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Coronation Infrastructure Fund Lists on Nigerian Exchange (N

07.08.2025
Coronation Asset Management Ltd, a subsidiary of Coronation Group, is set to list the Coronation Infrastructure Fund on the Nigerian Exchange Limited. According to a statement from the firm on Wednesday, the move follows the Fund’s record-setting debut as Nigeria’s highest-ever Series I capital raise for a local infrastructure fund, with N8.79bn secured from institutional...
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Tinubu Orders Pension Increase, Free Healthcare for Retirees

07.08.2025
President Bola Tinubu has ordered the immediate implementation of overdue pension increases and the rollout of free healthcare access for low-income retirees under the Contributory Pension Scheme. The directive, which forms part of the administration’s broader social protection agenda, was issued after a briefing by the Director-General of the National Pension Commission, Ms Omolola Oloworaran,...
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Counterfeit Computers Scandal Rocks Nigerian Tech Industry

07.08.2025
Nigeria’s information technology regulator is facing backlash from local computer manufacturers who say counterfeit devices are undermining the government’s push to promote domestic tech production. The Certified Computer Manufacturers of Nigeria accused contractors working under the supervision of the National Information Technology Development Agency of supplying cloned versions of “SPEEDSTAR” laptops, a PC brand developed...
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KWAM 1 Disputes FAAN’s Airport Incident Allegations

07.08.2025
Renowned Fuji musician, King Wasiu Ayinde Marshal, popularly known as KWAM 1, has pushed back against allegations surrounding an incident at the Abuja airport, as the Federal Airports Authority of Nigeria has launched a probe into the matter. On Wednesday, FAAN announced that it had launched an investigation into an incident involving Ayinde Marshal concerning...
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Lasaco Assurance Pledges Continuous Improvement at Customer

07.08.2025
Lasaco Assurance Plc has reiterated its commitment to continuous improvement in its operations and sustaining its market leadership. This call came at the recently held 2025 South West Region Customers’ Forum, an event designed to deepen collaboration with its diverse stakeholders, including valued customers, brokers, and business partners. The forum served as a platform for...
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Not Structural, Says Minister |

07.08.2025
The Minister of Works, David Umahi, has said that the crack on the Lagos-Calabar Coastal Highway is not a structural failure, stating that he has received over 500 messages from Nigerians about the crack that was noticed on the road. This was as he announced that the government needs a total sum of N3tn to...
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Nigeria to License 220 Oil Blocks: NUPRC Opens Bidding

07.08.2025
The Nigerian Upstream Petroleum Regulatory Commission has said that the 220 open oil blocks scattered in various onshore and offshore basins across the country would be handed to concessionaires after periodic bid rounds and conditions are met. The PUNCH had on Monday reported that Nigeria currently has 220 open oil blocks scattered across its onshore...
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Nascon’s Profit Soars 222% to N15.6bn in H1 2025

07.08.2025
Nascon Allied Industries Plc has recorded a profit of N15.6bn for the half year ended June 30, 2025, representing a 222 per cent increase compared to the N4.8bn posted in the corresponding period of 2024. The company’s revenue rose by 55 per cent to N78.2bn from N50.4bn in the same period last year, according to...
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Nigeria Telecom Investment Dips 58%, NCC Plans Reforms

07.08.2025
Nigeria’s telecoms regulator has introduced a new governance framework for operators, as the country’s telecom sector recorded a sharp decline in foreign direct investment in the first quarter of 2025. The new rules, unveiled by the Nigerian Communications Commission on Wednesday, seek to strengthen board oversight, risk management, and transparency across Nigeria’s $70bn telecommunications industry,...
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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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