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Lagos impounds 200 rickety vehicles

05.05.2025
The Lagos State Vehicle Inspection Service has impounded over 200 rickety vehicles in its fight against unroadworthy cars and buses operating in the state. This was made known in a statement made available to journalists on Sunday. Recall that the VIS had recently sounded a note of warning to owners of rickety vehicles in the...
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Financial services dominate as equity market gains N182bn

05.05.2025
Trading activities on the Nigerian Exchange Limited ended on a positive note last week, as the equity market gained N182bn amid performance from financial services stocks. Despite a shortened trading week due to the public holiday declared on Wednesday, the market capitalisation of listed equities rose to N56.473tn from N56.291tn, indicating a week-on-week increase of...
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AIICO records N54.8bn in gross premium

05.05.2025
AIICO Insurance Plc has reported a 12 per cent growth in its gross written premium for the first quarter of 2025, reaching N54.81bn, up from N49.08bn in the same period of 2024. In its unaudited consolidated financial statement for the period ended March 31, 2025, the company’s impressive performance was driven by an increase in...
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AXA Mansard Insurance posts 52% drop in profit

05.05.2025
AXA Mansard Insurance Plc has recorded a 52 per cent decline in profit for the first quarter of 2025, with profit falling to N6.21bn, compared to N12.88bn in the same period of the previous year. This significant drop in profit was primarily attributed to a combination of increased operating expenses, higher claims, and impairments on...
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PTAD pledges swift resolution of pensioners’ arrears

05.05.2025
The Pension Transitional Arrangement Directorate has assured pensioners of its commitment to addressing critical issues, including the payment of the N32,000 pension increase and other outstanding arrears. This was contained in a statement made available to our correspondent on Sunday, signed by the Head of Corporate Communications, Olugbenga Ajayi. According to the statement, the Executive...
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Olanipekun inaugurates conference hall at Ekiti palace

05.05.2025
Legal luminary, Chief Wole Olanipekun, SAN, on Saturday inaugurated a multi-million naira conference hall donated to the palace of the Ogoga of Ikere Ekiti, Oba Adejimi Adu-Alagbado, by Igbekeleoluwa Foundation. Olanipekun, the Asiwaju of Ikere Kingdom, expressed satisfaction with the contributions of indigenes to the development of the community. He urged all well-meaning sons and...
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APWEN unveils innovation, resource hub

05.05.2025
The Association of Professional Women Engineers of Nigeria, Lagos Chapter, has unveiled its innovation and resource hub at the Faculty of Engineering in the University of Lagos. The Lagos Chapter Chairman of APWEN, Dr Atinuke Owolabi, said the inauguration was a bold declaration of the association’s commitment to providing access, tools, and opportunities for young...
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Take advantage of FG housing scheme, AHCN urges members

05.05.2025
The Association of Housing Corporations of Nigeria has stated that housing agencies across the country must act swiftly or risk missing key opportunities under the Federal Government’s Renewed Hope Housing Agenda. Speaking at the opening of a two-day strategic session in Abuja recently, the AHCN President, Eno Obongha, told members that the new federal housing...
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Stakeholders canvass high-rise buildings to upgrade slums

05.05.2025
Stakeholders are advocating high-rise construction as a sustainable solution to upgrade slums without displacing residents. An analyst working on housing affordability in the US, Joseph Ogunlade, noted that Nigeria’s housing deficit was not just a matter of quantity, but primarily due to ineffective urban planning and land use policies. He said, “This has led 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...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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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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