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Sahara Energy Secures $225M Credit Facility, Boosting Sustai

14.07.2025
Sahara Energy Resource Limited has successfully closed a $225m unsecured, committed Revolving Credit Facility, marking a significant milestone in its commitment to operational excellence and robust financial stewardship. The firm stated in a statement on Sunday that the facility was significantly oversubscribed, highlighting the international financial community’s confidence in Sahara’s business model, performance, and strategic...
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Nigeria Real Estate Firm Expands to UK

14.07.2025
Nigerian real estate firm Pelican Valley has expanded to the UK, delivering eco-friendly homes to diaspora clients as part of efforts to boost foreign investment and trust in local housing projects. In a statement, the company noted that Pelican’s Ecostay Apartments, the flagship real estate project of Pelican Valley Nigeria Ltd, has penetrated the foreign...
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Affordable Housing: Nigeria Unveils Local Innovation

14.07.2025
In a bid to drive down the cost of housing construction and promote local innovation, the Director and Head of Department of Federal Public Assets Maintenance in the Federal Ministry of Housing and Urban Development, Ibechile Egwudale, has unveiled a suite of inventions aimed at revolutionising housing delivery in Nigeria. The Honourable Minister of Housing,...
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$150bn Needed Yearly to Bridge Nigeria’s Infrastructure Gap

14.07.2025
The Nigerian Institute of Quantity Surveyors has said bridging the nation’s infrastructure gap will require a significant annual investment of $150bn from both public and private sectors. This was disclosed at the recent Golden Jubilee Anniversary Edition of the Distinguished Lecture Series organised by the Nigerian Institute of Quantity Surveyors, Lagos Chapter, themed ‘Building a...
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High Interest Rates Hit Startups

14.07.2025
Proptech startups are struggling to survive under Nigeria’s steep 30 per cent interest rate, which has made access to funding nearly impossible, a report by the State of Lagos Housing Market, Volume 3, has stated. The report read, “Although general fintech and data protection laws, like the Nigeria Data Protection Regulation 2023, are in place,...
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Ecobank Pays 50% Eurobond Early – Strong Liquidity Shown

14.07.2025
Ecobank Nigeria Limited has repaid 50 per cent of its Eurobond ahead of the scheduled maturity in February 2026. In a statement on Saturday, the bank said the repayment demonstrated strong liquidity and financial resilience. The lender also confirmed the success of its ongoing tender and exit consent solicitation with respect to its $300m 7.125...
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FCMB Bags Award for Youth Empowerment

14.07.2025
The First City Monument Bank has been recognised for its support in helping young Nigerians grow as leaders, entrepreneurs, and change-makers. The recognition came at the 25th Anniversary Gala and Awards ceremony of Enactus Nigeria, where FCMB was honoured with the Changemaker Collaboration Award. Enactus Nigeria is an initiative that empowers young leaders to drive...
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Key to Growth (UBA Series Insights)

14.07.2025
Entrepreneurs have been urged to embrace value-driven partnerships to push growth for their businesses. This call was made at the quarterly Business Series hosted by the United Bank for Africa Plc, where entrepreneurs and business enthusiasts gathered to explore the core ingredients of building and sustaining successful business partnerships. The Business Series, held under the...
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Marketers Back Lower Fuel Prices

14.07.2025
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited, calling for transparency, inclusiveness, and accountability in the process. They noted that the sale or privatisation of the Port Harcourt, Warri, and Kaduna refineries, which have gulped trillions of...
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Spiro wins recognition for climate leadership – Punch Newspapers

14.07.2025
Spiro, a pioneering Pan-African electric mobility company, has been selected for the prestigious 2025 Regional Platforms for Climate Projects Pipeline. This recognition highlights Spiro’s position as a leading climate leader, delivering cutting-edge solutions that accelerate Africa’s transition to a low-carbon, sustainable future. According to a statement from the company, “This distinguished recognition highlights Spiro’s position...
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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...

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04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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