Nigeria Real Estate Future Hangs in Balance Amid Challenges

Property developer Cecil Ezem Osakwe warns that Nigeria's real estate sector faces deep structural issues despite rising demand. Key challenges include land acquisition complexities, infrastructure gaps, and financing constraints, threatening sustainable

Nigerians Share Solar Power Costs and Savings

Three Nigerians detail their switch to solar energy, revealing expenses from N468,000 to N2.7 million and savings up to N3 million, highlighting a trend amid power outages and high fuel prices.

FCMB Capital Markets Tops FMDQ League with N1.53 Trillion

FCMB Capital Markets Limited raised N1.53 trillion in corporate debt capital through bond listings and commercial paper on FMDQ Securities Exchange in 2025, securing first place on the exchange's Fixed Income Primary Markets Sponsors' League Table.

Indonesia Rations Fuel, Enacts Remote Work as Prices Soar

Indonesia has introduced fuel rationing, work-from-home Fridays for civil servants, and cuts to government travel in response to soaring global energy prices linked to Middle East tensions. The measures aim to save billions in subsidies.

Nigeria Real Estate Boom Faces Structural Hurdles

Real estate expert Barrister Cecil Osakwe highlights how Nigeria's property market boom is challenged by infrastructure gaps, financing barriers, and regulatory inefficiencies despite urban growth.

US-Africa Summit in Mauritius Amid Iran War Jitters

The US-Africa Business Summit will convene in Mauritius this July, bringing together over 2,500 delegates to boost trade and investment, despite concerns over rising fuel costs and US policy impacts linked to the Iran conflict.

Dangote Refinery Gets $2.5bn Loan From Afreximbank

The Dangote Petroleum Refinery has secured a $2.5 billion loan from Afreximbank as part of a $4 billion syndicated facility to strengthen its balance sheet and support long-term growth across Africa.

FG Opens 2026 MSME Awards, N1bn for 100 Winners

The Federal Government has launched applications for the Eighth MSME Awards, offering over N1 billion in grants to 100 outstanding small businesses. The initiative aims to boost entrepreneurship, drive economic growth, and foster innovation across key sec

Tax Filing Errors in Nigeria: Penalties Explained

Learn about widespread tax filing errors in Nigeria, including missed deadlines and incorrect computations, and the financial penalties they attract. Experts advise early filing and professional guidance.

Asia Increases Crude Imports from Nigeria and Angola

Crude oil shipments from Nigeria and Angola to Asia are projected to rise by 200,000 barrels per day in March, reaching 3.72 million bpd, as Middle East tensions disrupt supply and drive prices to record highs.

Lagos Extends Tax Filing Deadline to April 14

The Lagos State Internal Revenue Service has moved the individual income tax filing deadline from March 31 to April 14, 2026, providing residents with additional time to submit their annual returns accurately through the mandatory electronic system.

Dangote Refinery May Export Fuel Amid Crude Shortage

The Dangote Petroleum Refinery has stated it will continue supplying fuel locally but warns it may export products if forced to import crude oil. The facility faces strong demand for diesel and aviation fuel amid global supply disruptions.

Oyo Faults Adelabu's Power Project Claims

Oyo State Government disputes Minister Adelabu's allegations about failed power projects, clarifying the 11MW IPP was operational and detailing progress on a new 12MW gas project.

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