FG seeks private capital for airports, slashes 2026 aviation budget
Nigeria’s aviation sector will operate under tighter fiscal conditions in 2026 as the Federal Government cuts the budget of the Ministry of Aviation and Aerospace Development to ₦87.3 billion, down…
Angola Gets $500m Boost as JPMorgan Extends Debt Facility
Angola has secured an additional $500 million in funding after extending an existing $1 billion debt facility with JPMorgan for another three years, according to a statement released on Tuesday…
Nigeria, UAE Remove Tariffs on Over 13,000 Goods
Nigeria and the United Arab Emirates have agreed to remove tariffs on more than 13,000 categories of goods following the signing of a new Comprehensive Economic Partnership Agreement aimed at…
Ukraine Launches Pilot Project for Social Rental Housing Fund in 25 Communities
Ukraine is set to launch a pilot initiative to establish a social rental housing fund across 25 communities, aimed at providing affordable municipal housing to vulnerable populations. The program will…
Lagos Govt Vows More Housing Projects in 2026 to Bridge Deficit
The Lagos State Government has reaffirmed its commitment to reducing the housing shortfall in the state this year, promising the delivery of additional residential units across the region. The assurance…
Housing Council Key to Repositioning Nigeria’s Built Environment – Belgore
The Permanent Secretary, Federal Ministry of Housing and Urban Development, Dr. Shuaib Belgore, has emphasized that the National Council on Lands, Housing and Urban Development provides a strategic platform for…
UK Investors Lead Nigeria’s Foreign Capital Inflow with $48 Million in 2025
The United Kingdom was Nigeria’s top source of new foreign investment in 2025, contributing roughly 65% of total capital inflows, the Federal Ministry of Industry, Trade and Investment (FMITI) has…
U.S. Govt Revokes Over 100,000 Visas Amid Crackdown on Criminal Offenders
The U.S. government has revoked more than 100,000 visas over the past year of President Donald Trump’s second term, according to an official statement by the U.S. State Department. The…
GNI Building Fire: Death Toll Climbs to 12 as Recovery Efforts Intensify in Lagos
The death toll from the devastating fire that razed the former Great Nigeria Insurance (GNI) building on Lagos Island has risen to 12, following the recovery of four additional bodies…
FG, States Urged to Allocate Land Directly for Mass Housing Projects
A real estate development expert, Dr Meckson Innocent Okoro, has called on the Federal Government and state governments to adopt direct land allocation as a deliberate policy tool to reduce…