The Editor-in-Chief and Managing Director of PUNCH Nigeria, Adeyeye Joseph, has been elected to the Board of the World Editors Forum, the global network of newsroom leaders under the World Association of News Publishers (WAN-IFRA). “We are delighted to welcome Adeyeye to the board. He brings valuable experience and perspective from a region of the world that is often underrepresented in our discussions,” said David Walmsley, Editor-in-Chief of The Globe and Mail and President of the World Editors Forum. Also commenting, Stig Kirk Ørskov, CEO of WAN-IFRA, said: “PUNCH has long been a trusted voice in the Nigerian media landscape,…
Author: Editor
Kumasi, Ghana, March 21, 2026 (RESCONI) — The Resource Conservation Initiative (RESCONI) has underscored the importance of forests as one of the world’s most valuable natural assets, critical to environmental sustainability and socio-economic development, particularly in developing countries like Ghana. The United Nations General Assembly proclaimed March 21 as the International Day of Forests. The 2026 theme, “Forests and Economies,” highlights the vital role forests play in driving sustainable economic growth and reducing poverty, reinforcing that economic development and environmental sustainability can go hand in hand. Programme Officer of RESCONI, Akosua Pokua Boakye, stressed the significance of the day on…
Gold futures plunged as much as 7% on Monday morning, erasing all 2026 gains and extending a brutal selloff that has shattered the metal’s status as a geopolitical safe haven. Spot gold dipped below $4,320 per ounce — barely above year-end 2025 levels, as the U.S.-Israel military campaign against Iran dragged into its fourth week. The decline caps one of the sharpest drops in gold’s modern history. The metal has shed roughly 14% since the conflict erupted on February 28 with Operation Epic Fury, a barrage of nearly 900 strikes on Iranian military sites and leadership. Gold had peaked at…
Nigeria has recorded one of the sharpest increases in petrol prices worldwide, underscoring the country’s continued vulnerability to external oil market shocks despite its status as a major crude producer. Data from InvestorSight, citing Global Petrol Prices, shows that petrol prices in Nigeria have surged by 39.5 percent since February 23, 2026—ranking second globally behind Vietnam, where prices rose by 50 percent over the same period. The spike highlights a persistent paradox in Nigeria’s energy landscape: Africa’s largest oil producer remains heavily exposed to fluctuations in international refined product markets due to structural gaps in domestic refining and pricing systems.…
Nigeria’s Trillion-Naira revenue club expanded further in 2025 as BUA Cement, Lafarge Africa, and Nestle Nigeria Plc crossed the N1 trillion mark, joining a growing league of corporate giants benefiting from improved macroeconomic stability, easing inflationary pressures, and price adjustments. According to the audited financial statement from leading listed companies, BUA Cement grew its revenue to N1.18 trillion in 2025, up from N876 billion in 2024; Lafarge Africa recorded N1.07 trillion, rising from N696 billion in the previous year; and Nestle rose to N1.02 trillion from N958 billion. The three firms now sit alongside industry leaders such as MTN Nigeria,…
The Central Bank of Nigeria (CBN) scaled back its Treasury Bills (NT-bills) issuance at its Primary Market Auction (PMA) of March 18, 2026, allotting N691.86 billion out of the N1.05 trillion initially offered, in a move that signals a more measured approach to borrowing costs. Despite the lower allotment, investor demand remained robust, with total subscriptions rising sharply to N3.06 trillion, underscoring sustained liquidity and appetite for government securities. The auction featured the standard 91-day, 182-day, and 364-day tenors. However, demand was overwhelmingly concentrated at the long end of the curve, particularly for the 364-day instrument, reflecting investors’ preference for…
I am tired of writing about Boko Haram. It is mentally exhausting to be chronicling death, destruction and despair for over two decades. The Boko Haram narrative started with its founding in 2002 (some say earlier, others say later) in Maiduguri, Nigeria, by a cleric, Mohammed Yusuf. Originally, the group appeared with a noble objective to “purify” Islam and oppose Western culture, education and influence. It started as a non-violent group focused on proselytization but then started engaging in violent acts. The government of the day, led by President Umaru Musa Yar’Adua, was not ready to accept violent groups and…
A General Election Perception Survey for Ondo North Senatorial District 2027, has projected the Chief Executive Officer(CEO) of Imole Progressive Network (IPN), Engr. Michael Abayomi Adeyanju, as the most popular candidate in the area. The survey was conducted by the PenPlus Stat Index, a research and public opinion unit of PenPlus Online Media Publishers. The public opinion poll which was conducted in the month of February, was to assess voters’awareness of their elected representatives, perception of their performance, and earlypolitical preferences ahead of the 2027 general elections, across the three SenatorialDistricts (Ondo North, Ondo Central and Ondo South) of Ondo…
Banks, mobile money operators, international money transfer operators and other financial institutions in Nigeria are required to deploy automated anti-money laundering (AML) systems under new baseline standards issued by the Central Bank of Nigeria (CBN). The CBN, under Olayemi Cardoso, has strengthened financial crime detection and compliance mechanisms across the sector. The move is expected to boost investors’ confidence and foreign capital inflows to the domestic economy. Automation is at the centre of sustainable and thriving business systems across the world. And when it comes to financial crimes prevention and controls, automation makes it seamless and builds stakeholders’ confidence in…
Saudi Arabia has officially announced that Friday, March 20, will mark the first day of Eid al-Fitr, following the non-sighting of the crescent moon that signals the end of Ramadan. The Kingdom’s religious authorities confirmed that the moon was not sighted during observations on Wednesday evening, meaning Ramadan will complete a full 30 days this year, in line with the Islamic lunar calendar. The announcement aligns with similar declarations from several countries across the Middle East and beyond, where moon-sighting committees also reported negative sightings, fixing Friday as the day of celebration. Eid al-Fitr, one of the most significant festivals…