FHA, NUGA Commence Construction of 7,000 Housing Units in Abuja The Federal Housing Authority (FHA) has commenced the construction of a 7000 housing unit estate in Abuja as part of efforts to address the country's housing deficit. The Managing Director/Chief Executive Officer of FHA, Senator Gbenga...

We'll Deliver on Tinubu's Mandate on Affordable Housing - FHA Boss, Ashafa The Federal Housing Authority (FHA) has said it would address the country's housing deficit to fulfil President Bola Ahmed Tinubu's vision to deliver affordable housing to poor Nigerians. The Managing Director and Chief Executive Officer...

I&E Window: Forex Inflow Rises 23% to $1.41bn in One Month - CBN Foreign exchange (Forex) inflows through the investors and exporters (I&E) window rose month-on-month by 23 percent to $1.41 billion in June from $1.14 billion in May 2023. The Central Bank of Nigeria, CBN,...

Nigeria’s Oil Production Falls 13.6% to 1.08mbpd in H1 Nigeria’s oil production in the month of July 2023 fell by 13.6 percent to an average of 1.08 million barrels per day compared to 1.25mbpd recorded in June, latest production data from the Nigerian Upstream Petroleum...

Naira Slump: Marketers Project Fuel Price Hike this Month Oil marketers have warned on the possibility of another hike in petrol price this month due to fall of the naira against the United States dollar, coupled with the recent rise in global crude oil prices. Although...

More Losses Projected as Nine Firms Lose N960bn in H1 - Report Following foreign exchange reforms, Nigerian businesses have envisaged increased losses in the second quarter of the year. Already, nine firms had lost N960.18bn to the new forex policy in the second quarter. According to the...