Author: Ifetayo Adeniyi

US boxer Floyd Mayweather Jr., celebrates. AFP PHOTO / JOHN GURZINKSI … the legend will address a press conference in Abuja on Friday, November 13. Boxing legend Floyd ‘Money’ Mayweather is set to launch the TMT Frontrow Fight Series in Nigeria as part of efforts to develop young boxing talents and expand professional boxing opportunities in the country. Mayweather, who is expected to arrive in Abuja on Thursday, November 12, will also explore investment opportunities in Nigeria’s mining and solid minerals sector. The initiative aims to identify, train, and promote emerging Nigerian boxers through boxing academies and grassroots development programmes…

As digital financial services become increasingly embedded in the everyday lives of Nigerians, access to financial services goes beyond having a mobile application. Customers also need reliable ways to seek assistance, resolve enquiries and engage directly with service providers when necessary. Recognising this need, leading digital financial services provider PalmPay is strengthening customer access through an integrated network of digital support channels and physical offices across Nigeria, providing customers, merchants and businesses with multiple ways to connect with the company. With offices across major cities and commercial centres, PalmPay continues to deepen its physical presence to bring its services and…

Canada flag. Credit: etendard Canada is introducing a time-limited measure to transition up to 100,000 workers and their eligible family members already living in the country to permanent residents, as part of a wider plan to process applications for thousands of other migrants and families awaiting decisions. The measure, announced by Immigration, Refugees and Citizenship Canada on Tuesday, also provides for up to 45,000 spouses, common-law partners and dependent children of Canadian citizens or permanent residents living in Canada to obtain permanent residence. Another 12,600 people who have already been found eligible for permanent residence on humanitarian and compassionate grounds…

World Bank building. Photo: World Bank * The additional financing will support the restoration of 1.4 million hectares of land and benefit approximately 6.6 million people by 2031. The World Bank has approved $500 million in financing for Nigeria to tackle flooding, restore degraded agricultural land and reduce conflicts between farmers, herders and rural communities across the northern part of the country. The funding, approved under the Agro-Climatic Resilience in Semi-Arid Landscapes Project, is expected to strengthen climate resilience, improve water management and support agricultural productivity in 19 northern states and the Federal Capital Territory. According to World Bank’s website…

… the framework will be ready by the first quarter of next year. The Nigeria Governors’ Forum has said it is developing a uniform electricity tariff methodology to guide pricing across states and address inconsistencies arising from the decentralisation of electricity regulation. The forum disclosed this at the ongoing Lagos Energy Summit in Lagos, where its representative, Chijioke Chukwu, said the proposed framework would help states navigate the complexities of tariff determination and establish more consistent pricing arrangements. Chukwu said the NGF is working on the methodology following challenges encountered by some states in their efforts to establish electricity tariffs…

Access Holdings and Stanbic IBTC Holdings The combined total assets of six of Nigeria’s biggest listed banks rose 6.73 per cent to N195.08tn on 30 September, 2026, from N182.79tn at the same point in 2025. Profit after tax grew 7.50 per cent to N3.11tn from N2.90tn, according to their unaudited financial statements. The six lenders are Access Holdings Plc, Ecobank Transnational Incorporated, Zenith Bank Plc, First HoldCo Plc, Guaranty Trust Holding Company and Stanbic IBTC Holdings Plc. Their combined balance sheets grew by N12.29tn over the period. In separate phone interviews with The PUNCH, banking analysts said the expansion was…

File photo: Small and medium-sized enterprises. * Beneficiaries with have access to Afreximbank’s trade platforms. The African Export-Import Bank has committed $75 million in financing to the Development Bank of Nigeria to expand access to credit for Nigerian small and medium-sized enterprises, particularly businesses operating in the creative and export-oriented sectors. The facility will be disbursed through DBN’s participating financial institutions to support working capital, asset acquisition, export financing and supply chain activities, with businesses in fashion, film, music and design among the intended beneficiaries. According to a statement issued by Afreximbank on Wednesday, the agreement was signed during the…

Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate The Federal Government has secured financial and in-kind commitments estimated at over $65m from seven private sector and philanthropic organisations to support efforts to reduce preventable maternal and newborn deaths in Nigeria. The commitments, submitted through Letters of Intent under the Maternal and Neonatal Mortality Reduction Innovation Initiative Private Sector Compact, are expected to address critical healthcare delivery gaps in 172 local government areas identified as having the highest burden of maternal and newborn deaths. The seven organisations that submitted Letters of Intent were DP World, Bayer, UNICEF, dsm-firmenich, Nestlé…

Atiku Abubakar The news follows November 5 judgment by Justice Lifu of the Federal High Court in Abuja, which invalidated the leadership of the ADC under former Senate President David Mark. Former Kogi West senator Dino Melaye has said that the certified true copy of Justice Peter Lifu’s judgment in the African Democratic Congress (ADC) leadership dispute contains no mention of former Vice-President Atiku Abubakar or any other candidate. Melaye made the disclosure on Wednesday, November 11, 2026, after the opposition party received the written judgment, ending days of controversy over its delayed release. The former lawmaker challenged the interpretation…

Daily Lagos–Asaba and Asaba–Abuja services resume on Friday, 20 November 2026, strengthening regional connectivity and bringing families together for the holidays. Somewhere in Lagos or Abuja right now, a phone is ringing, and the voice on the other end is asking the single question that marks the true beginning of the Nigerian festive season: “When are you coming home?” For thousands of professionals, business owners, and families whose answer is Asaba and the surrounding communities across Delta and Anambra states, ValueJet has delivered timely news. The airline will officially resume daily scheduled flights on its Lagos–Asaba and Asaba–Abuja routes starting…