Naija News Feed
News & Politics
FG opens $1bn AfCFTA fund for exporters
The Federal Government has launched a $1bn AfCFTA Adjustment Fund Credit Facility to boost Nigerian businesses’ production and competitiveness in intra-Afr Read More: https://punchng.com/fg-opens-1bn-afcfta-fund-for-exporters/
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Africa faces $59bn debt strain, W’Bank warns
Sub-Saharan Africa faces a $59bn debt strain in 2025, with rising external debt service pressures and geopolitical shocks clouding its economic outlook, th Read More: https://punchng.com/africa-faces-59bn-debt-strain-wbank-warns/
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Nigeria loses $850m yearly from weak digital identity —NiRA
Nigeria loses $850m annually due to weak digital identity adoption, says NiRA. Learn how strengthening .ng domain use can boost economic and data sovereign Read More: https://punchng.com/nigeria-loses-850m-yearly-from-weak-digital-identity-nira/
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Nigeria’s foreign debt to hit $72.6bn after 2027 polls – IMF
The IMF projects Nigeria’s public external debt will reach $72.6bn by 2027, raising concerns about the country’s growing debt burden and fiscal stability. Read More: https://punchng.com/nigerias-foreign-debt-to-hit-72-6bn-after-2027-polls-imf/
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Living at the mercy of kidnappers, bandits
Nigerians live in fear of kidnappers and bandits. This article explores the causes, devastating economic and social costs, and solutions to Nigeria’s insec Read More: https://punchng.com/living-at-the-mercy-of-kidnappers-bandits/
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Assembly adopts report on royal family land claim
Lagos State House of Assembly adopts committee report on Igbaro Oteshade Royal Family’s land claim in Oko-Ado Village, Eti-Osa. Read More: https://punchng.com/assembly-adopts-report-on-royal-family-land-claim/
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HR institute CIPM re-elects president
Nigeria’s Chartered Institute of Personnel Management (CIPM) re-elects Mallam Ahmed Gobir as president, reporting significant membership growth and digital Read More: https://punchng.com/hr-institute-cipm-re-elects-president/
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‘Electricity shortages key barrier to Africa’s industrial growth’
Persistent electricity shortages are a major barrier to Africa’s industrial growth and economic transformation, warns Schneider Electric. Learn how energy Read More: https://punchng.com/electricity-shortages-key-barrier-to-africas-industrial-growth/
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The Yoruba mystical powers
As insecurity rises in Yorubaland, many question the deployment of Yoruba mystical powers. Can traditional forces protect the region from marauders? Read More: https://punchng.com/the-yoruba-mystical-powers/
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Govt pledges fiscal improvements after positive IMF review
Nigeria’s government commits to strengthening fiscal reporting and budget transparency following a positive IMF review, aiming for sustainable economic gro Read More: https://punchng.com/govt-pledges-fiscal-improvements-after-positive-imf-review/
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Lagos commission urges young leaders to drive governance reforms
The Lagos State Law Reform Commission encourages young leaders from the Lateef Jakande Leadership Academy to drive governance reforms for sustainable devel Read More: https://punchng.com/lagos-commission-urges-young-leaders-to-drive-governance-reforms/
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FG fixes June 12 deadline for oil bids
The Federal Government has fixed June 12, 2026, as the deadline for oil bids submission in Nigeria’s 2025 Licensing Round. Learn more about this critical p Read More: https://punchng.com/fg-fixes-june-12-deadline-for-oil-bids/
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Mobile operators budget $1.38bn for infrastructure upgrades
Nigerian telecom operators plan to invest N1.86tn ($1.38bn) in 2026 for infrastructure upgrades, network expansion, and improved service quality across Nig Read More: https://punchng.com/mobile-operators-budget-1-38bn-for-infrastructure-upgrades/
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Lagos moves to track investment deals beyond summit
Lagos State Governor, Babajide Sanwo-Olu, pledges to monitor all investment commitments from the Invest Lagos 3.0 Summit to ensure implementation. Read More: https://punchng.com/lagos-moves-to-track-investment-deals-beyond-summit/
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Power sector lost N310bn in three months – NERC
Nigeria’s power sector lost N310bn in Q1 2026 due to unbilled energy and poor revenue collection, NERC reports. Discover the impact of these power sector l Read More: https://punchng.com/power-sector-lost-n310bn-in-three-months-nerc/
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UBA Foundation recommits to youth environmental awareness
UBA Foundation reinforces its commitment to environmental sustainability with a tree-planting exercise at Lagos schools, promoting youth environmental awar Read More: https://punchng.com/uba-foundation-recommits-to-youth-environmental-awareness/
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Stransact unveils graduate talent scheme across varsities
Stransact launches Honours Roll, a graduate talent scheme recognizing top students in Nigerian universities with N100,000 awards and career opportunities. Read More: https://punchng.com/stransact-unveils-graduate-talent-scheme-across-varsities/
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For Omo-Ettu, a slice of history for a new telecom policy, by Okoh Aihe
There is a way a little sense of history tries to educate and equip us with the capacity to withstand the present and shape the future. History tells us a little bit of who we are and the things that shape our being. History is stubborn. It paints the bad leader with deserved odious colours and […] The post For Omo-Ettu, a slice of history for a new telecom policy, by Okoh Aihe appeared first on Vanguard News.
