Edun Backs MOFI Housing Fund, Pushes Expansion of Affordable Financing in Nigeria
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has endorsed the growing impact of the MOFI Real Estate Investment Fund, describing it as a critical intervention…
2nd Africa Urban Forum Opens in Nairobi with Push for Faster Urban Renewal
The second Africa Urban Forum has opened in Nairobi, bringing together policymakers, urban planners and development partners with a renewed call to accelerate the transformation of rapidly growing cities across…
Naira appreciates to N1,396/$ in parallel market
The naira recorded mixed performance across foreign exchange markets on Tuesday, appreciating in the parallel market while weakening at the official window, as the gap between both rates narrowed significantly.…
Naira depreciates by 0.4% at official market
The Nigerian currency recorded a marginal decline at the official foreign exchange market on Tuesday, reflecting continued fluctuations within a broadly stable range. Data released by the Central Bank of…
Ogun Defends Ownership of Gateway Air, Denies Claims of Private Control
The Ogun State Government has dismissed claims questioning its ownership of Gateway Air, insisting that the airline remains a fully state-owned initiative despite its operational partnership with a private aviation…
Nigeria’s Pension Assets Hit N29.43trn, Record Strongest Monthly Growth — PenCom
Nigeria’s pension assets surged to N29.43 trillion in February 2026, recording the strongest monthly growth since the introduction of the Contributory Pension Scheme more than two decades ago. Latest data…
Rising Inflation Threatens Nigeria’s Oil Windfall — Edun Warns
Nigeria’s potential gains from rising global oil prices are under increasing threat as inflationary pressures continue to mount, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…
Iran Reopens Strait of Hormuz After Weeks-Long Blockade Amid Ceasefire Deal
After more than a month of disruption that rattled global energy markets and drove fuel prices upward, Iran has agreed to reopen the strategic Strait of Hormuz under a conditional…
Abuja Building Collapse: Wike Orders Arrest of Owner Over Illegal Construction
The collapse of a two-storey building under construction in the Jikwoyi area of Abuja has once again brought the issue of unregulated developments in the Federal Capital Territory into…
Rainstorm Damages Abuja Bus Terminal Months After Commissioning, Triggers Traffic Chaos
A heavy rainstorm on Tuesday has damaged sections of the Kugbo Bus Terminal in Abuja, causing debris to spill onto the busy Nyanya–Keffi Expressway and triggering severe traffic congestion…