Nigeria Ranks 9th Among Africa’s Top Investment Destinations
Africa's economic potential often goes unnoticed compared to the rapid growth seen in parts of Asia and North America, where countries like the United States, Vietnam, China, and Mauritius have…
Indispensable guide to property developers and off-takers (I)
By: Umar ShuaibFormer coordinator, AMMC This year, the annual African International Housing Show in Abuja is in its 18th edition. Stakeholders in the construction industry, which include all types of…
NIHSA Warns of Imminent Flooding in Niger State’s Riverine Areas
The Nigeria Hydrological Services Agency (NIHSA) has issued an alert to communities situated along the Rivers Niger and Kaduna in Niger State, urging them to prepare for potential flooding in…
Governor Zulum Commissions 500 Resettlement Houses in Borno State
Borno State Governor Babagana Umara Zulum commissioned 500 newly built houses in Nguro-Soye, a community in Bama Local Government Area, on Tuesday. These houses are part of a resettlement project…
UK Average House Price Hits £291,268 in July, Marking 0.8% Increase
UK house prices increased by 0.8% in July, and lower mortgage rates are expected to lead to continued growth throughout the rest of the year, according to mortgage lender Halifax.…
Affordable Housing Solutions for Civil Servants Amid Economic Hardship
As the current economic situation poses significant challenges to the housing needs of civil servants, it is essential to explore innovative and sustainable solutions to provide affordable housing options. Accommodation…
Nigeria Spends $600 Million Monthly on Fuel Imports- Wale Edun
Nigeria's Finance Minister and Coordinating Minister of the Economy, Wale Edun, revealed on AIT’s Moneyline program that the country is currently spending $600 million monthly on fuel imports. This substantial…
World Bank Report Highlights Obstacles to Economic Progress for Developing Countries
The World Bank has highlighted significant challenges facing developing economies, including high debt burdens, aging populations, and rising protectionism in advanced countries. The COVID-19 crisis has exacerbated these issues, increasing…
Hotel Collapse in Germany: One Dead, Several Injured
At least one person has died and several others have been injured following the collapse of a hotel in the popular wine village of Kröv in western Germany overnight. A…
Naira Appreciates to N1,585 per Dollar in Parallel Market
The Naira appreciated N1,585 per dollar in the parallel market yesterday, improving from N1,600 per dollar on Monday. Similarly, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira appreciated…