CBN to Banks, Expedite Action on Recapitalization
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to expedite actions on the increase of their capital base in order to strengthen the financial…
Nigeria’s Mortgage System Faces Major Hurdles
By Festus Adebayo In a recent report, the shortcomings of Nigeria's mortgage system have been brought to light, highlighting significant barriers to homeownership for many Nigerians. The report, which analyzes…
Excitement In Isuikwuato LGA As Gov Otti Kicks Off Long-Awaited Road Construction
There was excitement in Isuikwuato Local Government Area of Abia State on Tuesday as Governor Alex Otti flagged off the long-awaited construction of an 11.7-kilometer road in the LGA. Hailing…
Breaking: CBN raises benchmark MPR by 200 basis points to 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new unprecedented 24.75% at the end of its 294th meeting of…
Florida Bans Under-14s from Social Media
In a decisive move to address growing concerns over child safety online, Florida Governor Ron DeSantis has signed into law a bill that prohibits children under the age of 14…
Tinubu’s Government Invites Gumi for Questioning on Banditry
The administration led by Bola Tinubu has taken the step of inviting controversial Kaduna-based Islamic cleric, Ahmad Gumi, for questioning regarding his statements on the activities of bandits in the…
How can AI and 3D printing address global housing challenges?
By Olivia Nielsen, principal at Miyamoto International Housing is one of the most important investments a family can make. Today, however, this reality remains grim: approximately 1.8 billion people worldwide…
Court Cases Surge as Tenants Struggle to Pay Rent Amid Economic Hardship
The current economic challenges in Nigeria have led to a surge in court cases between landlords and tenants, as many tenants find it increasingly difficult to pay their rent. This…
President Tinubu Approves Renewed Hope Infrastructure Fund
President Bola Tinubu has announced the approval of the Renewed Hope Infrastructure Fund, a strategic initiative aimed at addressing Nigeria's substantial infrastructure funding gap, estimated at $25 billion per year.…
No Exclusive Rights: Court Upholds Homeowners’ Control Over Pearl Gardens Estate, Dismisses Developer’s Suit
The Lagos State High Court has dismissed a suit filed by CMB Building Maintenance and Investment Company Limited against Pearl Gardens Estate homeowners in Sangotedo Village, Eti-Osa Local Government Area,…