Nigeria@64 Housing sector- Impacts of Family Homes Funds Ltd in delivering Affordable Housing
Family Homes Funds Limited (FHFL) was established with the mandate to finance housing for Nigerian families on the lower income segments and address the pressing housing deficit in the country.…
How new price of fuel is affecting residents of FCT
By Sani Ibrahim Following the latest fuel price hike announced by the Nigerian National Petroleum Company Limited (NNPCL) last week, residents of Abuja, Nigeria's capital have joined millions of Nigerians…
Abia State Government Set to Implement New Minimum Wage in October
The Abia State Government has announced that workers across all sectors will begin receiving the newly approved minimum wage starting in October 2024. The announcement was made by Okey Kanu,…
CBN Raises Interest Rate to 27.25% Amid Petrol Price Hikes
The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) by 50 basis points, bringing the benchmark interest rate to 27.25 percent. This marks the fifth consecutive…
Survivors of Maiduguri Floods Turn to Street Tents as Houses Become Risky Shelters
Following the devastating floods in Maiduguri and Jere, Borno State, many displaced residents have resorted to setting up makeshift tents for shelter after the government shut down some emergency camps.…
Federal Government Approves Road Construction Projects in Abuja’s Satellite Towns
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, announced on Monday that the Federal Executive Council (FEC) has approved several road construction projects in Abuja’s satellite towns. Speaking…
Harris Unveils Bold Plan to Build 3 Million Homes Amid Housing Crisis
As the 2024 presidential election heats up, housing affordability has become a central issue. Both Democratic nominee Kamala Harris and Republican contender Donald Trump have promised to tackle the…
Stakeholders Urge Government to Subsidise Building Materials to Curb Construction Costs
Industry stakeholders have called on the Federal Government to provide subsidies for building materials to address the escalating costs within Nigeria’s construction sector. The Managing Director of Rural Homes Limited,…
CORBON to Lead Artisan Training as Nigeria Joins Global Skills Council
The Council of Registered Builders of Nigeria (CORBON) has been entrusted with a pivotal role in Nigeria's construction industry following the transfer of a Sector Skills Council (SSC) mandate from…
Stakeholders Call for Enhanced Land Administration and Technology Integration
The President of the Real Estate Developers Association of Nigeria (REDAN), Akintoye Adeoye, has emphasized the urgent need for improved land administration in Nigeria during the Digital Land Summit, themed…