Author: News Room
The Managing Director of Stallion Cardinal Homes, Dr Waliu Adeoye, has noted that rents in Lagos and Abuja have surged by up to 20 per cent annually in some locations, intensifying housing pressure on tenants amid widening affordability challenges. In a statement, Adeoye noted that Nigeria’s real estate sector stands at a critical crossroads in 2026, with an unprecedented convergence of policy reforms that could redefine housing access if properly implemented. He said, “Nigeria’s rental market is worsening, especially in Lagos and Abuja, where rents are rising by 15 to 20 per cent annually in some locations. Most urban Nigerians…
The Edo State Police Command on Sunday said suspects who looted and vandalised property during a protest in Ekpoma, Esan West Local Government Area of Edo State, following a peaceful protest over insecurity on Saturday, had been arrested. PUNCH Metro gathered on Sunday that residents of Ekpoma had blocked the highway on Saturday over the death of a youth on Friday night and rising insecurity, which had led to kidnappings in the area. During the protest, angry youths chased traders away from the livestock market in Ekpoma, Edo Central, and slaughtered goats belonging to the traders. In multiple videos circulating…
Manchester United are expected to accelerate the process of appointing a new interim head coach, with a final decision looming between Michael Carrick and Ole Gunnar Solskjaer following face-to-face talks with the club’s hierarchy. As reported by Sky Sports News on Monday, both former United players have now presented their cases to senior figures at Old Trafford, with further detailed discussions scheduled to take place on Monday. Sky Sports News understands that Carrick made a particularly strong impression during his meetings, although there remains an appreciation within the club of the popularity Solskjaer enjoyed during his previous spell in charge.…
The majority of debanking cases in the US are a result of government pressure, rather than individual banks’ policies, according to a new report from the American think tank the Cato Institute.Cato Institute analyst Nicholas Anthony explained in a report on Thursday that debanking could take several forms: religious or political, the idea that a financial institution closes accounts solely due to political or religious belief or affiliation; operational, when a bank chooses to close a customer’s account as it’s no longer in the bank’s interest; or government, when a government pressures a financial institution to close a customer’s account. “While…
Macaulay Culkin and Brenda Song got all glammed up for the 2026 Golden Globes. The couple coordinated in all black at the 83rd annual awards show on Sunday, January 11, at The Beverly Hilton in Los Angeles. Culkin, 45, looked dapper in a classic tux, while Song, 37, took a fashion risk with daring cutouts around the midriff of her black gown. The pair looked elegant as they posed side by side on the red carpet. Days before the awards ceremony, Culkin was announced as one of many A-list presenters set to make an appearance. He was previously nominated for…
Two security operatives deployed to Kwande Local Government Area of Benue State have been killed by suspected armed herdsmen, raising renewed security concerns in the area. The attack happened on Saturday in Udeku, a community in the Turan district of Kwande LGA. A community leader, Akerigba Lawrence, who spoke with The PUNCH, said the killings forced many residents to flee the community, adding that normal activities had been disrupted as fear spread in the area. “Everything has shut down here,” Mr Lawrence said. “There are no economic or social activities going on anymore. People are scared.” The deceased officers were…
Nigerian stocks sustained its strong start to the year last week as the main equity index added 3.7 per cent, driven by gains from industrial goods and oil & gas equities. All the sector indexes appreciated during the week. New entry positions and reinvestment by investors on account of the new year are likely to shape activities in the market in the next few weeks. “Some investors may also reposition their portfolios ahead of anticipated 2025 full-year earnings and dividend declarations, focusing on stocks with strong earnings potential,” analysts at Meristem Securities had said in their outlook for the week.…
The Chairman, Abia State Council of Traditional Rulers, Eze Linus Nto Mbah has condemned the recent statement of former Abia Governor, Orji Uzor Kalu, where he said that Governor Alex Otti is only repainting the roads he (Kalu) built. Eze Nto Mbah, who was also reacting to the Abia North North Senator’s vow to stop the re-election of Governor Alex Otti in 2027, alleged that plots are on to terminate ongoing transformation in Abia. He also condemned the recent meeting convened by former Governors of Abia State at the residence of former Governor Theodore Orji, describing the meeting as conspiracies…
Activist lawyer, Deji Adeyanju, has said frontline supporters of President Bola Tinubu are backing Peter Obi to emerge as the presidential candidate of the African Democratic Congress, ADC. Adeyanju said Tinubu’s major supporters like the Minister of Aviation and Aerospace Development, Festus Keyamo and former governor of Ekiti State, Ayodele Fayose are supporting Obi to emerge as ADC candidate. He was reacting to Fayose’s remark that Obi is the only life in ADC. Fayose had said: “Peter Obi is the only life in ADC. Other lives there are semi-existing. Atiku and Tambuwal destroyed PDP.” Posting on X, Adeyanju wondered why…
Nasarawa State Police Command has arrested two suspected armed robbers listed as wanted for their alleged involvement in multiple robbery operations across the state. The suspects, identified as Kabiru Isah and Monday Bulus, were arrested by operatives of the command’s Anti-Robbery Section on January 10, 2026, following actionable intelligence. In a statement, the Police spokesperson, SP Ramhan Nansel disclosed that the suspects were apprehended around Azuba Centre, a suburb of Lafia Local Government Area, where they had allegedly gone to plan another criminal operation. Unknown to them, they had already been placed under close surveillance by security operatives. Nansel stated…
