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Nigeria facing worsening economic crisis, says IMF

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The report came amid rising inflation, exchange crisis, weak economic growth and business shutdowns. The global lender said this in a new report titled ‘IMF Executive Board Concludes Post Financing Assessment with Nigeria.’ According to the report, low revenue collection has hampered the provision of services and public […]

todayFebruary 12, 2024 6 1


Lagos reviewing property, rental laws, says Sanwo-Olu

The Governor of Lagos State, Babajide Sanwo-Olu, has disclosed that the government was reviewing the Property Law of Lagos State 2010 and the Rental Law of Lagos State 2011. He stated this at the just concluded 5th Lateef Jakande Housing Lecture Series Organised by the Real Estate Developers Association. According to Sanwo-Olu, the government plans to protect the interest of investors and end users in the state through the review. […]

todayDecember 11, 2023 22


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