Lagos luxury rentals hit N38m annually as demand soars – Report
Rental prices in Lagos luxury housing have climbed to record levels, with top two-bedroom apartments now renting for as much as N38 million a year, according to Northcourt’s 2025 real estate market report. The study shows that property values at the high end have been rising steadily for more than a year. A one-bedroom luxury […]
FG Targets Over 400K Youths With Accessible Loans As CREDICORP Launches YouthCred In Lagos
The Nigerian Consumer Credit Corporation (CREDICORP) has rolled out the YouthCred program at the NYSC camp in Ipaja, Lagos, after an earlier launch in Abuja. The initiative is part of President Tinubu’s Renewed Hope agenda, aimed at improving access to consumer credit for Nigerians. YouthCred, carrying the slogan “Real Financial Knowledge, Real Credit”, will give […]
Fuel scarcity looms as NUPENG begins nationwide strike Monday
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has announced that its members will embark on a nationwide strike starting Monday, September 8, 2025. The union explained that the move is in protest against alleged anti-labour practices connected to the use of newly imported Compressed Natural Gas (CNG) trucks from Dangote Refinery. In […]
FG suspends land allocations on Islands and Lagoons, orders resubmission
The Federal Government has put a stop to all approved, pending, and planned land allocations, as well as Certificates of Occupancy (C of O), on islands and lagoons. Authorities have instructed that these applications be resubmitted to the Office of the Surveyor-General of the Federation (OSGOF) for proper review and coordination. This action comes after […]
Nigerian government warns against fake Cowbell milk in circulation
The Nigerian government has raised concern over the spread of fake Cowbell “Our Milk” in markets across the country. In a statement released on Friday, the National Agency for Food and Drugs Administration and Control (NAFDAC) confirmed the development through its official website. The agency explained that Promasidor Nigeria Limited, the company that produces and […]
Naira continues depreciation against dollar at official market
Nigeria’s local currency, the naira, continued to lose strength against the United States dollar and other major currencies at the official foreign exchange market on Tuesday. According to the Central Bank of Nigeria (CBN), the naira could not recover, sliding further to ₦1,534.93 per dollar compared to ₦1,533.67 on Monday. This means the naira dropped […]
Aba Power announces weeklong electricity disruption
Aba Power, one of Nigeria’s major electricity distributors, has announced that there will be a one-week disruption in power supply across Abia State. The company said in a statement on Tuesday that the disruption will take place from 21st to 28th August 2025. According to Aba Power, the outage is happening because its main power […]
Nigerians, business owners in squeeze amid fourth inflation decline
Nigeria’s inflation rate has dropped for the fourth month in a row, but the reality for citizens and business owners has not improved. Daily life remains tough as food, fuel, and transport prices continue to rise despite the official numbers showing progress. According to INFOLAND, inflation eased to 21.88 percent in July from 22.22 percent […]
Again, Nigerian filling stations reduce fuel prices to woo buyers
Nigerian fuel stations, including members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), have lowered petrol prices for the second time this week to attract more buyers. Abubakar Maigandi, the National President of IPMAN, told INFOLAND on Friday that petrol now costs between N860 and N870 per litre in Lagos, and between N895 and […]
Billionaire businessman, Bill Chisholm officially takes over basketball club Boston Celtics in $6.1bn deal
American billionaire Bill Chisholm has officially taken over the Boston Celtics after the NBA approved a record-breaking $6.1 billion sale. The announcement comes five months after the deal was first agreed. The NBA confirmed in a statement that its Board of Governors unanimously approved the sale of the controlling stake in the Celtics to an […]