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AFRES Moves to Curb Illicit Investment in African Real Estat

The African Real Estate Society has initiated efforts to curb illicit investment flows in property development across Sub-Saharan Africa. The President of the African Real Estate Society, Nigerian Chapter, Adekunle Awolaja, recently raised an alarm during the press briefing of its 24th annual conference over what he described as “criminal elements” exploiting the sector to...
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Keystone Bank Renovates Akwa Ibom School

Keystone Bank Limited has officially handed over a fully renovated and equipped block of classrooms to Community Comprehensive Secondary School, Four Towns, Uyo, Akwa Ibom State, as part of its Educational Support Initiative. According to a statement on Sunday, the commissioning ceremony held at the school premises brought together government officials, Keystone Bank executives, community...
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FG to Submit Proposal to NASS by September 2025

The Federal Government has disclosed plans to submit the 2026 national budget to the National Assembly by September 2025. This was contained in the 2026 Personnel Cost Budget Call Circular obtained from the website of the Budget Office of the Federation by The PUNCH on Sunday. Signed by the Director-General of the Budget Office of...
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Nigerian Stock Market Tumbles N2.29tn in Weekly Loss

Investors on the Nigerian Exchange witnessed a sharp decline in market activity as the All-Share Index depreciated 2.51 per cent to close at 141,004.14, while market capitalisation fell to N89.209tn, representing a loss of N2.29tn. Last week total turnover dropped to 4.773 billion shares worth N107.426bn in 152,965 deals compared with 8.564 billion shares valued...
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$44 Billion Intra-African Trade Deals Expected

The African Export-Import Bank, Afreximbank, has officially announced Tropical General Investments Group as the premier partner for the 2025 edition of the Intra-African Trade Fair, an event analysts have projected to generate over $44bn in trade and investment deals, reinforcing its status as Africa’s premier trade and investment platform. In a statement on Sunday, the...
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Wema Bank Exceeds Recapitalization Target with N157bn Rights

Wema Bank Plc has surpassed its recapitalisation target following the successful conclusion of the first phase of its capital-raising exercise, securing N157bn through a rights issue. The digital-driven lender, which had set out to shore up its regulatory capital in line with the Central Bank of Nigeria’s recapitalisation directive, said the investor response reflects confidence...
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FITC Launches Credit Academy to Boost Nigeria’s Finance Sect

The Financial Institutions Training Centre has launched its Credit Academy, an initiative aimed at nurturing highly skilled credit professionals to drive growth and sustainability in Nigeria’s financial services sector. According to a statement by FITC on Sunday, the academy is part of its broader mission to support institutional resilience and economic development. The initiative is...
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MAN Demands Priority for Nigerian Firms in Lagos Airport Fen

The Manufacturers Association of Nigeria has urged the Federal Government to ensure that indigenous manufacturers supply fencing materials for the Lagos airport perimeter fencing project, warning against importing Clear Vu fencing from outside the country. In a statement, MAN commended the Federal Government’s infrastructure initiatives but stressed that the ongoing procurement for the Murtala Mohammed...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...