Current Prices of Building Materials in Nigeria (2024)
As we stride into the promising year 2024, the construction industry in Nigeria is buzzing with activity, and stakeholders are keenly monitoring the fluctuations in building material prices. From cement…
One in every 10 extremely poor people live in Nigeria, says World Bank
It is estimated that about 70.92 million Nigerians are in extreme poverty, according to the World Poverty Clock. The figure translates to 11 per cent of the world’s extreme poor.…
EFCC Exposes Church For Receiving N7bn from Proceeds of Fraud
Ola Olukoyode, the chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the anti-graft agency had traced about N7 billion to a religious organisation. The EFCC boss…
Security Agencies Commence Investigation Into Kidnapping of FHA Staff
Operatives of the IGP Special Intervention Squad (SIS) and the Intelligence Response Team (IRT) have swung into action toward investigating and conducting efforts to locate and rescue the kidnapped director…
Real Estate Experts Lament Economic Downturn, Call for Government Intervention and Affordable Housing Solutions
Real estate industry experts have raised concerns about the current economic downturn in Nigeria. Speaking in separate interviews with our correspondent at the 30th Edition of the Annual Memorial Lecture…
PenCom Mandates Data Recapture for RSA Holders to Access Retirement Savings Accounts
The National Pension Commission (PenCom) has issued a directive urging Retirement Savings Account (RSA) holders enrolled in the Contributory Pension Scheme (CPS) on or before July 1, 2019, to participate…
BREAKING: BDC Operators Shut Down Business In Abuja
The Abuja chapter of Association of Bureau De Change (BDC) Operators has announced the closure of their business premises indefinitely from Thursday, February 1, 2024. The chairman of the Association,…
Gunmen Abduct FHA Mortgage Bank Staff in FCT
Mr. Isaac Aondoove Gwaza, a staff member of the Federal Housing Authority Mortgage Bank, has been abducted by yet to be identified persons in the Federal Capital Territory, Abuja. According…
Nigeria Lags Behind Global Sanitation Goals, Losing $3 Billion Annually
In a recent announcement on Tuesday, the Federal Government revealed that Nigeria is currently falling short of the global Sustainable Development Goal (SDG) sanitation target. The country is unfortunately among…
EFCC Chair: Religious Body Laundering Money for Terrorists
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the anti-graft agency uncovered how a religious sect in Nigeria was laundering money for terrorists.…