Business

NBS: Nigeria’s GDP rate grew by 3.13% in Q1 2025 after rebasing

Vincent Afolabi 21 July 2025 0

The National Bureau of Statistics (NBS) says Nigeria’s economy grew by 3.13 percent in the first quarter (Q1) of 2025, up from 2.27 percent recorded in the same period last year. In a statement released on Monday, the NBS said the growth was largely driven by the services sector, which recorded

Business

Air Peace to launch direct Abuja–London flights to Heathrow, Gatwick on October 26

Vincent Afolabi 20 July 2025 0

Air Peace says it will begin direct flights from Abuja to London’s Heathrow and Gatwick airports on October 26, 2025 — becoming the first Nigerian airline to operate such routes from the nation’s capital. In a statement released over the weekend, the airline said the flights would be operated with its Boeing 777 aircraft, and […]

Politics

APC slams ADC over criticism of Buhari’s state burial, calls it ‘insensitive’

Vincent Afolabi 19 July 2025 0

The All Progressives Congress (APC) has described the African Democratic Congress (ADC) as insensitive and desperate for attention following its criticism of President Bola Tinubu’s handling of former President Muhammadu Buhari’s state burial. In a statement on Saturday, Felix Morka, APC’s national publicity secretary, said the ADC’s remarks were not only ill-timed but

Politics

‘Court backed me’ — Natasha insists on senate resumption despite Akpabio’s appeal

Vincent Afolabi 19 July 2025 0

Senator Natasha Akpoti-Uduaghan says she will resume plenary on Tuesday, July 22, in line with a court ruling, despite an appeal filed by Senate President Godswill Akpabio challenging the decision. The Kogi Central lawmaker, who was suspended in March over allegations of misconduct, told The PUNCH during a constituency programme on Saturday that she had […]

News

Kaduna police warn against Peter Obi birthday rally, citing security threat

Vincent Afolabi 19 July 2025 0

The Kaduna police command has warned supporters of Peter Obi, the former Labour Party presidential candidate, against proceeding with a birthday rally in his honour. The caution follows intelligence reports suggesting that criminal elements are planning to hijack the event to cause chaos and disrupt public peace. Mansir Hassan, spokesperson of the command, issued the […]

Agriculture

Uba Sani targets 100,000 Kaduna farmers with free fertiliser, crop insurance

Vincent Afolabi 19 July 2025 0

Governor Uba Sani has inaugurated a multi-stakeholder committee to oversee the distribution of over 300 truckloads of fertiliser to 100,000 farmers across Kaduna State. The move, according to the state government, is part of a broader strategy aimed at enhancing food security, supporting rural livelihoods, and strengthening the agricultural value chain. In a statement on

News

FAAC shares N1.82trn to FG, states, LGs for June — up by N170bn

Vincent Afolabi 19 July 2025 0

The Federation Account Allocation Committee (FAAC) says it disbursed N1.82 trillion to the federal, state, and local governments as allocation for June 2025 — an increase of N170 billion from the N1.65 trillion shared in May. The announcement was contained in a statement signed by Bawa Mokwa, director of press at the Office of the […]

Business

Tinubu appoints Babangida’s son as chairman of Bank of Agriculture

Vincent Afolabi 18 July 2025 0

President Bola Tinubu has appointed Muhammad Babangida, son of former military president Ibrahim Babangida, as chairman of the newly revamped Bank of Agriculture. The announcement was made by Bayo Onanuga, special adviser to the president on information and strategy, on Friday. According to Onanuga, Muhammad Babangida, 53, holds a bachelor’s degree in business

Business

Dangote Suspends Petrol Discount as Partners Undercut Prices

Vincent Afolabi 18 July 2025 0

The Dangote Petroleum Refinery has announced the suspension of its discounted pricing scheme for strategic partners, citing abuse of the initiative and threats to its refinery operations. In a notice dated July 13, 2025, seen by Daily Times and signed by Fatima Dangote, group executive director for commercial operations, the company said the suspension takes […]

Climate

FG Issues Flood Warning for 11 States As Rains Intensify

Vincent Afolabi 18 July 2025 0

The federal government has issued a fresh flood alert, warning that at least 11 states are likely to experience heavy flooding between July 16 and 20. Usman Bokani, director of the National Flood Early Warning Centre at the federal ministry of environment, raised the alarm in a flood prediction notice issued on Wednesday. According to […]

Business

Tinubu Approves N150bn South-East Investment Company

Vincent Afolabi 18 July 2025 0

President Bola Tinubu has approved the establishment of the South-East Investment Company (SEIC), a N150 billion investment vehicle designed to fast-track industrialisation and unlock private capital for transformative projects in the South-East. The new initiative will operate as a subsidiary under the South-East Development Commission (SEDC) and is expected to mobilise

News

Street Renaming: PDP accuses Lagos govt of stirring ethnic tension, rejects move

Vincent Afolabi 1 July 2025 0

The Lagos state chapter of the Peoples Democratic Party (PDP) has cautioned the state government against actions capable of fuelling ethnic tension, warning that the recent renaming of some streets could undermine unity in the state. The party specifically condemned the renaming of the popular Charly Boy Street in Bariga, which was recently changed to […]