Governor Mbah Signs Landmark Land Use Regulation, Boosts Property Value
The Managing Director of Powell Homes and Shelters Limited, Chibuikem Onyekachi, has commended the Enugu State government for its transformative Land Use Regulation 2025 and Executive Order No. 1, which…
Wike Faces Lawsuit as Scavengers and Beggars Seek N500m Compensation
A group of vulnerable residents of the Federal Capital Territory (FCT), including scavengers, beggars, and petty traders, has taken legal action against the Minister of the FCT, Nyesom Wike, seeking…
The Challenges of Nigeria’s Land Use Act: Experts Speak
The prosperity of a nation relies significantly on its natural resources, with land standing as a cornerstone of wealth and societal development. In Nigeria, the Land Use Act of 1978…
Nigerian Pension Funds Bet Big on Real Estate with a Massive N267bn Growth
Over the past five years, Nigerian Pension Fund Administrators (PFAs) have significantly increased their stake in the real estate sector, with investments surging by an impressive N267.93 billion. This marks…
Tinubu Appoints Folashade Adekaiyaoja DSS Deputy DG
President Bola Tinubu has appointed Folashade Adekaiyaoja as the Deputy Director General of the Department of State Services (DSS). The president made the appointment on the recommendation of the DG,…
How Lagos’ Infrastructure-Driven 2025 Budget Could Shape Housing Opportunities
The Lagos State government has approved an ambitious N3.366 trillion budget for 2025, with 62% of the funds earmarked for infrastructure development. Signed into law by Governor Babajide Sanwo-Olu, the…
Wike signs 5,481 C-of-O in 1yr, FCT land allottees now get title documents in 2 weeks
As of December 31, 2024, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has signed 5,481 Certificates of Occupancy (C-of-O), marking a significant milestone in the administration of…
Wike Cracks Down on Scavengers and Secondhand Markets in FCT
In a decisive move to address security concerns and protect public infrastructure, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has implemented a temporary ban on all secondhand…
Petrol Prices Likely to Rise as Depot Owners Increase Price to N950/litre
Petrol prices are expected to increase following a rise in the prices set by depot owners. The latest adjustments, which reflect a 4.74% hike, have seen depot prices climb to…
Turkey Launches Affordable Housing Scheme to Tackle Rising Rent Prices
Turkey has launched a new affordable housing scheme targeting low-income earners and first-time buyers to help reduce inflationary pressures caused by rising rents and support the housing sector. Vice President…