MREIF Disburses N97.6bn for Housing, AHCN Seeks Wider Access to Funds
The Mofi Real Estate Investment Fund (MREIF) has disbursed over N97.6 billion to Nigerians for housing acquisition within its first year of operation, the Association of Housing Corporations of Nigeria…
Housing Finance Shortfall in Africa Reaches $1.4 Trillion — IFC Report
Africa’s housing crisis has deepened, with the continent now facing an estimated $1.4 trillion housing finance shortfall, according to the International Finance Corporation (IFC). The report highlights a widening gap…
Developer Calls for Strict Building Standards to Address Housing Deficit
A property firm, Makarios Luxury Properties Limited, has stressed the need for strict adherence to building standards to curb structural failures and tackle Nigeria’s housing deficit. Chairman of the firm,…
Middle East Tensions Threaten Nigeria’s Manufacturing Sector — MAN
The Manufacturers Association of Nigeria (MAN) has warned that escalating tensions in the Middle East, particularly the US-Iran conflict, pose significant risks to Nigeria’s manufacturing sector, threatening growth projections and…
FG Uncovered 45,000 Ghost Workers Through BVN Integration — Adeosun
Former Minister of Finance, Kemi Adeosun, has revealed how the Federal Government uncovered 45,000 ghost workers in the public service through the integration of the Bank Verification Number (BVN) system.…
Tinubu Approves N3.3tn Debt Settlement to Revive Power Sector
Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to settle longstanding debts in Nigeria’s power sector, in a move aimed at stabilising electricity supply and restoring investor confidence.…
Sanwo-Olu Approves 50-Year Lease Renewal for Ikoyi-Obalende Property Owners
The Governor of Lagos State, Babajide Sanwo-Olu, has approved a 50-year lease renewal for property owners in the Ikoyi-Obalende axis as part of a comprehensive urban regeneration initiative. The decision…
Naira Strengthens Against Euro, Shows Signs of Stability in Forex Market
The Nigerian Naira posted modest gains against the Euro over the past week, reflecting improving stability in the foreign exchange market. Latest figures from the Central Bank of Nigeria showed…
CSOs Condemn Wike’s ‘Shoot’ Remark Against Seun Okinbaloye, Demand Apology
A coalition of press freedom and civil society organisations has condemned remarks made by the Minister of the Federal Capital Territory, Nyesom Wike, directed at Seun Okinbaloye of Channels Television.…
11 Killed, Over 50 Houses Burnt in Fresh Nasarawa Community Clash
No fewer than 11 persons have been confirmed dead following a renewed outbreak of violence between rival communities in Nasarawa State. The clash, which occurred in the early hours of…