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FG budgets N10m for Abuja second runway after N532bn bid

20.01.2026
Confusion continues to surround the construction of the second runway at the Nnamdi Azikiwe International Airport, Abuja, with uncertainty over the actualisation of the project. Discussions around the project peaked in 2025 when its estimated cost reached N532bn. However, the seriousness of the government’s commitment came under scrutiny after the Ministry of Aviation and Aerospace...
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HR executive Azeez gets IFTDO board appointment

20.01.2026
The President and Chairman of the Governing Council of the Institute of Leadership Coaching and Strategy, Dr Olasunkade Azeez, has been appointed a member of the International Federation of Training and Development Organisations Board’s Committee on International Conference and Certification, effective January 2026. The appointment was confirmed in a statement signed on Monday by IFTDO...
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Mutual Benefits Chairman Sells 850,000 Shares

20.01.2026
The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi, a substantial shareholder, trimmed his stake while remaining one of the company’s key shareholders. The...
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FG Raises NALDA’s Budget Allocation to N25bn for 2026

20.01.2026
The National Agricultural Land Development Authority, an agency of the Federal Government, has received a significant boost in the 2026 Appropriation Bill, with a total allocation of N25bn, up from N7.43bn in 2025. In 2025, NALDA’s allocation was entirely for capital expenditure, primarily for land acquisition, land clearing, and the purchase of agricultural equipment, aimed...
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Nigeria’s 2026 Poverty Alleviation Budget is Below 1%

20.01.2026
The Federal Government plans to spend about N206.50bn on poverty alleviation-related projects in the 2026 budget, an amount that represents far below one per cent of the total N58.47tn spending proposal submitted to the National Assembly. A review of project-level data from the 2026 Appropriation Bill shows that all items directly tagged to poverty alleviation...
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RMB Guides Helios on Landmark Axxela Equity Sale

20.01.2026
Rand Merchant Bank has announced that it acted as the Exclusive Financial Adviser to Helios Investment Partners on the completed sale of its 75 per cent equity interest in Axxela Limited to BlueCore Gas InfraCo Limited. In a statement on Sunday, RMB, which is a division of FirstRand Bank Limited, also indicated that as part...
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Insurance upgrades in Nigeria need more than capita

20.01.2026
Industry experts have said that Nigeria’s ongoing insurance recapitalisation must be matched with deliberate investments in skills, technology and market expansion to deliver real value to the economy and the public. Speaking on the state of the industry, former President of the Chartered Insurance Institute of Nigeria, Edwin Igbiti, said the current phase calls for...
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Access ARM Pensions Assets Exceed N4tn After Merger

20.01.2026
Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents a significant increase from less than N3tn AUM recorded at the completion of the merger in October 2024. Since then, the combined...
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SUNU Group Honors Founder’s Legacy on 3rd Anniversary

20.01.2026
The SUNU Group has marked the third anniversary of the passing of its founder, Mr Pathe Dione, across its operational footprints in Africa. According to a statement from the Nigerian arm of the company, the commemoration, which took place from Nigeria to the other 16 African countries where the Group operates, saw SUNU employees converge...
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UBA Foundation Supports 100,000 Across Nigeria and Africa

20.01.2026
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa Plc, has distributed essential materials worth several millions of naira and dollars to school students, orphanages, internally displaced persons camps, and vulnerable communities across Nigeria and 19 other African countries where the bank operates. As part of its Food Bank and Giving Back...
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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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