NiMet Issues Fresh Flood Alert for 13 States
The Nigerian Meteorological Agency (NiMet) has warned residents and authorities in 13 states to prepare for possible flash floods between August 11 and 20, 2026, as heavy rainfall continues across…
Mbah Approves Land for ITF Digital Fabrication Centre in Enugu
The Enugu State Government has allocated land in the state capital for the establishment of a Digital Fabrication Centre by the Industrial Training Fund (ITF) as part of efforts to…
FG Intensifies Housing Drive, Targets 100,000 Units Before 2027
The Federal Government has set a target to complete and deliver 100,000 housing units before 2027 as it intensifies implementation of the Renewed Hope Housing Programme. The target is part…
MREIF Posts ₦14.49bn Profit as Mortgage Banks Demand More Housing Finance
The Mortgage Banking Association of Nigeria (MBAN) has called on the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) to translate its strong financial performance into increased mortgage lending…
Two-Bedroom Apartments on Lagos Island Now Rent for ₦17.25m
The cost of renting a two-bedroom apartment on Lagos Island has risen to as much as ₦17.25 million annually, highlighting the growing pressure on tenants as housing costs continue to…
Enugu Reclaims Wuye Property After Land-Grabbing Dispute
The Enugu State Government has regained control of a 1.4-hectare property in Wuye District, Abuja, following a prolonged dispute over alleged attempts by land grabbers to take over the site.…
CBN Reports Increase in Housing and Mortgage Credit Demand
More Nigerians are turning to bank loans to finance the purchase and construction of homes, with demand for housing-related credit recording a notable increase in the second quarter of 2026.…
10 Ways to Invest in Lagos Real Estate Without Buying Land
Rising property prices and expensive mortgage financing are changing how many Lagos residents participate in the real estate market, with alternative investment models providing ways to gain exposure to property…
NRS Reports ₦27.1tn Tax Revenue in Seven Months
Nigeria's tax collections rose to ₦27.1 trillion within the first seven months of 2026, according to the Nigeria Revenue Service (NRS), highlighting the continued growth of government revenue from taxation.…
Group Demands Cancellation of Illegal Mining Permits in National Parks
A non-governmental organisation, Bincike International, has called on the Federal Government to revoke illegally issued mining permits operating within Nigeria's protected reserves and prosecute individuals and organisations involved in unlawful…