Federal Government Raises Concerns Over Unfulfilled Land and Housing Resolutions
The Federal Ministry of Housing and Urban Development has introduced a mid-term monitoring and review mechanism to ensure the effective implementation of policies from the annual National Council on Lands,…
Nigerian Businesses Brace for Tough Months as Naira Faces Pressure
Nigerian businesses are bracing for further naira depreciation in the coming months but remain cautiously hopeful for a potential recovery by May 2025, as indicated in the Central Bank of…
Lagos State Revokes Ownership of Unoccupied Housing Units to Boost Accessibility
The Lagos State Government has announced the revocation of housing units allocated through state programs but left unoccupied for over two years. This measure, led by Commissioner for Housing Moruf…
Rising Building Materials Prices Delay Nigerians’ Homeownership Dreams
Many Nigerians aspiring to own homes have been forced to put their dreams on hold as prices of key building materials, especially cement and iron rods, have surged by over…
Trump Names Key Appointees Ahead of 2025 Term
Donald Trump, president-elect of the United States, has announced key figures to lead major departments in his incoming administration, drawing from a close circle of allies and previous appointees as…
IMF Urges Nigeria to Tap Into Property Taxes for Sustainable Economic Growth
The International Monetary Fund (IMF) has identified property taxes as a crucial, yet vastly underutilized, revenue stream that could unlock sustainable development for Nigeria and other low-income countries. In a…
Naira Depreciation Costs 16 Manufacturers a Staggering N792 Billion
George Onafowokan, chairman of the Manufacturers Association of Nigeria (MAN) in Ogun State, has expressed deep concern over the significant losses faced by the manufacturing sector following the government’s 2023…
Tinubu Declares End to Economic Hardship, Promises Growth and Prosperity
President Bola Tinubu has assured Nigerians that the nation's toughest economic challenges are now behind it, signaling a new chapter marked by recovery and growth. This message was conveyed by…
Delta Market Revenue Officers Clash Leaves Two Dead Amidst Gunfire
Two people were reportedly killed in a violent confrontation between youths from Ekiugbo and Iwhreko communities over revenue collection rights at Ughelli Main Market, located in the Ughelli North Local…
SON, COREN, HDAN, CORBON and other professionals Unite to Combat Building Collapse Crisis in Nigeria
In response to the growing crisis of building collapses in Nigeria, leading organizations and professionals across the construction industry have joined forces to implement robust measures for safety. At a…