FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to immediately discontinue the practice of placing civil servants on mandatory three-month pre-retirement leave, clarifying that such a provision…
Housing Minister Begins Nationwide Inspection of 15,000 Homes Under Renewed Hope Agenda
The Minister of Housing and Urban Development, Muttagha Rabe Darma, has commenced a nationwide inspection of more than 15,000 housing units currently under construction across Nigeria as part of efforts…
First Bank, Federal Ministry of Finance Expand Access to Home Ownership Through 9.75% Mortgage Financing
First Bank of Nigeria, in partnership with the Federal Ministry of Finance through the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), has launched an affordable mortgage financing initiative…
Tinubu Commends MREIF for Delivering N128bn Mortgages to 1,859 Families
President Bola Tinubu has commended the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) for delivering N128 billion in affordable mortgages to 1,859 families across 25 states of the…
Rivers Tenants Urge Fubara to Address Worsening Housing Crisis in Port Harcourt, Obio/Akpor
The National Union of Tenants of Nigeria (NUTN) has appealed to Rivers State Governor, Siminalayi Fubara, to urgently intervene in the worsening housing crisis affecting residents of Port Harcourt and…
Housing Minister Uncovers Major Discrepancies in Katsina Renewed Hope Housing Project
The Minister of Housing and Urban Development, Muttaqha Darma, has uncovered major discrepancies in official progress reports on the federal government’s Renewed Hope Housing Project in Katsina State, revealing that…
Nigeria Receives $3.65bn World Bank Power Funding, Yet Electricity Crisis Persists
Nigeria’s electricity sector has received at least $3.653 billion in World Bank-backed funding over the past 24 years, yet millions of households and businesses across the country continue to grapple…
Bandits Kill One, Abduct Over 30 in Kogi Community as Police Launch Rescue Operation
Panic swept through Ayegunle Bunu community in Kabba/Bunu Local Government Area of Kogi State after suspected bandits attacked the area, killing one person and abducting more than 30 others. The…
Abuja Emerges Most Preferred Relocation Destination Despite High Rent, Living Costs – SBM Report
Abuja has emerged as the most preferred relocation destination for Nigerians seeking better opportunities and improved family wellbeing, despite growing concerns over high rents, rising living costs and electricity challenges,…
Reps Launch Probe of MREIF Over Affordable Housing Fund Operations
The House of Representatives Committee on Housing and Habitat has commenced an investigation into the operations of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF), a major…