punch news

The celebrity boxing match between controversial singer Habeeb "Portable" Okikiola and Nollywood actor Charles Okocha reached its climax on Wednesday, December 27, 2023, at Landmark Beach in Lagos state. Portable, representing the blue corner, donned a striking blue boxing gear, while Okocha...

In a recent interview with The PUNCH, Prof. Emmanuel Oshodeke, a representative of the Academic Staff Union of Universities (ASUU), disclosed that universities across Nigeria may witness strikes in 2024 due to the insufficient budget allocated to the education sector and poor remuneration...

Olabode Agusto, the esteemed founder of Agusto & Co. Limited, has passed away at 68, although the cause of his death has not been disclosed. Agusto was influential in Nigeria's economic landscape, having worked in the private and public sectors for over three decades. According to TheCable...

During the Senate's screening and confirmation of the newly appointed EFCC Chairman, Ola Olukoyede, and the Commission's Secretary, Muhammad Hammajoda, President of the Senate, Godswill Akpabio, raised concerns over the Economic and Financial Crimes Commission's (EFCC) unprofessionalism. Akpabio...

Cleric Sheikh Ahmad Abubakar Gumi has made a public statement accusing the Tinubu administration of having intentions to secure an eight-year term, pledging that they will not succeed in their efforts. In a video that has gone viral, Gumi did not explicitly mention the president's name but it...

The United States has announced the Diversity Visa (DV) Program for the fiscal year 2025, and it comes with a harsh reality for many Nigerians. Nigeria is not included in the list of eligible countries - this is a devastating blow for countless hopefuls who saw the DV program as a beacon of hope...

In a distressing economic downturn, Nigeria's naira has reached an all-time low against the dollar, trading at 999 on the official market, as reported by Reuters. This significant depreciation is similar to the persistent weakness in the parallel market, where a scarcity of dollars puts enormous...

President Bola Ahmed Tinubu welcomed Senate President Godswill Akpabio to the villa, with Senate Majority Leader Senator Opeyemii Bamidele and Senator Solomon Adeola in tow. The meeting, focused on key national matters and enhancing collaboration between the executive and legislative arms...

Renowned Nigerian comic actor, John Okafor, popularly known as Mr. Ibu, has reached out for help through an Instagram video as he battles a serious medical condition. The actor revealed that he has been hospitalized for several weeks and is facing a dire situation. He stated that the doctor has...

The Nigerian Senate has officially confirmed Ola Olukoyede as the Chairman of the Economic and Financial Crimes Commission (EFCC) and Muhammad Hammajoda as the Secretary of the anti-graft agency. This confirmation comes after their screening by the Senate, about a week after their appointment by...

In a swift change of leadership roles, the Nigerian Senate announced the appointment of Senator Oyelola Yisa Ashiru, a member of the All Progressives Congress (APC) representing Kwara South, as its new Deputy Leader of the Senate. This development comes as Senator Oyelola Yisa Ashiru replaces...

In a significant and alarming development, the Naira, Nigeria's national currency, suffered a dramatic drop to its lowest rate ever against the United States dollar in the official market. According to market data released on the FMDQ website, the local currency concluded its trading session at...

An investigation conducted by The PUNCH has revealed that approximately 71 companies benefited from N390.26 billion in pioneer status incentives over a two-year period. This data was obtained from the Federal Inland Revenue Service annual reports, which indicated that N1.43 billion was utilized...

Bissau, the capital of Guinea-Bissau, has been hit by a power crisis due to an unpaid electricity bill of $17 million owed to Turkish utility company Karpowership. Karpowership, one of the world's largest floating power plant operators, has a five-year contract to supply the majority of...

The All Progressives Congress (APC) has criticized former Secretary to the Government of the Federation, Babachir Lawal, for claiming that Peter Obi, not Bola Tinubu, won the presidential election held on February 25, 2023. In a statement signed by the party's spokesperson, Felix Morka, the APC...

Image Credit: Trevor Cokley Elon Musk's social media platform, X (formerly Twitter), has begun testing a subscription model called "Not A Bot" in the Philippines and New Zealand. The plan, priced at $1 annually, grants users the ability to post content...

In a recent development, Justice Njideka Nwosu-Iheme of the Federal Capital Territory High Court in Wuse Zone 2 has dismissed the no-case submission put forth by Peter Nwachukwu, the husband of the late gospel singer, Osinachi Nwachukwu. The Federal Government had filed a 23-count charge against...

Amidst economic challenges and the removal of fuel subsidies in Nigeria, the House of Representatives has announced its finalization of plans to distribute official vehicles to members of the 10th National Assembly. The Chairman of the House Committee on Media and Public Affairs, Akin Rotimi...