…difficult without improvements in national security. “Where security fails, productivity collapses, investment retreats, and development stalls,” the statement read. It added that widespread insecurity was increasing Nigeria’s investment risk profile, resulting in higher financing costs, reduced capital inflows and a p…
…three percentage points to 49%. The figures reflect a shrinking market share, not a 50% collapse in sales.Fuel costs reshape buying decisionsFor motorists weighing their next purchase, fuel bills are becoming an increasingly important consideration alongside the vehicle’s price.Disruptions linked to the Middle East con…
…service, I received a call from a neighbour and friend who told me that my wife had collapsed. I was told that she returned from church, dropped her bag and went to a shop in front of our house to buy snacks, which she ate with some people. Since I was at the office, I asked which hospital they could take her to, as sh…
As part of efforts to avert building collapse and combat the use of substandard building materials, the Ogun State Building Production Management Authority, OGBPMA, and the Building Collapse Prevention Guild, BCPG, have brought bricklayers, carpenters, welders, architects, engineers, builders, community leaders and oth…
…daughter have lost their lives after a three-storey building under construction collapsed at Anata Anaba, Okpoko, in Ogbaru Local Government Area of Anambra State. The incident occurred at about 9:45 pm on Wednesday, trapping the mother and her daughter inside their apartment in a neighbouring bungalow. Eyewitnesses sa…
…is Leo."Then he touched his own chest."My name is James."I stared at him."No."His face collapsed."No."I looked at the photograph again.The blonde curls.The eyes and the smile.Everything I had recognized.Everything I had trusted."You are Leo."I pulled my hands away.Behind us, someone began crying.My mother stood."What i…
…Nigerians to excruciating pain through the reckless removal of fuel subsidy, the collapse of the naira and suffocating economic policies, the Tinubu administration now thinks it can bribe Nigerians with 30 days of cheaper fuel. Nigerians will reject your one-month bribe,” he said. Ologbondiyan questioned what would hap…
…the deaths, trauma, financial losses and unanswered questions left behind by building collapses. As experts blame weak enforcement, quackery, substandard materials and poor construction practices, ANOZIE EGOLE examines why building collapses persist and what happens to the families left behind For 50-year-old Saheed Ak…
…judgment in the case to October 27, 2026, following the judge’s absence. Nwanlia collapsed at Court 11, presided over by Justice Amadise Ekadi. A court registry official who witnessed the incident told NAN that Nwanlia suddenly clutched his chest and became unconscious. “Immediately the adjournment was announced, one o…
…comeback Belgium held firm for much of the second half, but their resistance finally collapsed in the closing stages. Désiré Doué levelled the contest with a long-range effort before Cherki completed France’s turnaround just minutes later. The late collapse then became even more painful for Van Bommel’s team as France…
…residents to recognise the consequences of building wrongly. He stated that building collapses and incessant flooding were results of poor planning, adding that quacks had taken over building sites. He said, “This year, we have chosen to address a fundamental issue with our theme: Housing is a Right, build it right. Fo…
…Illa confirmed on Sunday that a man died in Tordera, north of Barcelona, after a wall collapsed. Firefighters also reported the death of another person in Montornès del Vallès, while emergency services searched for a person reported missing in Pineda de Mar after apparently being swept away by a stream. The torrential…
…public offering, paying N25 per share when the market price was N11. Those shares later collapsed to under N3, and by 2011 the bank’s licence was revoked. Shareholders lost everything. No one was jailed. No restitution followed. Then came 2008. Equity market capitalisation fell from N12.13 trillion in March 2008 to N4.…
…with enormous industrial and maritime potential. Rather than allow the institution to collapse, the government should reposition it to become a major centre for technical and technological education. “We are appealing to Governor Dapo Abiodun to rescue GIPI from institutional decline. Converting it to a polytechnic, ad…
…in June aimed at providing a framework for a permanent resolution, but the deal collapsed, largely due to disagreements over the Strait of Hormuz.See more Punch stories on Google.Add Punch on Google Iran has sought to impose control over the vital shipping lane since the start of the war, and has attacked vessels that…
…the recommendations of the Council for the Regulation of Engineering in Nigeria on the collapse of the reinforced concrete cantilever entrance canopy at the ongoing State House of Assembly Complex. The Deputy Governor, Manassah Jatau, made the commitment while receiving the COREN investigation report on behalf of the s…
…at a funeral in the community and resident TCCG pastor, Deacon Steve Eyo, suddenly collapsed and was later pronounced de@d. PM News reports that the cleric had attended the funeral and was preaching on the topic-"The Certainty of De@th and Hope Beyond." Eyewitnesses said the cleric told the mourners that de@th was cert…
…Bola Tinubu’s economic reforms, saying the nation was “teetering on the verge of collapse” before the withdrawal of fuel subsidy and unification of exchange rates. The Vice President urged Nigerians to be “generous” to a leader he credits with saving the economy. Speaking after a meeting with Tinubu at the President’s…
Tragedy hit the Nigerian Christian community after a pastor collapsed mid-sermon at a funeral in Aleto, Rivers StateThe pastor was preaching to over 300 mourners when he suddenly fell about 15 minutes into his messageEyewitnesses said some mourners initially thought the collapse was part of the pastor's dramatic illust…
…surveys and hydraulic assessments to determine the appropriate structure after the road collapsed following six days of heavy rainfall. “At present, we are only doing emergency work to enable traffic to flow. We are already on the ground carrying out a survey, and our design team is already working on the design,” he s…
…in the power sector, darkness in many parts of the country and recurring national grid collapses, here comes a brilliant idea to identify high-demand commercial and industrial hubs, such as Lagos, the Abuja-Kaduna-Kano corridor and the Enugu-Port Harcourt axis, and concentrate 24-hour, uninterrupted electricity supply…
…disappeared. In another block, there are no doors. In yet another, the toilet has collapsed. Read Also: Death in Delta: More questions on ‘transfer fee’ saga that consumed Adeda Yet, every morning, children still come. They come carrying exercise books, pencils and the dreams their parents have entrusted to public educ…
…OMOTAYO writes about the hardship faced by commuters in Ilorin, Kwara State after the collapse of the Kwara-Oyo link bridge At the Oko-Olowo end of the Ilorin–Igbeti Federal Highway, muddy floodwater has swallowed parts of the road, leaving stranded vehicles on one side and weary passengers picking their way across a n…
…local payment issues? Red Flags Nigerians Should Never Ignore Nigeria has seen painful collapses of schemes that presented themselves as trading or investment platforms. Many people lost their savings. Common warning signs include: guaranteed or fixed high returns rewards for recruiting friends and family pressure to d…
…of these choices are often disastrous, pointing out that “the proliferation and collapse of Ponzi schemes have demonstrated, time and again, the enormous financial and emotional cost of placing hard-earned resources in unregulated schemes.” He advised citizens to exercise strict caution, adding that “if an investment p…