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Stringent verification processes delay death benefit payments – PenCom

21.04.2025
The National Pension Commission has attributed the delays often experienced by beneficiaries of deceased pension contributors to the rigorous verification processes carried out by Pension Fund Administrators to avoid wrongful payments. Speaking at the recent Crusader Sterling Pensions Limited Stakeholders Forum in Lagos, the Principal Manager at PenCom’s South-West Zonal Office, Ladi Ishola, emphasised that...
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Presidency budgets N10bn for solar power

21.04.2025
The State House has allocated the sum of N10bn in the 2025 approved budget for the installation of a solar mini-grid at the Presidential Villa, The PUNCH reports. This follows an increase in the overall budgetary allocation to the State House Headquarters, which rose from N47.11bn in the initially proposed 2025 budget to N57.11bn in...
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Nigerian entrepreneur wins tech award

21.04.2025
Nigerian entrepreneur Solape Akinpelu has won the 2025 Aurora Tech Award, becoming the first recipient to clinch the prize for two consecutive years. Akinpelu, the founder of fintech platform Hervest, was announced as the winner of the $30,000 top prize during the final event held in Cairo between April 11 and 13. She follows in...
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FG partners UK on gas sector framework

21.04.2025
The Federal Government has taken a step towards strengthening its gas sector regulatory framework through a partnership with the United Kingdom’s Office of Gas and Electricity Markets. A statement on Sunday said the partnership was sealed during a high-level meeting in London between the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, and officials from...
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FG threatens to blacklist non-performing contractors

21.04.2025
The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged developers handling Renewed Hope Housing Projects nationwide to ensure timely delivery and strict adherence to quality standards. In a statement by the housing ministry’s Director, Press and Public Relations, Salisu Haiba, the minister warned of blacklisting non-performing contractors and demolition of substandard works. Speaking...
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CBN, NGX unveil reforms to attract global capital

21.04.2025
Nigeria’s financial regulators and market operators gathered at the Nasdaq MarketSite in New York recently to present the country’s economic outlook, focused on reforms aimed at attracting global capital. In a statement made available to our correspondent on Sunday, the event, hosted by the Central Bank of Nigeria in partnership with the Nigerian Exchange Group,...
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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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