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PalmPay Unveils Purple December Campaign with Digital Prizes

09.12.2025
PalmPay, one of Nigeria’s fastest-growing fintech platforms, has announced the beginning of Purple December, its annual month-long digital activation created to celebrate, appreciate, and reward its vibrant community of users during the festive season and end-of-year period. Running from December 1 to December 26, Purple December is a social media-led campaign that invites PalmPay users...
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Alternative Bank Champions Youth Tech Empowerment in Nigeria

09.12.2025
The Alternative Bank has championed the call for the provision of critical tech resources to young innovators. According to a statement from the bank on Sunday, the call was made at the Jericho Businessmen Club’s third Annual Socio-Economic Summit, which brought together business leaders, policy influencers, and members of the academic community, focused on building...
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Import Reliance Threatens Nigeria’s Housing Market: Report

09.12.2025
Nigeria’s 70 per cent reliance on imported building materials is leaving the housing market dangerously exposed to crippling supply and currency shocks, the State of Lagos Housing Market Report (Volume 3) has warned. According to the report, Nigeria’s abundant raw materials still fall short of reducing reliance on imports due to limited local processing capacity....
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FG Bans Cash Payments to MDAs, Mandates POS Terminals

09.12.2025
The Federal Government has banned the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of Sale terminals within 45 days. The directive is part of four Treasury circulars issued by the Office of the Accountant-General of the Federation and obtained by The PUNCH on Monday....
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CBN Approves 82 Licensed BDCs, Warns Illegal Operators

09.12.2025
The Central Bank of Nigeria has issued final operating licences to 82 Bureaux De Change under its revised regulatory framework, cautioning the public against dealing with unlicensed foreign exchange operators. In a statement released on Monday, signed by Acting Director of Corporate Communications Hakama Sidi-Ali, the CBN said the licences took effect from November 27,...
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How to Tap Into Lagos’s N111bn Detty December Boom

09.12.2025
The Chief Executive Officer of Hazel Crest Properties, Gbenga Salako Davis, has urged real estate developers to capitalise on Lagos’s N111bn December boom, as the festive season drives unprecedented demand for rentals, short lets, and event spaces. In a statement, he stated that the country comes alive as Nigerians abroad return for Detty December. He...
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Construction Kaiser Appoints Stefan Euchenhofer as New CEO

09.12.2025
Construction Kaiser Limited, an indigenous construction firm, has announced the appointment of Stefan Euchenhofer as its new Chief Executive Officer, effective 3 January 2026. In a statement, it was noted that the development reflected CKL’s commitment to continuity, strong governance, and a future-focused strategy for sustainable growth. It stated, “Since founding CKL in 1993, Igbuan...
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HR Leaders Urge Workplace Culture Reform & Tech Adoption

09.12.2025
Human resource and business leaders have urged organisations to prioritise employee wellbeing, embrace purpose-driven technology, and adopt policies that enable both workers and employers to thrive. This call was made at the 2025 HR Conference and Excellence Awards in Lagos. According to the convener of HRTalenthub.ng, Dr Omotola Dayo-Adedapo, workplaces must urgently address emerging challenges...
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ISA 2025 execution key to Nigeria’s $1tn economy goal

09.12.2025
The Group Managing Director of GTI Group, Abubakar Lawal, has said that Nigeria’s aspiration to build a $1tn economy by 2030 will remain out of reach unless the Investments and Securities Act 2025 is implemented with strict discipline, strategic coordination, and unwavering collaboration across the capital market ecosystem. Lawal said this at the 2025 annual...
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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
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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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