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NIPR Lagos to host forum on public trust
NIPR Lagos Chapter announces PRFest 2026, a week-long event in July focusing on public trust, security, and nation-building. Learn more about the NIPR Lago Read More: https://punchng.com/nipr-lagos-to-host-forum-on-public-trust/
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United Capital obtains East African investment licences
United Capital secures investment banking licences in Ethiopia and Rwanda, becoming the first foreign institution in Ethiopia. This expands their reach acr Read More: https://punchng.com/united-capital-obtains-east-african-investment-licences/
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NGX gains N830bn as Airtel Africa leads market rally
The Nigerian Exchange Limited (NGX) gained N830bn today, driven by Airtel Africa and financial stocks. Discover how NGX gains impacted the market. Read More: https://punchng.com/ngx-gains-n830bn-as-airtel-africa-leads-market-rally/
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Ibadan kidnappers and long tale from Ogbomoso terrorists, by Rotimi Fasan
The entire drama that featured the abduction of Mrs. Olaide Busayo Adegoke John-Paul and her 12-year-old twin boys lasted for just three days, between Wednesday and Saturday. Those were tension-soaked days that served mostly to highlight or add to the pressure on a federal government that many had come to see as the very symbol of […] The post Ibadan kidnappers and long tale from Ogbomoso terrorists, by Rotimi Fasan appeared first on Vanguard News.
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Heirs Energies partners stakeholders on environmental project
Heirs Energies partners with stakeholders to launch the Agbada Green Corridor Initiative, a tree-planting programme for environmental sustainability in Riv Read More: https://punchng.com/heirs-energies-partners-stakeholders-on-environmental-project/
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Proton Security earns recognition
Proton Security Services Limited earns regional recognition as Best Security Company of the Year 2026 at the West Africa Innovation Awards for its excellen Read More: https://punchng.com/proton-security-earns-recognition/
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Nigeria logistics market attracts new global partnership
CEVA Logistics and EFL Africa form a joint venture, CEVA EFL Limited, to expand operations and strengthen their presence in Nigeria’s logistics market. Read More: https://punchng.com/nigeria-logistics-market-attracts-new-global-partnership/
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FG, states court investors at Lagos summit
The Federal Government and six state governors are wooing investors at the ‘Invest In Lagos 3.0’ Summit, promising high returns and a conducive business en Read More: https://punchng.com/fg-states-court-investors-at-lagos-summit/
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Institute congratulates Fasina on Oyo HOS appointment
The Institute of Leadership Coaching and Strategy congratulates Dr. Adenike Fasina on her Oyo HOS appointment, commending Governor Makinde’s merit-based de Read More: https://punchng.com/institute-congratulates-fasina-on-oyo-hos-appointment/
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Smartcomply joins global body for payment security
Smartcomply, an African cybersecurity firm, joins the PCI Security Standards Council to shape global payment security standards and bring African market in Read More: https://punchng.com/smartcomply-joins-global-body-for-payment-security/
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FCCPC seals property firm amid buyers’ complaints
The FCCPC has sealed PWAN Maxi Property’s Lekki office due to non-allocation of land and buyer complaints. Learn more about the enforcement action. Read More: https://punchng.com/fccpc-seals-property-firm-amid-buyers-complaints/
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NASS will pass state police bill this week – Senate Leader
Senate Leader Opeyemi Bamidele confirms NASS will pass the state police bill this week, calling the reform long overdue amid Nigeria’s security challenges. Read More: https://punchng.com/nass-will-pass-state-police-bill-this-week-senate-leader/
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Leadership dynamics: Why ‘trust me’ is no longer enough
Explore why traditional leadership models are failing in Nigeria’s evolving workforce. Learn how to build leadership trust through transparency and account Read More: https://punchng.com/leadership-dynamics-why-trust-me-is-no-longer-enough/
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Elumelu appointed chairman of Seplat Energy
Tony Elumelu, founder of Heirs Holdings, will become the new chairman of Seplat Energy effective January 1, 2027, leading its next growth phase. Read More: https://punchng.com/elumelu-appointed-chairman-of-seplat-energy/
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Abbey Mortgage Bank projects N8.06bn gross earnings
Abbey Mortgage Bank forecasts N8.06bn gross earnings for Q3 2026, driven by strong lending and strategic asset management. Discover their financial project Read More: https://punchng.com/abbey-mortgage-bank-projects-n8-06bn-gross-earnings/
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Cross-border hiring: The hidden friction slowing Africa’s growth
Discover how complex cross-border hiring practices are slowing Africa’s economic growth and what solutions are emerging to streamline talent management acr Read More: https://punchng.com/cross-border-hiring-the-hidden-friction-slowing-africas-growth/
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Foreigners looting national assets intolerable
Foreigners looting Nigeria’s national assets, including infrastructure and mineral resources, is intolerable. Discover how foreign-linked criminal networks Read More: https://punchng.com/foreigners-looting-national-assets-intolerable/
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Igbos contributions to Nigeria’s development
Explore the significant Igbo contributions to Nigeria’s development across various sectors, from trade and manufacturing to sports and hospitality. Read More: https://punchng.com/igbos-contributions-to-nigerias-development/
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