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Lawmakers back N500bn annual housing budget

02.12.2024
Federal lawmakers have expressed support for the plan to increase the housing ministry’s yearly budget to a minimum of N500bn, starting with the 2025 budget cycle, the Minister of Housing and Urban Development, Musa Dangiwa, has said. Dangiwa said this was following the ministry’s engagement with the National Assembly leadership while speaking at the 2024...
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Marketers differ on advance payments for Dangote petrol

02.12.2024
Oil marketers have expressed diverse opinions on the recent demand by the Dangote Petroleum Refinery, which stated that dealers must make advance payments before they can begin off-taking products from the Lekki-based refinery. This demand was advanced to marketers during a high-level stakeholder meeting organised by NNPC Group CEO Mele Kyari, representatives of the Major...
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Real estate firm woos diasporan investors

02.12.2024
A real estate firm, Pelican Valley Nigeria Ltd, has provided a 100 per cent return on investment to its members within one year of investment in the estate products. In a statement, it was stated that the socioeconomic fortune of Ogun State, particularly the Abeokuta and its environs, was set to witness about two dozen...
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FESTAC residents petition IG against FHA officials

02.12.2024
Residents of Festac Town, Lagos, have raised alarm over an alleged violation of court injunction by officials of the Federal Housing Authority. The residents petitioned the Inspector-General of Police through their legal representative, Adetayo Bello. They alleged in a statement that the FHA has continued to demolish properties in the Festac extension area of 6th...
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Capital market operators get new registration requirement

02.12.2024
The Securities and Exchange Commission has announced a new requirement for Capital Market Operators seeking to renew their annual registration. As part of the renewal process, CMOs will now be required to submit evidence of their registration with a trade group. In a statement made available to our correspondent on Sunday, this directive, signed by...
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Impactful research can make Nigeria investment hub – Minister

02.12.2024
The Minister of Innovation, Science, and Technology, Dr Uche Nnaji, has said that producing impactful research with global solutions can turn Nigeria into an investment hub. Nnaji said this at the First Annual Convening of the Nigerian Impact Investing Research and Industry Collaborative themed ‘Impact Investing: Shaping Policies, Research, and Innovation to Commercialisation – The...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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