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Kano Approves ₦40.8bn for Road Projects

19.08.2025
The Kano State Government has approved contracts totalling over N40.8 bn for the construction and rehabilitation of 17 township roads in the Kano metropolitan area. In a statement, it was noted that these projects span key local government areas, including Gwale, Nasarawa, Kumbotso, Fagge, Kano Municipal, Tarauni, Dala, and Ungogo. The disclosure was made by...
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Nigeria’s Factories Go Local Amid Naira Devaluation

19.08.2025
Nigeria’s manufacturing sector is turning inward for survival as the impact of the naira devaluation and foreign exchange scarcity continues to reshape supply chains across the country. This is according to a new report by Financial Times on Sunday, which highlighted how volatility in the forex market is forcing companies to reduce their dollar reliance...
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Google Fined $36M in Australia for Anticompetitive Deals

19.08.2025
18th August 2025 FILE: The Google logo at the company’s Bay View campus in Mountain View, California, on August 13, 2024. | Credit: AFP Google has agreed to pay a fine of 55 million Australian dollars ($36 million) after admitting to anticompetitive agreements with the country’s two largest telecommunications firms, the Australian Competition and Consumer...
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Coronation Insurance Doubles Revenue to ₦49.4bn in 2024

19.08.2025
Coronation Insurance has doubled its revenue to N49.4bn, reflecting 101 per cent year-on-year growth. According to a statement, this was disclosed at the 67th Annual General Meeting, which was held in Lagos State recently. It stated, “Coronation Insurance Plc held its 67th Annual General Meeting at its Head Office in Ikoyi, Lagos, reporting a record-breaking...
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NIA Innovation Lab Prioritizes e-KYC Solutions for Nigerian

19.08.2025
The Nigerian Insurers Association has launched its Innovation Lab, with the first focus being to tackle challenges in the area of electronic Know Your Customer solutions and claims exchange. The Innovation Lab was launched on Monday at the NIA headquarters in Lagos, attended by insurance industry players. NIA Innovation Lab is a six-week intensive programme...
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Lasaco Assurance Rebrands Subsidiaries for Growth

19.08.2025
Lasaco Assurance Plc has announced the rebranding of its subsidiaries, Lasaco Properties Limited and Lasaco Trading and Investment Limited, as part of efforts to enhance operational efficiency. In a statement on Sunday, the firm also announced the appointment of a new Managing Director for Lasaco Trading and Investment Limited in the person of Mr Akinwale...
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IMG Unveils N6.39bn Rights Issue to Fuel Expansion

19.08.2025
Industrial & Medical Gases Nigeria Plc has launched a N6.39bn rights issue to reinforce its market presence and fund expansion initiatives. In a statement made available to our correspondent on Monday, the company said the offer comprises 199,797,458 ordinary shares of 50 kobo each at N32 per share, on the basis of two new ordinary...
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Shettima Leads Global Risk Talks at CRMI Conference in Lagos

19.08.2025
Vice President Kashim Shettima will lead discussions at the 24th Annual International Conference of the Chartered Risk Management Institute of Nigeria, scheduled for this month in Lagos. Themed ‘Global Risks, Local Solutions’, the two-day summit will bring together senior policymakers, regulators, business leaders, and risk experts to address the world’s most pressing challenges, from climate...
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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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