The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
GOVERNMENT
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BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
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At least ten Nigerian states have collectively raised their domestic debt stock by ₦417.7 billion within a year, despite receiving increased monthly revenue from the Federation Account Allocation Committee (FAAC), …
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EconomyGOVERNMENTSecurityTransportation & LogisiticsTravel & Tourism
Despite Piracy Drop, Shipowners Still Spend Up to $8,000 Daily on Security Escorts in Nigerian Waters
Maritime industry stakeholders have raised concerns over the high cost of marine security in Nigeria, revealing that shipowners still spend between $5,000 and $8,000 daily to hire private security vessels, …
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EconomyEnergyGOVERNMENTInfrastructureInternational RelationsNigeriaTechnology
FG Unveils $150,000 Solar Testing Centre to Tackle Substandard Products
The Federal Government has commissioned Nigeria’s first Mini-grid Simulation and Standardisation Centre, a $150,000 facility aimed at regulating the quality of solar components and promoting local manufacturing of renewable energy …
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The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …
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DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
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Tension is rising in South Africa’s Government of National Unity (GNU) as political pressure mounts between coalition partners. On the first anniversary of the ten-party coalition formed on June 30, …
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AgricultureBusinessDevelopmentFood ProductionGOVERNMENTInfrastructureNigeriaSecurityTechnology
Agritech Expert Urges FG to Invest in Cold Storage to Cut $9bn Post-Harvest Losses
A Nigerian agritech expert, Ayomide Olugbade, has called on the Federal Government to invest heavily in cold-chain infrastructure to reduce the huge post-harvest losses that continue to affect the agricultural …
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Banking, Finance & InvestmentEducationEnvironmentGOVERNMENT
Union Bank partners Nigerian Conservation Foundation to tackle plastic pollution
Union Bank of Nigeria Plc has joined the global call to protect the environment by partnering with the Nigerian Conservation Foundation (NCF) to host a special event marking World Environment …
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF hails CBN’s reforms, warns Nigeria to adjust 2025 budget over oil revenue
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …