FG assumes full control of Keystone Bank
Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will enhance its stability and facilitate a smooth recapitalisation process.…
Lawmakers Move to Halt 50% Telecom Tariff Hike Amid Public Outcry
Nigerian telecommunications companies have begun rolling out a 50% increase in data tariffs, following regulatory approval from the Nigerian Communications Commission (NCC). However, the House of Representatives is now stepping…
Lagos Taskforce Arrests 12 Suspected Land Grabbers in Ikeja
The Lagos State Taskforce has arrested and prosecuted 12 suspected land grabbers accused of terrorizing residents and business owners along NERDC Road, Alausa, Ikeja. The suspects were apprehended following credible…
Housing Shortage Deepens as Pension Funds Cut Real Estate Investments by 91.6%
Nigeria’s housing deficit has worsened as pension funds significantly reduced their investments in the real estate sector, dealing a major blow to efforts aimed at addressing the N21 trillion housing…
The Price of Survival: How Nigerians Battle the Rising Cost of Food
Across Nigeria, the simple act of putting food on the table has become an uphill battle. As food prices skyrocket to unprecedented levels, families, traders, and business owners are forced…
Nigeria Sets Bold Plan to Restore 100 Million Hectares of Degraded Land by 2030
In a significant stride towards environmental sustainability, the Federal Government of Nigeria has announced an ambitious plan to restore at least 100 million hectares of degraded land across the country.…
Naira’s Resurgence Shakes FX Market Amid Dollar Decline
The Nigerian naira has been on an impressive upward trajectory, unsettling the foreign exchange (FX) market and sparking a wave of concern among dollar holders. This unexpected appreciation has sent…
LASG Targets 8,500MW Power Boost to Drive Industrial Expansion
The Lagos State Government has announced an ambitious plan to bridge the 8,500MW electricity shortfall currently stifling its industrial growth. With the state's power demand soaring to 12,000MW, the current…
FG Sets Bold ₦2 Trillion Real Estate Target for 2025, Paving Way for Economic Growth
Nigeria’s real estate sector is gearing up for a transformative leap, with the Federal Government projecting it will hit a staggering market volume of ₦2.25 trillion by 2025. Despite formidable…
FG Pushes for Faster Toll Collection to Ease Traffic Congestion
The indigenous people of the Federal Capital Territory (FCT) under the aegis of Abuja Original Inhabitants Youths and Empowerment Organisation (AOIYEO) have commended the FCT minister, Nyesom Wike, for his…