Breaking: FG proposes N47.9trn as 2025 Budget
The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget. Atiku Bagudu, the minister of budget and economic planning, told journalists on Thursday after the…
FG Secures $134M AfDB Loan to Boost Agricultural Production
The Federal Government has secured a $134 million loan from the African Development Bank to enhance agricultural production, particularly focusing on seeds and grains. This development was announced in a…
Ekiti Revokes 8,283 Hectares from Odu’a Investment, Allocates Land for Agricultural Development
The Ekiti State Government has announced the revocation of 8,283.570 hectares of land owned by Odu’a Investment Company Limited in Oke-Ako Community, Ikole Local Council. The reclaimed land, primarily used…
Federal Government Raises Concerns Over Unfulfilled Land and Housing Resolutions
The Federal Ministry of Housing and Urban Development has introduced a mid-term monitoring and review mechanism to ensure the effective implementation of policies from the annual National Council on Lands,…
Nigerian Businesses Brace for Tough Months as Naira Faces Pressure
Nigerian businesses are bracing for further naira depreciation in the coming months but remain cautiously hopeful for a potential recovery by May 2025, as indicated in the Central Bank of…
Lagos State Revokes Ownership of Unoccupied Housing Units to Boost Accessibility
The Lagos State Government has announced the revocation of housing units allocated through state programs but left unoccupied for over two years. This measure, led by Commissioner for Housing Moruf…
Rising Building Materials Prices Delay Nigerians’ Homeownership Dreams
Many Nigerians aspiring to own homes have been forced to put their dreams on hold as prices of key building materials, especially cement and iron rods, have surged by over…
Trump Names Key Appointees Ahead of 2025 Term
Donald Trump, president-elect of the United States, has announced key figures to lead major departments in his incoming administration, drawing from a close circle of allies and previous appointees as…
IMF Urges Nigeria to Tap Into Property Taxes for Sustainable Economic Growth
The International Monetary Fund (IMF) has identified property taxes as a crucial, yet vastly underutilized, revenue stream that could unlock sustainable development for Nigeria and other low-income countries. In a…
Naira Depreciation Costs 16 Manufacturers a Staggering N792 Billion
George Onafowokan, chairman of the Manufacturers Association of Nigeria (MAN) in Ogun State, has expressed deep concern over the significant losses faced by the manufacturing sector following the government’s 2023…