UK Average House Price Hits £291,268 in July, Marking 0.8% Increase
UK house prices increased by 0.8% in July, and lower mortgage rates are expected to lead to continued growth throughout the rest of the year, according to mortgage lender Halifax.…
Affordable Housing Solutions for Civil Servants Amid Economic Hardship
As the current economic situation poses significant challenges to the housing needs of civil servants, it is essential to explore innovative and sustainable solutions to provide affordable housing options. Accommodation…
Nigeria Spends $600 Million Monthly on Fuel Imports- Wale Edun
Nigeria's Finance Minister and Coordinating Minister of the Economy, Wale Edun, revealed on AIT’s Moneyline program that the country is currently spending $600 million monthly on fuel imports. This substantial…
World Bank Report Highlights Obstacles to Economic Progress for Developing Countries
The World Bank has highlighted significant challenges facing developing economies, including high debt burdens, aging populations, and rising protectionism in advanced countries. The COVID-19 crisis has exacerbated these issues, increasing…
Hotel Collapse in Germany: One Dead, Several Injured
At least one person has died and several others have been injured following the collapse of a hotel in the popular wine village of Kröv in western Germany overnight. A…
Naira Appreciates to N1,585 per Dollar in Parallel Market
The Naira appreciated N1,585 per dollar in the parallel market yesterday, improving from N1,600 per dollar on Monday. Similarly, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira appreciated…
Nigeria to Begin 150-Day Customs Duty Suspension on Imported Food Items
The Federal Government announced on Tuesday that guidelines for the suspension of customs duty and taxes on imported food items are set to commence next week. This move is part…
Economic Crisis Sparks Wave of Youth Protests Across Africa
Young protesters in Kenya have successfully demanded the withdrawal of a bill that would have raised taxes on essential items, including bread, vegetable oil, and sanitary towels. Inspired by their…
Sanwo-Olu Govt Completes 19 Abandoned Housing Schemes
In a commendable achievement, the administration of Governor Babajide Sanwo-Olu has successfully completed 19 previously abandoned housing schemes. This remarkable feat has earned the Housing Commissioner the prestigious Housing Commissioner…
Best of AIHS Awards and Honours: Leading Exhibitors, Partners Win, Celebrate at the end of the show Dinner
The Africa International Housing Show (AIHS), a leading event in the housing and construction industry in Africa, supported by Nigeria’s Housing Ministry, has honored notable stakeholders and individuals for their…