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NLC Alleges N20bn Procurement Scandal in TCN

09.03.2026
The Nigeria Labour Congress has petitioned the Federal Government over what it described as a planned N20bn “emergency refurbishment” contract within the Transmission Company of Nigeria, warning that the move could drain public funds and further weaken the country’s fragile electricity transmission infrastructure. In a letter sent Sunday to the Minister of Power, Adebayo Adelabu,...
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Champion Breweries Meets NGX Free Float Requirement

09.03.2026
Champion Breweries Plc has announced that it has achieved full compliance with the minimum free float requirement for companies listed on the Main Board of the Nigerian Exchange Limited. The company disclosed in a statement that it received confirmation from NGX Regulation Limited that its free float has now risen above 20 per cent, meeting...
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Nigeria LNG cargo diverted to Asia amid price surge

09.03.2026
A cargo of liquefied natural gas from Nigeria has been diverted to Asia after a surge in regional prices created an arbitrage opportunity for traders, according to a report by Reuters. Data from analytics firm Kpler showed that the LNG tanker BW Brussels, which loaded a shipment at the Nigeria LNG Bonny Island Terminal on...
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Why Biometric Verification is Replacing Passwords & SMS Toke

09.03.2026
The Chief Executive Officer and Co-founder of Identy.io, Jesús Aragón, explains why passwords and SMS tokens are failing, and why biometrics is emerging as the most reliable identity verification method in this interview with OKECHUKWU NNODIM Briefly tell us about Identy.io Identy.io is a US-based company, but we operate globally. Our teams are deployed across...
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Sterling Bank offers 20-year affordable housing loans

09.03.2026
Sterling Bank has formally entered into a partnership with the Ministry of Finance Incorporated Real Estate Investment Fund to launch a new, long-term mortgage initiative. This is a move aimed at reducing the nation’s significant housing deficit. The agreement, sealed at Sterling Bank’s headquarters in Lagos, promises to expand homeownership opportunities for a wide range...
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Minister on Women in Leadership and Strategy

09.03.2026
The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has called on Nigerian women to approach leadership, influence, and economic participation with deliberate strategy and long-term thinking. She made the call during a fireside conversation at the #VioletsForHer International Women’s Day event, hosted by i-Invest in Lagos, where leaders from finance, media, law, and...
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FAAC Gets N11.5bn for 2026 Budget Planning Operations

09.03.2026
The Federation Account Allocation Committee has approved the transfer of N11.5bn from the 0.5 per cent Stabilisation Fund to finance the operations of its sub-committees working on preparations for the 2026 national budget framework, according to official documents obtained by The PUNCH. According to a document on the 0.5 per cent Stabilisation Fund Account as...
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Geo-Fluids gets N25bn approval for energy transition plan

09.03.2026
Shareholders of Geo-Fluids Group Plc have officially greenlit a N25 bn capital boost to drive the company’s ambitious transition into a diversified hydrocarbon and mining conglomerate. The restructuring, confirmed in a statement issued on Sunday, marks a definitive pivot from the company’s legacy as a specialised oilfield services provider to a broader energy holding entity....
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Why Women in Housing are Key to Sector Growth in Africa

09.03.2026
The Africa Women in Housing and Construction has called for deliberate actions to create more opportunities for women in Africa’s housing and construction sector. It stated that greater inclusion is essential for the continent’s economic growth and sustainable urban development. The group made the call in a statement issued in Abuja on Sunday to mark...
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Lagos rents rise as housing supply tightens

09.03.2026
A report by Knight Frank has revealed that although headline inflation eased in the second half of 2025, residential rents in Lagos continued to rise, with notable increases recorded in some locations compared with H2 2024. According to the report, presented recently during the H2 2025 edition of the Lagos Market Update, sustained rental growth...
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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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