FHA Begins 195-Unit Housing Estate Project in Ogun to Expand Affordable Housing
The Federal Housing Authority (FHA) has commenced construction of a 195-unit housing estate in Ogun State, intensifying efforts to expand affordable housing delivery and revive large-scale public housing development across…
FG Approves 40% Peculiar Allowance For Federal Civil Servants
The Federal Government has approved the long-awaited 40 per cent peculiar allowance for federal civil servants following sustained pressure from organised labour and threats of industrial action. The decision followed…
FG Pledges Timely Delivery Of Renewed Hope Housing Projects Nationwide
The Minister of Housing and Urban Development, Engr. Muttaqha Rabe Darma, has reiterated the Federal Government’s commitment to ensuring timely completion of all ongoing housing projects across Nigeria. He made…
Informal Land Market Gains Ground As Formal System Lags Behind
The informal land market is attracting increasing attention from real estate investors in Nigeria, driven by its speed, flexibility, and lower transaction costs compared to the formal system. A report…
Emefiele Trial: EFCC Submits Newspaper Publications As Evidence In Naira Redesign Case
The Economic and Financial Crimes Commission (EFCC) on Monday tendered several newspaper publications as evidence in the ongoing trial of former Central Bank of Nigeria Governor, Godwin Emefiele, over allegations…
Abbey Mortgage Bank Seeks Approval To Raise N164.5bn
Abbey Mortgage Bank Plc is seeking shareholders’ approval to raise up to N164.5 billion through a combination of equity and debt instruments as part of its expansion and restructuring plans.…
FG Hands Over New Carter Bridge Construction To CCECC In Lagos
The Federal Government has officially handed over the construction of a new Carter Bridge in Lagos to China Civil Engineering Construction Corporation (CCECC) as part of efforts to strengthen critical…
Nigeria Can’t Rely On Borrowing To Fund Development — Oyedele
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that Nigeria can no longer depend mainly on borrowing to finance development, stressing the need for…
Court jails ex-power minister Mamman 75 years for corruption, money laundering
The Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to 75 years imprisonment after finding him guilty of corruption and money laundering involving about ₦33.8…
NMRC Lists ₦11.5bn Bond On FMDQ To Boost Affordable Housing Finance
FMDQ Securities Exchange Limited has approved the listing of the ₦11.50 billion 10-year 17.25 per cent Series 1 Fixed Rate Bond issued by Nigeria Mortgage Refinance Company Plc (NMRC) under…