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Operatives of the Lagos State Police Command deployed teargas canisters on Wednesday to disperse hundreds of residents protesting ongoing demolition exercises across several coastal and market communities. The demonstrators, representing affected areas including Makoko, Owode Onirin, Oworonshoki, Otumara, and Baba-Ijora, had gathered at the Lagos State House of Assembly in Ikeja to demand an immediate cessation of forced evictions and the provision of adequate resettlement plans.

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In an aggressive push toward urban regeneration, the Anambra State Government, through the Awka Capital Territory Development Authority (ACTDA), has demolished over 5,000 shanties and makeshift structures across the state capital. This enforcement exercise, which aligns with Governor Chukwuma Soludo’s "Green and Liveable Homeland" vision, was paired with a stern warning to developers regarding the revocation of undeveloped lands in designated high end estates.

The Ogun State Government has announced the successful delivery of 5,000 housing units across the state, marking a significant midpoint in its urban development strategy. Governor Dapo Abiodun confirmed the figures during a recent progress briefing, asserting that the administration is now scaling its efforts to reach a cumulative goal of 10,000 affordable homes by the year 2027. This initiative aims to bridge the housing deficit in the state while stimulating local economic growth through construction and infrastructure development.

The Federal Ministry of Housing and Urban Development has partnered with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to initiate a nationwide monitoring exercise for housing related constituency projects. This collaborative effort aims to ensure transparency, accountability, and the efficient delivery of executive and zip projects across the 36 states of the federation. By deploying joint inspection teams, the government seeks to verify that appropriated funds translate into tangible infrastructure for the benefit of Nigerian citizens.

Nigeria’s electricity sector has reached a critical juncture following the third total collapse of the national power grid within a 30-day window. The recurring system failures have resulted in nationwide blackouts, disrupting industrial productivity and placing additional strain on the country's urban infrastructure. These incidents underscore the persistent vulnerabilities within the Transmission Company of Nigeria’s (TCN) infrastructure and raise urgent questions regarding the technical stability of the national energy framework.

FirstBank of Nigeria Limited, in collaboration with the Ministry of Finance Incorporated (MOFI) and ARM Investment Managers, has officially launched a single digit mortgage housing scheme aimed at expanding affordable home ownership across the federation. Unveiled in Abuja on Tuesday, the initiative introduces long-term financing with repayment tenors extending up to 20 years at an interest rate of approximately 9.75%. This strategic partnership seeks to mitigate Nigeria’s housing deficit, currently estimated to be between 20 million and 28 million units, by providing sustainable credit to prospective homeowners and stimulating the construction value chain.

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the apex bank’s unwavering commitment to comprehensive financial sector reforms aimed at fostering economic stability and investor confidence. This assurance was given during a high level consultative meeting with a delegation from British International Investment (BII), the UK’s development finance institution, at the CBN headquarters in Abuja on Thursday.

_{^{Produced by: Amarachi Okeke}}