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Govt may establish building commission, says minister

The Minister of Housing and Urban Development, Ahmed Dangiwa, has said the Federal Government will consider the establishment of a Building and Engineering Construction Commission under the oversight of the ministry to strengthen regulation across Nigeria’s construction sector. Dangiwa gave this assurance recently, during a courtesy visit by the Quantity Surveyors Registration Board of Nigeria...
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CBN battles FX pressure amid struggling naira

The naira recorded a mixed performance in the foreign exchange market over the past week. This indicates the persistent pressure on the local currency despite the Central Bank of Nigeria’s continued efforts to stabilise the market. While the naira saw a slight appreciation in the official market, closing at 1,599.94/$ on Thursday, compared to 1,603.78/$...
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‘Engineering bodies must be empowered to sanction errant members‘

The Chairman of Sparklight Construction Company, Toyin Adeyinka, has called for greater empowerment of regulatory bodies in the engineering sector to effectively sanction errant professionals and uphold standards in construction practices. Speaking at the inauguration of the newly completed Lagos Commercial Court situated in the Lagos Island area of the state, Adeyinka emphasised the importance...
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Turkey refiner orders Nigerian crude for March, April

Turkey’s largest oil refiner, Tupras, has placed orders for Nigerian crude oil cargoes scheduled for March and April, a move that could boost Nigeria’s revenue amid efforts to ramp up exports. This is according to shipping data from global commodity tracker, Kpler, which noted that although the exact volume of the Nigerian cargoes was not...
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Police arrest cable counterfeiters

The Nigeria Police Force has arrested suspects for allegedly counterfeiting electrical cables during coordinated raids in Lagos and Ogun states. According to a statement, a special task force acting on the directive of the Assistant Inspector-General of Police, Adegoke Fayoade, raided locations including 29 Idolowo Market, 4 Sagbemi Street on Lagos Island, Akute in Ogun...
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Beiersdorf unveils new product

Beiersdorf has officially launched its dermatologist-recommended brand, Eucerin, in Nigeria, reinforcing its commitment to delivering scientifically proven skincare tailored to African skin. The launch event took place recently in Lagos. Eucerin, backed by over 120 years of dermatological research, is designed to address hyperpigmentation, acne, dry skin, and sun protection. According to a statement, this...
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Julius Berger wins construction award

Julius Berger Nigeria recently emerged as the best construction and infrastructure company of the decade. In a statement, it was stated that at an award ceremony organised by West Africa Innovation Awards, designed to promote excellence, creativity, and innovation among brands and brand professionals in the West African subregion, the company came top ahead of...
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Stakeholders eye fashion industry boom in Nigeria

Stakeholders have predicted a Nigerian fashion industry boom as it gains traction among global investors and designers for its local labour capacity, cost-effectiveness, and rising technical standards. President of the Association of Women in Fashion Tech, Bukola Ajani, said in a phone interview with The PUNCH that Nigeria is becoming an attractive destination for garment...
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Many Nigerians now covered under compulsory insurance – NAICOM

The National Insurance Commission has revealed that a significant number of Nigerians are now covered under various compulsory insurance schemes, following intensified enforcement efforts in collaboration with key government agencies. This was disclosed by the Commissioner for Insurance/Chief Executive Officer of NAICOM, Segun Omosehin, during a goodwill message that he delivered at the BusinessDay Insurance...
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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...