Nigeria’s heavy dependence on imported building materials is exposing the country’s housing sector to serious risks, especially from foreign exchange pressure and global supply chain shocks, a new report on …
South Africa’s property market is seeing a major shift as leading players Pareto and Divercity Urban Property Group move ahead with an R850 million residential redevelopment in Menlyn, Pretoria. The …
Global financial institution Deutsche Bank has indicated strong interest in financing major rehabilitation and replacement works on two of Lagos’ most important bridges — the Carter Bridge and the Third …
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
Nigeria is losing about N20bn every day at its seaports due to poor infrastructure, weak systems, and inefficiencies that frustrate cargo movement and drive business to neighbouring countries. This revelation …
Legend Internet Plc has achieved a major milestone after recording a 119.7 per cent oversubscription in its Series 1 Commercial Paper (CP) issuance, signalling strong investor confidence in the company’s …
Imo State Governor, Hope Uzodimma, says the state is projecting an economic gain of $1tn from its forthcoming Imo Economic Summit, a major investment forum expected to attract world leaders, …
Nigeria has formally declared its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition after a high-level delegation from ACI Africa visited the Minister of …
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
A new report by BudgIT has revealed that states across Nigeria owe contractors and retirees a combined N1.06tn, even though they received record-high revenue allocations in 2024. The figures, contained …