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The Federal Government has intensified efforts to fast-track the completion of a 1,550-unit housing project for Nigerian military personnel in Abuja, as part of broader initiatives to improve troop welfare and strengthen security sector support. The housing development, being implemented under the Renewed Hope Housing Programme, is expected to provide modern accommodation for members of the armed forces and their families within a purpose-built residential estate.

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Stakeholders in Nigeria’s housing and construction sector have criticised the National Assembly over the allocation of approximately ₦97 billion to the housing sector, warning that the funding level is insufficient to address the country’s growing housing deficit. Industry leaders argue that the limited budget undermines efforts to expand affordable housing and improve urban development across the country.

Nigeria’s Minister of the Federal Capital Territory (FCT), Nyesom Wike, has pledged to grant Certificates of Occupancy (C of O) to indigenous residents of Abuja living on their ancestral lands. The commitment aims to address longstanding grievances surrounding land ownership and displacement in the Federal Capital Territory while strengthening tenure security for local communities.

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Nigeria’s organised retail sector has suffered a major disruption following the final shutdown of Shoprite stores across the country, a development that analysts say could significantly impact the nation’s estimated ₦2.5 trillion mall economy. The closure of the supermarket chain, which operated in Nigeria for two decades, is affecting workers, suppliers, and businesses that depended on the brand as a key anchor tenant within major shopping malls.

he Anambra State Government says it has successfully recovered several oil wells previously attributed to neighbouring Delta State, a development expected to increase the state’s share of oil-related revenue from the Federal Government.

State officials disclosed that the recovery followed a verification exercise conducted by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on oil wells located within the Anambra River Basin.