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Dangote Refinery Snubs Local Vessels, Opts for Angolan Fleet

28.07.2025
African shipowners have stated that the Dangote Petroleum Refinery has displaced Nigerian shipowners, opting instead to utilise Angola’s fleet for the shipment of its crude and refined products. The President of the African Shipowners Association in Nigeria, Ladi Olubowale, told The PUNCH on Sunday that Dangote’s decision to rely on Angola-based vessels for logistics was...
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DLM Launches Money Market Fund for Investors

28.07.2025
DLM Asset Management Limited, a subsidiary of DLM Capital Group, officially opened its DLM Money Market Fund, designed for capital preservation, liquidity, and competitive returns. According to the firm, the fund has been approved by the Securities and Exchange Commission and is open to both individual and institutional investors. The fund primarily invests in short-term...
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First Asset Launches Smart Investors Campaign

28.07.2025
First Asset Management, a subsidiary of First HoldCo Plc, has launched a 100 million Smart Investors campaign to tackle the challenge of financial illiteracy and restore investor confidence in the nation’s capital market. In a statement on Saturday, the firm stated that the campaign is positioned as a direct strategy to rebuild investor confidence and...
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Firm Urges Public-Private Sector Synergy

28.07.2025
The Managing Director of Hontar Project Company, Ayodeji Fasunwon, has called for stronger synergy between the public and private sectors to overcome systemic challenges in the real estate industry and make housing more accessible to Nigerians. Speaking at the firm’s fifth-year anniversary celebration held in Lagos, Fasunwon noted that the country’s housing problems, including affordability,...
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Nigeria Registers Construction Site Workers Under New CORBON

28.07.2025
The Council of Registered Builders of Nigeria has introduced new registers to formally recognise and regulate building technologists, technicians, and craftsmen operating across construction sites in Nigeria. Chairman of CORBON, Dr. Samson Opaluwah, made the announcement on Friday at a press briefing held at the Council’s headquarters in Abuja. He said the move was in...
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PrimeTech Renovates Abuja School, Donates Furniture

28.07.2025
PrimeTech, the design and engineering subsidiary of leading engineering construction company Julius Berger Nigeria Plc, has renovated an Abuja school and donated learning furniture to create a more conducive environment for pupils. In a statement, it was noted that the firm delivered on its promise to renovate a hitherto dilapidated school and upgrade other tools...
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Lagos Warns of Fake Real Estate Agents

28.07.2025
The Lagos State Government has warned residents to beware of fake estate agents and swindlers marketing unavailable estate flats to members of the public for outright sale or for rent on social media. The Commissioner for Housing, Moruf Akinderu-Fatai, sounded this warning in a statement in response to a recent fraudulent advertisement circulating on social...
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Nigeria Office Space Rental Hits N980m – 200% Spike

28.07.2025
The retail real estate sector exhibited mixed fortunes, with significant growth in modern retail formats juxtaposed with the resilience of traditional markets. This is according to a report, which stated, “The cost of renting a 1000-square-meter Grade-A office space was $700 per square metre. Meanwhile, co-working spaces grew in popularity, with monthly prices for dedicated...
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Eterna Plc Posts 71% Revenue Growth in 2024

28.07.2025
Eterna Plc, a Nigerian integrated energy company, has reported a strong financial turnaround for the fiscal year ended December 31, 2024, despite a volatile operating environment. The company disclosed these results during its 32nd Annual General Meeting held on July 24, 2025, where shareholders also ratified important board appointments and strategic resolutions to support future...
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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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