FG Targets $1 Trillion Economy with New SOE Governance Framework
Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has highlighted corporate governance as a key lever in President Bola Ahmed Tinubu’s push to build a $1…
Dependency on foreign supplies worsens Nigeria’s housing crisis
Nigeria’s housing crisis with an estimated 28 million deficit continues to escalate as limited funding for local production stifles efforts to address the country’s growing demand for affordable homes. The…
Nigerians Skip N71.5bn in Electricity Bills as Sector Drowns in Debt
In January, Nigerian households and businesses consumed electricity worth billions of naira. However, they failed to pay a large portion of their bills. A new report by the Nigerian Electricity…
Trump’s Tariff Twist Puts Nigeria’s Economic Planners on High Alert
The Federal Government is preparing for the potential effects of a 14 percent tariff recently placed on Nigerian exports by the United States. A strategic review by the Economic Management…
Lagos-Calabar Highway Compensation Set to Begin April 26
After months of waiting, property owners affected by the Lagos-Calabar Coastal Highway project finally have a date to hold onto. Compensation payments for Section 2 of the project will begin…
Lagos’ Dream of Monthly Rent Stalls as N5bn Scheme Sits Idle
More than three years after the Lagos State Government introduced its plan for a monthly rental scheme, the project has yet to begin. Even though N5 billion was set aside…
MOFI Pushes Governance Reforms to Unlock Real Estate and Infrastructure Value
The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the Tinubu administration’s commitment to restructuring inefficient state-owned enterprises. He noted that stronger governance frameworks…
AIHS 2025: No Room for Unverified Real Estate Projects – Convener Warns
…Only Credible, Approved Real Estate Companies Will Be Allowed to Exhibit at Africa’s Largest Housing Show As preparations intensify for the 19th edition of the Africa International Housing Show (AIHS),…
From Inefficiency to Impact: MOFI Charts a New Course for State-owned Enterprises
The inaugural Corporate Governance Forum, organized by the Ministry of Finance Incorporated (MOFI), commenced on the 7th of April 2025. The two-day event, held at the prestigious Transcorp Hilton in…
Saudi Arabia Breaks Silence, Dismisses Rumored Visa Ban on Nigeria and 13 Other Nations
A false memo recently went viral, claiming Saudi Arabia had placed visa restrictions on 13 countries. It said the ban would take effect from April 13 and would block citizens…