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Pay Baggage Delay Compensation Now

The Nigerian Civil Aviation Authority has issued a strong warning to both local and international airlines operating in the country, insisting on full compliance with the First Need compensation policy for passengers affected by short-landed baggage or risk sanctions. Short-landed baggage refers to checked-in luggage that is mistakenly left behind at the departure airport and...
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NCGC Launches Initiative to Boost SME Lending in Nigeria

The National Credit Guarantee Company has launched a stakeholders’ engagement forum to boost credit access for Micro, Small, and Medium Enterprises, local manufacturers, and credit consumers. The company’s Managing Director, Mr Bonaventure Okhaimo, said the initiative is aimed at de-risking lending and expanding access to finance for underserved sectors. According to Okhaimo, the NCGC has...
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African Maritime Development Needs Domestic Capital

The Regional Maritime Development Bank has called for an urgent need for the mobilisation of domestic capital to support the development of Africa’s critical sectors. In a statement, the President and Chief Executive Officer of RMDB, Mr Adeniran Aderogba, stated this in Abuja at the African Natural Resources and Energy Investment Summit. According to the...
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Edun to NDIC Management: Deliver on Mandates

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation to bring their diverse experience to bear on the running of the corporation. According to a statement signed by the NDIC Head of the Communication & Public Affairs Department, Hawwau...
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Reps Probe 25 Insurance Firms: Sector on Edge

The House of Representatives committee’s probe of over 25 insurance firms has unsettled the industry, with stakeholders not only questioning the legitimacy of the probe but also concerned about the impact on the reputation of the industry, which is already dealing with poor public perception. OLUWAKEMI ABIMBOLA writes Last Monday, the House of Representatives’ Subcommittee...
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Rex Launches Digital Platforms for Easy Motor Insurance

Rex Insurance has launched new digital platforms designed to ease motor insurance purchases for its customers and expand market reach. In a statement over the weekend, Rex Insurance said that the newly launched digital platforms, comprising an e-portal and website, allow customers to purchase all Rex Insurance motor insurance policies with ease and transparency. The...
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Nigeria’s Real Estate Sector Surges to N41.3tn, Boosts Econo

Stakeholders have commended the recent GDP rebasing, noting that the real estate sector’s valuation has climbed to N41.3tn, highlighting its rising contribution to the nation’s economy. The contribution of Nigeria’s real estate sector to the economy surged to N41.3tn in 2024, making it the country’s third-largest economic sector, behind only trade and crop production. This...
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Nigeria’s Social Housing Plan to Create 2M Jobs

The Federal Government has set a goal to generate over two million jobs across Nigeria through its Renewed Hope Social Housing Programme, aimed at addressing the country’s housing deficit and creating economic opportunities for citizens. This was revealed by the Minister of Housing and Urban Development, Ahmed Dangiwa, during a working session with the House...
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Gombe Approves N1.6bn for Solar Streetlights Project

The Gombe State Executive Council on Monday approved the installation of solar streetlights for 11 kilometres at about N1.06 billion. Disclosing this to journalists shortly after the end of the 49th SEC meeting presided over by Governor Muhammadu Yahaya, the Commissioner for Trade, Industry and Tourism, Nasiru Aliyu, said the solar streetlights would improve night...
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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...