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Thunder Sign Alex Caruso to Contract Extension

Great Nigeria Insurance Plc recently held its annual Retirees Experience Forum where it interacted with retirees from both government and private establishments. The forum is a platform through which the insurance firm interfaces, entertains, and interacts with its annuitants on an annual basis. GNI is one of the pioneers of the insurance business in Nigeria

The National Insurance Commission has maintained that it will ensure that regulations in the industry are complied with by all and sundry. This was disclosed by the Commissioner for Insurance, Mr. Olusegun Omosehin at the Insurance Industry Consultative Council Media Retreat at the College of Insurance and Finance Management, Aseese, Ogun State, recently. Omosehin, who

The Oakland-based R&B star had performed with James Brown, Etta James and others.

The National Youth Service Corps and 14 other ministries, departments, and agencies of government have planned about N1.41bn as an insurance premium in the 2025 appropriation bill that was presented by President Bola Tinubu, an analysis by The PUNCH has found. According to a review of the estimates, several government establishments planned to pay insurance

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said that the contribution of the Nigeria Customs Service is crucial in actualising Nigeria’s proposed N48tn 2025 budget. Edun also revealed that the Federal Government has approved the recruitment of 3,927 Customs officers. In a statement on Sunday by the National

In a country reeling from economic despair, desperation has turned deadly. In the span of just five days, stampedes at food distribution events in Abuja, Anambra, and Ibadan have claimed lives, including at least 35 children. These tragic incidents underscore the harsh realities of hunger and poverty gripping Nigerians, pushing many to risk their lives

Interswitch and Financial Services Innovators have collaborated to train 100 young Nigerians in software testing. It was revealed that Interswitch sponsored the FSI Intensive Software Testing Programme in its commitment to driving innovation and empowering young talent in Nigeria. According to a statement from the organisers on Friday, the participants underwent an intensive eight-week online

The Independent Petroleum Marketers Association of Nigeria has said that petrol is going to sell at N935 per litre beginning from Monday (today) based on the latest arrangement with the Dangote Petroleum Refinery. IPMAN’s National President, Maigandi Garima, said the reduction in Dangote refinery’s ex-depot price for petrol and the uniform arrangement being put in

A property firm, Sytemap, has stated that 65 per cent of victims of land scams in Nigeria are women. While announcing an initiative designed to empower women through affordable and secure land ownership in a statement, the firm stated that from March 8 to March 14, 2025, women, including professionals in Africa and the Diaspora,

Experts convened at the 5th edition of the Bodex Social Media Hangout in Lagos to discuss the pressing issues of fake news, cyberbullying, and their far-reaching impact on society. The event, themed “Social Media: The Influence, Power, and Impact,” brought together influencers, dignitaries, and stakeholders from various sectors. A statement on Sunday indicated that the

Housing experts have called for comprehensive property tax reforms in Abuja to address housing affordability and reduce the prevalence of unoccupied buildings across the city. Speaking at the Affordable Housing Hall of Fame event in Abuja recently, Executive Director of the Housing Development Advocate, Mr. Festus Adebayo, emphasised the urgency of property tax implementation over

Nigeria’s internet data usage surged to 870,398.28 terabytes in October, marking an increase from 850,249.09 terabytes in September. This rebound follows a decline in September, which saw internet consumption drop by 0.82 per cent to 850,249.09 terabytes, the first decrease since February 2024. The latest figures, according to the Nigerian Communications Commission, reflect a notable

The Minister of Works, David Umahi, has reiterated that the Federal Government does not compensate for bare lands, adding that all lands belong to the government. He disclosed this at the inspection of the Lagos-Calabar Coastal Highway, Section 1 at kilometre 18, Okun Ajah axis, recently. He said, “Go and read the law; there is

Nigeria’s telecommunications operators are advocating inclusive policies to address industry challenges and reverse declining investments. The President of the Association of Telecommunications Companies of Nigeria, Tony Emoekpere, emphasised the need for stakeholder engagement and collaborative policy development to ensure the sector’s growth. In an interview with The Punch, Emoekpere outlined a multi-step approach that involves

As part of efforts to prevent tragedies at public events, several states have started the implementation of strict precautionary measures, The PUNCH reports. This comes after 67 people, 35 of them children, died in stampedes in Ibadan, the Oyo State capital; Okija, Anambra State and Abuja during a funfair and food distribution ceremonies. In the

The Bureau of Public Enterprises has won Service Compact honours for its service delivery, emerging as one of the country’s best-performing agency in customer service. According to a statement, SERVICOM awarded the BPE Director-General, Ayodeji Gbeleyi, as one of the best Chief Executive Officers supporting SERVICOM initiatives in 2024 at the SERVICOM end-of-year awards ceremony

The National Pension Commission has revealed that it is working with the Ministry of Finance to ensure prompt payment of retirees’ benefits. This was revealed by the Director-General of PenCom, Omolola Oloworaran, during an interactive session with the media in Lagos recently. Responding to a question on accrued rights and the non-payment of retirees’ benefits,

Financial services technology firm, Patricia Technologies, has begun reimbursing its subscribers who were affected by a security breach on its cryptocurrency trading platform. This was revealed in a recent statement from the firm. Patricia Technologies experienced a major cyberattack in 2022, which resulted in the loss of depositors’ funds amounting to over N600m. Withdrawals were

The International Financial Reporting Standards Foundation has acknowledged the strides made in sustainability reporting in Nigeria. In its latest report, titled ‘Progress on Corporate Climate-related Disclosures – 2024 Report,’ the IFRS Foundation highlighted the Financial Reporting Council of Nigeria for its significant contributions to sustainability reporting in the country. Commenting on the report on Friday

A property company, Pellican Valley Nigeria Limited, commenced its short-let service at Ecostay Apartments. In a statement, the company noted that barely 24 hours after it commenced shot-let services for apartments at the Ecostay Apartments, an emerging smart city in the Masa-Kobape corridor of Ogun State, Pelican Valley has recorded a rush of subscriptions by

In the first ten months of the year, total turnover on the FMDQ Exchange stood at N356.86tn, indicating a 93.01 per cent increment compared to October 2023. This was revealed in the FMDQ Spotlight, the in-house newsletter of the FMDQ Group released recently. These include the turnover on all products traded in the FMDQ secondary

The net foreign exchange inflow to the Nigerian economy in the third quarter of the year decreased by 2.97 per cent to $14.46bn from $14.89bn in the preceding quarter. This was released by the Central Bank of Nigeria in its third-quarter economic report published on Friday. On a quarter-on-quarter basis, net foreign exchange in the

The President of the Nigerian Institute of Quantity Surveyors, Kene Nzekwe, has emphasised the pivotal role of cost management in addressing the challenges facing Nigeria’s construction industry. Speaking at the unveiling of the official car of the NIQS President in Abuja on Friday, Nzekwe highlighted the impact of hyperinflation on the sector and outlined the

Julius Berger Plc has blamed contractual differences for the delay in the completion of the Bodo-Bonny Road project that was awarded in 2014. In a statement, the company said it remained committed to the completion of the remaining sections of the major road with the use of advanced concrete technology and modern equipment. It stated,