LASBCA refutes allegations of illegal eviction, demolition threats
The Lagos State Building Control Agency (LASBCA) has noted with concern the recent media report alleging illegal eviction and demolition threats against tenants at 118, Apapa Road, Ebute-Metta (West). The…
Nigeria’s Inflation Rises to 34.6% in November as Food Prices Surge
Economic pressures persist as Nigerians remain hopeful that inflation will ease in six months. Nigeria’s inflation rate increased to 34.60% in November 2024, reflecting a 0.72% rise from October’s rate…
UBA Donates N500 Million to Bolster Security in Lagos
The United Bank for Africa (UBA) has contributed N500 million to the Lagos State Security Trust Fund (LSSTF) to enhance security and promote a safer environment in the state. UBA…
Leadership Shakeup: Uzo Oshogwe Appointed MD/CEO of Transcorp Hotels, Succeeding Dupe Olusola
Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. Mrs. Oshogwe, currently the MD/CEO of Afriland Properties Ltd,…
FEC approves N47.9trn 2025 budget
The Federal Executive Council (FEC) has approved the N47.96 trillion 2025 budget. Atiku Bagudu, minister of budget and economic planning, spoke to journalists after the council’s last meeting in 2024…
ECOWAS approves exit of Niger, Mali, Burkina Faso
The Economic Community of West African States, ECOWAS has approved the withdrawal of Niger, Mali and Burkina Faso from the bloc from January 29, 2025. It however gave the three…
President Tinubu Approves Free Train Rides Nationwide for Festive Season
President Bola Ahmed Tinubu has approved free train rides across Nigeria to run from December 20, 2024, to January 5, 2025. This initiative is part of the federal government’s measures…
FG renames UniAbuja to Yakubu Gowon varsity
The Federal Executive Council on Monday approved the renaming of the University of Abuja as Yakubu Gowon University. The Minister of Information and National Orientation, Mohammed Idris, revealed this to…
FG Commits to 10,112 Housing Units Nationwide Under Renewed Hope Programme
The Federal Government has announced the ongoing construction of 10,112 housing units across 14 active construction sites nationwide as part of its Renewed Hope Cities and Estates Programme. Speaking at…
Experts Highlight Challenges and Opportunities in 2025 Housing Sector
Despite rising inflation and economic policies that have restricted growth, experts forecast continued demand for affordable housing in the 2025 real estate market. This demand is attributed to urbanisation and…