Breaking: CBN raises benchmark MPR by 200 basis points to 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new unprecedented 24.75% at the end of its 294th meeting of…
Florida Bans Under-14s from Social Media
In a decisive move to address growing concerns over child safety online, Florida Governor Ron DeSantis has signed into law a bill that prohibits children under the age of 14…
Tinubu’s Government Invites Gumi for Questioning on Banditry
The administration led by Bola Tinubu has taken the step of inviting controversial Kaduna-based Islamic cleric, Ahmad Gumi, for questioning regarding his statements on the activities of bandits in the…
How can AI and 3D printing address global housing challenges?
By Olivia Nielsen, principal at Miyamoto International Housing is one of the most important investments a family can make. Today, however, this reality remains grim: approximately 1.8 billion people worldwide…
Court Cases Surge as Tenants Struggle to Pay Rent Amid Economic Hardship
The current economic challenges in Nigeria have led to a surge in court cases between landlords and tenants, as many tenants find it increasingly difficult to pay their rent. This…
President Tinubu Approves Renewed Hope Infrastructure Fund
President Bola Tinubu has announced the approval of the Renewed Hope Infrastructure Fund, a strategic initiative aimed at addressing Nigeria's substantial infrastructure funding gap, estimated at $25 billion per year.…
No Exclusive Rights: Court Upholds Homeowners’ Control Over Pearl Gardens Estate, Dismisses Developer’s Suit
The Lagos State High Court has dismissed a suit filed by CMB Building Maintenance and Investment Company Limited against Pearl Gardens Estate homeowners in Sangotedo Village, Eti-Osa Local Government Area,…
London’s Olympic Park Regeneration Falls Short on Affordable Housing Promise
London's Olympic Park regeneration project, hailed for its vibrant mix of cafes, gyms, and cultural attractions, has come under scrutiny for its lack of affordable housing. Despite the promise of…
Nigeria’s VAT Revenue Sees Significant Growth Across Key Sectors in 2023
The Nigerian economy continues to show resilience and growth in Value Added Tax (VAT) collection, with various sectors making notable contributions. According to the National Bureau of Statistics (NBS), the…
UK Housing Offers the Worst Value Compared to Other Countries
The UK housing market offers poor value for money compared with other developed countries. Typically, UK households spend much more money for much less living space. This means that the…