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MBAN commends govt on N250bn mortgage fund

21.11.2024
The National Executive Council of the Mortgage Banking Association of Nigeria has commended the Federal Government for the approval of a N250bn Mortgage and Real Estate Investment Fund. Last week, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, announced the approval of MREIF, an initiative aimed at enhancing access to long-term...
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OPS worries as 61 companies exit Nigeria in four years

21.11.2024
Nigeria has seen a surge in company closures and relocations, driven by economic difficulties, currency fluctuations, and escalating operational expenses in recent years, JOSEPHINE OGUNDEJI, writes Nigeria’s business environment has been marred by a worrying trend in recent years, as both multinationals and local enterprises have been forced to either shut down or relocate their...
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Starlink suspends orders for residential kits in Nigeria

21.11.2024
The Nigerian Communications Commission’s delay in granting regulatory approval has prompted Starlink, Elon Musk’s satellite internet service, to suspend orders for its residential kits in Nigeria, the company has said. Residential kits, which include essential equipment such as a satellite dish, router, and cables, are crucial for home users to access Starlink’s satellite internet service....
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Afriland Properties appoints new executive director

21.11.2024
Afriland Properties Plc has announced the appointment of Olukayode Odebiyi as an Executive Director in the company. In a statement, the company said the move was part of Afriland’s ongoing efforts to enhance operational efficiency and expand its project portfolio in line with its vision of redefining the real estate landscape. It stated, “Olukayode, who...
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Lawyers vow to improve maritime laws

21.11.2024
The Nigerian Maritime Law Association has reiterated its commitment to improving maritime laws and practices in the country to boost confidence in Nigeria’s position within the international shipping community. The President of NMLA President, Mrs. Funke Agbor, SAN, stated this recently in Lagos during the association’s 15th Annual General Meeting. The AGM was themed, ‘Navigating...
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Stakeholders advocate satellite technology to tackle marine pollution

21.11.2024
Stakeholders have underscored the need for satellite technology to address marine pollution, detect oil spills, protect marine biodiversity, and ensure sustainable shipping across Africa. They also stressed the need for a robust local, national, and regional framework to monitor and mitigate oil pollution and other marine wastes, adding that preserving Africa’s maritime ecosystems requires collaboration,...
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Fidelity Bank plans N159m empowerment programme

21.11.2024
Fidelity Bank has announced the launch of the sixth edition of its flagship savings campaign, the Get Alert in Millions promo, aimed at empowering Nigerians with over N159m in cash prizes. Speaking at a press conference in Lagos on Wednesday, the Promo Committee Chairman, Ken Opara, stated that the initiative aligns with the bank’s commitment...
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Nigeria handles less cargo than neighbours – NPA

21.11.2024
The Nigerian Ports Authority has lamented that despite Nigeria’s population exceeding 200 million, the country handles less than two million twenty-foot equivalent units of cargo yearly, trailing behind neighbouring countries with populations under 15 million. It expressed concern over Nigeria’s underperformance in maritime trade compared to neighbouring countries with smaller populations yet handling significantly larger...
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Improve record-keeping on claims, shareholders urge SEC

21.11.2024
The Securities and Exchange Commission has been urged to improve the record-keeping process for shareholders in order to ease the claims of dividends. This comes as the SEC continues to address the issue of unclaimed dividends, which currently stand at N215bn. Speaking in an interview with our correspondent on Tuesday, the National Coordinator of the...
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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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