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Regency Alliance Posts N422.6m Q1 Profit in 2025

08.09.2025
Regency Alliance Insurance Plc has recorded a profit after tax of N422.63m for the first quarter ended March 31, 2025, marking a decline from the N558.28m posted in the corresponding period of 2024. The company’s unaudited financial statements filed on the Nigerian Exchange recently showed that total insurance revenue rose to N2.8bn in the period...
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Rent Control Bill Urged by HDAN to Tackle Abuja Housing Cris

08.09.2025
The Housing Development Advocacy Network has raised strong concerns over the rising cost of rent and agency fees in the Federal Capital Territory, urging the National Assembly to intervene with urgent legislation to address the growing crisis. In a statement, the advocacy group urged the government to prioritise incentives for developers to construct low-cost housing...
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Lagos Luxury Rentals Soar to N38M Yearly

08.09.2025
Lagos prime two-bedroom rentals have surged to N38m annually, according to Northcourt’s H1 2025 Nigeria Real Estate Market Review. The report revealed that luxury prices have risen consistently in the past 18 months, with one-bedroom flats selling for N180m, while Old Ikoyi three-bedroom units now average between N700m and N1.2bn. According to the report, high-value...
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CreditPro Gets CBN Approval to Expand SME Lending in Nigeria

08.09.2025
CreditPro Finance Company Limited has secured approval from the Central Bank of Nigeria to operate as a licensed finance company, a move that positions it to expand lending to small and medium-sized enterprises nationwide. The licence, announced at the company’s unveiling ceremony in Lagos over the weekend, marks a turning point for the six-year-old lender,...
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United Nigeria Airlines Acquires Six Boeing 737 Jets

08.09.2025
The United Nigeria Airlines has signed an aircraft acquisition agreement with the United States-based Southwest Airlines for the purchase of six Boeing 737-800 aircraft, marking a milestone in the carrier’s fleet expansion move. The deal, announced at a formal signing ceremony held at Southwest Airlines’ corporate headquarters in Dallas, Texas, is to position United Nigeria...
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IATF 2027 to Boost Nigeria’s Trade and Investment

08.09.2025
The Organised Private Sector in Nigeria has said the hosting of the Intra-African Trade Fair 2027 in Lagos will boost trade, strengthen local enterprises, and attract significant investment into the country. In separate statements, private sector groups, including the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Lagos Chamber of Commerce...
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NGX Restores Trading Rights to Universal Insurance

08.09.2025
The Nigerian Exchange Limited has restored trading rights to Universal Insurance Plc following the company’s compliance with its filing obligations. In a notice to the market on Wednesday, the Exchange announced that the suspension earlier placed on the insurer’s shares had been lifted, allowing shareholders and investors to resume trading on the NGX platform. The...
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Nigeria Construction Boom: State-Backed Growth Fuels $108Bn

08.09.2025
Rising government expenditure on housing and infrastructure is spurring growth in Nigeria’s $108bn construction industry, with the Big 5 exhibition spotlighting investment opportunities in the construction sector. In a statement, it was noted that Big 5 Construct Nigeria will run in Lagos from September 23 to 25, supporting the country’s $108 bn construction market. It...
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Tafawa Balewa Square to Unveil Remembrance Arcade, Garden

08.09.2025
The Tafawa Balewa Square Management Board has disclosed that it will inaugurate the Remembrance Arcade and Independence Garden in October as part of efforts to preserve national heritage and provide a befitting venue for civic events. While speaking with The PUNCH, the Managing Director of the Tafawa Balewa Square Management Board, Lucia Shittu, explained that...
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Nigeria Woos EPC Firms Back to Revitalized Oil Sector

08.09.2025
The Federal Government has called on major Engineering, Procurement and Construction firms to return to Nigeria’s oil and gas industry, insisting that the challenges that once forced them out have been dismantled through reforms and fresh incentives. The call was contained in a press statement by the Special Adviser on Media and Communication to 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
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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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