Over 60 per cent of Lagos residents are forced to live in informal settlements, a new report has revealed, highlighting the severity of the state’s housing crisis and the growing …
Governance
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GovernanceHousingInfrastructureLagos NewsReal EstateUrban Development
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BankingEconomyFinanceGovernanceMonetary PolicySMEs
CPPE Urges CBN to Ease Monetary Policies to Support SMEs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a more balanced policy direction that will make credit more affordable …
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BuildingDisaster & EmergencyGovernanceHousingLagos NewsUrban Development
BCPG Calls for Advanced Rescue Equipment After Yaba Building Collapse
The Building Collapse Prevention Guild (BCPG) has urged government agencies and stakeholders to adopt advanced equipment and modern technology to improve rescue operations during building collapse incidents in Nigeria. The …
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EconomyFinanceGovernanceLabourPensionRegulation
PenCom Bans Cross-Shareholding in Pension Firms, Moves to Protect Contributors’ Funds
The National Pension Commission (PenCom) has released new guidelines banning significant cross-shareholding among Pension Fund Operators (PFOs). The move, which became effective immediately on Friday, is aimed at promoting transparency, …
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EconomyGovernanceInfrastructureInternational Development
Surveyor General Says Nigeria’s Mapping Project On Course, Defends Move of OSGOF to Presidency
The Surveyor General of the Federation, Mr. Abuduganiyu Adebomehin, has said that the Federal Government’s plan to map Nigeria is fully on course, stressing that those threatening to challenge the …
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BusinessEconomyFinanceGovernanceHealthInsurance
NAICOM Raises Alarm Over $2bn Annual Capital Flight in Health Insurance
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
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BankingBusinessEconomyFinanceGovernanceWestern Africa
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Pressures Ease
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a major cut in the benchmark policy rate, slashing it by 350 basis points (3.5 per cent) from …
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DevelopmentEconomyGovernanceHealthInternationalNigeria
WHO Commends Nigeria and Other Nations for Reducing Non-Communicable Disease Deaths
The World Health Organisation (WHO) has praised Nigeria alongside China, Egypt, Russia, Brazil, and Denmark for making significant progress in reducing deaths caused by non-communicable diseases (NCDs). The recognition came …
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BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
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BusinessEconomyEnergyGovernanceOil & Gas
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August
Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …