Army Chief Hands Over 30 New Housing Units to Soldiers in Lagos Barracks
The Chief of Army Staff (COAS), Lt. Gen. Waidi Shaibu, has handed over 30 newly constructed housing units to soldiers in Lagos, reinforcing the Nigerian Army’s commitment to personnel welfare…
10 Years After Commissioning, Kwankwasiyya Mega City Remains Largely Unoccupied
More than a decade after its commissioning, the Kwankwasiyya Mega City in Kano remains largely unoccupied, raising fresh concerns over housing affordability and urban planning in Nigeria. The mega housing…
Easter Attacks: 27 Killed in Kaduna, Benue, Katsina as Troops Rescue 31 Hostages
No fewer than 27 persons have been killed in coordinated attacks across Kaduna State, Benue State, and Katsina State during Easter celebrations, with several others abducted and properties destroyed. The…
MREIF Disburses N97.6bn for Housing, AHCN Seeks Wider Access to Funds
The Mofi Real Estate Investment Fund (MREIF) has disbursed over N97.6 billion to Nigerians for housing acquisition within its first year of operation, the Association of Housing Corporations of Nigeria…
Housing Finance Shortfall in Africa Reaches $1.4 Trillion — IFC Report
Africa’s housing crisis has deepened, with the continent now facing an estimated $1.4 trillion housing finance shortfall, according to the International Finance Corporation (IFC). The report highlights a widening gap…
Developer Calls for Strict Building Standards to Address Housing Deficit
A property firm, Makarios Luxury Properties Limited, has stressed the need for strict adherence to building standards to curb structural failures and tackle Nigeria’s housing deficit. Chairman of the firm,…
Middle East Tensions Threaten Nigeria’s Manufacturing Sector — MAN
The Manufacturers Association of Nigeria (MAN) has warned that escalating tensions in the Middle East, particularly the US-Iran conflict, pose significant risks to Nigeria’s manufacturing sector, threatening growth projections and…
FG Uncovered 45,000 Ghost Workers Through BVN Integration — Adeosun
Former Minister of Finance, Kemi Adeosun, has revealed how the Federal Government uncovered 45,000 ghost workers in the public service through the integration of the Bank Verification Number (BVN) system.…
Tinubu Approves N3.3tn Debt Settlement to Revive Power Sector
Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to settle longstanding debts in Nigeria’s power sector, in a move aimed at stabilising electricity supply and restoring investor confidence.…
Sanwo-Olu Approves 50-Year Lease Renewal for Ikoyi-Obalende Property Owners
The Governor of Lagos State, Babajide Sanwo-Olu, has approved a 50-year lease renewal for property owners in the Ikoyi-Obalende axis as part of a comprehensive urban regeneration initiative. The decision…