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Naira Exchange Rate: N1,600–N1,650/$ Projected

09.06.2025
Economist and Managing Director of Financial Derivatives Limited, Bismarck Rewane, has projected that the naira would trade within N1,600-N1,650 to a dollar in the near term. Rewane said this during his presentation at the June edition of the Lagos Business School Breakfast session. The analysts who did a mid-term economic review of the current administration...
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NCRIB Urges New Insurance Brokers on Professionalism

09.06.2025
The President of the Nigerian Council of Registered Insurance Brokers, Babatunde Oguntade, has challenged the newly inducted 66 individuals and 18 corporate new members on professionalism and upholding the values of the council. At the induction ceremony held in Lagos, the NCRIB president emphasised the critical role insurance brokers play in bridging the gap between...
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Nigerian Engineers Urged to Adapt

09.06.2025
The president of the Council for the Regulation of Engineering in Nigeria, Professor Sadiq Abubakar, has urged engineers to embrace data and digital transformation to remain relevant. Abubakar made this remark at the completion ceremony of the Specialised Professional Development Training for Young Engineers (Cohort 2) and Senior Engineers (Cohort 1), organised by the Department...
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Plastic Pollution Harming Nigeria’s Tourism

09.06.2025
The Association of Professional Women Engineers of Nigeria has expressed concerns that plastic pollution is posing a serious threat to the tourism industry by damaging natural attractions and deterring visitors. They made this observation at the association’s public lecture in commemoration of World Environment Day, themed ‘Ending Plastic Pollution Using the Waste Museum Model: Action...
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Lagos Apartments: Paramount Twin Towers Unveiled

09.06.2025
Palton Morgan has launched Paramount Twin Towers, a new luxury residential development in Lagos. In a statement, the company noted that growing sophistication and changing tastes among real estate product consumers meant that developers have to rethink and reimagine their offerings. It stated, “At the forefront of this paradigm shift is Palton Morgan, which prides...
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$100M Cleaning Project Secured: Klinserv’s Eco-Friendly Tech

09.06.2025
Klinserv has secured $100m in development financing to support its municipal cleaning project. Speaking on the business operations, Chief Executive Officer Dr Tunde Ayeye stated that the municipal project was carried out in partnership with Hako, a world-leading German manufacturer of municipal, residential, and industrial cleaning machines and robots. The company unveiled a series of...
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Free Housing for Nigerians: FG’s Renewed Hope Plan

09.06.2025
The Federal Government is set to partner with the Ministry of Humanitarian Affairs to deliver free housing for internally displaced persons and other vulnerable groups across Nigeria as part of the Renewed Hope Social Housing Programme. An official in the Ministry of Housing and Urban Development, who spoke on the condition of anonymity, disclosed that...
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Homebase secures N3.5bn for Affordable Housing

09.06.2025
Homebase Mortgage Bank has secured an initial N3.5 bn in funding from the Ministry of Finance Incorporated through the Real Estate Investment Fund On-Lending Facility. Confirming this development to The Punch, the Managing Director, Homebase Mortgage Bank, Arinze Adigwe, said the recognition underscored the government’s confidence in the bank’s competence and commitment to housing access,...
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Abuja Infrastructure: Julius Berger’s Transformative Project

09.06.2025
Julius Berger is playing a pivotal role in reshaping Abuja’s landscape through its strategic execution of key infrastructure projects. In a statement, the Regional Manager, Julius Berger Nigeria Plc, Oliver Berger, said as the capital city grows rapidly, the strategic infrastructure projects spearheaded by Julius Berger have contributed significantly to urban development and are improving...
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SEC Warns Against Punisher Coin Investment

09.06.2025
The Securities and Exchange Commission has issued a warning to Nigerians against participating in the ongoing presale of a cryptocurrency known as Punisher Coin, or $PUN, citing lack of regulatory approval and potential investor risk. A public notice released by the Commission on Sunday stated that neither the coin nor its promoters are registered to...
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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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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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