Residents in Lagos face skyrocketing rents, consuming 50-70% of income, prompting urgent calls for government action and reforms to mitigate this housing crisis.
Economy
Most viewed
Popular
-
Zenith Bank seeks stronger ties with Ogun State as Dapo Abiodun showcases infrastructure gains
-
Petrol price hits N1,080/litre in major Nigerian city as fuel queues return, transport fares surge
-
Naira hits 13-year-high: How CBN reforms impacted Nigerian currency
-
YEIDEP: FG announces batch B recruitment date, N500,000 business funding up for grabs
-
Black market traders announce new dollar price as naira loses N25 in one day.
Economy Latest News
How Lagos state spends estimated N5 billion on red meat daily
Lagos state has turned out to be the highest consumer of red meat in Nigeria, with over 7,000 cows consumed daily. This is an investment opportunity.
Russian central bank holds key rate at two-decade high
Prices have been rising quickly across the Russian economy for months, pushed up by massive government spending on the Ukraine conflict and deep labour shortages. That spending has bloated the Russian economy, partially offsetting the impact of Western sanctions.
Data Privacy Act: FG goes tough on businesses, launches tool for Nigerians to report breach
The issue of data privacy has been on the front burner. With this new tool, Nigerians can initiate a remediation process if and when any breach is detected.
Massive disruption after power outage shuts London's Heathrow airport
Britain's Heathrow airport -- Europe's busiest -- shut down early on Friday after a major fire at an electricity substation cut power to the sprawling hub, causing disruption worldwide to hundreds of flights and thousands of travellers. The UK's second busiest airport, Gatwick, said it would accept some flights from Heathrow.
BAT Nigeria certified as top employer for the 8th consecutive year
BAT Nigeria has been recognised and certified as a Top Employer for 2025 by the globally renowned Top Employers Institute. This is a big win for the company.
Group raises alarm over natural gas wastage in Nigeria, calls on FG to invest
FG has made no secret of its plans to bankroll the transition to cleaner energy. A group of engineers have explained how this can be better achieved.
London's Heathrow airport closed after fire causes major power cut
Britain's Heathrow airport, Europe's busiest, was shut down early Friday after a major fire at an electrical substation supplying power to the sprawling facility west of London, officials said. London Fire Brigade said there had been a "significant" fire at a substation in Hayes, a nearby town in the London borough of Hillingdon.
Trump's call for AI deregulation gets strong backing from Big Tech
Major tech firms are pushing the administration of President Donald Trump to loosen rules on building artificial intelligence, arguing it is the only way to maintain a US edge and compete with China.
Asian markets skid into weekend as trade fears cast a pall
Asian markets limped into the weekend on Friday following a tepid lead from Wall Street as the optimism stoked by a dovish US Federal Reserve meeting gave way to long-running fears about President Donald Trump's tariff agenda.
Economy
Load more