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Tinubu Secures Funding for Key Road Projects in Nigeria

President Bola Tinubu has waded into the growing concerns over the possible suspension of funding for key road infrastructure projects being executed under the Nigerian National Petroleum Company Limited Tax Credit Scheme. In a decisive move to avert disruptions and allay stakeholder fears, the President has issued firm directives to ensure continuity of the scheme...
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ERCAAN Urges Regulation of Agency Fees in Lagos

The Executive Arm of the Estate Rent and Commission Agents Association of Nigeria, Surulere Branch, has called for regulation to curb illegal agency fees. In a statement, the association also issued a strong rebuttal to recent allegations circulating in both mainstream and social media that blame estate agents for the rising cost of rent in...
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Nigeria Secures N70bn for Renewed Hope Housing Programme

The Federal Government has mobilised over N70bn in private capital through Public-Private Partnerships to drive its Renewed Hope Housing Programme, a flagship initiative aimed at addressing Nigeria’s housing deficit. The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, officially opened the 19th edition of the Africa International Housing Show, unveiling a bold new state-by-state...
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Fuel Imports Surge to 71%, Marketers Ditch Local Refineries

Fresh data from the downstream regulator of the oil sector has revealed that marketers have resumed large-scale importation of refined petroleum products, choosing not to patronise local refineries. Findings by The PUNCH, based on the latest fuel supply data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, showed that a staggering 71.38 per...
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SheVentures & WENA Empower 150 Women Entrepreneurs in Nigeri

SheVentures, the women-banking arm of First City Monument Bank, has signed a strategic partnership with the Women Enterprise Alliance to support the growth and sustainability of women-led businesses in the North Central region of Nigeria. The official signing ceremony, which took place at the Women Enterprise Alliance head office in the Federal Capital Territory, Abuja,...
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Single Road Tax Sticker Unveiled by OGIRS

The Ogun State Internal Revenue Service has announced that it will simplify interstate road taxes by implementing a Single Interstate Road Tax Sticker that is recognised across all states. According to a statement, Chairman of OGIRS Olugbenga Olaleye, speaking during a one-day workshop organised by the Manufacturers Association of Nigeria in Lagos, noted that the...
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Tinubu Pledges Stable Power Supply Before Leaving Office

The Minister of Power, Adebayo Adelabu, has once again assured Nigerians of President Bola Tinubu’s determination to ensure that citizens enjoy a full and uninterrupted electricity supply before he leaves office. Towards this end, Adelabu stated that the President had continued to implement measures aimed at improving power generation, transmission, and distribution across the country....
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Linkage Assurance Revenue Soars 50% to N22.2bn in 2024

Linkage Assurance Plc recorded a 50 per cent rise in its insurance revenue for the 2024 financial year to N22.23bn from N14.84bn. At the 31st Annual General Meeting held on Thursday in Lagos, it was revealed that the firm’s performance is driven by market expansion and resilient operations despite a challenging business environment. Linkage Assurance...
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220 Oil Blocks Abandoned Amid Nigeria’s Debt and Crude Crisi

Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission has revealed. This is despite its growing debt burden and crude shortages affecting local refineries. The NUPRC data showed that the deep offshore terrain accounts for the highest number of unlicensed blocks at...
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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...