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12,241 informal sector RSA holders save N967m – PenCom

03.02.2025
The National Pension Commission has revealed that 12,241 Retirement Savings Account holders from the informal sector have contributed about N967.19m between 2020 and the third quarter of 2024 under the Micro Pension Plan. This was disclosed in its newly introduced Pension Industry Performance Dashboard, which offers a comprehensive, user-friendly overview of historical vital pension statistics....
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Building collapse deaths rise to 1,595 – Report – Punch Newspapers

03.02.2025
The Building Collapse Prevention Guild has said that Nigeria witnessed 1,595 deaths in 640 reported incidents of building collapse between October 1974 and January 9, 2025. According to the Guide, the first recorded building collapse in Nigeria occurred in October 1974 in Oyo State, where a multi-story building collapsed due to excessive loading, killing 27...
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ADVAN decries lack of governing council for advertising sector

02.02.2025
The Advertisers Association of Nigeria has raised concerns over the continued absence of a governing council for the advertising profession, arguing that the lack of an independent council separate from the regulatory body is detrimental to the industry. President of ADVAN, Osamede Uwubanmwen, in a telephone interview, expressed dissatisfaction with the structure of the Advertisers...
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EU grants Eurocham €300,000 for advocacy in Nigeria

02.02.2025
The European Union has unveiled a three-year grant worth €300,000 to strengthen the secretariat of the European Chamber of Commerce (Eurocham) Nigeria, enhance advocacy, and deepen engagement with stakeholders. According to a statement, EU Ambassador to Nigeria and the Economic Community of West African States, Gautier Mignot, disclosed the grant during Eurocham’s 25th Annual Stakeholders...
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NAICOM issues fresh annuity rules, mandates actuarial oversight

02.02.2025
The National Insurance Commission has issued fresh regulations on annuity businesses, effective February 1, in a bid to sanitise that segment of the market. According to a statement on Friday, NAICOM said it released a circular outlining additional regulatory requirements for life insurance companies carrying on annuity business in Nigeria. The circular, dated January 29...
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NIMASA urged to fast-track maritime skills centre development

02.02.2025
A former Senior Special Assistant to Bayelsa State Governor on Tourism, Dr Piriye Kiyaramo has urged the Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola to speed up the development of the proposed Maritime Skills Acquisition Centre in Bayelsa State. Kiyaramo in a statement said the facility has the potential to...
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Prioritise local solutions for power, Coleman boss tells govt

02.02.2025
The Managing Director of Coleman Wires and Cables Industries Limited, George Onafowokan, has called on the Federal Government to prioritise local solutions in tackling the country’s persistent grid collapses. Onafowokan, in a statement reacting to the frequent grid collapses and the government’s push for investment in the power sector, stressed the need for full deregulation...
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ARGPON begins regulation of local gin production – Punch Newspapers

02.02.2025
The Association of Raw Gin Producers of Nigeria says it has commenced a high-level internal regulatory process to sanitise the production of local alcoholic drinks. The association, formally known as Nigeria Distillers Associates, said its activities were in line with Decree No. 54 of 1970 and the Control of Distillation and Spirit Drink Regulation Gazette...
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NIQS partners Julius Berger for infrastructure excellence

01.02.2025
The Nigerian Institute of Quantity Surveyors Foundation has partnered with Julius Berger Nigeria Plc after it recognised the firm’s role in infrastructure development and shaping the country’s built environment. According to a statement, the Chairman of the Board of Trustees, NIQS Foundation, Olusegun Ajanlekoko, recognised Julius Berger during a courtesy visit to the construction firm,...
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Caverton records N50.53bn loss in 2024

01.02.2025
Caverton Offshore Support Group Plc has reported an N50.53bn loss for the financial year ended December 31, 2024, marking a decline from the N12.89bn loss recorded in 2023. In the company’s unaudited financial statement filed on the Nigerian Exchange Limited on Thursday, the downturn was primarily driven by an N43.49bn net exchange loss, reflecting 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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