Economy Opinion Real Estate Amid economic woes, mixed reactions trail lingering rent hikes February 11, 2025 Helen Okechukwu With the rising cost of living in Nigeria, fueled by inflation and economic downturn, housing has become an increasing burden for tenants nationwide. The sharp rise in rent has forced…
Economy Opinion Love in the Time of Recession: Nigerian lovers find creative ways to celebrate Valentine’s Day February 11, 2025 New Daily Prime • Valentine’s Day: Supermarkets, vendors expect high sales By Damilola Olufemi Despite the economic downturn, Nigerian couples are determined to make this Valentine’s Day a memorable one. From supermarket shopping…
Economy Bank of England shocks UK with economic growth prediction February 7, 2025 Alade Adisa The Bank of England’s predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British…
Economy CBN introduces new regulations for BDCs operators February 6, 2025 New Daily Prime The Central Bank of Nigeria (CBN) has announced new regulations that will allow Bureau de Change (BDC) operators to purchase up to $25,000 weekly from a single Authorised Dealer Bank…
Economy Nigeria News Opinion World News Canada follows Mexico in reaching deal to delay Trump tariffs February 3, 2025 New Daily Prime The leaders of Mexico and Canada each said they had struck agreements to pause tariffs for 30 days, but levies on products from China were still set to take effect…
Economy Nigeria News FRC declares Nigeria not in hyperinflationary economy amid rising inflation January 28, 2025 Alade Adisa As Nigeria battles rising inflation rates, which reached a near 30-year high of 34.8% in December 2024, the Financial Reporting Council (FRC) has reassured Nigerians that the country has not…
Economy Nigeria News CBN projects 4.17% GDP growth in 2025 amid economic reforms January 28, 2025 Alade Adisa LAGOS, Jan 23 – Nigeria’s Central Bank Governor, Olayemi Cardoso, has announced an optimistic economic outlook for 2025, projecting a GDP growth of 4.17%. Speaking at a conference on Thursday,…
Automobile Nigeria News World News United Airlines faces scrutiny after second incident on Lagos-D.C route January 27, 2025 Olaoluwa Vincent Ajayi A United Airlines flight from Lagos, Nigeria, to Washington, D.C., was forced to make an emergency return after experiencing an unexpected aircraft movement midair. The incident, involving a Boeing 787-8,…
Nigeria News Real Estate World News UK mortgage approvals unexpectedly drop January 4, 2025 New Daily Prime UK mortgage approvals dropped unexpectedly in November, signaling caution among households post-Budget. Consumer credit growth hit a 29-month low as borrowing costs and stamp duty changes impacted the housing market.…
Real Estate Types of houses N50m can buy in Lagos December 8, 2024 Friday Omosola Over the years, Nigeria’s economic challenges have deepened, yet Lagos remains a beacon of opportunity. Known as one of Africa’s most developing cities, it continues to lure people nationwide seeking…
