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Journalist Earns N7m in Real Estate

A public servant and journalist, Adebola Ogunbayo, has disclosed that she ventured into the real estate business without investing any capital of her own and has since earned over N7 m in commission. Speaking during a tour of one of the Pelican Brief projects in the Kobape area of Abeokuta, Ogun State, Ogunbayo revealed that...
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Guild Demands Urgent Housing Reforms

Following the devastating Mokwa flooding, the Building Collapse Prevention Guild has demanded urgent reforms to strengthen building standards and enforce proactive infrastructure inspections to avert future tragedies. In a statement the guild noted that following its on-the-ground assessment of the catastrophic flooding in Mokwa, Niger State, there is a need for coordinated action. It stated,...
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Stock Market Rally: Nigeria NGX Soars

The President and Chairman of the Council, Chartered Institute of Stockbrokers, Oluropo Dada, has attributed the ongoing rally on the Nigerian Exchange to a confluence of macroeconomic stability, improved corporate earnings, and renewed investor confidence. In a statement made available to The PUNCH on Sunday, Dada highlighted the Central Bank of Nigeria’s sustained efforts at...
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Ajaokuta Steel Revival: FG Engages Chinese Firms

The Federal Government on Friday announced that it has taken additional steps in its quest to revive the moribund Ajaokuta Steel Company, a key industrial asset considered critical to Nigeria’s manufacturing ambitions and job creation strategy. To resuscitate the long-abandoned steel company, the government said it has commenced high-level talks with leading Chinese steel conglomerates,...
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Innocent Ohagwa Takes the He

The Chartered Institute of Taxation of Nigeria has inaugurated its 17th president, Innocent Ohagwa. Ohagwa was decorated with his insignia of office at the investiture that took place in Lagos on Saturday. Ohagwa is a Chartered Accountant, Chartered Tax Professional, former banker, and Certified Information Systems Auditor with a 36-year career spanning expertise in finance,...
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United Capital Launches Francophone Asset Management Arm

United Capital Plc has announced the launch of a new subsidiary, United Capital Asset Management West Africa Limited, in Abidjan, Côte d’Ivoire, marking its first licensed and operational footprint in Francophone West Africa. The disclosure, which was filed with the Nigerian Exchange on Friday, represents a significant milestone in the group’s pan-African expansion strategy. Licensed...
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5,500MW Generation Amid Huge Gas Reser

The Association of Nigerian Electricity Distributors have decried Nigeria’s low power generation despite its enormous gas reserves. It expressed sadness that Nigeria, a country of over 200 million people, still grapples with 5,500 megawatts while South Africa generates over 50,000 megawatts with its 64 million population. The Executive Director of Research and Advocacy for ANED,...
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$40m to Protect Poor Nigerians

The World Bank has allocated $40m to support the expansion of financial protection for poor and vulnerable Nigerians under a new loan-backed health programme approved for the country. Sunday PUNCH learnt that the loan project, which was approved on September 26, 2024, by the World Bank, includes a $500m credit facility from the International Development...
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Good for Business? Experts Weigh In

Marketing professionals say businesses can remain profitable while complying with environmental policies such as the Lagos State ban on single-use plastics. In separate interviews with marketing experts, they explained that businesses had no reason to worry about sustainability practices shrinking their bottom line. Restrictions on plastic, including a ban on SUPs in Lagos State, are among...
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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...