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Today’s edition looks at how urban policy decisions are colliding with community realities, as debates around redevelopment, displacement, and accountability resurface. Beyond the headlines, we examine what these moments signal about housing governance, public trust, and the direction of city planning.
We also track key market and policy signals shaping housing decisions across the country, from government actions to how households and investors are adjusting on the ground.
Fact-based news without bias awaits. Make 1440 your choice today.
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Sanwo-Olu Accuses NGOs of Exploiting Makoko Demolition for Financial Gain
Lagos State Governor Babajide Sanwo-Olu has accused various local and international Non-Governmental Organisations (NGOs) of exploiting the ongoing demolition and displacement in the Makoko waterfront community to attract donor funding. Speaking during an interview on Channels Television, the Governor alleged that these organisations use the imagery of the crisis to raise significant capital from international donors without delivering tangible benefits to the affected residents.
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High Court Bars FCTA and Wike from Interfering with Nanet Hotels' Maitama Land
A High Court of the Federal Capital Territory (FCT) has issued an interim injunction restraining the Federal Capital Territory Administration (FCTA) and the Minister of the FCT, Nyesom Wike, from interfering with a disputed parcel of land in the Maitama District of Abuja. Presiding Judge, Justice Bello Kawu, granted the order in suit FCT/HC/CV/5274/2025, effectively halting any attempts by the administration to revoke the lease or eject the current occupants, Nanet Hotels Limited.
Court Orders FHA and AIBEN Properties to Maintain Status Quo in Gwarinpa Land Dispute
A Federal Capital Territory (FCT) High Court sitting in Bwari, Abuja, has issued an interim order restraining the Federal Housing Authority (FHA) and AIBEN Properties Ltd from altering the condition of a disputed land parcel located at 5th Avenue, 52 Road, Gwarinpa II Estate. Justice M. A. Madugu delivered the ruling on 6 January 2026, following an ex parte application by Tulwu Integrated Properties Ltd, which asserts lawful ownership of the property.
Lagos State to Commence 64 Day Rehabilitation of Lekki-Epe Expressway on 25 January
The Lagos State Government has announced that it will begin a comprehensive rehabilitation of the Lekki-Epe Expressway starting on 25 January 2026. This maintenance project, scheduled to last for 64 days, aims to address critical sections of the high-traffic corridor to improve travel times and long-term structural integrity.
3 Tricks Billionaires Use to Help Protect Wealth Through Shaky Markets
“If I hear bad news about the stock market one more time, I’m gonna be sick.”
We get it. Investors are rattled, costs keep rising, and the world keeps getting weirder.
So, who’s better at handling their money than the uber-rich?
Have 3 long-term investing tips UBS (Swiss bank) shared for shaky times:
Hold extra cash for expenses and buying cheap if markets fall.
Diversify outside stocks (Gold, real estate, etc.).
Hold a slice of wealth in alternatives that tend not to move with equities.
The catch? Most alternatives aren’t open to everyday investors
That’s why Masterworks exists: 70,000+ members invest in shares of something that’s appreciated more overall than the S&P 500 over 30 years without moving in lockstep with it.*
Contemporary and post war art by legends like Banksy, Basquiat, and more.
Sounds crazy, but it’s real. One way to help reclaim control this week:
*Past performance is not indicative of future returns. Investing involves risk. Reg A disclosures: masterworks.com/cd
FG Validates Updated National Policy to Combat Land Degradation and Desertification
The Federal Government of Nigeria has officially validated an updated National Policy designed to mitigate the escalating threats of desertification, land degradation, and drought (DLDD). During a validation workshop held in Abuja on Tuesday, 20 January 2026, the Minister of Environment, Malam Balarabe Lawal, emphasised that the revised framework is essential for enhancing environmental sustainability and safeguarding the socio-economic stability of millions of Nigerians.
FX MARKET SNAPSHOT
USD > NGN | 1,480.26 | Up by 0.17% |
GDP > NGN | 1,987.15 | Up by 0.07% |
EUR > NGN | 1,729.75 | Up by 0.08% |
CAD > NGN | 1,070.02 | Up by 0.13% |
Economy Watch
U.S. Tariffs: Edun Says Nigeria Open to Mutually Beneficial Deals Globally
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Nigeria is actively seeking strategic and mutually beneficial economic partnerships globally in response to shifting international trade dynamics and potential U.S. tariff adjustments. Speaking on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, the Minister emphasised that Nigeria’s trade policy focuses on competitiveness and the protection of domestic economic interests.
Quote of the day:
“Progress is not measured by how fast plans are announced, but by how well they hold up in the lives of people affected by them.”
Produced by: Amarachi Okeke
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