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Inflation Hits Pension Returns, TrustFund Boss Warns

The Managing Director and Chief Executive Officer of TrustFund Pensions Limited, Mr Uche Ihechere, has said that inflationary pressures and naira depreciation are undermining the real value of pension returns, despite improved performance across the industry. Ihechere, who spoke to journalists after the company’s Annual General Meeting held in Abuja on Saturday, stated that although...
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AGCOMS Highlights Key to Nigeria’s Agricultural Transformation at NAMPO

The Chief Executive, AGCOMS International Trading Limited, Chijioke Okoli, has said the country’s exposure to advanced mechanisation technology and adoption of global best practices remained key to transforming the agricultural landscape. He noted that despite Nigeria’s current historic low mechanisation level, the strong focus of President Bola Tinubu’s administration on increasing tractor usage increases the...
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FG Unveils Plan for 77,400 Housing Units Nationwide

The Federal Government has announced a landmark initiative under the Renewed Hope Agenda to deliver 77,400 social housing units across Nigeria and launch new Renewed Hope Cities in Lagos, Abuja, and Kano in a move to tackle the country’s housing deficit. This was disclosed by the Minister of State for Housing and Urban Development, Yusuf...
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Access ARM Pensions Profit Soars 187% to N10.9bn

Access ARM Pensions has recorded a 187 per cent surge in profit after tax to N10.9bn as its Assets Under Management also climbed to N3.5tn. This was disclosed at its Annual General Meeting held on Friday in Lagos. In the year under review, Access ARM Pensions posted revenue of N28.2bn, more than double the N12.3bn...
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Untitled Properties Hamper Mortgage Loans, Say Operators

Operators have disclosed that nearly 70 per cent of properties in Nigeria are untitled, preventing many homeowners from accessing mortgage loans and limiting investment in the real estate market. In an interview with The PUNCH, the Executive Secretary of the Association of Housing Corporations of Nigeria, Toye Eniola, said that most land and properties in...
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NASD Capitalisation Hits N1.9tn Amid Market Growth

The market capitalisation of the NASD Over-the-Counter Securities Exchange rose to N1.90 tn at the close of trading on Friday, May 30, 2025, marking a notable increase from N1.87 tn recorded the previous week. This upward movement in value came as the NASD Securities Index gained 1.86 per cent week-on-week to close at 3,248.00 points,...
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Top Tips to Grow a Successful Side Hustle in 2025

The Nigerian economy currently faces numerous challenges, from inflation and unemployment to rising living costs. Many Nigerians are turning to side hustles, part-time jobs or small businesses done alongside their main jobs to create extra income and build financial security. TEMITOPE AINA highlights practical steps to cope with economic uncertainties and pursue a side hustle...
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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...