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Nigeria, others face education funding gap – W’Bank

Sub-Saharan African countries, including Nigeria, are grappling with a substantial education funding gap, spending an average of only $54 per student, compared to $8,500 in high-income countries. This finding was revealed in the World Bank’s biannual Africa Pulse Report for November. The report underscored the stark disparity in education spending between Sub-Saharan Africa and wealthier...
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Govt opens Renewed Hope Housing bid in 17 states

The Federal Government has announced that bids for the Renewed Hope Housing projects, which span 17 states across the country, have been opened. This was disclosed in a statement on the Federal Housing Authority’s website. it stated, “Following the submission of tenders for the Renewed Hope Housing projects slated for December 30, 2024, and in...
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Real sector’s growth declined in 2024 – Report

“The real estate sector’s GDP growth rates in 2024 were relatively subdued, recording 0.84 per cent in Q1, 0.75 per cent in Q2, and 0.68 per cent in Q3. These figures lagged behind the national GDP growth rate for each quarter, underscoring the sector’s challenges,” a report by BuyLetLive read. According to the report, despite...
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FG concludes probe into five aviation accidents – Report

The Federal Government, through the Nigerian Safety Investigation Bureau, has concluded investigations into five air accidents and incidents that occurred in 2024. According to the reports released by NSIB at different times in 2024 and accessed by The PUNCH on Sunday, the accidents involved various airlines and aircraft types, including the Nigerian College of Aviation...
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Investment tips to outpace inflation

In this article, HENRY FALAIYE delves into practical strategies for managing personal finances in Nigeria, drawing on experts’ guidance to tackle key challenges amid prevalent economic realities Navigating personal finance in Nigeria comes with unique challenges. From fluctuating income levels to inflation and an unpredictable economy. Building financial stability requires careful planning, informed decision-making, and...
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Housing ministry budgets N3.5bn for debt settlement

The Federal Ministry of Housing has revealed that it will spend N3.5bn to settle liabilities tied to the Millennium Development Goals, Sustainable Development Goals, Zonal Intervention Projects, and other direct mandate initiatives across the country. This financial intervention revealed in the 2025 Appropriation Bill is part of the Ministry’s broader commitment to resolving outstanding obligations...
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Rivers govt awards N30bn Kalabari Road to J’Berger

The Executive Governor of Rivers State, Siminalayi Fubara, has awarded the 19.7 km Kalabari Road Project to Julius Berger at the cost of N30 bn. Speaking at the flag-off ceremony, held recently in Port Harcourt, Fubara revealed that amid the seized revenue allocations of the state, his government has continued to initiate new projects and...
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ACAN marks 20th anniversary

The Association of Consulting Architects Nigeria, a professional body representing architectural firms engaging in private practices in Nigeria, recently celebrated its twenty years of existence with a book launch. In a statement by the association, it was noted that the celebration was aimed at propagating the architecture profession in Nigeria towards lifting the built environment...
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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...