Housing Sector Key to Solving Unemployment, Experts Say
Industry experts have urged the Nigerian government to prioritise the housing sector as a major driver of youth employment and economic growth. Nigeria’s housing deficit is estimated at 20 million…
Petrol Price May Exceed N1,000/Litre as FG Introduces 15% Import Tariff
The Federal Government has approved a 15% tariff on imported petrol. The policy is intended to support local refineries and reduce dependence on imported fuel. The tariff will take effect…
Regulation, safety concerns seen trumping short-let properties boom
By Chuka Uroko On an incremental basis, concerns are mounting over regulatory oversights and safety of investments that could slow down the current boom in short-let properties across Nigerian cities,…
EU Partners with Ogun State to Electrify Rural Clinics with Solar Energy
The Ogun State Government has entered into a partnership with the European Union (EU) to equip 40 rural health centres with solar energy systems, in a move aimed at strengthening…
One Dead, Eight Rescued as another Three-Storey Building Collapses in Lagos
A three-storey building under demolition collapsed on Thursday in the Ajegunle area of Lagos, leaving one person dead and eight others injured. The Lagos State Emergency Management Agency (LASEMA) confirmed…
FG Imposes 15% Duty on Fuel Imports to Aid Local Refining
President Bola Ahmed Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel, a policy aimed at protecting Nigeria’s emerging local refineries and…
FHFL Unveils 100 New Homes for Widows in Kaduna and Ibadan
In a move to deepen social inclusion and expand access to affordable housing, the Family Homes Funds Limited (FHFL) is set to commission 100 housing units for widows in Kaduna…
BREAKING: Fire Razes Store at Jabi Lake Mall in Abuja
A fire broke out in the early hours of Thursday at the Jabi Lake Mall in Abuja, damaging a section of the popular shopping complex. According to eyewitnesses, the blaze…
Lawyer Pleads Not Guilty to ₦27m Land Fraud, Represents Self in Court
A Lagos-based lawyer, Victor Azubike Awah, has been arraigned before the Lagos State Special Offences Court, Ikeja, over an alleged ₦27 million land fraud. Awah, who appeared in court on…
Nigeria Signs $400m Deal with Stellar Steel for Ogun Plant
Nigeria’s long-awaited steel revolution is gathering momentum as the Federal Government has sealed a $400 million partnership with Stellar Steel Company Limited, a Chinese-backed firm, to build a state-of-the-art steel…