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Foremost Capital Hits N60bn AUM in 6 Months

Foremost Capital Limited, a Securities and Exchange Commission-licensed asset management company, has surpassed N60bn in Assets Under Management within six months of operations. A statement from the firm on Sunday stated that the company offers a range of conventional and Shariah-compliant investment products, including portfolio management, fund management, liquidity optimization, and financial advisory services. According...
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NNPC/Heirs Energies Unveils University Scholarship for Host

The NNPC/Heirs Energies Joint Venture has launched the OML 17 University Scholarship Programme for 300 qualified first-year students from OML 17 host communities. The scholarship will provide financial and educational support to students enrolled in government-owned universities across Nigeria. The programme is part of the OML 17 Host Communities Development Trust’s broader mission to promote...
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Nigerian Travel Agents Challenge Dollarized Airfares

The National Association of Nigeria Travel Agents has strongly condemned the continued sale of airline tickets in US dollars within Nigeria, calling it an affront to the country’s sovereignty and a threat to the stability of the local economy. NANTA President, Yinka Folarin, decried the practice by some foreign airlines, describing it as anti-trade, disrespectful,...
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FCMB & TotalEnergies Partner for Sustainable Eko Atlantic Ci

First City Monument Bank and TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd have partnered to finance and deliver Louisville Phase 1, a 157-unit residential tower in Eko Atlantic City, Lagos. The project is part of the larger Louisville mixed-use development, a $150m initiative that will feature a world-class hotel complex, commercial center, sporting facilities, and...
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Power Supply Issues Hinder Nigeria’s Private Security

Ifeanyi Obinali, a security expert and President/Chief Executive Officer of LEAD Security Group in New York, United States, and also the CEO of LISS-LEAD Integrated Security Solutions in Lagos, Nigeria, spotlights challenges in running a private security outfit in Nigeria, among other issues, in this interview with ANOZIE EGOLE What inspired you to establish a...
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FG Sets 30-Day Repair Deadline

The Federal Government has announced a 30-day emergency timeline to complete repairs on the damaged Keffi flyover in Nasarawa State following the collapse of one of its beams caused by a collision with an overloaded truck. Minister of Works, David Umahi, who led a team of engineers on an inspection tour of the site on...
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Rex Insurance Drives Innovation After Rebranding

One year after unveiling its new identity, Rex Insurance has reaffirmed its commitment to innovation, service excellence, and internal transformation. This vision was declared at a breakfast meeting with brokers in Lagos, where the management team of the underwriter highlighted the achievements of the past year and more. The century-old insurer, formerly known as Royal...
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Eco-Friendly Road Tech Unveiled by Julius Berger & ABU

Julius Berger Nigeria Plc and Ahmadu Bello University have showcased an eco-friendly road construction innovation, the Bitumen Stabilised Method, exciting engineers at the 33rd COREN Engineering Conference in Abuja. In a statement, it was noted that Julius Berger Nigeria PLC, in collaboration with Ahmadu Bello University, captivated engineers and other participants at the recently concluded...
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Nigeria’s Facility Management Faces 65% Qualification Gap

Facility management company Max-Migold has spotlighted a shortfall in ensuring functional, safe, and efficient buildings and infrastructure management in Nigeria. In a statement, the firm which said research showed that Nigeria’s facility management sector was expanding by more than 15 per cent annually. It was also noted that less than 35 per cent of FM...
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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...