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Engagement of unqualified persons fuelling building collapse – NIOB

The Nigerian Institute of Building, Lagos Chapter, has asserted that the engagement of unqualified professionals in the built environment is fuelling building collapse and regulatory non-compliance. The Chairman of the Nigerian Institute of Building, Lagos Chapter, Thomas Adeoye, said this while announcing the 2025 edition of NIOB Builders’ Week, themed ‘Builders’ Role in Effective Building...
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Disposable syringe manufacturer advocates local patronage

A Lagos-based disposable syringe manufacturer has called for increased patronage of made-in-Nigeria health-related products as a safer option. Lagos State Governor Babajide Sanwo-Olu inaugurated the O-Care Disposable Syringes Factory as the first in the state at a recently held commissioning event where the Managing Director of the parent company, Transgreen Nigeria Limited, Cyprian Orakpo, called...
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PTAD explores health insurance expansion for pensioners

The Pension Transitional Arrangement Directorate has sought to expand the pilot phase of its collaboration with the National Health Insurance Authority to enable more pensioners to benefit from health insurance coverage. This was indicated in a statement following a recent visit by the Executive Secretary of PTAD, Tolulope Odunaiya, to the office of the Director-General...
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WAICA to focus on financial crime at AGM

The West African Insurance Companies Association has announced that the focus of its upcoming Annual General Meeting and Conference will be on financial crimes in the subregion and the role of insurers in curbing the trend. According to a statement from the association, the AGM would be convened under the theme Battling Financial Crimes in...
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Improve value proposition, NAICOM urges brokers

The National Insurance Commission has urged Nigerian brokers to improve their value proposition and professionals to take full advantage of the African Continental Free Trade Area agreement. The Commissioner for Insurance, Olusegun Omosehin, made this observation at a workshop organised to prepare brokers for the take-off of the agreement organised by the Nigerian Insurance Industry...
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Life, motor insurance lead with N22bn unresolved complaints

Life, group life, and motor insurance policyholders topped the list in the latest compilation of complaints against insurance companies published by the National Insurance Commission. According to The PUNCH analysis of the complaints, the three classes of policyholders have disputed claims worth about N22.65bn, with the highest value being group life assurance. Holders of the...
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SEC plans public shaming of capital market violators

The Securities and Exchange Commission has announced plans to publicly shame capital market operators found guilty of violating market laws and regulations. The commission, in a statement on its Instagram page on Sunday, said the names of erring operators would be published in its “name and shame” journal as part of a broader strategy to...
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Dangote refinery gets fresh crude cargoes from NNPCL

The Dangote Petroleum Refinery has received additional crude oil supply from the Federal Government as it was gathered on Friday that large volumes of crude oil shipments were being delivered to the plant as part of efforts to promote local refining. The supply comes amidst a fresh price reduction at the refinery loading gantry from...
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Plateau gets NERC order to regulate electricity market

In compliance with the amended constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Plateau State to the Plateau State Electricity Regulatory Commission. Recall that with the EA 2023, the commission retains the...
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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...