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Nigeria’s REIT Market Thrives on Rapid Urbanisation

12.01.2026
Nigeria’s REIT market, though still in its early stages, is gaining investor attention as rapid urbanisation and a growing population drive demand for income-generating real estate, according to a Knight Frank Real Estate report. The report indicated that Real Estate Investment Trusts have emerged as a transformative investment vehicle globally, allowing investors to access real...
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SERAP Sues INEC Over Missing N55.9bn Election Funds

12.01.2026
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Independent National Electoral Commission (INEC) for failure to account for “the missing or diverted N55.9 billion” budgeted for electoral materials for the 2019 general election. According to SERAP, the money was meant for the procurement of smart card readers, ballot papers, result...
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Nigeria real estate faces affordability crisis in 2025

12.01.2026
Stakeholders in the real estate sector have opined that rising inflation and worsening housing affordability in 2025 significantly undermined investment, construction activity, and demand across Nigeria’s real estate sector. In an exclusive interview, the Chief Executive Officer of McYouniverse Group, Michael Egbekoya, said the average national housing prices rose by an estimated 15 per cent...
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Despite Propaganda, I’ll Record Landslide Victory Over Adeleke

12.01.2026
The gubernatorial candidate of the All Progressives Congress (APC) in Osun State, Mr Bola Oyebamiji, has expressed confidence that he will convincingly defeat Governor Ademola Adeleke in the August 8 governorship election. Oyebamiji, who gave this assurance on Sunday, said regardless of what he described as propaganda by the current administration, the APC would record...
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Army Debunks Report On COAS Visit To P’Harcourt

12.01.2026
The Nigerian Army has dismissed as false and misleading a report alleging that the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, raised alarm over rising pipeline vandalism during his recent visit to Port Harcourt. In a statement issued on Sunday by the Acting Director, Army Public Relations, Colonel Appolonia Anele, the Army said...
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Eterna opens N21.5bn rights issue to drive expansion

12.01.2026
Eterna Plc, a leading integrated energy company, has officially opened its Rights Issue, marking a major milestone in its capital-raising programme and long-term growth strategy. The Rights Issue comprises 978,108,485 ordinary shares of 50 kobo each, offered at N22.00 per share, and is expected to raise approximately N21.52bn. The company said the exercise is aimed...
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Blue Diamond Opens Bonded Terminal in Imo for South-East

12.01.2026
The Blue Diamond Group has announced the expansion of its Uzotex Bonded Terminal operations to the South-East region of the country. In a statement on Sunday, the company’s Managing Director and Chief Executive Officer, Festus Mbisiogu, disclosed that a new bonded terminal has been established in Imo State. According to him, the terminal is part...
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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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