Rainstorm Disaster Renders Many Homeless in Kwara’s Ogele Community
Eid-el-Fitr Night Storm Destroys Homes and Public Infrastructure A devastating rainstorm struck Ogele community in Asa Local Government Area of Kwara State, leaving many residents homeless. The disaster, which occurred…
Nigerian Banks Owe FG N600 Billion in Unpaid Windfall Tax
Six Banks Pay N205.6 Billion, Falling Short of N1 Trillion Target According to audit reports, six Nigerian banks collectively paid N205.6 billion in windfall tax for 2024. The payment remains…
Lagos Begins Demolition of Unapproved Buildings After Amnesty Period Ends
The Lagos State Government has commenced demolishing unapproved buildings following the expiration of the amnesty period granted earlier. The Lagos State Building Control Agency (LASBCA) began enforcement in Ogudu GRA,…
NDIC to Begin Liquidation Dividend Payout for Heritage Bank Depositors in April 2025
The Nigeria Deposit Insurance Corporation (NDIC) will declare the first liquidation dividend for uninsured depositors of Heritage Bank in April. The Acting Head of Communication & Public Affairs, NDIC, Hawwau…
NiMet forecasts three-day sunshine, cloudiness from Tuesday
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and cloudiness from Tuesday to Thursday across the country. NiMet’s weather outlook released on Monday predicted sunny skies on Tuesday with few…
An Examination Of Islamic Mortgage Financing
BY: Love Olayemi "It is surely a good idea to explore how the sprit inherent in the "moral economy" of Islam could enable a just and ethical approach towards the…
An Overview Of CBN Guidelines For Mortgage Refinance Companies In Nigeria
BY: Elizabeth Oyinlola To combat the longstanding problem of homelessness in Nigeria, the Central Bank of Nigeria (CBN), on the 5th of August 2013, issued the Regulatory and Supervisory Guidelines…
NSIA Posts 59% Income Growth in 2024, Retained Earnings Reach ₦3.74tn
The Nigeria Sovereign Investment Authority on Monday announced its audited financial results for the 2024 fiscal year. The results underscore the resilience of NSIA’s investment strategy and the strength of…
Addis Ababa’s Real Estate Slowdown: What Developers Don’t Want You to Know
Once a thriving hub for real estate development, Addis Ababa’s housing market is now grappling with a growing crisis. Developers who once raced to meet the seemingly endless demand for…
The Real Estate Price Trap: Why Homes in Lagos and Other Cities Remain Out of Reach
For years, the dream of homeownership in Nigeria has been slipping further out of reach. In major cities like Lagos, Abuja, and Port Harcourt, real estate prices have skyrocketed beyond…
