Nigeria Needs $6.25bn Annually to Address Housing Deficit – FG
The Federal Government disclosed Nigeria requires an annual investment of $6.25 billion to bridge the country’s housing deficit today. Minister of Housing and Urban Development, Ahmed Dangiwa, made this known…
Third Oil Facility Explosion in One Week Rocks Rivers State
Barely a week after an explosion hit the Trans Niger Pipeline in Bodo, another blast has struck the Soku oil facility. The Youths and Environmental Advocacy Centre (YEAC-Nigeria) confirmed the…
Is Abbey Mortgage Bank Transitioning from Mortgage Lending to Investment-Driven Growth?
Abbey Mortgage Bank Plc has solidified its position as the best-performing mortgage stock on the Nigerian Exchange (NGX), delivering a 20% year-to-date (YtD) gain as of March 20, 2025. This…
Downpour destroys buildings, school in Kwara community
Scores of buildings and an educational institution were destroyed in a downpour that occurred on Wednesday in Igbonna communities, Oyun Local Government Area of Kwara State. The heavy rainfall caused…
Gunmen Abduct Nigerian Navy Officer, Two Others in Abuja, Demand N100m Ransom
Gunmen have kidnapped a Nigerian Navy officer, Lt. Cynthia Akor, attached to the Defence Headquarters, along with two others in Mpape, Abuja. The abduction took place Friday night, and the…
Four killed in Ecuador bridge collapse
At least four people were killed after a busy 200-meter (656-foot) suspension bridge collapsed in Ecuador, government officials said Friday. Four trucks, a car and two motorbikes fell into the…
US Ends Legal Status for 532,000 Migrants, Orders Departure Within 30 Days
The United States government has announced the termination of legal status for over 532,000 immigrants, requiring them to leave the country within 30 days. The affected individuals—Cubans, Haitians, Nicaraguans, and…
After 11 Years, Widow Still Fights for Replacement of Demolished Lagos Home, Appeals to Sanwo-Olu
Mrs. Elizabeth Adetoun Ajibola’s life changed completely on September 26, 1992, when her husband died in a military crash. Major Olatokunbo Mohammed Ajibola was among officers who perished in the…
“False Reports Won’t Distract Me”—Umeh Rejects Allegations of $10,000 Bribe Over Emergency Rule
Senator Victor Umeh, representing Anambra Central Senatorial District, has denied allegations that he received dollars to support the State of Emergency declared by President Bola Ahmed Tinubu in Rivers State.…
Lagos Court Jails Man for Selling New Naira Notes
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Hammed Saka, who was sentenced to three months in prison for selling new Naira notes. Justice Ayokunle Faji…