Imported Petrol Undercuts Dangote PMS After Price Adjustment
Imported Premium Motor Spirit (PMS) has become cheaper than petrol supplied by the Dangote Petroleum Refinery following a recent upward review of the refinery’s gantry price. Industry data from the…
Over 5,000 Shanties Demolished in Awka as Anambra Govt Moves to Revoke Undeveloped Estate Lands
The Anambra State Government has demolished more than 5,000 shanties and makeshift structures across Awka Capital City as part of a sustained urban renewal and environmental enforcement drive aimed at…
Mortgage Lending Drives Infinity Trust’s Profit to ₦3.02bn in 2025
Infinity Trust Mortgage Bank Plc recorded a strong improvement in earnings in 2025, as expanded mortgage lending and improved credit quality lifted profitability despite rising operating costs. Unaudited results for…
Diaspora Demand Is Reshaping Nigeria’s Property Market Offerings
Nigeria’s property market has undergone a notable transformation over the past five years, driven largely by rising demand from Nigerians living abroad and a prolonged period of currency depreciation. As…
AGF Takes Over Prosecution of Ozekhome as Court Shifts Arraignment to February 24
The Attorney-General of the Federation (AGF) has taken over the prosecution of prominent constitutional lawyer, Prof. Mike Ozekhome, SAN, in an alleged London property fraud case, prompting a Federal Capital…
FMBN Beats Q4 2025 Target, Disburses ₦48.4bn to Boost Housing Access
The Federal Mortgage Bank of Nigeria (FMBN) has exceeded its Q4 2025 housing finance target, disbursing ₦48.4 billion to support homeownership and expand access to affordable housing across the country.…
Opay, Moniepoint, Others Get National Licences as CBN Tightens Oversight
The Central Bank of Nigeria (CBN) has upgraded the operating licences of several FinTech companies and Microfinance Banks (MFBs) to national status, a move aimed at closing regulatory gaps created…
NIQS Urges Data-Driven Collaboration to Build Sustainable Housing in Nigeria
The Nigerian Institute of Quantity Surveyors (NIQS) has called for enhanced advocacy and stronger collaboration among stakeholders to promote a resilient and sustainable built environment, particularly in addressing Nigeria’s widening…
Land Banking Emerges as Top Investment Destination Amid Growing Real Estate Opportunities in Nigeria
As Nigeria’s real estate market expands, land banking has emerged as the most promising investment strategy for long-term wealth creation, according to industry analysts. Land banking involves purchasing undeveloped land—often…
Housing Minister Calls on States, Stakeholders to Back National Homeownership Campaign
The Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has urged state governments, housing institutions, development finance institutions (DFIs), and other key stakeholders to actively participate in…