Real Estate News Daily
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NATIONAL NEWS
The Central Bank of Nigeria has revised its Standing Facility corridor, lowering SLF and SDF rates to boost interbank liquidity and encourage private sector lending while maintaining the MPR at 27%. Analysts say the move enhances monetary policy transmission and supports real-sector credit.
LAGOS
Governor Babajide Sanwo-Olu has presented a ₦4.237 trillion “Budget of Shared Prosperity” for 2026, outlining major allocations for infrastructure, economic affairs, health, education, and social welfare, with revenue projections of ₦3.993 trillion and a ₦243 billion deficit.
ABUJA
Indigenous residents in the FCT call on Minister Nyesom Wike for fair compensation following the demolition of homes in Kuchibedna, citing displacement and threats to cultural heritage.
World News
All News
Lagos Reviews Tenancy Law to Address Rent Demands and Agency Fees
Lagos State Government has revised its tenancy regulations in a bid to curb rising rent demands, multiple agency charges, and other practices burdening tenants across the state.