CBN Raises Minimum Capital Requirements for Banks
The Central Bank of Nigeria (CBN) has unveiled a significant increase in minimum capital requirements for all banks operating in the country. CBN’s Acting Director Corporate Communications Mrs Hakama Sidi-Ali made this…
Cement Prices Decrease by 26% in Abuja
The price of cement decreased between 22 per cent and 26 per cent for a 50kg bag in the Federal Capital Territory within the last five weeks. A market survey…
President Tinubu Honors Fallen Heroes of Okuoma Killings with National Awards
President Bola Ahmed Tinubu of Nigeria has posthumously honored the 17 heroes of the Okuoma killings with National Honors. The President made this announcement on Wednesday during the Burial Ceremony…
FCT Residents Struggle as Tomato Prices Remain High
The prices of tomatoes and other perishable goods in markets across the Federal Capital Territory (FCT) have continued to rise, despite the items being in season. There has been little…
FCTA Ready to Collaborate on Affordable Housing Projects in Abuja
The Federal Capital Territory Administration (FCTA) has committed to collaborating on affordable housing projects in the FCT, urging developers to undertake more infrastructural projects aligning with President Tinubu’s seven-point agenda.…
TETFund: Leading Students Housing Revolution In Nigeria
In response to the pressing need for improved student housing, the Tertiary Education Trust Fund (TETFund) is paving the way for a future where every student has access to safe,…
AfDB Approves $50 Million Loan for Yobe State Climate Change Project
The African Development Bank Group (AfDB) has approved a $50 million loan for the Yobe State Environmental and Climate Change Action Project (ECCAP) to enhance climate change resilience and improve…
What to know about Tinubu’s N20trn Renewed Hope Infrastructure Fund
President Bola Tinubu unveiled on Monday an infrastructure plan that targets an initial take-off fund of N20 trillion. The Renewed Hope Infrastructure Fund is targeted at closing Nigeria’s $878 billion…
Briefing Note On The Lagos-Calabar Coastal Road Construction and The Preservation Of Tourism And Hospitality Businesses Alongthe Coastal Right Of Way
Urgent Call For In-Depth Consultation with Affected Businesses to Safeguard Thriving Tourism and Hospitality Industry Growth. The imminent commencement of the 700km Lagos – Calabar coastal highway, although laudable project…
Six people died after Baltimore bridge collapse
Authorities on Tuesday suspended their search for six people missing after a packed cargo ship slammed into a Baltimore bridge, causing it to collapse and blocking one of the busiest…