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Foundation empowers parents with N48m

27.01.2025
Oyetty Foundation for Special Parents said it spent N48.5m in 2024 on the empowerment of parents of children with special needs in the country, the foundation disclosed in a statement over the weekend. Speaking during its second anniversary in Lagos, the founder of the organisation, Oyetola Akande, said the amount spent was to help the...
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Baobab supports SMEs with over N323bn loans

27.01.2025
Baobab Microfinance Bank has reaffirmed its commitment to empowering small and medium-sized enterprises and micro-entrepreneurs across Nigeria by disbursing loans worth over N323bn to more than 407,000 customers. Baobab said in a statement that it has positioned itself as a key player in fostering economic growth, job creation, and innovation in Nigeria through its financial...
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Telecom regulators hail Nigeria’s spectrum management initiatives

27.01.2025
Telecommunications regulators from West Africa and the Caribbean have identified Nigeria’s spectrum management initiatives as a model to drive regional growth and innovation. This decision emerged from a high-level meeting between the West Africa Telecommunications Regulators Assembly and the Caribbean Telecommunications Union held recently in Abuja, Nigeria. The meeting focused on aligning policy frameworks, harmonising...
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FG 90,000km fibre project to serve 12m people – USTDA

27.01.2025
The US Trade and Development Agency said Nigeria’s 90,000-kilometre fibre-optic infrastructure project will connect 12 million people to affordable and reliable internet services, marking a significant milestone in bridging the country’s digital divide. Speaking on the initiative during the Nigeria Economic Breakfast Meeting organised by Eventhrive recently in Lagos, USTDA’s Country Representative for West Africa,...
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Oil theft responsible for most crude spills – NOSDRA

27.01.2025
Despite the government’s allocation of substantial financial resources to tackle the persistent issue of oil theft, a staggering 2,654 incidents were recorded between 2021 and 2024 as successful oil theft cases, Sunday PUNCH reports. The figures showed that oil theft cases represent 84 per cent of the primary causes behind the oil spill incidents recorded...
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Guinness Nigeria posts 82% revenue growth

27.01.2025
Guinness Nigeria Plc has reported a revenue increase of 82.2 per cent for the six months ended December 31 2024. The company’s revenue grew from N142.6bn in the first half of 2024 to N259.6bn. In a statement made available to our correspondent on Saturday, the company stated that despite rising costs and inflationary pressures, it...
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FG plans 10,000 housing units for healthcare workers

27.01.2025
The Federal Ministry of Housing and Urban Development has announced plans to build 10,000 housing units for healthcare workers across Nigeria under a new initiative called Renewed Hope Medic Cities. The spokesperson for the ministry, Salisu Haiba, disclosed this in a statement recently. The project is a collaboration between the Ministry, the Real Estate Developers...
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Lagos warns residents against violating estate regulations

27.01.2025
The Lagos State Government has warned residents of government-owned estates against unwholesome practices by some of the residents in disregard of the rules and regulations as contained in their allocation letters. The Commissioner for Housing, Moruf Akinderu-Fatai, issued this warning in the wake of an enforcement carried out at Lateef Kayode Jakande Estate at Igando,...
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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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