FG Unveils ₦10bn Housing Loan Scheme to Boost Civil Servant Homeownership
The Federal Government has approved a ₦10 billion housing loan scheme targeted at improving homeownership among civil servants, as part of ongoing efforts to address Nigeria’s housing deficit and enhance…
FCCPC Shuts Down Paradise Estate in Abuja Over Alleged Consumer Rights Violations
The Federal Competition and Consumer Protection Commission has sealed Paradise Estate located in the Life Camp Extension area of Abuja over alleged violations of consumer rights. Allegations of Undelivered Housing…
CBN Raises ATM Card Fees to N1,500, Scraps Monthly Maintenance Charges
The Central Bank of Nigeria has increased the fee for issuing and replacing ATM debit and credit cards by 50 percent, raising it from N1,000 to N1,500. At the same…
Fire Razes Ikom Magistrate Court, Destroys Case Files in Early-Morning Blaze
A devastating fire has completely gutted Magistrate Court 1 in Ikom Local Government Area, Cross River State, destroying vital legal records, exhibits, and ongoing case files. The incident occurred in…
FG Plans to Borrow N700 Billion Through April Bond Auction as Rates Stay Elevated
The Federal Government of Nigeria is set to raise N700 billion from the domestic bond market in April 2026, continuing its gradual borrowing strategy amid persistently high interest rates. The…
Wale Edun Resigns on Health Grounds, Says Presidency
The Presidency has confirmed that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, resigned from office on health grounds and was not removed from his position.…
Afriland Properties Shareholders Approve N329.7 Million Dividend as Assets Hit N65 Billion
Afriland Properties Plc has approved a total dividend payout of N329.7 million for the 2025 financial year, alongside a strong expansion in its asset base, which rose to N65 billion.…
Lagos Explains Crackdown on Unapproved Solar Installations in Government Estates
The Lagos State Government has clarified its position on the enforcement of approval requirements for solar panel installations in government-owned housing estates, following public backlash over a viral video showing…
Manufacturers Warn of Rising Energy Costs, Call for Local Production Boost
Manufacturers across Africa have raised concerns over escalating energy costs, warning that continued pressure on production expenses could weaken industrial output and trigger widespread economic consequences. The Secretary of the…
Lagos Clarifies Solar Permit Fees, Says Rule Applies Only to Social Housing Estates
The Lagos State Government has clarified that permit requirements and administrative charges for solar energy installations apply only to residents of government-owned social housing estates, and not to private homeowners…