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Bola Ahmed Tinubu has approved the appointment of Dalhatu Abubakar as Chairman of the Nigeria Commodity Exchange, alongside a newly constituted governing board, in a move aimed at strengthening Nigeria’s commodity trading ecosystem and accelerating non-oil export growth. Announced on April 2, 2026, the decision forms part of the federal government’s broader strategy to improve market transparency, enhance price discovery, and attract investment into critical trade infrastructure such as warehousing and logistics
Tinubu Appoints Dalhatu Abubakar as NCX Chairman, Names New Board
President Bola Ahmed Tinubu has approved the appointment of Dalhatu Abubakar as Chairman of the Nigeria Commodity Exchange (NCX), alongside the reconstitution of its governing board. The move, announced on April 2, 2026, is part of efforts to strengthen Nigeria’s commodity trading system and expand non-oil exports.
World Bank Approves $500m Loan to Boost Nigeria’s Agriculture Sector
The World Bank has approved a $500 million loan to support Nigeria’s agriculture sector, targeting improved productivity, food security, and rural livelihoods. The financing forms part of ongoing efforts to address structural constraints in the sector and strengthen Nigeria’s economic resilience.
Nigeria’s 14.9 Million Housing Deficit Deepens Affordability Crisis
Nigeria is grappling with an estimated housing deficit of 14.9 million units, a shortfall that continues to worsen living conditions and affordability for millions of citizens. The scale of the deficit highlights deep structural challenges in housing supply, financing, and urban planning across the country.
Africa’s Housing Crisis Deepens as Youth Face Growing Barriers
Africa’s housing crisis is intensifying, with young people emerging as one of the most affected groups. Rapid urbanisation, rising housing costs, and limited access to finance are making it increasingly difficult for youth across the continent to secure affordable and adequate housing.
Olubadan Seeks Legal Framework to Combat Land Grabbing in Ibadan
The Olubadan of Ibadan has called for stronger legal backing to address the growing challenge of land grabbing in Ibadan. The proposal aims to curb illegal land acquisitions, reduce disputes, and strengthen property rights protection in one of Nigeria’s largest urban centres.
Quote of the day:
“In real estate, value is not in the introduction, but in the execution. This ruling reinforces that distinction.”
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