EXCLUSIVE: FCTA Indicts Rychado Homes, Homadil Realty Over Alleged Katampe Land Fraud
The Federal Capital Territory Administration (FCTA) has formally approved the findings of an internal investigation implicating two Abuja-based real estate firms—Rychado Group Limited and Homadil Realty Limited—in an alleged land…
Mortgage Rates Drop as FirstBank, MOFI Introduce 20-Year Housing Plan
FirstBank of Nigeria Limited, in partnership with the Ministry of Finance Incorporated (MOFI) and ARM Investment Managers, has launched a single-digit mortgage housing scheme designed to expand access to affordable…
Police, FMBN Strengthen Partnership on Affordable Housing for Personnel
The Nigeria Police Force has renewed and strengthened its partnership with the Federal Mortgage Bank of Nigeria (FMBN) in a bid to expand access to affordable and sustainable housing for…
Ogun Delivers 5,000 Homes, Targets 10,000 by 2027 – Abiodun
Ogun State has recorded significant progress in addressing its housing deficit, with over 5,000 residential units delivered across the state’s three senatorial districts since 2019. Governor Dapo Abiodun disclosed this…
Police Deploy Teargas as Residents Protest Demolitions in Lagos Communities
Operatives of the Lagos State Police Command fired teargas at residents who staged a protest on Wednesday at the Lagos State House of Assembly over ongoing demolition exercises across several…
Federal Court Remands NEDC Official over Alleged N2.2 Billion Fraud
A Federal High Court has remanded the National Coordinator of the Multi-Sectoral Crisis Recovery Project (MCRP) under the North East Development Commission (NEDC), Alhaji Mohammed Danjuma, in custody over allegations…
Affordable Housing Vital to Police Welfare — IGP
The Inspector-General of Police, Kayode Egbetokun, has reiterated that access to affordable and sustainable housing remains central to improving the welfare, morale and productivity of officers of the Nigeria Police…
Imported Petrol Undercuts Dangote PMS After Price Adjustment
Imported Premium Motor Spirit (PMS) has become cheaper than petrol supplied by the Dangote Petroleum Refinery following a recent upward review of the refinery’s gantry price. Industry data from the…
Over 5,000 Shanties Demolished in Awka as Anambra Govt Moves to Revoke Undeveloped Estate Lands
The Anambra State Government has demolished more than 5,000 shanties and makeshift structures across Awka Capital City as part of a sustained urban renewal and environmental enforcement drive aimed at…
Mortgage Lending Drives Infinity Trust’s Profit to ₦3.02bn in 2025
Infinity Trust Mortgage Bank Plc recorded a strong improvement in earnings in 2025, as expanded mortgage lending and improved credit quality lifted profitability despite rising operating costs. Unaudited results for…