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Winners emerge in Coronation Insurance promo

06.01.2025
Coronation Insurance Plc has unveiled the winners of the first raffle draw in its ‘Insure & Win’ promo. The winners were announced at the live raffle draw held at its corporate head office in Ikoyi, Lagos, recently. The firm said that the promo was designed to reward customer loyalty and increase awareness about insurance in...
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‘Most Lagos buildings lack mortgage insurance’

06.01.2025
The Chief Executive Officer of Adamakin Investment & Works Limited, Afolabi Akindele, has said 90 per cent of this building does not have mortgage insurance. He disclosed this at the 137th remembrance of Iyalode (late Mrs. Efunroye Tinubu) recently in Lagos. He said, “90 per cent of these buildings do not have mortgage insurance, and...
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Housing ministry budgets N6.3bn for road infrastructure

06.01.2025
The Federal Ministry of Housing and Urban Development has allocated N6, 345,650,913 for road infrastructure in its 2025 executive budget, recently presented by President Bola Tinubu. According to the budget details, the ministry’s capital expenditure for 2025 stands at N83.75bn; of this amount, N69.35bn has been earmarked for the construction and provision of fixed assets,...
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Put eligible pensioners on payroll, retirees beg PTAD

06.01.2025
Retirees under the auspices of the Concerned Federal Pensioners have called on the Pension Transitional Arrangement Directorate to ensure that every eligible pensioner is put on the payroll. This is one of the association’s expectations for the new year shared with The PUNCH on Saturday. Retirees in the association have complaints ranging from unpaid pensions...
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Persistent inflation hindrance to economic growth, says expert

06.01.2025
An economic analyst, Dr Dominic Joshua, has said persistent inflation will hinder the country’s economic growth if not checked by the Bola Tinubu administration. In a statement on Saturday, Joshua said Nigeria’s inflation rate is projected to increase, drawing insights from the current economic landscape and the recently unveiled 2025 national budget. The economic analyst also...
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NICA backs FG on national credit guarantee company

06.01.2025
The National Institute of Credit Administration has expressed support for the planned National Credit Guarantee Company expected to come to life by the end of the second quarter of 2025. This was disclosed in a statement signed by NICA’s Registrar/Chief Executive Officer, Prof Chris Onalo, where he said the move would boost access to credit...
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$1tn undisclosed debt poses threat to low-income nations – IMF

06.01.2025
The International Monetary Fund has warned that undisclosed public debt, estimated at $1 trillion globally, poses a growing threat to economic growth in low-income nations already grappling with mounting fiscal challenges. In a blog post shared on its official X account on Thursday, the IMF warned that undisclosed government liabilities undermine accountability and increase the...
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NCAA to sanction more airlines over consumer complaints

06.01.2025
The Nigerian Civil Aviation Authority has disclosed plans to sanction more airlines for infractions related to consumer protection. This development follows recent enforcement actions taken against several carriers for unresolved complaints and non-compliance with regulatory directives. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, confirmed to Sunday PUNCH that further...
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Inflation, low productivity major economic threats – NESG

06.01.2025
The Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, has advocated for urgent sectoral reforms as Nigeria faces a tough road ahead. He pointed out that inflation, high interest rates, and sluggish sector growth continue to challenge economic stability and might linger this year if not adequately tackled. Yusuf offered an assessment of Nigeria’s...
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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
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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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