Sami Tunji

Abuja, Nigeria

Writer, Researcher and Editor at Freelance

Senior Business Correspondent at The Punch

Writer. Researcher. Editor || Senior Business Correspondent @MobilePunch || MBA candidate @QuanticSchool || published on @Nairametrics @TheAfricaReport

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Articles

CBN earns N3.1bn interest on FG’s ways and means

4 days ago | punchng.com | Sami Tunji

Central Bank of Nigeria building The Central Bank of Nigeria earned N3.1bn as interest on the Federal Government’s overdraft facility in 2024, down sharply from the N1.6tn it earned in 2023, figures from the apex bank’s audited financial statements have shown.
Wale Edun tasks finance directors to deliver 7% GDP growth

5 days ago | punchng.com | Sami Tunji

Minister of Finance and Coordinating Minister of the Economy, Wale Edun The Coordinating Minister of the Economy and Minister of Finance, Mr Wale Edun, has charged top management staff of the Federal Ministry of Finance to drive reforms that will accelerate Nigeria’s GDP growth to seven per cent per annum in line with the Renewed Hope Agenda of the Tinubu administration.
FCT seeks RMAFC’s nod to access fund for infrastructure

5 days ago | punchng.com | Sami Tunji

The Federal Capital Territory Administration has approached the Revenue Mobilisation Allocation and Fiscal Commission to seek approval for access to the Natural Resources Development Fund to finance infrastructure projects across the territory.
PTAD raises alarm over 2025 budget pension arrears gap

5 days ago | punchng.com | Sami Tunji

The Pension Transitional Arrangement Directorate has raised concern over the inadequate provision for pension arrears in the 2025 national budget recently signed by President Bola Tinubu. This was disclosed in a statement issued by the Head of Corporate Communications, PTAD, Mr Olugbenga Ajayi, on Friday. The Executive Secretary of PTAD, Ms Tolulope Odunaiya, said this during a courtesy visit to the Director-General of the Budget Office of the Federation, Mr Tanimu Yakubu, in Abuja.
Nigeria taps additional $215m W’Bank loan for palliatives

6 days ago | punchng.com | Sami Tunji

The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net Programme-Scale Up, raising the total amount released to $530m, The PUNCH reports. Checks by The PUNCH on Thursday on the World Bank’s official website revealed that the cumulative disbursement had increased from the earlier reported $315m in 2023 to $530m this year, reflecting fresh inflows into Nigeria’s accounts for the palliative programme.
IMF confirms Nigeria’s full repayment of $3.4bn loan

6 days ago | punchng.com | Sami Tunji

The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid Financing Instrument to cushion the economic impacts of the COVID-19 pandemic. In a statement sent to journalists on Thursday on behalf of Mr Christian Ebeke, the IMF Resident Representative for Nigeria, the Fund said the repayment was completed on April 30, 2025.
Nigerians’ data consumption surge by 11.5% in March 2025 despite tariff increase

6 days ago | nairametrics.com | Sami Tunji

The recent 50% increase in tariffs by telecommunications operators did not deter Nigerians from using the internet, as data consumption across mobile networks increased by 11.5% in March 2025. This is according to the latest industry statistics released by the Nigerian Communications Commission (NCC). The data revealed that Nigerians consumed 995,876.10 terabytes of data in March, compared to 893,054.80 terabytes used in February.
FG unveils first data protection virtual academy

1 week ago | punchng.com | Sami Tunji

Minister of Communications, Innovation and Digital Economy, Bosun Tijani The Nigerian Data Protection Commission has officially unveiled the Data Protection Virtual Academy, a pioneering initiative designed to promote digital security across both the public and private sectors. The launch took place during the opening ceremony of the 8th Edition of the Network of Data Protection Authorities Conference and Annual General Meeting in Abuja on Tuesday.
NDPC to resolve data breach dispute with Meta

1 week ago | punchng.com | Sami Tunji |Justice Okamgba

Nigeria Data Protection Commission The Nigeria Data Protection Commission has expressed its commitment to resolving the recent data breach issue involving Meta Platforms Inc. through dialogue and collaboration.
CBN reforms reshape external sector amid diaspora inflows

1 week ago | punchng.com | Sami Tunji

As Nigeria’s external sector undergoes transformation, SAMI TUNJI examines how foreign exchange reforms, declining central bank dominance, rising diaspora inflows, and transparency are redefining the dynamics of the foreign exchange market. Nigeria’s external sector is undergoing realignment as the Central Bank of Nigeria’s foreign exchange reforms begin to alter market behavior, investor engagement, and diaspora inflows.