Looking for your next business idea? Start with the problems AI hasn't solved yet.
State of Product reveals what AI still hasn’t solved
80% of product professionals say AI helps them ship faster, but customers aren’t seeing value any sooner. Atlassian’s State of Product 2027 explores the gains AI is delivering and the challenges that remain, from decision-making that hasn’t kept pace to gut instinct overriding customer evidence.
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Nigeria Targets 5,000 Mortgages by 2028 as Maximum Loan Rises to ₦85m
Nigeria plans to increase mortgage delivery to 5,000 by 2028 and raise the maximum mortgage loan from ₦50 million to ₦85 million as the Federal Government pursues reforms to expand access to homeownership. Minister of Housing and Urban Development, Muttaqha Rabe Darma, announced the targets at the 15th Meeting of the National Council on Lands, Housing and Urban Development in Sokoto on 15 October 2026.
Why do construction projects stall?
Rising material costs aren't the only challenge facing developers. Cash-flow gaps can be just as disruptive. Our research with Bujeti looks at the financial pressures behind construction delays and what they mean for the industry.
Nigeria’s Energy Inflation More Than Doubles to 10.85% in September
Nigeria’s energy inflation rate more than doubled to 10.85% in September 2026 from 4.69% in August, as rising energy prices reversed the recent moderation in inflation. The National Bureau of Statistics (NBS) reported the increase in its September 2026 Consumer Price Index (CPI) report, released on Thursday, 15 October, even as the country’s headline inflation rate declined for the fourth consecutive month to 14.63%.
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Oyo Gets 17.7MW Mini-Grids as Government Rules Out Electricity Tariff Hike
The Federal Government has commenced a 17.7-megawatt interconnected mini-grid project in Oyo State, targeting at least 20 hours of daily electricity supply to five communities in Ibadan. The initiative is expected to improve power reliability for households and businesses while reducing dependence on private generators.
Lagos Orders Fresh Road Repairs to Improve Access to Homes and Businesses
Lagos State has intensified road reconstruction and rehabilitation across several communities, as the government seeks to address deteriorating infrastructure, improve mobility and strengthen access to residential and commercial areas.
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Nigeria Targets New Maritime Hubs as Port Development Expands Beyond Lagos
Nigeria is pursuing a more geographically balanced port network, with plans to modernise existing maritime facilities and develop new deep seaports to strengthen trade, reduce logistics costs and stimulate economic activity beyond Lagos.
Tony Elumelu Backs $15bn West African Infrastructure Investment Pipeline
Nigerian businessman Tony Elumelu is backing a proposed $15 billion investment pipeline designed to finance infrastructure projects across West Africa, as regional leaders seek to address the infrastructure deficit affecting economic growth, trade and industrial development.
Quote of the day:
“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”
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