
Ibadan: Goods, household items destroyed as fire ravages Gbaji market
Goods and household items worth millions of naira have been destroyed as a result of fire that ravaged some shops in Gbaji market in Ibadan, the Oyo State capital. Our correspondent reports that Gbaji market is located along the Ibadan/ Ife Expressway. The incident occurred Thurs...
government
LASERC establishes panels to resolve electricity complaints in Lagos
The Lagos State Electricity Regulatory Commission (LASERC) has established Electricity Complaints Resolution Panels to address unresolved disputes between electricity consumers and service providers across Lagos State. The post LASERC establishes panels to resolve electricity com...
News
10 phones with biggest battery specs in Nigeria
By Prince Osuagwu The life of a Nigerian phone user is funny. With power cuts and long days on the road, battery life is no longer just a specification on a phone’s spec sheet, it is peace of mind. This is because, a dead phone can mean missed calls, stranded commutes and lost wo...
government
Obi faults Tinubu campaign posture, questions capacity to govern
Peter Obi has faulted President Tinubu’s campaign posture for the 2027 election, questioning his energy and competence to govern Nigeria during a summit. Read More: https://punchng.com/obi-faults-tinubu-campaign-posture-questions-capacity-to-govern/...
News
Seven modular refineries to begin operations in 2027
Seven new modular refineries with a combined capacity of 83,000 barrels per day are projected to commence operations in Nigeria next year, says Argus Media Read More: https://punchng.com/seven-modular-refineries-to-begin-operations-in-2027/...
Local
Residents groan over deplorable Lagos community road, seek repair
Residents of Olaoluwa Community in Lagos lament their deplorable community road, which has been in disrepair for over 30 years, causing hardship and danger Read More: https://punchng.com/residents-groan-over-deplorable-lagos-community-road-seek-repair/...
News
Insecurity: Army deploys new battalion, artillery regiment to Kano
The Nigerian Army has deployed a new battalion and an artillery regiment to Kano State to strengthen security and improve its response to emerging threats. Read More: https://punchng.com/insecurity-army-deploys-new-battalion-artillery-regiment-to-kano-2/...