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Simi signs five-year endorsement deal with MOL Tech

22.12.2025
Singer and songwriter Simi has signed a five-year endorsement deal with Nigeria’s MOL Tech Accessories. According to a statement made available to The PUNCH over the weekend, it was revealed that the partnership will birth the launch of MOL x SYMS, a collaboration that blends technology, lifestyle, and culture in fresh and innovative ways. Speaking...
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Nigeria’s Hospitality Sector to Add 3,700 Hotels by 2029

22.12.2025
Nigeria’s hospitality sector is poised to deliver over 3,700 new hotel rooms between 2026 and 2029, signalling renewed growth and investment in the industry. This is according to a report by Estate Intel, which further stated that an uncertain business environment has limited the delivery of new stock into the market and pushed completion dates...
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PenCom Launches Retiree Healthcare Initiative for Seniors

22.12.2025
The National Pension Commission, in collaboration with licensed pension fund operators, has rolled out a healthcare scheme as part of its corporate social responsibility efforts targeted at low-income retirees. OLUWAKEMI ABIMBOLA explores the initiative, which seeks to ease retirees’ medical expenses, estimated at about 70 per cent of their costs, while safeguarding their dignity in...
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Govt Backs Elizade JAC, Boosts Nigerian Auto Manufacturing

22.12.2025
In what has been described as an endorsement of Nigeria’s growing automotive manufacturing sector, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has conducted an extensive tour of Elizade JAC Autoland’s facilities in Lagos, including the company’s headquarters and its expanded Ikotun assembly plant. In a statement on Sunday, the company explained that...
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FG Mulls 50% Nigerian Textile Sector Upgrade to Boost Indust

22.12.2025
The Federal Government is considering modernising 50 per cent of Nigeria’s operational textile capacity with state-of-the-art equipment within five years as part of a broader revitalisation agenda. This follows a recent report by The PUNCH that textile imports rose to N814.27bn in the first nine months of 2025, despite the government’s promises to turn the...
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ALPi expands into Angola, deepens Pan-African footprint

22.12.2025
Africa Law Practice International Group (ALPi Group), a Pan-African corporate and commercial law firm, has announced the opening of a new office in Luanda, Angola, marking its first entry into a Lusophone African jurisdiction and a major milestone in its continental expansion strategy. The new office, ALPi Angola, according to a statement on Sunday, is...
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Nigeria’s Vehicle Recycling Market to Generate N150bn Annual

22.12.2025
The Federal Government has announced plans to tap into Nigeria’s largely informal vehicle recycling market, projecting annual revenues of over N150bn from 2026, as part of sweeping reforms to modernise the country’s automotive industry. The National Automotive Design and Development Council disclosed this in a statement issued on Sunday, with the Director-General, Joseph Osanipin, saying...
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NOVA Bank Opens Regional Office in Owerri, Imo State

22.12.2025
NOVA Bank has opened its flagship regional office in Owerri, Imo State. The ceremony was attended by top government officials, including the governor of Imo State, Hope Uzodimma, who cut the tape at the new office and even announced his government’s commitment to provide land for the development of NOVA Bank’s regional head office for...
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Nigeria Customs Seizes 20 Diverted Containers Worth N769.5m

22.12.2025
The Nigeria Customs Service has stated that it intercepted 20 diverted transit containers with a total duty-paid value of N769.5m across the Kano/Jigawa Area Command Axis. In a statement on Sunday, the National Public Relations Officer of the service, Abdullahi Maiwada, explained that the interception followed an intelligence-driven enforcement operation aimed at curbing cargo diversion...
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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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