Nigeria’s 2025 Budget Shrinks in Dollar Terms Despite Record Naira Figures
Economists have highlighted that Nigeria’s proposed N47.9 trillion 2025 budget is the lowest in dollar value since 2018, despite being the largest ever in naira terms. The Nigerian Economic Society…
What You Must Know About the Ongoing Renewed Hope Cities and Estates: Affordable Housing and Job Creation Redefined
– Currently, there are 14 active construction sites nationwide, for a total of 10,112 housing units. – Renewed Hope Estates: 12 estates, comprising 250 housing units each, across 12 states,…
Lawyers Engage In Heated Debate Over Proper Procedure For Withdrawing Or Changing Counsel In Lagos-Calabar Coastal Highway Case
The Federal High Court in Lagos, on Monday, adjourned the hearing of the Lagos- Calabar Coastal Highway Project over environmental impact to January 14, 2025. A former governorship candidate of…
FMBN Raises Mortgage Loan Limit to N50m to Support Homeownership, Address Construction Costs
In its bid to meet the financial need of higher and medium income earners as well as address the challenges of higher construction, the Federal Mortgage Bank of Nigeria (FMBN)…
NSE Moves Against Quackery, Tasks Fellows To Uphold Professional Standards
The Nigerian Society of Engineers (NSE) has tasked fellows to uphold professional and ethical standards and prevent infiltration of the profession by quacks. The president of the Nigerian Society of…
Wike Approves N1.1 Billion Compensation for Airport Road–Kuje Expressway Project
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the sum of N1.1 billion for compensation to property owners affected by the ongoing construction of the Airport…
Over 252,000 Jobs Created Through Housing Programme – Dangiwa
Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has announced that over 252,000 jobs have been created through the government’s housing initiatives as part of the Renewed Hope…
MBAN Applauds FG’s N250 Billion Mortgage Initiative for Affordable Housing
Mortgage Banking Association of Nigeria (MBAN) has commended the Federal Government of Nigeria for the approval of a N250 billion Mortgage and Real Estate Investment Fund (MREIF). Nigeria’s Minister of…
Benue Governor Hyacinth Alia Approves N75,000 Minimum Wage for Civil Servants
Benue State Governor, Hyacinth Alia, has approved a minimum wage of N75,000 for civil servants in the state, surpassing the national benchmark of N70,000. In a statement issued on Monday,…
Wike Greenlights N70,000 Minimum Wage for FCT Workers
Nyesom Wike, Minister of the Federal Capital Territory (FCT), has sanctioned the immediate implementation of the new N70,000 minimum wage for all FCT administration staff. This decision was announced in…