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753 Housing Project Report Nears Completion

The internal committee set up by the Federal Ministry of Housing to review the 753-unit housing project linked to former CBN Governor Godwin Emefiele says its report is nearing completion. An official of the Ministry clarified that the committee’s work is strictly internal and unrelated to the ongoing case involving former Central Bank Governor Godwin...
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PWAN Debunks Fraud Claims: Full Documentation Unveiled

The Managing Director of PWAN Plus, Julius Oyedemi, has debunked online claims by real estate critic Scott Iguma, tagging them as a company that lacks proper documentation. The company, in a statement, noted that the real estate critic asserted that they sold receipts. It stated, “The online critic had further sent warnings to clients and...
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CBN Intervention & FPI Inflow Boost Curre

The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corporate demand pressures. Analysts also alluded the development to the resilience of the naira to foreign exchange inflows from foreign portfolio investors. Cordros...
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POS Transactions Surge, ATM Use Drops in Nigeria

Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023. This is according to data from the Central Bank of Nigeria’s quarterly statistical bulletin, which shows a continued migration from Automated Teller Machines to Point of Sale platforms for financial transactions across the country. The...
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FITC Urges Firms to Adopt Social Governance

The Financial Institutions Training Centre states that Nigerian and African businesses must adopt environmental, Social and governance principles to drive competitiveness and institutional resilience. According to a statement, the Managing Director/Chief Executive Officer of FITC, Chizor Malize, speaking in Lagos on Friday, ahead of the organisation’s inaugural Sustainability ESG Conference, scheduled to hold on June...
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BOI Unveils Sustainable Finance Framework

The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement on Saturday, BOI described the framework as a strategic blueprint that establishes a strong foundation for aligning the bank’s financing activities with global sustainability and leading environmental, social, and governance practices....
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15 Pregnant IDPs Deliver Babies In Camp, Says SEMA

No fewer than fifteen pregnant women who survived the armed herdsmen terrorists attack on Yelewata community in Guma local government area of Benue State currently staying at the temporary Internally Displaced Persons (IDPs) camp at the Makurdi International Market have delivered new babies. The Head of Administration of Benue NEMA, Dr. Donald Komgbenda, disclosed this...
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NPA Targets N1.28trn Revenue In 2025

The Nigerian Ports Authority (NPA) is projecting a revenue of ₦1.27 trillion in 2025, representing a 40 per cent increase from the ₦894.86 billion it realised in 2024. This ambitious target, the Authority says, is anchored on sweeping modernization efforts, the full activation of the Dangote Refinery’s marine operations, and the deployment of cutting-edge technology...
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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...