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- January 6, 2025
- 17 views
Real estate operator demands N50m, others from Customs
The Chief Executive Officer of Pellican Valley Nigerian Ltd, Babatunde Adeyemo, has demanded the sum of N50m, a car replacement, and an apology letter from the Nigeria Customs Service following his near-death experience with a a trigger-happy customs officer. In a petition to the Comptroller, Nigeria Customs Service, Federal Operating Unit, Zone A, Ikeja, Lagos
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The Chief Executive Officer of Pellican Valley Nigerian Ltd, Babatunde Adeyemo, has demanded the sum of N50m, a car replacement, and an apology letter from the Nigeria Customs Service following his near-death experience with a a trigger-happy customs officer. In a petition to the Comptroller, Nigeria Customs Service, Federal Operating Unit, Zone A, Ikeja, Lagos
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- January 6, 2025
- 24 views
Paucity of funds stalled Ilubirin Foreshore project – Developers
Ilubirin Foreshore developers have disclosed that insufficient funding delayed the building project. A statement noted that the development sought to silence rumours of abandonment surrounding the project and reignite public interest in the ambitious scheme. It stated, “Initially stalled for years, the project was revitalised during the administration of former Lagos State Governor, Akinwunmi Ambode,
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Ilubirin Foreshore developers have disclosed that insufficient funding delayed the building project. A statement noted that the development sought to silence rumours of abandonment surrounding the project and reignite public interest in the ambitious scheme. It stated, “Initially stalled for years, the project was revitalised during the administration of former Lagos State Governor, Akinwunmi Ambode,
- All News
- January 6, 2025
- 23 views
Rental income still low at 5% – Stakeholders
The Chief Executive Officer of Casafina Development, Olufemi Seyi, has said rental income in Nigeria is typically low, averaging between 3 and 5 per cent. Seyi stated this at the unveiling of some housing units built by the company in Anthony Village, Lagos, recently. He noted, “Rental income in Nigeria is typically low, averaging between
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The Chief Executive Officer of Casafina Development, Olufemi Seyi, has said rental income in Nigeria is typically low, averaging between 3 and 5 per cent. Seyi stated this at the unveiling of some housing units built by the company in Anthony Village, Lagos, recently. He noted, “Rental income in Nigeria is typically low, averaging between
- All News
- January 6, 2025
- 29 views
Stanbic IBTC Insurance passes audit certification
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings, has announced that it has successfully passed a comprehensive audit. This has resulted in the issuance of an IQNET-recognised certificate confirming that the company has implemented and maintained a quality management system by DQS Holding. This system covers the scope of life insurance and fulfills
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Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings, has announced that it has successfully passed a comprehensive audit. This has resulted in the issuance of an IQNET-recognised certificate confirming that the company has implemented and maintained a quality management system by DQS Holding. This system covers the scope of life insurance and fulfills
- All News
- January 6, 2025
- 27 views
FG raises group assurance allocation to N17.31bn
The Federal Government has increased the allocation to group life assurance by 80 per cent in the proposed Appropriation Bill for 2025. Listed under the service-wide votes, the sum of N17.31bn was allocated to “group life assurance for all MDAs (including the Department of State Services/insurance of sensitive assets/members of the National Youth Service Corps,
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The Federal Government has increased the allocation to group life assurance by 80 per cent in the proposed Appropriation Bill for 2025. Listed under the service-wide votes, the sum of N17.31bn was allocated to “group life assurance for all MDAs (including the Department of State Services/insurance of sensitive assets/members of the National Youth Service Corps,
- All News
- January 6, 2025
- 29 views
Put eligible pensioners on payroll, retirees beg PTAD
Retirees under the auspices of the Concerned Federal Pensioners have called on the Pension Transitional Arrangement Directorate to ensure that every eligible pensioner is put on the payroll. This is one of the association’s expectations for the new year shared with The PUNCH on Saturday. Retirees in the association have complaints ranging from unpaid pensions
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Retirees under the auspices of the Concerned Federal Pensioners have called on the Pension Transitional Arrangement Directorate to ensure that every eligible pensioner is put on the payroll. This is one of the association’s expectations for the new year shared with The PUNCH on Saturday. Retirees in the association have complaints ranging from unpaid pensions
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- January 6, 2025
- 28 views
Housing ministry budgets N6.3bn for road infrastructure
The Federal Ministry of Housing and Urban Development has allocated N6, 345,650,913 for road infrastructure in its 2025 executive budget, recently presented by President Bola Tinubu. According to the budget details, the ministry’s capital expenditure for 2025 stands at N83.75bn; of this amount, N69.35bn has been earmarked for the construction and provision of fixed assets,
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The Federal Ministry of Housing and Urban Development has allocated N6, 345,650,913 for road infrastructure in its 2025 executive budget, recently presented by President Bola Tinubu. According to the budget details, the ministry’s capital expenditure for 2025 stands at N83.75bn; of this amount, N69.35bn has been earmarked for the construction and provision of fixed assets,
- All News
- January 5, 2025
- 33 views
Hamas proposes releasing 34 hostages in Israel deal talks
A Hamas official said on Sunday that the Palestinian militants were ready to release 34 hostages as part of the “first phase” of a potential deal with Israel, following Israel’s confirmation that indirect talks on a truce and hostage release agreement had resumed in Qatar. Mediators Qatar, Egypt, and the United States have been working
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A Hamas official said on Sunday that the Palestinian militants were ready to release 34 hostages as part of the “first phase” of a potential deal with Israel, following Israel’s confirmation that indirect talks on a truce and hostage release agreement had resumed in Qatar. Mediators Qatar, Egypt, and the United States have been working
- All News
- January 5, 2025
- 34 views
CAF Cup: Atule scores twice as Enyimba thrash Black Bulls 4-1
Joseph Atule scored twice as Nigerian club Enyimba finally found form in the CAF Confederation Cup, hammering Mozambican visitors Black Bulls 4-1 on Sunday. Despite the victory, the two-time African champions remain bottom of Group D. However, they are just one point behind second-placed Al Masry of Egypt, with two matchdays remaining. The top two
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Joseph Atule scored twice as Nigerian club Enyimba finally found form in the CAF Confederation Cup, hammering Mozambican visitors Black Bulls 4-1 on Sunday. Despite the victory, the two-time African champions remain bottom of Group D. However, they are just one point behind second-placed Al Masry of Egypt, with two matchdays remaining. The top two
- All News
- January 5, 2025
- 34 views
SEC pledges crackdown on Ponzi scams, promises stronger capital market
The Securities and Exchange Commission has pledged to intensify efforts to eliminate Ponzi and pyramid schemes, thereby fostering an environment where genuine investment opportunities can thrive in 2025. The Director-General of SEC, Dr Emomotimi Agama, stated in his New Year message to the capital market community on Sunday that protecting investors remains a cornerstone of
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The Securities and Exchange Commission has pledged to intensify efforts to eliminate Ponzi and pyramid schemes, thereby fostering an environment where genuine investment opportunities can thrive in 2025. The Director-General of SEC, Dr Emomotimi Agama, stated in his New Year message to the capital market community on Sunday that protecting investors remains a cornerstone of
