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FG plans 10,000 housing units for healthcare workers

The Federal Ministry of Housing and Urban Development has announced plans to build 10,000 housing units for healthcare workers across Nigeria under a new initiative called Renewed Hope Medic Cities. The spokesperson for the ministry, Salisu Haiba, disclosed this in a statement recently. The project is a collaboration between the Ministry, the Real Estate Developers...
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Lagos warns residents against violating estate regulations

The Lagos State Government has warned residents of government-owned estates against unwholesome practices by some of the residents in disregard of the rules and regulations as contained in their allocation letters. The Commissioner for Housing, Moruf Akinderu-Fatai, issued this warning in the wake of an enforcement carried out at Lateef Kayode Jakande Estate at Igando,...
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FBNQuest Asset Management gets Agusto & Co ‘A+’ rating

FBNQuest Asset Management, a subsidiary of FBN Holdings Plc., has been awarded an A+ rating by Agusto & Co. Limited in a recent report by the leading rating agency in Nigeria. According to a recent statement, the rating reflected the firm’s stable outlook, robust risk management, and strong investment capabilities. Commenting on the recognition, the...
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Parthian Partners takes financial literacy message to schools

To commemorate the International Day of Education, Nigeria’s first inter-dealer broker, Parthian Partners, took the message of financial literacy to public schools. In a statement on Sunday, the firm said that the programme was done under its Corporate Social Responsibility initiative, the ‘Smart Money Skills for Tomorrow Project.’ Launched in 2024, the SMSTP project is...
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Secure Electronic posts N118m loss

Secure Electronic Technology Plc has reported a loss of N118m for the 2024 financial year, despite a rise in gross income. The company’s accumulated loss grew to N2.56bn, up from N2.44bn in 2023. For the year ending December 31, 2024, the company saw its gross income increase by 24 per cent, from N3.50bn in 2023...
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US equities rise over $500bn AI project – Report

The United States equities market recorded a rally last week, driven by optimism surrounding a $500bn artificial intelligence “Stargate” project and other major investment commitments. Afrinvest reported that the market gained momentum despite weak economic data and concerns over less-dovish monetary policy signals. According to the report, “The US equities market surged, buoyed by positive...
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Firm to establish AI varsity in Lagos

Wini Group has secured support from Lagos State to establish Nigeria’s first university dedicated entirely to Artificial Intelligence in Epe. The institution, named Wini University, aims to position Nigeria as a leading player in global technological innovation. In a recent statement, Wini Group said the university would serve as a hub for technological advancement, equipping...
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Minister vows to complete housing projects in 20 states

The Minister of Housing and Urban Development, Ahmed Dangiwa, has outlined plans to complete national housing projects in 20 states, including the Federal Capital Territory, as part of his commitment to addressing Nigeria’s housing deficit. This initiative, he said, aligns with the presidential mandate of providing affordable housing for all Nigerians. In a statement issued...
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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...