Lagos to Demolish Illegal Structures in Otu-Mara Over Security, Structural risks
The Lagos State Government has marked several makeshift structures and illegally developed buildings in Otu-Mara, Mainland LGA, for demolition due to security concerns and structural hazards. The Lagos State Building…
Lagos Seals Illegal Public Toilets to Curb Environmental Pollution
The Lagos State Waste Water Management Office (LSWMO) has sealed off unauthorized public toilets and bathrooms along Coastal Road, Ikate, Eti-Osa, as part of efforts to tackle environmental pollution and…
Nigeria ranked 36th world’s most corrupt country in 2024
Transparency International (TI), a global coalition against corruption, has ranked Nigeria as the 36th most corrupt country in the world. The 2024 Corruption Perceptions Index (CPI) report was released on Tuesday…
FG assumes full control of Keystone Bank
Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will enhance its stability and facilitate a smooth recapitalisation process.…
Lawmakers Move to Halt 50% Telecom Tariff Hike Amid Public Outcry
Nigerian telecommunications companies have begun rolling out a 50% increase in data tariffs, following regulatory approval from the Nigerian Communications Commission (NCC). However, the House of Representatives is now stepping…
Lagos Taskforce Arrests 12 Suspected Land Grabbers in Ikeja
The Lagos State Taskforce has arrested and prosecuted 12 suspected land grabbers accused of terrorizing residents and business owners along NERDC Road, Alausa, Ikeja. The suspects were apprehended following credible…
Housing Shortage Deepens as Pension Funds Cut Real Estate Investments by 91.6%
Nigeria’s housing deficit has worsened as pension funds significantly reduced their investments in the real estate sector, dealing a major blow to efforts aimed at addressing the N21 trillion housing…
The Price of Survival: How Nigerians Battle the Rising Cost of Food
Across Nigeria, the simple act of putting food on the table has become an uphill battle. As food prices skyrocket to unprecedented levels, families, traders, and business owners are forced…
Nigeria Sets Bold Plan to Restore 100 Million Hectares of Degraded Land by 2030
In a significant stride towards environmental sustainability, the Federal Government of Nigeria has announced an ambitious plan to restore at least 100 million hectares of degraded land across the country.…
Naira’s Resurgence Shakes FX Market Amid Dollar Decline
The Nigerian naira has been on an impressive upward trajectory, unsettling the foreign exchange (FX) market and sparking a wave of concern among dollar holders. This unexpected appreciation has sent…