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Rising industrial demand boosts Lagos real estate sector

A new half-year real estate report released by Knight Frank Nigeria shows that easing inflation, stronger construction activity, and rising industrial demand shaped the performance of the Lagos property market in the second half of 2025. The Lagos Market Update H2 2025, unveiled at a media briefing in Lagos, indicated that moderating price pressures and...
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Truecaller & AnyMind Partner to Expand Global Ad Footprint

Truecaller has announced a strategic reseller partnership with AnyMind Group to accelerate the growth of its advertising ecosystem across the Middle East, Africa, and Southeast Asia. Under the collaboration, AnyMind Group will act as the exclusive reseller for Truecaller Ads across Egypt, the UAE, Qatar, Saudi Arabia, Israel, Ghana, Nigeria, Morocco, Malaysia, Singapore, and Vietnam,...
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TCN Shareholders Urge SEC to Act on Management Crisis

A group representing minority shareholders of the Tourist Company of Nigeria, the parent company of the Federal Palace Hotel, has appealed to the Securities and Exchange Commission to intervene in what it described as a lingering management crisis in the firm. The appeal was made during a protest at the SEC headquarters in Abuja by...
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UK-backed Lebara Enters Nigeria’s Telecom Market

Lebara Nigeria on Wednesday formally signalled its entry into Africa’s largest telecoms market, hosting a private soft launch and networking reception in Lagos in partnership with the UK’s Department for Business and Trade and the British High Commission. The event drew senior government officials, regulators, investors, and industry leaders, underscoring the diplomatic and commercial weight...
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Lilypond Customs Exports Hit $858m in Q4 2025 Report

The Nigeria Customs Service, Lilypond Export Command, says it processed export goods valued at $858m in the fourth quarter of 2025 and recorded a drastic reduction in cases of export rejections, particularly for agricultural products. Speaking during a media press briefing on Thursday, the Customs Area Controller in charge of the command, Samuel Ariyibi, said...
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AEDC Cuts Losses, Deploys Meters to Improve Power Supply

The Abuja Electricity Distribution Company has reduced its aggregate technical, commercial, and collection losses from about 42 per cent to 32 per cent within one year, as it intensifies metering, network upgrades, and embedded generation projects to improve power supply across its franchise area. Managing Director of the distribution company, Chijioke Okwuokenye, disclosed this on...
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Jumia Nigeria Targets Spending Rebound with Growth Campaign

Jumia is eyeing a spending rebound in Nigeria as it unveils a growth drive campaign to capture renewed consumer spending and embed e-commerce in the country as macroeconomic conditions stabilise. The company said its new campaign, themed ‘Just Jumia It’, underscores its shift from navigating economic headwinds to scaling operations and accelerating digital retail adoption...
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FCCPC Probes Nigerian Airlines for Fare Fixing Allegations

The Federal Competition and Consumer Protection Commission has uncovered patterns of price manipulation by some domestic airlines during the December 2025 festive season, raising fresh concerns about consumer exploitation and competition in Nigeria’s aviation sector, according to an interim review released by the agency on Thursday. It said the development raised fresh concerns over consumer...
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Nigeria Targets $1tn Economy with 12% Annual Growth

The Minister of State for Finance, Dr Doris Uzoka-Anite, on Wednesday said Nigeria must sustain annual economic growth of between 10 and 12 per cent over the next decade to achieve the $1tn economy target set by President Bola Tinubu. Uzoka-Anite, who was represented at the event by the Assistant Director of Information and Public...
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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...