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70% of Income Spent on Housing

04.08.2025
Many Nigerian families are grappling with severe financial strain as housing costs continue to soar, with rent now consuming as much as 70 per cent of their monthly income, a new report by the State of Lagos Housing Market, Volume 3, has stated. It stated, “Wages remain stagnant while rents consume 50-70 per cent of...
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Dangote Advocates PPPs for Budget-Friendly Mass Housing in N

04.08.2025
Dangote Cement Plc has called on stakeholders in the housing industry to support budget-friendly mass housing schemes for Nigerians. Speaking at the Africa International Housing Show, the National Sales Director, Dangote Cement Plc, Dolapo Alli, emphasised the need for collaboration among government agencies, private developers, non-profits, and communities to address the country’s housing challenges. According...
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Minister Vows Maritime Safety Reforms After Boat Accidents

03.08.2025
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed that the Federal Government would implement sweeping reforms to improve maritime safety to end recurring boat accidents on the nation’s waterways. In a statement on Friday, Oyetola stated this in Abuja when he received the report of the Special Committee on the Prevention of...
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NAHCO Records N8.88bn H1 2025 Profit, Revenue Doubles

03.08.2025
The Nigerian Aviation Handling Company Plc recorded a 166.7 per cent growth in profit after tax to N8.88bn for the half-year ended 30 June 2025, driven by growth in revenue and operational efficiency. The interim financial statement filed with the Nigerian Exchange on Thursday showed that group revenue doubled by 102.06 per cent from N16bn...
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First Nigerian Item in Space

03.08.2025
Egusi melon seeds sourced from Oyo State are set to make history as the first agricultural product from West Africa, and the first item from Nigeria, to enter orbit, The PUNCH has learnt. According to a statement, the space-bound seeds will be launched aboard a SpaceX Falcon 9 rocket from the Kennedy Space Centre, Florida,...
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Port Automation Crucial to Cut Cargo Delays, Says LCCI

03.08.2025
The Lagos Chamber of Commerce and Industry has called for urgent reforms in Nigeria’s port operations, insisting that the full automation of cargo clearance and redeployment of scanners are critical to resolving longstanding inefficiencies. President of the LCCI, Gabriel Idahosa, in a recent statement, decried the slow nature of Nigeria’s maritime and logistics sector when...
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Explore Alternative Financing Options, Ogun MAN Urges Manufa

03.08.2025
The Chairman of the Manufacturers Association of Nigeria, Ogun State Branch, George Onafowokan, has urged manufacturers across the country to adopt alternative financing models, including leasing and equity markets, to survive the current harsh economic realities and boost industrial growth. Onafowokan, speaking at the Ogun State MAN Branch’s 40th Annual General Meeting held on Thursday...
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Brands Urged to Partner in $250B Market

03.08.2025
The Marketing Director of Marketing Edge Publication, Anietie Udoh, has urged Nigerian brands to adopt creative collaboration with content creators if they hope to tap into the $250bn global creative economy. Udoh made this call while addressing journalists at a recent media parley in Lagos, where he described the global creative economy as a thriving...
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Dangote’s Direct Fuel Supply Plan Sparks Controversy in Nige

03.08.2025
• NOGASA, PETROAN tackle Dangote, petrol surges to N870/litre at private depots amid feud The Natural Oil and Gas Suppliers Association of Nigeria has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly to end-users would lead to a nationwide disruption, long-term product scarcity, and the...
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Nigeria Trains 3M Exporters on AfCFTA Rules

03.08.2025
The Federal Government has begun training three million Nigerian exporters on the understanding and application of rules governing the export of goods under the African Continental Free Trade Area agreement. The training is part of the government’s preparations to take advantage of the AfCFTA agreement. It is being implemented by the Nigeria AfCFTA Coordination Office...
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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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