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NDIC to commence dividend payments April

The Nigeria Deposit Insurance Corporation has announced that the first tranche of liquidation dividends for uninsured depositors of the defunct Heritage Bank will be declared in April 2025. The disclosure was made in a press statement released by the Acting Head of Communication & Public Affairs, NDIC, Hawwau Gambo, on Sunday. According to the statement,...
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Inflation reshaped Nigeria’s housing market in 2024 – Report

According to a report by BuyLetLive, inflation reshaped the country’s housing market in 2024. It stated, ” Inflation undoubtedly reshaped Nigeria’s housing market in 2024, creating affordability challenges and altering demand dynamics. By prioritising affordable housing solutions, incentivising local production of building materials, and embracing cost-saving technologies, Nigeria can mitigate the impacts of inflation in...
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FG yet to deliver 1,000 Abuja homes despite promises

Nearly three months after the initial deadline, the Federal Government is yet to deliver the 1,000 housing units of the Renewed Hope Cities in Karsana, Abuja, as promised by the Minister of Housing and Urban Development, Ahmed Dangiwa, in 2024. The minister had assured that “1000 housing units of the Renewed Hope Cities would be...
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Firm unveils housing project for 5,000 FCT households

A real estate firm, T.Pumpy Concept Nigeria Limited, has unveiled a housing project to cater for the accommodation needs of residents of the Federal Capital Territory in the spirit of the upcoming Eid-el-Fitr and Easter celebrations. At a press conference held recently in Abuja, the Managing Director of T. Pumpy Concept, Akintayo Adaralegbe, said the...
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Stakeholders seek mortgage innovations for inclusive housing

Real estate experts in Lagos recently called for policy shifts, mortgage reviews and private-sector-led innovations to achieve affordable mass housing that caters for middle- and low-income earners in Nigeria. They also called for the adoption of green building practices alongside modern technology for faster and cheaper construction. They gave these recommendations at the Nigeria Housing...
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Smart guide to effective cash-flow management

Cash flow is the lifeblood of personal and business finances, yet many individuals and entrepreneurs struggle to manage it effectively. Poor cash flow management can lead to missed opportunities, financial stress, and even insolvency. Understanding how money moves in and out of your hands is the first step toward achieving financial stability and growth, writes...
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J’Berger graduates trainees, unveils skills academy

Julius Berger Nigeria Plc recently graduated the first batch of trainees from its Vocational Skills Support Programme in Abuja. The ceremony also marked the onboarding of 40 new trainees and the official launch of the Julius Berger Vocational Skills Academy. In a statement, it was noted that the event was a significant milestone in the...
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SystemSpecs rebrands subsidiary

SystemSpecs Holdings Ltd unveiled on Friday the rebranding of its subsidiary Deelaa to Whatadeal, launching an ambitious digital commerce platform poised to transform travel, events, and e-commerce across Africa. The announcement comes amid a surging demand for integrated digital services in Nigeria and beyond, as the continent’s e-commerce and travel sector stand on the cusp...
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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...