Nigeria Urged to Embrace Innovation for Durable Infrastructure
Nigeria’s collapsing highways and runways will continue draining public funds unless innovation becomes central to infrastructure policy, a U.S.-based expert has said. Isaac Oyawoye, a concrete engineer involved in advanced…
Plateau Bets on Housing to Tackle Insecurity, Empower Workers
In a bold move that blends social reform with security strategy, Plateau State Governor Caleb Manasseh Mutfwang has launched the construction of a 2,000-unit workers’ housing estate in Miango, Bassa…
CBN Confirms 14 Banks Meet Fresh Capital Standards Amid Sector Reforms
The Central Bank of Nigeria’s latest recapitalisation drive has entered a decisive phase, with 14 banks now confirmed to have fully complied with the new minimum capital requirements. Governor Yemi…
Turkey Endures Worst Drought in 50 Years
Turkey is facing its worst drought in more than half a century, with rainfall dropping 27 percent below the 30-year average, according to the Turkish State Meteorological Service (MGM). From…
Material Testing Lab Launched to Prevent Building Collapse in Abia
Efforts to curb the frequent menace of building collapse in Nigeria have received a major boost with the establishment of a state-owned material testing laboratory in Umuahia. The initiative, unveiled…
Rising Cement Prices Pose Grave Risk to Housing and Infrastructure Development – Umahi
Nigeria’s ambitious housing and infrastructure programmes risk being undermined by the relentless rise in cement and other building material prices, the Minister of Works, Senator David Umahi, has warned. Speaking…
BREAKING: CBN Cuts Interest Rate to 27%
The Central Bank of Nigeria (CBN) has reduced the country’s benchmark interest rate to 27.00 per cent, marking the first adjustment in 2025. CBN Governor, Olayemi Cardoso, announced the decision…
Global Support Grows for Nigeria’s Push on State Police, LG Autonomy
The European Union, United Kingdom, and United Nations have expressed strong support for Nigeria’s ongoing constitutional amendment efforts, particularly proposals to establish state police, grant greater autonomy to local governments,…
Nigeria’s Crude Oil Output Hits Four-Year High as GDP Growth Strengthens
Nigeria’s average daily crude oil production rose to 1.68 million barrels per day in the second quarter of 2025, the highest quarterly output recorded since 2022. This is according to…
Ijora-Badia Demolition: Landowners Defend Action as Traders Lament Losses
The demolition of 35 shops along Gasikiya College Road, Ijora-Badia, Lagos, has pitted displaced traders against the new landowner, Omopariola Adeleye, who insists the exercise was legal. “I lawfully bought…