Newsfront Online …Telling the Public as it is

The Economic and Financial Crimes Commission has interrogated the Accountant General of the Federation, Oluwatoyin Madein, over an alleged link to a N585.2m fraud involving the suspended Minister of Humanitarian Affairs, Dr Betta Edu. The AGF was quizzed by EFCC ...

The National Assembly has raised budgetary allocation to the Ministry of Works from N657.3bn in the proposed budget to N1.03tn. This represents N373bn or 56.7 per cent increase from the initial figure in the appropriation bill. It also represents a ...

The Nigerian National Petroleum Company Limited says it has in the past one week uncovered no fewer than 83 illegal refineries in the Niger Delta.  The NNPCL disclosed this on its X handle on Tuesday, as part of its war ...

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange rate unification policies. Oyedele spoke during a panel session at ...

The naira tumbled to N1,300/$ at the parallel market on Tuesday. This is as it closed trading on the Peer-to-Peer cryptocurrency window at N1,315.3/$1 on the day. Bureau de Change Operators confirmed the parallel market rates to The PUNCH. An Abuja ...

The National Pension Commission (PenCom) has secured the top position in the 2023 Ethics and Integrity Compliance Scorecard (EICS) among 50 regulatory agencies in Nigeria, in an assessment by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). PenCom ...

With the current value of the Nigerian Telecom market at $9.09 billion, a new report has predicted that the market value would reach $11.43 by 2029. The report by market intelligence firm, Mordor Intelligence, revealed that the market is expected ...

Labour and other stakeholders have cried out as more Nigerians are thrown into darkness 10 years after privatisation of Power Holding Company of Nigeria (PHCN). Expressing their worries over the sector’s inability to yield turnaround progress despite the over N7 ...

Nigerian equities witnessed a strong rally on Tuesday, with the benchmark index surging 3.93% to close at 87,971.10 points. The positive performance was driven by gains in industrial heavyweights, particularly Dangote Cement, BUA Cement, and Zenith Bank, witnessing share value ...

In a historic shift, Apple’s iPhone has claimed the title of the world’s best-selling smartphone, breaking Samsung’s 12-year dominance at the top, as revealed by data from the International Data Corporation on Monday. The iPhone secured this position in 2023, ...