Hong Kong Abolishes Property Curbs in Bid to Revive Housing Sector, Economy
In efforts to revive Hong Kong’s flagging housing market and broader economy, Financial Secretary Paul Chan announced in the annual budget address on Wednesday, February 28, 2024, that the government…
Exclusive: High Tariffs and Generator Use Plunge Nigeria into Blackout Crisis
As Nigeria battles harsh climatic conditions and economic challenges, the nation faces another pressing issue: a dire shortage of reliable electricity. With public power supply faltering, households and businesses are…
NeGSt-TAS Technologies and ERCAAN Forge Alliance to Digitize Real Estate Sector
In a landmark move toward modernizing Nigeria's real estate industry, NeGSt-TAS Technologies Ltd proudly announces a strategic partnership with the Estate Rent & Commission Agents Association of Nigeria (ERCAAN). The…
Six Dead as Two-Storey Building Collapses at Odu-Igbo Market
A grim scene unfolded at the Odu-Igbo Market in Onitsha, Anambra State, as a two-storey building collapsed, claiming the lives of at least six people. The incident, which occurred on…
China’s Real Estate Crisis: The Story Behind Abandoned Mansions and Ghost Cities
The Chinese government's ambitious plans for real estate have taken a haunting turn, with abandoned mansions and desolate developments dotting the landscape. The State Guest Mansions, once envisioned as opulent…
Senate investigates Ajaokuta steel company over $496m settlement
The Senate on Tuesday resolved to carry out a thorough investigation on the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008…
Police Arrest Abuja’s Second Most Wanted Kidnapper, Samaila Wakili Fafa, in Nasarawa State
The Federal Capital Territory (FCT) Police in Abuja have apprehended Samaila Wakili Fafa, also known as Habu Ibrahim, their second most wanted suspected kidnapper. The arrest took place on February…
FCTA Introduces Private Sector Mass Transit in Abuja to Combat Insecurity
In a bid to address the rising insecurity and curb the 'one chance' menace in the Federal Capital Territory (FCT), the Federal Capital Territory Administration (FCTA) inaugurated a private sector-led…
Cement Price Surge in Nigeria Sparks Search for Alternatives Amid Abandoned Projects
The recent surge in cement prices in Nigeria has rattled many, leading to a spate of abandoned construction projects across the country. Despite assurances from manufacturers to maintain prices between…
Nigeria Commits N1 Trillion to Kickstart Coastal Road Project: From Lagos to Eight States
Nigeria's Federal Executive Council (FEC) has given the green light to a groundbreaking contract worth N1.06 trillion for the construction of the first phase of the coastal road spanning from…