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FG Launches N100m For Affordable Housing

11.02.2025
As part of the effort to expand affordable housing to Nigerians, the Federal Government has launched a N100 billion private sector fund for real estate. The project which is being spearheaded by the Ministry of Finance Incorporated (MOFI) and the Real Estate Investment Fund (MREIF) represents the second phase of funding under the programme. MREIF...
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Edo Deputy Gov Clarifies Issues On Over Voting In Ovia

11.02.2025
Edo State Deputy Governor, Hon. Dennis Idahosa, has addressed claims made by the People’s Democratic Party (PDP) regarding overvoting in Ovia during the governorship election. Idahosa who made this clarification on Monday said the areas with overvoting were cancelled and not included in the overall result. The Deputy Governor, while speaking after the tribunal session...
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IFRS 17 boosts transparency in insurance – Fitch

11.02.2025
International rating agency Fitch Ratings has said that the implementation of IFRS 17 has been a significant step towards increasing transparency and comparability in insurers’ financial statements. In a new report on its website, Fitch stated that although IFRS 17, effective since January 1, 2023, has not achieved full comparability, the financial statements of insurers...
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Reps C’ttee Adopts NAICOM, NDIC’s 2025 Budget Estimates

11.02.2025
The House of Representatives Committee on Insurance and Actuarial Matters has adopted the 2024 budget performance and the 2025 budget estimates of the National Insurance Commission (NAICOM) and the Nigeria Deposit Insurance Corporation (NDIC). The budget estimates were separately adopted after presentations by the Commissioner for Insurance, Olusegun Ayi and the Managing Director of NDIC,...
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No Court Order Stopping LG Election

11.02.2025
The Chairman of the Osun State Independent Electoral Commission (OSSIEC), Hashim Abioye has confirmed that the Local Government election will hold as scheduled on Saturday, February 22, 2025. According to the commission chairman, “There is no order of any court stopping the conduct of the election already scheduled by the Commission to hold on 22nd...
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Nigeria’s data privacy breaches surge amid regulatory pressure

11.02.2025
SAMI TUNJI examines the surge in data privacy breaches in Nigeria, highlighting concerns over increasing cyber threats, non-compliance with the Nigeria Data Protection Act, and inadequate enforcement by regulators Nigeria has witnessed a sharp increase in cases of data privacy breaches despite heightened regulatory oversight by the Nigeria Data Protection Commission. The recently released 2024...
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Pro-Fubara Lawmaker, Jumbo Remains Rivers Speaker

11.02.2025
The Opposition Coalition has said the Supreme Court’s Monday ruling did not invalidate the position of Oko Jumbo as the Speaker of the Rivers State House of Assembly. The spokesperson of the coalition, Ikenga Ugochinyere, who briefed the media in Abuja said contrary to insinuations in certain quarters, Oko Jumbo was still in charge of...
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Customs FOB charge to impose N2.84tn burden – NECA

11.02.2025
The Nigeria Employers’ Consultative Association has warned that the newly introduced four per cent Free On-Board valuation on imports by the Nigeria Customs Service will impose an additional N2.84tn in costs on businesses, worsening economic hardship for Nigerians. In a statement on Sunday, Director-General of NECA, Adewale Oyerinde said that with the country’s annual imports...
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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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