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News

Punch Newspapers
punchng.com > no-capital-releases-since-2024-livestock-ministry-laments

No capital releases since 2024, livestock ministry laments

9+ hour, 22+ min ago   (501+ words) The Federal Ministry of Livestock Development has raised the alarm over inadequate funding and non-release of capital funds, saying the situation has hampered the implementation of several projects and programmes in the sector. The Director of Information and Public Relations,…...

Punch Newspapers
punchng.com > africa-re-posts-664-8m-insurance-revenue-as-claims-rise

Africa Re posts $664.8m insurance revenue as claims rise

9+ hour, 49+ min ago   (397+ words) The African Reinsurance Corporation recorded an 8.5 per cent year-on-year increase in insurance service revenue to $664.8m in the first half of 2026, driven by new business and improved renewal retention. The Nigeria-domiciled reinsurer said revenue growth was achieved across most of its…...

Punch Newspapers
punchng.com > no-iran-controlled-palestinian-state-under-my-watch-netanyahu-vows

No ‘Iran-controlled’ Palestinian state under my watch, Netanyahu vows

1+ hour, 14+ min ago   (337+ words) Israeli Prime Minister Benjamin Netanyahu has vowed that no Palestinian state controlled by Iran will be established in Gaza or the West Bank for as long as he remains prime minister. Netanyahu made the declaration in a series of posts…...

Punch Newspapers
punchng.com > subsidy-is-not-compassion

Subsidy is not compassion

9+ hour, 30+ min ago   (411+ words) Nigeria should answer hardship with targeted relief and transparent public spending – not by reopening an open-ended price subsidy that rewards consumption, invites arbitrage and converts every oil-price shock into a budget crisis. I, therefore, reject this proposal unequivocally. Yes, compassion…...

Punch Newspapers
punchng.com > american-jailed-10-years-for-using-chatgpt-to-plan-bank-robbery

American jailed 10 years for using ChatGPT to plan bank robbery

4+ hour, 6+ min ago   (481+ words) A 23-year-old Omaha, Nebraska man who used ChatGPT to plan a bank robbery has been sentenced to 121 months in federal prison after he robbed a bank at gunpoint and threatened two employees with death. Deron Lewis-Payne was sentenced on August…...

Punch Newspapers
punchng.com > cbn-urged-to-expand-oversight-of-fintech-cloud-risks

CBN urged to expand oversight of fintech, cloud risks

11+ hour, 2+ min ago   (861+ words) The Central Bank of Nigeria has been urged to expand its oversight of financial institutions to cover risks from cloud providers, telecom networks, fintechs and other technology partners. Director-General of the National Information Technology Development Agency, Kashifu Inuwa, said traditional…...

Punch Newspapers
punchng.com > 2027-serap-asks-inec-to-disclose-campaign-donation-limits

2027: SERAP asks INEC to disclose campaign donation limits

10+ hour, 33+ min ago   (1072+ words) The Socio-Economic Rights and Accountability Project has urged the Independent National Electoral Commission to disclose whether it has prescribed limits on political contributions ahead of the 2027 general elections. SERAP, in a Freedom of Information request dated August 22, 2026, and signed by…...

Punch Newspapers
punchng.com > n150000-palliative-pensioners-threaten-mass-protest

N150,000 palliative: Pensioners threaten mass protest

9+ hour, 52+ min ago   (873+ words) Retirees under the Federal Government’s pension scheme have given the government 21 days to pay their outstanding N150,000 palliative allowance, threatening a peaceful protest if the payment is not made by September 10, 2026. The pensioners, under the aegis of the Coalition of Federal…...

Punch Newspapers
punchng.com > morning-recap-kwam1-breaks-down-in-tears-over-ogogos-death-govs-face-questions-as-faac-payouts-hit-n47tn-other-top-stories

Morning recap: KWAM1 breaks down in tears over Ogogo's death, govs face questions as FAAC payouts hit N47tn, other top stories

2+ hour, 48+ min ago   (274+ words) In other news, the 36 state governors are facing growing pressure to account for how they have spent public funds disbursed as revenue by the Federation Account Allocation Committee in the last three years, The PUNCH reports. These and many more…...

Punch Newspapers
punchng.com > atikus-subsidy-u-turn-a-reply-to-farooq-kperogi

Atiku’s subsidy U-turn: A reply to Farooq Kperogi

2+ hour, 52+ min ago   (1352+ words) Prof. Farooq Kperogi’s article on Atiku Abubakar’s proposed petrol subsidy is eloquent and politically entertaining, but its central argument is economically unconvincing. Kperogi appears delighted that President Bola Ahmed Tinubu and his supporters are supposedly “squirming in discomfort like cats…...