Housing Deficit: 28 Million Homeless in Nigeria, Odua Investment moves to Create 1000 New Units in S/West

Prior to Africa Health Report (AHR) on Housing deficit in Nigeria and Federal Mortgage Bank of Nigeria (FMBN) recent data that housing deficit is 28 million units in January 2023 and this means, 28 million people are homeless. Odua’s Investment Company Limited, via its subsidiary Wemabod Estate Limited, aims to address housing shortages by constructing…

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Wike Demolishes Abuja Shanties over Security Threats, Others

The Department of Development Control, Abuja Metropolitan Management Council of the Federal Capital Territory Administration (FCTA), has demolished shanties illegally built on a road corridor in Wuse Zone 3. Coordinator of the Council, Mr. Felix Obuah, who spoke to newsmen after the exercise in Abuja on Wednesday explained, “The location was preserved for a road…

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Nigeria Launches New Oil, Gas Licensing Round

Nigeria has launched a new oil and gas licensing round, inviting bids for as many as 12 onshore and offshore blocks and promising transparency in the bidding process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the start of the 2024 Licensing Round at the ongoing Offshore Technology Conference (OTC) in Houston, Texas. During the…

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BREAKING: Cybersecurity Levy Illegal–Northern Elders, Knock CBN, Kick Bank Multiple Charges

The Northern Elders Forum (NEF), has flayed the Central Bank of Nigeria CBN, for imposing the Cybersecurity Levy. The NEF, a socio-cultural organization representing the interests of the Northern region of Nigeria, said in a statement on Wednesday night, it “strongly condemned the Central Bank of Nigeria’s recent decision to impose a cybersecurity levy on…

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