NDIC Assures ASO, Union Homes Depositors of Up to N2m Insurance Payouts
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc that they will receive insured deposits of up…
2025 Review: How Inflation Reshaped Africa’s Largest Economies
Inflation pressures across Africa’s largest economies moderated in 2025, reversing the sharp price increases recorded in 2023 and 2024, according to a BusinessDay analysis based on World Bank data. Tighter…
Recapitalisation: Nigerian Banks to Raise N4.14tn Ahead of March 2026 Deadline
Nigeria’s banking sector is undergoing one of its most comprehensive reforms in decades, as deposit money banks move to raise an estimated ₦4.14 trillion in fresh capital ahead of the…
FG Reveals 15.2 Million Nigerian Homes Are Structurally Inadequate
The Federal Government has disclosed that about 15.2 million housing units across Nigeria are structurally inadequate, raising fresh concerns about safety, habitability, and access to basic services nationwide. The disclosure…
Sanwo-Olu Calls for Stronger Private Sector Partnerships to Close Lagos Housing Gap
Lagos State Governor, Babajide Sanwo-Olu, has called for deeper collaboration between the government and the private sector to address the state’s growing housing deficit. The governor said affordable and sustainable…
CBN Revokes Licences of Aso Savings, Union Homes
The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory violations and failure…
AG Mortgage Bank Targets 1 Million Homes, Eyes 20% Return on Equity by 2030
AG Mortgage Bank Plc (AGMB) has unveiled an ambitious five-year expansion strategy aimed at delivering one million mortgages by 2030 while targeting a 20 per cent return on equity (RoE)…
CORBON Warns Against Unethical Practices, Inducts 436 Builders
The Council of Registered Builders of Nigeria (CORBON) has inducted 436 new builders into the Nigerian construction industry, issuing a strong warning against unethical practices that could erode professional standards…
Terrorists Storm Kogi Church, Communities, Kill Several, Abduct Dozens
Terrorists suspected to be armed bandits have launched coordinated attacks on communities in Kabba/Bunu and Mopamuro Local Government Areas of Kogi State, killing several residents and abducting dozens, including church…
Bilaad Realty Wins Innovation Award at Africa Housing Awards 2025
Bilaad Realty, a trailblazer in sustainable real estate development, has been recognized with the Innovation Award at the Africa Housing Awards 2025. This prestigious honor celebrates Bilaad Realty’s outstanding contributions…