Costly World Bank loans behind tax reforms rush
For those querying the rationale behind the rush to pass the tax reform bill, I say look no further—the World Bank loans approved in June 2024 are to blame. Some…
Naira appreciates to N1,600/$ at parallel market — best in four months
The naira appreciated to N1,600 to the dollar at the parallel section of the foreign exchange (FX) market on Friday. The currency appreciated by a 6.70 percent gain from N1,715/$…
FG addresses public curiosity on Lagos-Calabar Highway, says project at rapid pace
The Federal Ministry of Works has pledged to continue to address the high level of public interest and curiosity surrounding the Lagos-Calabar Coastal Highway project. Mrs Olukorede Kesha, the Federal Controller…
10 Housing Market Predictions for the Next 4 Years Under Trump
Are you thinking of buying a home in the next few years? Or perhaps you're a current homeowner wondering what the future holds for your property value? The housing market…
FCT Minister Wike Flags Off Road Project to Boost Development in Giri District
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has announced the FCT Administration’s (FCTA) commitment to investing in road infrastructure to unlock the development potential of underserved communities…
Power Outages: Senate Criticizes GenCos, TCN, and DisCos for Failing to Deliver
The Senate has strongly criticized Nigeria’s electricity operators, generating Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos) over their failure to improve power supply, accusing them…
How Bago ordered arrest of journalist who reported bandit attack on governor’s convoy
Mustapha Bina, a Niger-based journalist working with People’s Daily Newspaper, has run into trouble, following his report on an alleged bandit attack on the motorcade of Governor Umaru Bago during…
Africa may host 87% of global poorest population by 2030 – World Bank
A new World Bank report has revealed that Africa could play host to 87 percent of the world’s extremely poor population by 2030, an increase from the current 60 percent,…
Wike Commissions Kabusa-Ketti Road, Vows to Enhance Security with Streetlights
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has reaffirmed his administration’s commitment to improving security and infrastructure in rural communities by installing streetlights alongside road projects. During…
Africa’s $1.4 Trillion Housing Opportunity: AfDB’s Vision for Unmatched Investment Growth
The African Development Bank (AfDB) President, Akinwumi Adesina, has declared Africa as an unparalleled investment destination, with the continent's demand for housing projected to create an astonishing $1.4 trillion opportunity…