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Nigeria Real Estate at Crossroads Amid Economic Hardship

02.06.2025
An estate surveying and valuation firm, Ubosi Eleh and Company, highlights that while households and businesses struggled under harsh microeconomic realities, the real estate sector found itself at a critical crossroads, grappling with weakened demand, rising costs, and uncertain investor confidence. It noted this in its annual publication, titled ‘The Nigeria Real Estate Report 2025’....
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Marketsquare Ranks Among Africa’s Fastest-Growing Companies

02.06.2025
Sundry Markets Limited, the operator of the popular Marketsquare supermarket chain, has been recognised by the Financial Times as one of Africa’s fastest-growing companies for the second consecutive year. In its 2025 edition, which is the fourth in the series, FT, in collaboration with Statista, ranked SML 47th out of 130 fastest-growing companies across the...
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McPherson VC Charges Cooperative Leaders on Integrity

02.06.2025
The Vice Chancellor of McPherson University, Alapako, Ogun State, Prof Francis Igbasan, has charged the new executive members of the university’s cooperative society to embrace financial integrity and fairness in their dealings. Igbasan disclosed this during the Annual General Meeting of the association held at the university’s multipurpose hall on Friday. The association had earlier...
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3 Million Jobs at Risk as BDCs Face CBN Deadline

02.06.2025
The Association of Bureau De Change Operators of Nigeria has warned that about three million Nigerians were at risk of losing their source of livelihood if BDCs closed shop due to their inability to meet the new capital threshold. This was disclosed by the ABCON president, Aminu Gwadebe, in a chat with The PUNCH over...
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Inflation, others may undermine CBN gains – Moody’s

02.06.2025
The global credit rating agency Moody’s Ratings has warned that the Central Bank of Nigeria’s ability to maintain a stable naira without draining reserves may be impacted by declining oil prices and stubborn inflation. This was disclosed in the rating action update shared on its website on Friday, where it upgraded Nigeria’s long-term foreign currency...
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FG to mandate employees’ compensation scheme for workers

02.06.2025
The Nigeria Social Insurance Trust Fund is commencing a service-wide sensitisation of civil servants in furtherance of the implementation of the Employees’ Compensation Scheme in the federal civil service. The Managing Director of NSITF, Oluwaseun Faleye, led his team to the office of the Federal Head of Service to kickstart the sensitisation campaign, according to...
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Market cap gain N1.7tn in one week

02.06.2025
The Nigerian Exchange closed the trading week on a bullish note, as investor sentiment turned positive, resulting in a surge of N1.71tn in market capitalisation. According to the weekly trading report released by the NGX, the All-Share Index appreciated by 2.49 per cent to close at 111,742.01 points, while the market capitalisation rose to N70.463...
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CIPM inducts 1,097 new members

02.06.2025
The Chartered Institute of Personnel Management of Nigeria has inducted 1,097 new members into the human resource profession, reiterating that HR practice in the country is a regulated profession that requires legal certification. Speaking at the Institute’s 64th Induction Ceremony held in Lagos recently, the President and Chairman of the Governing Council, Ahmed Gobir, stressed...
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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
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

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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