Fire Razes Trademore Estate Market in Abuja
A fire outbreak in the early hours of Monday destroyed the only market in Trademore Estate, Lugbe, Abuja, leaving residents in confusion and disarray. The blaze, which reportedly started around…
CBN Plans to Retire 1,000 Employees with N50bn Compensation Package
The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 employees before the end of 2024 as part of a strategic workforce realignment. Sources within the apex bank…
Zulum Claims Tinubu’s Tax Reform Bills Will Only Benefit Lagos
Borno State Governor, Babagana Zulum, on Sunday, expressed concerns that the proposed tax reform bills would disproportionately benefit Lagos State, leaving other states, particularly those in the North, at a…
MBAN AGM: FG Calls for Stronger Partnerships to Tackle Nigeria’s Housing Deficit
The Federal Government has reaffirmed its commitment to addressing Nigeria’s critical housing deficit by championing innovation and collaboration in the mortgage sector. At the 21st Mortgage Bankers and Brokers Conference…
Tambuwal kicks against Tinubu’s tax reform bills
Former Governor of Sokoto State, Senator Aminu Tambuwal has kicked against President Bola Tinubu’s Tax reform bills that has generated controversies from different segments of the country. Tambuwal, who is…
Capital Market Shake-Up: SEC Mandates New Registration Requirement for Operators
The Securities and Exchange Commission (SEC) has announced a major shift in the renewal process for capital market operators, introducing a mandatory registration with a trade group as part of…
Urbanization Drives Housing Demand Increase in Four Nigerian Cities
The housing crisis in Nigeria is intensifying, with cities such as Lagos, Abuja, Ibadan, and Kano witnessing a 20 percent annual rise in housing demand due to rapid population growth…
Meet 7 founders of local airlines in Nigeria’s $1.7billion aviation industry
The Nigerian aviation sector, despite being a critical element in the country’s transportation system and economy, has not reached its full potential compared to other African nations. The International Air…
Swiss cement maker Holcim exits Nigeria, sells business to Chinese firm
Swiss cement maker Holcim will exit its Nigerian business through the sale of its nearly 84% stake in Lafarge Africa to China’s Huaxin Cement, it was announced on Sunday. The…
Tax Reform bill: HDAN Demands inclusion of Tax Relief for Developers of Social Housing and Materials
The Housing Development Advocacy Network (HDAN) has called on President Bola Ahmed Tinubu and the National Assembly to incorporate tax relief measures for developers of social housing and building materials…