Nigeria’s Crude Oil Output Hits Four-Year High as GDP Growth Strengthens
Nigeria’s average daily crude oil production rose to 1.68 million barrels per day in the second quarter of 2025, the highest quarterly output recorded since 2022. This is according to…
Ijora-Badia Demolition: Landowners Defend Action as Traders Lament Losses
The demolition of 35 shops along Gasikiya College Road, Ijora-Badia, Lagos, has pitted displaced traders against the new landowner, Omopariola Adeleye, who insists the exercise was legal. “I lawfully bought…
Nigeria’s Economy Expands 4.23% in Q2, Presidency Credits Tinubu’s Reforms
Nigeria’s economy expanded by 4.23 per cent in the second quarter of 2025, a performance the Presidency says affirms the success of President Bola Ahmed Tinubu’s reform agenda. The National…
From Broom to Roof, HDAN Urges APC to Adopt House as Party Symbol
The Housing Development Advocacy Network (HDAN), a leading nongovernmental group advocating for affordable housing for all Nigerians, has urged the ruling All Progressives Congress (APC) to replace its traditional broom…
The $1 Trillion Question: Are You Legally Prepared for Nigeria’s Economic Shift?
The Nigerian government has projected that the economy will hit $1 trillion in value by 2030. For many, it sounds like another ambitious headline easily dismissed, like so many before…
Land Dispute Resurfaces as Lagos Airport Expansion Encroaches on AIC Property
A long-running legal battle between AIC Limited, founded by the late business magnate Harry Akande, and the Federal Airports Authority of Nigeria (FAAN) has reignited, as FAAN’s N712 billion expansion…
Nigerians Decry Wave of Demolitions Across Cities
Property owners across Nigeria are crying out over widespread building demolitions that have left many homeless and businesses crippled. In Imo State, engineer Bernard Nzerem is still reeling from the…
Real estate as an engine for national development
By Adelani Adewuyi As a major oil-producing nation, it is expected that Nigeria’s economic development would be rapid. Instead, our economic standing remains sluggish, considering its rich natural and human…
Nigeria Unveils Sweeping Tax Reforms, Targets Wealthy Earners and Big Firms
Nigeria has signed four new tax laws aimed at overhauling its tax system and boosting revenue from January 1, 2026. The Nigeria Tax Act, Tax Administration Act, Nigeria Revenue Service…
Mortgage Rates at 27% Push Homeownership Beyond Reach for Middle-Income Nigerians – MBAN CEO
Adedeji Ajadi, Chief Executive Officer of the Mortgage Banking Association of Nigeria (MBAN), has raised alarm that homeownership is increasingly unattainable for Nigerians earning less than ₦500,000 monthly, as mortgage…