Demolition Tragedy: Man Dies Hours After Abuja Structure Pulled Down
A man who was caught in the aftermath of a demolition exercise in the Federal Capital Territory has died just hours after the incident, deepening concerns about the human toll…
Real Estate Becomes Nigeria’s Third Largest Sector After GDP Rebasing
Nigeria’s Real Estate industry has climbed to the third spot among the country’s largest economic sectors, following the latest GDP rebasing by the National Bureau of Statistics (NBS), which revealed…
Lafarge Africa Triples Q2 Profit to ₦126.6bn as Cement Sales Drive ₦516.9bn Half-Year Revenue
Cement giant Lafarge Africa Plc has posted a pre-tax profit of ₦126.6 billion for the second quarter of 2025, marking a 233.9% jump from the ₦37.9 billion recorded in Q2…
Nigeria’s External Reserves Rise to $40.1 Billion in July — CBN Governor
Nigeria’s external reserves have surged to $40.11 billion as of July 2025, marking the highest level in nearly a year, according to Central Bank Governor Yemi Cardoso. Cardoso made the…
Suspended Senator Natasha Storms National Assembly with Supporters Amid Tight Security
Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, on Tuesday made a dramatic appearance at the National Assembly complex, flanked by a crowd of supporters, despite her suspension by the Senate…
Lagos Luxury Property Market Surges to $7.5 Billion Amid Rising Demand, High Yields
The Lagos luxury housing sector has been valued at approximately ₦3.2 trillion ($7.5 billion), marking a significant milestone in the city’s evolving real estate landscape. According to the newly released…
62 Dead in Lagos Fire, Building Collapses — Mid-Year Emergency Report Reveals
A total of 62 lives have been lost to fire outbreaks and building collapses in Lagos State within the first six months of 2025, according to the Mid-Year Activity Report…
FG Completes 150 Slum Upgrades Nationwide, Generates Over 250,000 Jobs
The Federal Government has completed over 150 slum upgrading and urban renewal projects across Nigeria’s six geopolitical zones, under the National Urban Renewal and Slum Upgrade Programme, transforming lives in…
NIQS Calls for $150 Billion Annual Investment to Bridge Nigeria’s Infrastructure Gap
The Nigerian Institute of Quantity Surveyors (NIQS) has raised an urgent call for decisive investment action to close Nigeria’s widening infrastructure deficit, estimating that a minimum of $150 billion annually…
FG, Agencies Seal Pact to Reform Construction Sector, Curb Collapses
In a strategic move to confront deep-rooted challenges plaguing Nigeria’s construction industry, the Federal Ministry of Science, Technology, and Innovation (FMSTI) has formalised a multi-stakeholder agreement with key regulatory bodies…