Cape Town Faces Reality Check as Soaring Housing Market Nears Breaking Point
Cape Town’s skyline is stunning. But behind the beauty lies a serious housing problem. Thousands of people are moving into Africa’s most expensive real estate city, and the pressure is…
U.S. Slams Nigeria’s Import Ban, Raises Tariffs on Exports
Tensions Rise Over Trade RestrictionsTrade friction between Nigeria and the United States intensified this week. The U.S. criticized Nigeria for continuing its ban on 25 categories of imported goods. According…
FG Warns Nigerians to Brace for Potential Flooding
The Nigerian government has asked citizens to stay alert as the rainy season begins. Flooding may occur in several parts of the country. On Thursday, the 2025 Annual Flood Outlook…
Tragedy in Lekki: Woman Crushed in Her Sleep by Falling Water Tank
A tragic incident in Lekki, Lagos, has left many shaken. Cynthia Oguzie, a 30-year-old woman, lost her life after an overhead water tank came crashing through her ceiling while she…
Angola Turns to 3D Printing to Close Massive Housing Gap
Angola’s Housing Shortfall Sparks Innovation Angola is turning to a bold solution to fix its growing housing crisis. A local startup, Power2Build, is using 3D concrete printing to build homes…
Act Now or Lose It: Kano Sends Final Warning to Landowners
Landowners in Kano State are running out of time. The government has given a final 60-day extension for those who have not recertified their Certificates of Occupancy. After this period,…
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…