The continued market activity in major African cities to deliver residential developments within the luxury and deluxe category has created a huge gap between the demand and supply for low-income earners, a report by Estate Intel has stated.
The report titled ‘Residential developers dominating Africa’s major cities’ indicated that the demand for affordable and inclusive housing schemes…
The United Kingdom has reiterated its commitment to mitigating the effects of climate change in Nigeria.
According to a statement, British Deputy High Commissioner, Ben Llewellyn-Jones, said this at a climate action event in the celebration of Commonwealth Day which was…
Gender equality will improve GDP by 50% – NITDA
March 26, 2023
The National Information Technology Development Agency said that gender equality in the digital space could increase the Gross Domestic Product of the country by over 50 per cent.
The Director-General NITDA, Kashifu Inuwa said this on Friday at the closing ceremony of its…
Faster Internet expected as broadband hits 50%
March 26, 2023
Broadband penetration is set to hit 50 per cent before the end of 2023, expanding fast Internet access to Nigerians.
In the Nigerian National Broadband Plan (2020 – 2025), the Federal Government set a 50 per cent broadband penetration target for 2023. In its policy document, the government set a broadband penetration target of “50 per cent of eligible individuals with provision for physically…
EFCC Arrests PoS Ondo Operators for Trading Naira notes
March 26, 2023
Officials of the Economic and Financial Crimes Commission were caught in several local government areas in South and North Akure, Ondo Province, and point of sale operators suspected of selling overpriced naira were arrested. On Friday and Saturday, the Anti-Corruption…
Bus-train accident: Lagos to charge driver with manslaughter
March 25, 2023
The Lagos State Government is set to charge the driver of the staff bus involved in a collision with a train, Oluwaseun Osinbajo, with manslaughter.
The collision occurred on March 9 at the PWD railway crossing in Ikeja, the state capital.
The bus, which had employees of…
Access Bank Zambia acquires Atlas Mara
March 25, 2023
Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Plc, has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited (Atlas Mara Zambia) into its existing operations.
A statement on Friday by the Company Secretary, Sunday Ekwochi, said this was…
CBN tells banks to open on Saturdays and Sundays.
March 24, 2023
Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of a coordinated effort to ease circulation of banknotes of various denominations.
The apex bank also confirmed the evacuation of banknotes from its vaults to…
South Korea seeks extradition of Luna cryptocurrency founder
March 24, 2023
South Korea has announced that it will seek the extradition of fugitive crypto entrepreneur Do Kwon following the arrest of the founder of Terraform in Montenegro and an outright denial by the US of fraud charges.
This was reported by the prosecutor’s office on Friday…
The Federal Government, in partnership with Export Trade Group and Nigeria Agro Inputs Dealers Association, on Thursday, unveiled disease-resistant hybrid maize seeds to boost crop production as the planting season begins.
Officials from the Federal Government’s Institute of Agricultural Research, the trade group, as well as NAIDA, unveiled the ETG M401 and ETG M601 hybrid maize varieties to…

