Tinubu’s Housing Revolution will Clear Path for Affordable Homes in Nigeria
In a groundbreaking move to turbocharge Nigeria's economy and tackle the housing deficit, President Bola Tinubu has promised to dismantle legal barriers to make affordable homeownership a reality. Sweeping amendments…
Naira falls to N1,300/$
The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday. This is as many traders on the parallel market confirmed that the national currency is trading…
FIRS Unveils Ambitious Plan to Boost Tax Revenue by 57% to N19.4 Trillion.
In a bid to significantly enhance tax revenue collection, the Federal Inland Revenue Service (FIRS) has announced plans to achieve a 57% increase, targeting a total of N19.4 trillion. This…
Federal Government Grants 13 New Licences to Boost Electricity Generation and Distribution
The Nigerian Electricity Regulatory Commission (NERC) has issued 13 new licences for various aspects of the power sector, including off-grid and embedded power generation, independent electricity distribution, and electricity trading.…
Inauguration of Housing Reforms task Teams by Arc Ahmed Dangiwa, Housing Minister of Housing- what u must know about the Teams
To help accelerate the planned reforms in the housing sector, the minister for Housing and Urban Development, arc. Ahmed Dangiwa, will this week inaugurate reform teams. The teams include: The…
Former Minister Charles Ugwuh Arrested for N3.6bn Loan Fraud
The Economic and Financial Crimes Commission (EFCC) has apprehended ex-Minister of Commerce and Industry, Charles Ugwuh, along with Chief Geoffrey Ekenma, for an alleged N3.6 billion conspiracy and loan fraud.…
Port Harcourt Oil Refinery to be Privatized for Operational Efficiency
In a groundbreaking move, the Nigerian National Petroleum Company Limited (NNPCL) has unveiled plans to transfer the Port Harcourt Refining Company into the hands of private operators. This strategic decision…
Nigeria’s Ministry of Finance Incorporated (MOFI) Embarks on Ambitious Asset Management Overhaul
In a transformative move, the Ministry of Finance Incorporated (MOFI) in Nigeria has declared its commitment to optimizing the value of Federal Government of Nigeria (FGN) assets. In a comprehensive…
Armed Bandits Launch Audacious Attack on Military Camp in Katsina
In a daring assault, a heavily armed gang of bandits, equipped with sophisticated weapons, including AK-47 rifles, targeted a joint military camp at Nahuta village in the Batsari Local Government…
Tension Peaks in FCTA as Controversy Surrounds New Permanent Secretary Appointment
In a surprising turn of events, the Federal Capital Territory Administration (FCTA) is facing a brewing crisis following the alleged appointment of a new federal permanent secretary, Dr. Magdalene Ajani.…