Gwarzo Inaugurates Committee for Karsana Estate and City Projects
The Minister of State for Housing and Urban Development, Abdullahi Tijjani Muhammad Gwarzo has inaugurated a steering committee for the execution of the 3, 112 Karsana Estate and City projects…
NEMA Distributes Food Aid as Niger State Unveils Housing Plans for Displaced Residents
The National Emergency Management Agency (NEMA) has distributed food aid in Niger State, coinciding with the state government's announcement of plans to construct 100,000 homes for displaced residents affected by…
Lagos Govt Woos Property Owners with 40% Discount on Building Permit
The Lagos State Government has offered a discount and amnesty programme to encourage property owners to get the necessary permits and comply with building regulations. The News Agency of Nigeria…
Microsoft Shuts Down Nigeria’s Africa Dev’t Centre, Lays Off Workers
Microsoft, the American tech giant, has reportedly shut down its Africa Development Centre (ADC) in Lagos, Nigeria, and laid off all its workers at the facility. The ADC was part…
Lagos State Affirms Lekki Corridor Zoned for Agriculture, Not Housing Development
The Lagos State government has stated that the Lekki corridor, initially zoned for agriculture, has been encroached upon by housing development. Commissioner for Agriculture, Abisola Olusanya, revealed this during the…
CBN Imposes 0.5% Cybersecurity Levy on Electronic Transfers
In a bid to enhance cybersecurity in Nigeria's financial sector, the Central Bank of Nigeria (CBN) has directed banks to commence a 0.5 percent levy on electronic transfers within the…
House Committee Reports: Cement Prices in Nigeria 69% Higher than in India
The House of Representatives Joint Committee investigating the surge in cement prices in Nigeria has expressed dismay at the high cost of the commodity compared to other African countries. Following…
South Africa Building Collapse Claims Four Lives, Dozens Remain Trapped
Rescuers in South Africa are working tirelessly to find survivors after a five-storey apartment block under construction collapsed, tragically claiming the lives of five individuals and leaving around 50 others…
NLC Opposes CBN Directive on Cybersecurity Levy, Calls for Reversal
The Nigeria Labour Congress (NLC) has strongly opposed the recent directive from the Central Bank of Nigeria (CBN) to impose a 0.5 (0.005) per cent cybersecurity levy on electronic transfers.…
Ikeja Electric Reduces Tariff for Band A Customers to N206.80/kWh
The Ikeja Electricity Distribution Company (IKEDC) has announced a reduction in the tariff payable by its Band A customers to N206.80 per kilowatt-hour, down from the N225/kWh previously approved by…