Trending News: Top 10 Stories this Morning
Good Morning. Here’s a recap of top trending news stories this morning. 1. The House of Representatives has resolved to investigate alleged fraudulent land title allocations to real estate developers…
Nigerian Export Revenues Climb as Naira Weakens
Nigerian manufacturers are experiencing a significant surge in exports to other African countries, driven by the naira's devaluation. The weaker currency has enhanced their competitive edge in the regional market,…
EFCC Arraigns TSTV Executives on Charges of Money Laundering
On Thursday, the Economic and Financial Crimes Commission (EFCC) arraigned two top executives of Telecom Satellites Limited (TSTV) before the Federal High Court in Abuja. Dr. Bright Ikechukwu Echefu, Managing…
NDIC Pursues Debtors Owing Heritage Bank N700bn
The Nigerian Deposit Insurance Corporation (NDIC) announced on Wednesday its intention to pursue debtors of Heritage Bank who collectively owe the bank approximately N700 billion. The Managing Director of NDIC,…
UK Govt Bails out Builders by Buying Houses they can’t Sell
Ministers today unveiled plans to buy up homes which housebuilders hit by the global economic downturn are unable to sell. They also announced a new scheme to help households earning…
Presidency Denies Proposal of N105,000 as New Minimum Wage
The Presidency has refuted claims suggesting that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, proposed a minimum wage of N105,000. Following a nationwide strike by…
Sanwo-Olu Launches 270 Housing Units in Egan-Igando, Lagos State
Lagos State Governor, Babajide Sanwo-Olu, on Thursday, inaugurated 270 units of two-bedroom flats at the Egan-Igando Mixed Housing Estate, Igando-Ikotun Local Council Development Area (LCDA), Lagos. The project located in…
Reps Approves Inquiry into Alleged Fraudulent Land Deals in FCT
The House of Representatives on Thursday passed a resolution to probe alleged fraudulent land allocations in the Federal Capital Territory (FCT) before the appointment of Nyesom Wike as minister. The…
REDAN President Inaugurates REDAN-FMBN Liaison Committee to Foster increased Collaboration
President, Real Estate Developers Association of Nigeria, (REDAN), Akintoye Adeoye has inaugurated the REDAN-FMBN Liaison Committee in a bid to further spur increased Collaboration between both Organizations. The Inauguration of…
Canada Launches $1.5 Billion Co-operative Housing Program
Housing Minister Sean Fraser has announced the rollout of a $1.5 billion co-operative housing development program, a key commitment from the federal government’s 2022 budget. Speaking in Winnipeg on Thursday,…