NERC to Investigate Frequent Grid Collapses After Latest Power Outage
The Nigerian Electricity Regulatory Commission (NERC) announced plans to launch a public investigation into the increasing frequency of national grid disturbances that have caused widespread power outages nationwide. This decision…
FCTA Launches High-Level Building Audit Committee to Tackle Collapses, Boost Revenue
To curb the increasing incidents of building collapse in Abuja, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the formation of a ministerial committee for post-development…
Governor Inuwa Yahaya Appoints New Leadership for Gombe State Housing Corporation
Gombe State Governor, Inuwa Yahaya, has approved the appointment of a new Chairman and Board Members for the Gombe State Housing Corporation as part of efforts to address housing challenges…
Nigeria’s Poverty Rate Surges to 56% as 129 Million Citizens Fall Below Poverty Line
A new report from the World Bank has revealed a significant rise in Nigeria’s poverty rate, with 129 million citizens (56% of the population) now living below the national poverty…
Ekiti State Govt Launches Rent-Free Market Stall Initiative to Support Traders
The Ekiti State Government has introduced a six-month rent-free initiative for itinerant and street traders, providing market stalls at key locations including Oja Oba, Agric-Olope, and Awedele. This move, aimed…
FG Revokes Julius Berger’s Abuja-Kaduna Highway Contract Citing Cost Irregularities
The Federal Government has terminated Julius Berger's contract for the Abuja-Kaduna highway due to delays and cost irregularities, according to the Minister of Works, David Umahi. The announcement was made…
Naira depreciates to N1,710/$ in parallel market
The Naira yesterday depreciated to N1,710 per dollar in the parallel market from N1,690 per dollar on Wednesday. Similarly, the Naira depreciated to N1,660.49 per dollar in the Nigerian Autonomous…
FCTA Cracks Down On Land Grabbers
ABUJA. – The Federal Capital Territory Administration (FCTA) has intensified its fight against land grabbing with the demolition of illegal structures in Sabon Lugbe, part of the Phase Five district…
NEMA Deploys Emergency Team to Kogi as Flood Displaces 517 Residents
The National Emergency Management Agency (NEMA) has deployed its emergency response team to Kogi State following severe flooding that has submerged over 200 communities and displaced nearly two million residents.…
Soludo Laments Low FDI Inflow, Urges Strategic Investments to Secure Nigeria’s Future
Anambra State Governor Prof. Chukwuma Soludo has expressed concerns over the declining inflow of foreign direct investments (FDI) into Nigeria. Speaking at the 1st Abuja Business and Investment Summit on…