Inflation Rate Declines to 22.22% in June, But Food Prices Continue to Rise
Nigeria’s inflation rate dropped to 22.22% in June 2025, marking the third consecutive month of decline, according to the latest Consumer Price Index (CPI) report released by the National Bureau…
Dangote Urges Nigeria to Target 60,000MW Power Generation
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has said Nigeria’s electricity output is far too low. He made this statement during a tour of the Dangote…
Abia Community Tensions Rise as Residents Call for Government Mediation in Land Dispute
Tensions are mounting in Umuohu Okpula, a community in Mbaocha Ndume, Umuahia North Local Government Area of Abia State, as a group of residents seeks urgent intervention from the state…
Shelter Afrique Bank Considers Housing Investment Program in Congo
Shelter Afrique Bank has announced plans to explore housing financing initiatives in the Republic of Congo as part of efforts to tackle the country’s growing housing deficit. Speaking during a…
Appeal Court Overturns ₦579bn Stamp Duty Payout to Kasmal, Rules in Favour of CBN
The Court of Appeal in Abuja has overturned a previous judgment awarding ₦579 billion to Kasmal International Services in a dispute over stamp duty collections, ruling in favour of the…
Landmark Africa Begins ₦10bn Revamp of Nike Lake Resort in Enugu
Landmark Africa has officially commenced renovation of the iconic Nike Lake Resort, following its ₦10 billion joint venture with the Enugu State Government aimed at transforming the facility into a…
Court Orders Final Forfeiture of N335m, Hospital, Petrol Stations, and Lands in Fraud Probe
A Federal High Court in Abuja has ordered the final forfeiture of over ₦335 million, Galaxy Hospital, five petrol stations, and several properties linked to an alleged case of advance…
COREN Seeks FCT Partnership to Tackle Engineering Failures
The Council for the Regulation of Engineering in Nigeria (COREN) has called for closer collaboration with the Federal Capital Territory (FCT) Administration to tackle issues of engineering failures arising from…
Kwara Shuts Down Residential Building Over Hazardous Waste Disposal
The Kwara State Environmental Protection Agency (KWEPA) has sealed a residential building in the Agbo-Oba area of Ilorin following confirmed violations of environmental safety regulations. The agency said the building…
Nwabuoku returned ₦220 million and a five-bedroom duplex to EFCC.
Former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, has returned ₦220 million and a luxury duplex in Abuja to the Economic and Financial Crimes Commission (EFCC). This follows an…