Lagos, Abuja Rents Climb 20% Yearly as Housing Pressure Deepens

Housing affordability in Nigeria’s two largest cities, Lagos and Abuja, is worsening as annual rent increases of up to 20 per cent push accommodation costs further beyond the reach of…

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Ekiti Housing Costs Rise as Inflation Drives Rent Surge

Residents of Ekiti State are grappling with a sharp rise in housing costs as inflation continues to drive rents beyond the reach of many households, sparking fears of a deepening…

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Tinubu, Shettima Budget N9.3 Billion for Travel and Refreshments in 2026

In a move that has sparked mixed reactions, President Bola Tinubu and Vice President Kashim Shettima have been allocated a combined total of N9.3 billion for their travel expenses and…

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FG to Demolish 355 Buildings in Anambra for Alaoji-Onitsha Powerline Project

The Federal Government has announced plans to demolish 355 buildings in various parts of Anambra State to facilitate the construction of the Alaoji-Onitsha Powerline. This project, which is crucial to…

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Lagos State Temporarily Shuts Public Parks for Routine Maintenance

The Lagos State Parks and Gardens Agency (LASPARK) has announced the temporary closure of all public parks across the state for essential maintenance and upgrades. The closures, scheduled to take…

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FG Removes Works Controller, Sets February Deadline for Completion of Mararaba–Keffi Road

Federal Government Enforces Strict Measures to Ensure Timely Completion of Mararaba–Keffi Expressway The Federal Government has taken decisive action regarding the delayed Mararaba–Keffi Expressway project, removing the Controller of Works…

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Housing Ministry Sets Sights on Project Completion, Calls for Staff Unity in Achieving National Housing Goals

The Ministry of Housing and Urban Development has committed to completing all ongoing housing projects in 2026, with a particular focus on the high-profile Renewed Hope Housing Projects. This move…

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CBN Predicts Petrol Price Surge to N950 per Litre by 2026

In its 2026 Macroeconomic Outlook, the Central Bank of Nigeria (CBN) has projected that the price of Premium Motor Spirit (PMS), commonly known as petrol, could rise to approximately N950…

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U.S. to Increase Immigration Processing Fees by 5.6% Starting March 1, 2026

The United States Department of Homeland Security (DHS) has confirmed a significant hike in premium processing fees for immigration applications, effective March 1, 2026. The fee increase, which averages 5.6%,…

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Naira Strengthens to N1,424.5/$ in Second Trading Week of 2026

The Nigerian naira recorded a modest but steady appreciation against the U.S. dollar in the second trading week of 2026, closing at N1,424.5/$ on Friday. This reflects the improving fundamentals…

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