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Lagos housing market faces supply gap despite new units

04.02.2026
Lagos’ residential property market remains deeply undersupplied despite more than 34,800 housing units currently in the development pipeline, according to the Lagos Real Estate Development Pipeline Report 2025/2026 by Estate Intel. The report estimates that Nigeria’s commercial city has an existing residential stock of about 1.8 million housing units, far below demand in Africa’s most...
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Nigerian Fintech Growth Soars 70% Amid Challenges

04.02.2026
Nigeria’s financial technology sector recorded a remarkable 70 per cent growth in 2025, defying a challenging global economic environment, according to the Central Bank of Nigeria. The findings published in Monday’s report titled “Shaping the Future of Fintech in Nigeria: Innovation, Inclusion, and Integrity”, highlight Nigeria’s emergence as a leading digital finance hub in Africa....
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Airtel Data Centre in Eko Atlantic to Boost Digital Hub

04.02.2026
Eko Atlantic is set to become a major hub for Nigeria’s digital transformation as Airtel Nigeria reaffirms its commitment to strengthening the country’s digital infrastructure through the development of its Nxtra Data Centre. The initiative aims to bridge connectivity gaps, expand access to reliable data, and unlock new opportunities across Nigeria and the wider continent....
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Reforms & private investment key to Nigeria economic growth

04.02.2026
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said sustained economic reforms and stronger private sector participation are central to Nigeria’s ambition to achieve at least seven per cent GDP growth by 2027–2028. Edun made this observation on Tuesday at the African Business Convention held in Lagos, where he...
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Crystal Finance Marks 10 Years of Sustainable Growth

04.02.2026
Specialised financial institution Crystal Finance Company has highlighted its sustainable growth as it marked its 10th anniversary. In a statement on Tuesday, the company said it gathered customers, and staff members at an evening dedicated to honouring staff and foundational clients for their loyalty. The PUNCH reports that Crystal Finance is known for offering tailored...
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UBA Group Appoints Loknath Mishra as UK Subsidiary CEO

04.02.2026
United Bank for Africa has announced the appointment of Loknath Mishra as the Chief Executive Officer of its United Kingdom subsidiary. The appointment, announced in a statement on Tuesday and becoming effective 2 February 2026, is said to reinforce the group’s commitment to strengthening its international footprint and enhancing its role as a key financial...
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Nigeria to partner with global allies on clean energy

04.02.2026
President Bola Tinubu on Tuesday said Nigeria is ready to collaborate with African nations, global partners, and the private sector to deliver cleaner, affordable, inclusive, and more secure energy. He said energy plays a critical role as the invisible force holding the modern world together, as well as the quiet architecture of balance among nations,...
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Nigeria Investment Outlook 2026: Standard Chartered’s View

04.02.2026
Standard Chartered Bank Nigeria Limited hosted its clients at the 2026 Global Market Outlook event, bringing together industry experts to examine the evolving global financial landscape and its implications for Nigeria in 2026, where it revealed that the country’s growth outlook is optimistic. A statement from the bank on Tuesday stated that the well-attended event...
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Nigeria Hands Over Africa Energy Bank HQ for June Launch

03.02.2026
Nigeria on Monday formally handed over the fully furnished headquarters of the Africa Energy Bank to the Association of African Petroleum Producing Countries, marking a major milestone in efforts to unlock sustainable financing for oil and gas investments across the continent. The handover ceremony took place in Abuja and was led by the Minister of...
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Regulatory Gaps Scare African Energy Investors, Says NUPRC

03.02.2026
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has warned that inconsistent regulatory frameworks across African countries remain one of the biggest obstacles to cross-border energy investments, calling for the strengthening of the African Petroleum Regulators’ Forum as a continent-wide platform for regulatory alignment. Eyesan made the call in a...
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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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