Dangote group has announced that the Dangote Refinery is now refining 57 million litres of Premium Motor Spirit (PMS), commonly known as petrol, daily.

There are several options for owning homes in Nigeria even in the midst of age-old housing shortages in Africa’s most populous nation.

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that 43 million households in Nigeria are living in substandard houses.

The National Assembly has secured an additional N50 billion for the Federal Ministry of Housing and Urban Development in the 2025 budget.

In the past week, the naira experienced a mixed performance across various segments, reflecting the Central Bank of Nigeria’s ongoing efforts to stabilise the currency.

The Federal Government has announced plans to audit its housing assets and enhance ground rent collection by establishing Task Teams in each state to improve oversight and accountability.

The Lagos State Government has announced plans to mark illegal buildings on Banana Island for demolition, starting Monday, February 17, 2025.

Fragvest, a real estate investment platform, has secured a $350,000 pre-seed investment from Sthenic Finance & Advisory Limited, marking a significant milestone in its mission to democratize property ownership in Nigeria.

The amount budgeted for personnel costs, including salaries and allowances to state civil servants, has increased from N2.036tn spent in 2024 to N3.87tn in the approved 2025 budget.

The Lagos State Government has allocated funds for urban renewal and technical studies of the Fourth Mainland Bridge as part of its 2025 budget.