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AIICO Insurance disburses N68bn to annuitants

AIICO Insurance Plc has announced disbursing about N68.2bn to annuitants between 2019 and 2024 even as it received commendation from the annuitants for providing them with financial stability in their retirement. In a recent statement, the insurance firm revealed that its customers have declared it as a preferred annuity business manager in the country. The...
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FirstBank projects N1tn for SME funding in 2025

FirstBank has revealed its preparedness to disburse over N1tn in funding to drive the growth of small and medium-scale enterprises in Nigeria this year. This was disclosed at the SME Scale Up event, which was held on Friday in Lagos and brought together entrepreneurs from different sectors of the economy under the theme ‘Scale Up...
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Nollywood actress, Akindele, empowers female creatives

Nollywood actress Funke Akindele has trained female creatives on how to be successful in the country’s entertainment industry. Speaking at the training with the theme ‘The Creative Blueprint’ in Lagos on Friday, Akindele noted that it was her little way of encouraging young creatives on the way to becoming successful. “As a creative person aspiring...
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Julius Berger to complete P’Harcourt road in May

Julius Berger Nigeria Plc has disclosed that the Port Harcourt Road, Aba, will be completed before May 29, 2025. In a statement, it was noted that with the award of the contract for the reconstruction of the famous Port Harcourt Road, Aba, to Julius Berger Nigeria Plc, the lost hope that followed the sad deterioration...
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FG seeks $6.25bn annual investment to bridge housing deficit

The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over 28 million units. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this recently at the Renewed Hope Housing Public-Private Partnership Summit held in Abuja. Dangiwa emphasised that despite numerous housing policies...
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ASIS summit to focus on sustainable development

The Africa Social Impact Summit will focus on sustainable development and policy innovation as it returns for its fourth edition on July 10-11, organisers said in a statement on Sunday. Co-convened by the Sterling One Foundation and the United Nations Nigeria, the summit aims to drive practical solutions to Africa’s most pressing challenges, the organisers...
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Rep Urges Nigerians to Speak Out Against Oppression

A member of the House of Representatives, Awaji-Inombek Abiante, has urged Nigerians to speak out against all forms of oppression, regardless of biases. He made the call on Monday while reacting to remarks by the Chairman of the House Committee on Solid Minerals, Jonathan Gwefwi, who condemned the displacement of the original inhabitants of the...
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DisCos Collected N509.84bn Of N658.40bn Billed In Q4 2024

The Nigerian Electricity Regulatory Commission (NERC) has said the total revenue collected by all electricity distribution companies in Nigeria (DisCos) in Q4 2024 was ₦509.84 billion out of the ₦658.40 billion billed to customers. These were contained in NERC’s 2024 fourth quarterly report made available to Journalists on Monday, saying this translated to a collection efficiency...
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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...