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Why Investors No Longer Trust Develope

The Chief Executive Officer of RareAcre Investment Limited, Kendrick Akhimie, speaks to NAOMI CHIMA about the challenges facing real estate in Nigeria and possible solutions To begin, could you please tell us about yourself and RareAcre Investment Limited? I studied mechanical engineering at Auchi Polytechnic and am an alumnus of Lagos Business School. I have...
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Energia Unveils Graduate Trainee Scheme for Young Nigerians

Energia Limited, a leading Nigerian independent energy company, has launched its graduate trainee programme, a structured development initiative aimed at accelerating the career growth of young Nigerian professionals in the energy sector. According to the company in a statement on Monday, the programme offers graduates hands-on experience across key operational and business functions, supported by...
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Nigeria’s IMO Return Signals Renewed Global Confidence

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has stated that Nigeria’s return to Category C of the International Maritime Organisation Council reflects a renewed vote of confidence in the country’s role within the international maritime system. In a statement on Monday signed by his media aide, Dr Bolaji Akinola, the minister disclosed this...
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Transafam Power launches CSR initiative for elderly

Transafam Power Limited, one of the two power-generation arms of Nigeria’s largest listed conglomerate, Transnational Corporation Plc, has unveiled its first corporate social responsibility initiative for senior citizens in its host community of Okoloma-Afam, Oyigbo Local Government Area, Rivers State. The company announced the programme in a statement on Monday, signalling a strategic push to...
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Optiva Capital Forecasts 2026 Investment Immigration Trends

Investment, immigration and wealth retention firm Optiva Capital Partners has released its 2026 Investment Advisory and Outlook, in which it described access and mobility as the new forms of wealth. Speaking during an exclusive briefing with business editors, Chairman of Optiva Capital Partners, Franklin Nechi, underscored that the coming year represents a defining moment for...
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New Orders Rise to 3-Month High on Disinflation

The Nigerian private sector saw new orders rising to a three-month high on the back of decelerating inflation. This was disclosed in the latest Stanbic IBTC Bank Nigeria PMI compiled by S&P Global, which was published on Monday. The PUNCH reports that the National Bureau of Statistics stated that Nigeria’s headline inflation rate dropped to...
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Ex-CIBN head advocates for special loan disputes court

The immediate past president of the Chartered Institute of Bankers of Nigeria, Ken Opara, has called for the establishment of a court dedicated to credit access cases. Opara, who is also Executive Director for Lagos and the South-West at Fidelity Bank Plc, made the call at the Lagos Business School, in a paper titled, ‘Contemporary...
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SEC to prosecute Ponzi scheme perpetrators via collaboration

The Securities and Exchange Commission has reaffirmed its commitment to strengthening inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act 2025. The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said this at the commission’s Journalists’ Academy 2025 in Lagos. The PUNCH reports that...
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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...