IMF Says Poverty Hits 63% in Nigeria Despite Economic Reforms
The International Monetary Fund (IMF) has reported that poverty in Nigeria has risen to 63 per cent of the population despite improvements in macroeconomic stability driven by ongoing economic reforms.…
Edo Government Closes Three Schools Over Kidnap Threat
The Edo State Government has ordered the immediate closure of three secondary schools in Akoko-Edo Local Government Area following intelligence reports of a planned kidnapping attack targeting students. The directive…
Anambra to Partner Private Investors on Mass Housing to Tackle Rising Rents
The Anambra State Government has unveiled plans to develop a mass housing policy through partnerships with private-sector investors as part of efforts to address the state’s growing housing deficit and…
IMF Warns Nigeria Against Proposed $5bn Financing Deal with UAE Bank
The International Monetary Fund (IMF) has advised Nigeria to reconsider a proposed $5 billion financing arrangement with First Abu Dhabi Bank of the United Arab Emirates, warning that the transaction…
Bandits Attack Kogi School, Kill Vice Principal, Child, One Other
Armed bandits have attacked Government Secondary School, Iluke Bunu, in Kabba/Bunu Local Government Area of Kogi State, killing three persons, including a vice principal and a six-year-old child. The attack…
Anambra Mass Housing Policy: Soludo Crashes Rising Rents
A massive local housing initiative The Anambra State Government recently announced an aggressive plan to tackle rising rents. Officials finalized a bold Anambra mass housing policy to address severe local…
Nigeria Solar Panel Exports Hit N85.7bn in Q1 Milestone
A massive renewable energy milestone Nigeria recently achieved a massive milestone in the renewable energy sector. Official financial reports confirm Nigeria solar panel exports reached N85.7 billion. This incredible economic…
N450bn Green Investments: Nigeria Targets Massive Maritime Upgrades
Understanding the push for N450bn green investments The Federal Government recently announced a massive new environmental strategy. Specifically, officials urgently seek N450bn green investments for the maritime sector. This massive…
Nigeria FX Reserves Hit $50.2bn: A Massive 17-Year High
A massive economic milestone achieved The Central Bank recently announced incredibly positive economic news. Nigeria FX reserves officially hit an astounding $50.2 billion. This remarkable figure represents the absolute highest…
Tinubu Highlights Progress on Affordable Housing, Says Over 15,000 Units Under Construction
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to expanding access to affordable housing, saying significant progress is being made under the Renewed Hope Agenda. In a statement outlining…