The Lagos State Government has cautioned residents to be wary of fake estate agents promoting non-existent housing units for sale or rent on social media platforms. The warning comes amid …
- BusinessDevelopmentEconomyInfrastructureMarketsReal Estate
Nigeria’s Commercial Property Market Faces Dollar Shock
The commercial real estate market in Nigeria is witnessing mixed developments, as the cost of renting office spaces skyrockets due to naira devaluation, while industrial real estate is enjoying renewed …
- DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Nigeria Revenue Service Gets Legal Backing to Borrow Funds, Retain 4% of Non-Oil Revenue Under New Tax Act
The Federal Government has given the newly established Nigeria Revenue Service (NRS) the legal power to borrow funds from any source and retain 4 per cent of the total non-petroleum …
- AFRICA NEWSBusiness InsightsEconomyFinance & ServicesFintechInnovationTechnology
Africa’s Fintech Revolution Changing How People Access Money
Africa is witnessing a major financial revolution that is changing how millions of people save, borrow, and spend money. This change is driven by financial technology, popularly called fintech, which …
- BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
Nigeria Liability Insurance Pool Reports 118% Growth in Net Surplus for 2024
The Nigeria Liability Insurance Pool (NLIP) has announced a significant financial performance for the 2024 fiscal year, posting a net surplus of ₦708.24 million, a 118 per cent increase from …
- AfricaDevelopmentEconomyHealthcareInternational DevelopmentInternational RelationsPolitics
African Countries Worry as UK Reduces Foreign Aid Budget Again
The United Kingdom’s decision to cut down its foreign aid budget even further has sparked serious concerns across Africa, with experts warning that the move could affect key development programmes …
- GOVERNMENTHealthcareInnovationInsurancePolicies
NHIA Expands Cancer, Fistula Care Services Through New Partnerships and Accreditation Drive
The National Health Insurance Authority (NHIA) has announced major progress in its efforts to improve healthcare access and reduce the burden of medical costs on Nigerians, particularly those battling cancer …
- EnergyEnvironmentInnovationTechnologyTransportation & Logisitics
Caverton Naval Architect Wins Global Award for Electric Waterway
A young Nigerian naval architect, David Okafor, has made the country proud by winning a major international paper competition organised by the Society of Naval Architects and Marine Engineers (SNAME), …
The Nigerian Electricity Management Services Agency (NEMSA) and the Nigerian Independent System Operator (NISO) have launched a joint plan to boost safety, enforce technical standards, and improve electricity metering across …
- AfricaDiplomacyGovernanceInternational RelationsPolitics
Africa Must Demand Dignity in Global Diplomacy
The recent statement by the Zambian government urging its citizens in the United States to return home voluntarily has raised serious questions about Africa’s standing in global diplomacy. The announcement …