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The Lagos State Government has formally addressed the ongoing outcry following the demolition of thousands of structures in the historic Makoko waterfront community. Officials maintain that the exercise is a proactive safety measure intended to prevent "incredible disaster" rather than a punitive action against low-income earners. The demolitions, which began in December 2025, have reportedly displaced over 10,000 residents and leveled more than 3,000 homes. Critics and human rights groups have labeled the move "class cleansing," but the state government insists the decision is rooted in public safety and environmental sustainability.

The World Bank has approved $50 million in fresh funding to expand solar powered agricultural solutions across Nigeria and five other African countries. This initiative, channelled through the Productive Use Financing Facility (PUFF), aims to integrate renewable energy into the agricultural value chain to address chronic inefficiencies in food storage and processing.

In 1999, the S&P 500 peaked. Then it took 14 years to gradually recover by 2013.

Today? Goldman Sachs sounds crazy forecasting 3% returns for 2024 to 2034.

But we’re currently seeing the highest price for the S&P 500 compared to earnings since the dot-com boom.

So, maybe that’s why they’re not alone; Vanguard projects about 5%.

In fact, now just about everything seems priced near all time highs. Equities, gold, crypto, etc.

But billionaires have long diversified a slice of their portfolios with one asset class that is poised to rebound.

It’s post war and contemporary art.

Sounds crazy, but over 70,000 investors have followed suit since 2019—with Masterworks.

You can invest in shares of artworks featuring Banksy, Basquiat, Picasso, and more.

24 exits later, results speak for themselves: net annualized returns like 14.6%, 17.6%, and 17.8%.*

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_{*Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.}

The Federal Government of Nigeria has confirmed the disbursement of ₦152 billion to contractors for verified contracts, following intensified protests at the Federal Ministry of Finance headquarters. The payment aims to address a fraction of the estimated ₦4 trillion debt backlog claimed by the All Indigenous Contractors Association of Nigeria (AICAN) for capital projects executed during the 2024 fiscal year.

New from NHM: A forthcoming deep-dive series examining Nigeria’s economy and its growing influence on housing, investment, and development decisions, with data-driven insights timed to major policy and market shifts.

The Kogi State Government has announced plans to raise a ₦50 billion Sukuk bond to accelerate the construction of the Kogi State International Airport and the Lokoja International Market. At an investor engagement and market-sensitisation forum held in Abuja on Thursday, 22 January 2026, the state government confirmed that the proposed issuance is strictly asse backed and aligned with its long term development framework. Construction for both landmark projects is scheduled to commence by March 2026.

_{^{Produced by: Amarachi Okeke}}