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Tag: PUNCH

Companies / economics

World Bank Set to Approve $632 Million Loan Package for Nigeria

March 31, 2025March 31, 2025 - by Carmen Mendez - Leave a Comment

The World Bank is set to approve a total of $632 million in loans for Nigeria, focusing on nutrition and basic education. This comes amidst concerns regarding Nigeria’s rising debt, …

World Bank Set to Approve $632 Million Loan Package for Nigeria Read More
Politics

Petrol Crisis Eases in Niger Republic Following Nigeria’s Intervention

March 24, 2025March 24, 2025 - by Carmen Mendez - Leave a Comment

The petrol crisis in Niger Republic is easing due to Nigeria supplying fuel, reducing prices from N10,000 to around N5,000 per litre. A delegation from Niger sought assistance from Nigeria, …

Petrol Crisis Eases in Niger Republic Following Nigeria’s Intervention Read More
Politics

Easing of Petrol Crisis in Niger Republic Following Nigerian Supply

March 24, 2025March 24, 2025 - by Marcus Chen - Leave a Comment

The petrol crisis in Niger Republic is easing as Nigeria supplies petrol, reducing prices significantly from N10,000 to N5,000 per litre. This assistance follows diplomatic negotiations after Niger’s request for …

Easing of Petrol Crisis in Niger Republic Following Nigerian Supply Read More
Politics

House of Representatives Donates N705 Million to Support Vulnerable Nigerians

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

The House of Representatives donated N705 million to the Federal Government to aid vulnerable Nigerians during Ramadan. Speaker Tajudeen Abbas announced this initiative at an Iftar dinner hosted by President …

House of Representatives Donates N705 Million to Support Vulnerable Nigerians Read More
Climate change / Technology

The Imperative for Nigeria’s Role in Shaping AI Ethics

March 8, 2025March 8, 2025 - by Liam Nguyen - Leave a Comment

Artificial Intelligence (AI) is increasingly woven into the fabric of Nigerian life, from social media to finance, yet raises significant concerns regarding cultural representation and ethical governance. With current AI …

The Imperative for Nigeria’s Role in Shaping AI Ethics Read More
Politics

Demands for Justice Following Abubakar Lawal’s Tragic Death in Uganda

March 8, 2025March 8, 2025 - by Sofia Nawab - Leave a Comment

Mansour Lawal, brother of Abubakar Lawal, has called for a thorough investigation into his brother’s death in Uganda, initially attributed to a motorcycle accident but later clarified as a fall …

Demands for Justice Following Abubakar Lawal’s Tragic Death in Uganda Read More
Business / Companies

Urgent Call for Liveness Detection in Nigeria’s Financial Sector

March 3, 2025March 3, 2025 - by Sofia Nawab - Leave a Comment

Nigeria’s financial institutions faced losses of 52.26 billion Naira (US$34.8 million) in 2024 due to fraud, primarily linked to the misuse of Bank Verification Numbers (BVNs). Instances of fraud involved …

Urgent Call for Liveness Detection in Nigeria’s Financial Sector Read More
Companies

Fraudulent BVN Enrollment Leads to N329 Million Theft in Nigeria

March 2, 2025March 2, 2025 - by Liam Nguyen - Leave a Comment

Fraudsters exploited static images for BVN registration, stealing N329 million. Unethical agents facilitated this by creating fraudulent accounts that enabled quick transactions. The report emphasized an overall rise in financial …

Fraudulent BVN Enrollment Leads to N329 Million Theft in Nigeria Read More
Companies

Concerns Arise Over Nigeria-China Currency Deal’s Impact on AfCFTA

December 30, 2024December 30, 2024 - by Allegra Nguyen - Leave a Comment

A recent currency swap deal between Nigeria and China may jeopardize Nigeria’s participation in the Africa Continental Free Trade Area (AfCFTA), according to the Sea Empowerment Research Centre. The group …

Concerns Arise Over Nigeria-China Currency Deal’s Impact on AfCFTA Read More
Politics

Nigeria’s Electoral Reform: Transitioning to Biometrics and Digital Verification

December 16, 2024December 16, 2024 - by Liam Nguyen - Leave a Comment

The Independent National Electoral Commission (INEC) of Nigeria is proposing reforms to replace the Permanent Voter Card (PVC) with digital verification methods and enhance biometric systems to streamline electoral processes. …

Nigeria’s Electoral Reform: Transitioning to Biometrics and Digital Verification Read More

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