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Homeowners decry forceful eviction for Lagos–Calabar Highway

26.01.2026
Aggrieved homeowners along the Lagos-Calabar Coastal Highway, under the auspices of the Project Affected Persons, have lamented that they were being asked to vacate their properties within a rigid 150-metre line from the high-water mark or face demolition without due compensation and notification. In a recent position paper, titled ‘Our Homes, Our Rights: Rejecting Retroactive...
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Inefficiency is the real cause of Lagos rent hikes

26.01.2026
The founder and Chief Executive Officer of Oikus, Mr Israel Ihaza, has said that the surge in accommodation costs across Lagos State is driven by inefficiencies rather than a shortage of housing. Ihaza stated this in an exclusive chat with The PUNCH on Monday, explaining that when house hunters cannot reliably find verified listings, and...
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Ogun IRS Explains New Tax Reform Laws to the Public

26.01.2026
The Ogun State Internal Revenue Service has urged the public to rely on facts about the Tax Reform Acts 2025 rather than speculation, as it reassured taxpayers about the implications of the new laws. The Executive Chairman of OGIRS, Olugbenga Olaleye, represented by the Coordinating Director of OGIRS, Taiwo Ogundimu, assured the public that the...
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DisCos Reject FG’s Free Meter Plan: Who Pays the Cost?

26.01.2026
Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid meters must be free for all categories of customers. Operators, who spoke with our correspondent anonymously due to the sensitivity of the matter, said the minister made only a political statement without considering the input of other...
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REA & Lotus Bank Partner on Renewable Energy Finance in Nige

26.01.2026
The Rural Electrification Agency and Lotus Bank have moved to scale up renewable energy financing in Nigeria with plans to establish a dedicated funding facility under the Distributed Access through Renewable Energy Scale-up programme. In a statement on Sunday, the REA said the development followed a high-level meeting between both institutions recently, marking a shift...
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Dangote Refinery shifts to lighter crude amid cracker downti

26.01.2026
The Dangote Petroleum Refinery has shifted to processing lighter crude oil in a strategic move to minimise production disruptions arising from the prolonged unavailability of its Residual Fluid Catalytic Cracker, according to a new report by global commodities intelligence firm Kpler. The report, obtained by our correspondent and titled “Dangote H1 2026 Outlook: RFCC challenges...
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Tax Ombud Assures Nigerians of Fairer Tax Treatment

26.01.2026
The Office of the Tax Ombud has assured Nigerian taxpayers of improved protection and fair treatment as it begins implementing guidelines aimed at safeguarding taxpayer rights, strengthening trust, and enhancing voluntary tax compliance. The assurance followed a meeting held recently in Abuja between the Chief Executive Officer of the Office of the Tax Ombud, Dr...
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IMF Warns Central Banks Against Aggressive Rate Cuts

26.01.2026
The International Monetary Fund has called on central banks to exercise caution in cutting interest rates, emphasising that maintaining price stability remains critical amid uneven growth and persistent inflation pressures. In its latest 13-page World Economic Outlook update, the Fund highlighted that while several economies are experiencing a modest recovery in output, inflationary pressures remain...
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Why Phone Prices in Nigeria Are So High: Rifugio Founder

26.01.2026
Founder of Rifugio Communications Limited, Dr Kayode Thomas, discusses Nigeria’s mobile phone market with DARE OLAWIN, reflecting on the company’s growth journey, operational challenges, and expansion plans. He also shares what continues to motivate his investments in Nigeria despite prevailing headwinds, and addresses perceptions that phone importers are exploiting Nigerian consumers In light of the...
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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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