Diamond Celebrities

Virgin Atlantic Airway has filed for bankruptcy, as the aviation industry continues to be ravaged by the coronavirus pandemic. The Virgin Group airline filed for Chapter 15 bankruptcy in New York on Tuesday, marking the latest business casualty for the airline industry. It is the second of billionaire Richard Branson’s aviation business to file for […]

The National Universities Commission (NUC) said it is collecting data from universities to assess their readiness for resumption of academic activities. The commission also said efforts are ongoing to resolve the strike by the Academic Staff Union of Universities’ (ASUU) that threatens to further delay the resumption of academic activities in the universities. The Executive […]

China is becoming apprehensive about releasing loans to Nigeria following probes by the National Assembly on loans earlier released to Nigeria by the Asian nation, the Federal Government said on Tuesday. Although the government insisted that no nation could recolonise Nigeria as a result of Nigeria’s indebtedness, it cautioned lawmakers not to hamper its ability […]

The Federal Government on Tuesday raised the fine for hate speech from N500,000 to 5 million naira, The Punch has learnt. The government also mandated broadcast stations to devote airtime for public education on emergencies such as the COVID-19 pandemic. The Minister of Information, Lai Mohammed, made this known in Lagos on Tuesday while unveiling the Reviewed […]

A large blast in the Lebanese capital, Beirut, has killed at least 70 people and injured more than 4,000 others, the health minister says. The explosion on Tuesday sent shockwaves across the city, causing widespread damage even on the outskirts of the capital. Videos show smoke billowing from a fire, then a mushroom cloud following […]

The Federal Government expended about N523.3 million on school feeding programme during the lockdown against the coronavirus pandemic. The Minister of Humanitarian Affairs, Disaster Management and Social Development (MHADMSD), Sadiya Farouq, announced this at the Presidential Taskforce briefing on COVID-19 on Monday in Abuja. Farouk made the revelation against the rumours and speculations going around […]

Immediate past National Chairman of the All Progressives Congress (APC), Mr. Adams Oshiomhole, Monday gave an insight into why he lost his seat as the party’s chief superintendent. Fielding questions when he featured on the Morning Show, the flagship breakfast programme of ARISE NEWS Channel, the broadcast arm of THISDAY Newspapers, Oshiomhole said he stepped […]

A Nigerian airline, Air Peace, has sacked over 70 pilots across its fleet. It also reduced staff salaries by up to 40 per cent. A member of the National Association of Aircraft Pilots and Engineers disclosed this to one of Punch correspondents, craving anonymity. The source said the number of sacked pilots was between 70 […]

Some parents of students in private secondary schools in Ogun State on Sunday protested against the N25,000 COVID-19 test fee for each of their children. The government had said no boarding school student would be admitted into schools without a certificate of COVID-19 test which must be negative. The parents on Sunday thronged MTR 250-bed […]

Lagos State Government has announced the increase of the permissible capacity of public gatherings from 20 to 50 persons. Gov. Babajide Sanwo-Olu, announced this at the Lagos House, Marina, during the 17th update on the management of coronavirus in the state. Sanwo-Olu said that the increase applied to a wide range of events from Annual […]

Customers are paying more on loans and getting less on deposits from commercial banks, a Central Bank of Nigeria (CBN) report has said. They paid between 15.01 per cent and 30.70 per cent on borrowed funds but the interest paid on their term deposits dropped by 1.46 per cent to 6.27 per cent, the CBN’s […]

The Minister of Transportation, Rotimi Amaechi, says the Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years. Mr Amaechi, in a statement on Saturday, said China was the only country giving out loans with a low-interest rate of 2.8 per cent. […]

Some charter airlines have begun offering services to members of the public despite a ban on international flights by the Federal Government due to the COVID-19 pandemic, Sunday Punch has learnt. It was also learnt that some commercial flights that were contracted by foreign missions to evacuate stranded citizens from Nigeria were also being used to convey […]

A disappointed President Muhmmadu Buhari spoke on Friday against the backdrop of the ongoing investigation of the affairs of the Niger Delta Development Commission (NDDC) and the Economic and Financial Crimes Commission (EFCC), expressing regrets that some public officials put in positions of trust had abused the confidence reposed in them. He vowed that all […]

Lagos State Governor, Babajide Sanwo-Olu on Saturday disclosed that 10,835 people have recovered from Coronavirus within the communities and have been discharged. He disclosed this while giving update on COVID-19 situation in Lagos at the State House, Marina on Saturday. The governor said since the beginning of the virus, Nigeria had seen more than 43,000 infections, […]

The Lagos State Government said Saturday that restaurants and fast-food outlets in the state would be allowed to operate dine-in services effective August 14. Governor Babajide Sanwo-Olu made this disclosure during a briefing at the State House, Marina. Punch had earlier reported that the restaurants and eateries in the state had been closed since March […]