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UNIZIK Workers Protest Non-Payment Of 5-Year Salaries

About 1,000 Nnamdi Azikiwe University (UNIZIK) Awka academic and non-academic workers yesterday staged a protest over their unpaid five-year salaries. According to the protesters, 12 of their colleagues, who were employed during the same period, have died while waiting to be paid. The placard-carrying protesters appealed for payment of their salaries, saying they were facing...
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Nigeria’s real estate to hit $2.25tn in 2025 – FG

The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged foreign investors at the Saudi Real Estate Forum to seize the vast opportunities within Nigeria’s housing sector, particularly through the Federal Government’s Renewed Hope Cities and Estates Programme. This is according to a statement on Tuesday by the Special Assistant  Media and Strategy to...
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At Last, Headies Award Returns To Nigeria

The Headies, Nigeria’s biggest music award, is set to return home with the hosting of two separate editions of the annual show in 2025, its organisers have said. In a video shared on Headie’s X page, Ayo Animashuan, founder of The Headies, said the 17th edition of the award would take place on April 5,...
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Sterling Bank petitions IG over court ruling violations

Sterling Bank Limited has petitioned the Inspector-General of Police, Kayode Egbbetokun to address the alleged use of the National Assembly and the Police Force CID by Miden Systems Limited and its director, Dr Brendan Usoro, to harass the bank and its executives. In a statement made available to The PUNCH on Monday, the lender said...
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Bauchi Gov Slams Tuggar Over Diplomatic Blunders

Aminu Gamawa, Chief of Staff to Bauchi State Governor Bala Mohammed, has slammed the Minister of Foreign Affairs Yusuf Tuggar for attacking the governor over his criticism of President Bola Tinubu’s Tax Reforms Bills. In a statement, Gamawa the minister’s “undiplomatic and opportunistic outburst further exposes his desperation to curry favour with his new political...
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Dangote-backed investors to acquire Kenyan coffee chain

Alterra Capital, an Africa-focused private equity fund with Dangote among its key investors, is partnering with Phatisa Group to purchase the restaurant chain from UK-based investment firm Actis for an undisclosed sum. According to a Malawi-based COMESA Competition Commission notice, Mauritius-based Alterra will hold a majority stake in Java House. Click here for more
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LAPO Bank rewards savers with N1.5m

LAPO Microfinance Bank Limited has unveiled a raffle draw for the Xpress Savings Promo Season III, offering over N1.5m and 50 prizes of N50,000 to promote a savings culture. The raffle draw is  scheduled to take place on January 31, 2025. The LAPO Xpress Savings Promo Season III, which ran from October 1 to December...
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Recapitalisation: Four banks target N931bn

As the second round of capital raising exercise kicks off, four banks will be looking to raise about N931.91bn in fresh capital to meet the new capital base required for banks operating in Nigeria. These banks include national lenders like Wema Bank and Stanbic IBTC Holdings. Others have international authorisation, like FCMB Group and Fidelity...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...