CBN Orders Banks to Announce New CEOs Three Months Before Incumbent’s Exit
The Central Bank of Nigeria (CBN) has directed all Domestic Systemically Important Banks (DSIBs) to publicly announce the appointment of a new Managing Director/Chief Executive Officer (MD/CEO) at least three…
Nigeria’s New Tax Reforms Promise Relief for Real Estate Sector
Nigeria’s real estate industry may be on the verge of a major shake-up following the proposed tax reforms under the Presidential Fiscal Policy and Tax Reform Committee. The reforms are…
Affordable Housing: Hope for Nigerian Youth Seeking Home Ownership
For many young Nigerians, the dream of owning a home is becoming increasingly challenging. Soaring property prices, limited access to affordable mortgages, and economic instability have made home ownership seem…
Investigation Proves Nigerian Professors Are Lowest Earners In Africa
Nigerian university professors are among the worst paid in Africa, earning an average of $366 (about N500,000) monthly — far below counterparts in South Africa ($57,471 annually), Uganda ($50,595), and…
Airlines Warn of Shutdown Over New Taxes
Nigeria’s airlines say new government taxes could shut down the sector, as President Bola Tinubu’s reforms reintroduce VAT on air tickets and customs duties on aircraft, engines, and spares from…
Court Confirms Forfeiture of $7m Stashed in Lagos Bank
A Federal High Court in Abuja has ordered the final forfeiture of $7 million in cash found hidden in a commercial bank on Victoria Island, Lagos. Justice Emeka Nwite issued…
UK Tribunal Unmasks Web of Forgery in Useni Property Case
A UK property tribunal has dismissed rival claims over a London house in a case involving alleged forgery, fake death claims, and false identities. The dispute centred on 79 Randall…
Federal Government Suspends 4% Import Duty After Widespread Outcry
The Federal Government has suspended the four per cent import duty levy after strong opposition from importers, manufacturers, and trade associations who warned it would raise costs and weaken Nigeria’s…
Canadian Prime Minister Launches C$13 Billion Housing Agency To Ease Affordability Crisis
Prime Minister Mark Carney on Sunday announced Build Canada Homes, a new federal agency with C$13 billion ($9.39 billion) funding to boost affordable housing across the country. “We’re in a…
Police Sanction Officers Over 300k Extortion In Edo State
The Edo state police command have announced the recovery of N300,000 extortion from a furniture maker by some of its officers attached to the Oba Market Area command in Benin…