Why Nigerian Banking Elites Are Increasingly Buying London Property Despite Rising UK Taxes
Some of Nigeria’s top bankers and business elites are increasingly acquiring luxury properties in London as a strategy to protect wealth against economic uncertainty, currency volatility and long-term financial risks.…
NDIC, Wema Bank Face Off Over Banana Island Properties Worth N63bn
The Nigerian Deposit Insurance Corporation (NDIC) and Wema Bank have become embroiled in a legal battle over disputed properties in Banana Island, Lagos, with the assets estimated to be worth…
FG Tells SERAP It Has No Detailed Records of Local Contractors in $460m Abuja CCTV Project
The Federal Government has informed the Socio-Economic Rights and Accountability Project (SERAP) that it does not possess detailed records identifying local contractors involved in the controversial $460 million Abuja CCTV…
NITP, RTPI Strengthen Urban Planning Collaboration at World Urban Forum 13 in Baku
The Nigerian Institute of Town Planners (NITP) has strengthened its international partnership with the Royal Town Planning Institute (RTPI) during a sideline meeting at the ongoing World Urban Forum 13…
FHA Dismisses Allegations of Land Grabbing, Extortion Against Management
The Federal Housing Authority (FHA) has rejected allegations of land grabbing, extortion, and administrative high-handedness levelled against its Managing Director and Chief Executive Officer, Oyetunde Ojo, describing the claims as…
Top Paint Companies Set for AIHS @20 Exhibition in Abuja as Housing Sector Expands
As preparations intensify for the 20th Anniversary Edition of the Africa International Housing Show (AIHS 2026), attention is shifting toward leading paint manufacturers expected to showcase innovative products at Africa’s…
FHA Moves to Revive Festac, Expand Home Ownership
The Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA), Oyetunde Oladimeji Ojo, has said the agency is repositioning itself to drive affordable housing delivery and revive…
Oyo Government Pays Property Owners Over Road Expansion
The Oyo State Government has commenced the payment of compensation to property owners affected by the ongoing expansion and asphaltic reconstruction of the Ojoo–Akinyele Road in Ibadan. The government said…
Supreme Court Voids Parts of NIWA Act, Restrains FG from Controlling Waterfront Lands in States
*Declares Sections 12, 13 unconstitutional *Affirms states’ control over adjoining lands for non-navigational purposes Alex Enumah in Abuja and Wale Igbintade in Lagos The Supreme Court has delivered a…
US Tightens Green Card Rules, Nigerians on Temporary Visas May Need to Apply From Home Countries
The United States Citizenship and Immigration Services (USCIS) has announced a new policy requiring foreigners temporarily residing in the country, including Nigerians, to return to their home countries before applying…