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Housing gaps fuelling exploitation by developers – LASG

The Lagos State Government has noted that urbanisation and housing gaps, among others, are being used as a tool of exploitation by developers and property owners. This was disclosed in Alausa recently by the Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, during a weekly briefing of senior management staff of the ministry....
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FG plans 12% interest on low-cost homes

The Minister of Housing and Urban Development, Ahmed Dangiwa, in a recent statement revealed that the government is targeting a 12 per cent mortgage interest rate as part of its broader efforts to make homeownership more accessible to Nigerians. Speaking to an international audience at the Saudi Arabia real estate forum, Dangiwa underscored the immense...
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Megamound disclaims collapsed Ikota building

Megamound Investment Limited has denied claims circulating on some social media platforms that a two-storey building, which collapsed on Tuesday, January 29, 2025, at Mobile Road, Inikpa, in the Ikota area of Ajah, is located within its estate. The company made the rebuttal via a press statement signed by its Managing Director/Chief Executive Officer, Olumide...
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Housing deficit opportunity for transformation – Minister

Nigeria’s housing deficit, estimated at over 28 million units, presents not just a challenge but a significant opportunity for transformative change, according to the Minister of Housing and Urban Development, Ahmed Dangiwa. Speaking recently at the 4th edition of the Real Estate Future Forum in Riyadh, Saudi Arabia, Dangiwa outlined the Nigerian government’s plans to...
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Dangote: Why Marketers Can’t Effect Immediate Price Reduction –IPMAN, PETROAN

Oil marketers cannot implement immediate fuel pump price slash following the reduction of fuel ex-depot price by Dangote Refinery, the Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, and the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, said yesterday. Dangote Petroleum...
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FRC offers scholarships to boost actuarial science

The Financial Reporting Council of Nigeria has launched an initiative to address the critical shortage of actuarial professionals in the country by offering scholarships to outstanding students. This was revealed at the University of Lagos during a career advocacy session with newly admitted postgraduate students of the Department of Actuarial Science and Insurance. The Head...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...