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Ikoyi three-bedroom rent hits an average of N25m annually

06.01.2026
The average rent for a three‑bedroom apartment in Ikoyi, Lagos, has surged to about N25m annually, underscoring the mounting cost pressures in Lagos’ prime residential market, according to Volume 3 of the State of Lagos Housing Market report. The report disclosed that the past decade has marked a period of profound transformation for the Lagos...
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NEMA Urges Flood‑Prone Communities to Adopt Risk Reduction

06.01.2026
The National Emergency Management Agency has urged flood‑affected communities to adopt improved environmental practices and disaster risk reduction, describing it as a new national response paradigm. The NEMA Director‑General, Zubaida Umar, gave the charge recently while distributing relief materials to victims in the Ogoja and Yala Local Government Areas of Cross River State. Represented by...
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Key Events Shaping Aviation in Nigeria in 2025

06.01.2026
The aviation industry recorded mixed outcomes in 2025, marked by highs and lows. Although there were notable gains during the year, stakeholder grievances were also widespread. In this report, OLASUNKANMI AKINLOTAN highlights the key events that shaped the industry over the period Nigeria’s aviation sector faced a host of challenges last year, including rising airfares;...
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CIG Motors Fires Director Jubril Arogundade Over Scandal

06.01.2026
A financial scandal has rocked CIG Motors Co. Ltd following the termination of the appointment of its Executive Director, Jubril Arogundade, over allegations of financial misappropriation and abuse of authority. The company confirmed that the matter has been formally referred to the Economic and Financial Crimes Commission for further investigation. In a statement made available...
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Bitget Expands Beyond Crypto with TradFi Trading Launch

06.01.2026
Bitget, the world’s largest Universal Exchange, has expanded its platform beyond digital assets with the public launch of its traditional finance trading suite, allowing users to trade assets such as gold, forex, indices and commodities alongside cryptocurrencies. The move follows a private beta phase that recorded strong user demand and trading activity. Bitget said more...
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NGX market cap soars above N100tn in strong 2026 start

06.01.2026
The Nigerian Exchange opened the 2026 trading year on a strong footing, as renewed investor demand and broad-based buying across listed equities lifted total market capitalisation above the N100tn threshold, underscoring improving market sentiment and a positive start to the year. At the close of trading on Monday, the equities market capitalisation rose to N101.81tn,...
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BCPG Flags Major Lagos High-Rise Risks After Recent Fires

06.01.2026
The Building Collapse Prevention Guild, Lagos Island Cell, has raised concerns over the structural integrity and fire safety of high‑rise buildings on Lagos Island, following the recent GNI House fire incident. In a statement, the guild expressed grave concern over the recurring high‑rise fires on Lagos Island, most recently the fire incident at the Afriland...
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NRS on Nigeria Tax Reform: Brace for Anti-Tax Protests

06.01.2026
The Executive Chairman of the Nigeria Revenue Service, formerly the Federal Inland Revenue Service, Zacch Adedeji, has asked security agencies to be on alert over planned nationwide protests against the new tax law “I’m using this time to call all the security agencies to be on alert,” he said in an interview on Arise Television...
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OICL appoints Abiodun Bamiduro as new Group CFO

06.01.2026
The Board of Odu’a Investment Company Limited has appointed Mr Abiodun Bamiduro as an Executive Director and Group Chief Financial Officer, effective January 2, 2026. Bamiduro, a Fellow of the Institute of Chartered Accountants of Nigeria, is promoted from within, having served as the Group’s Financial Controller since 2021. During his tenure as Financial Controller,...
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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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