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Building Collapses: REDAN chieftain blames govt, regulatory compromise

Building Collapses: REDAN chieftain blames govt, regulatory compromise

…demands criminal prosecution Chairman of the Real Estate Developers Association of Nigeria (REDAN), Lagos Chapter, Dr. Tony Aspire Kolawole, has blamed what he described as regulatory compromise, weak enforcement and government failure for the recurring cases of building collapse across the country. Kolawole spoke against the backdrop of the collapse of a five-storey building in […]

Family businesses in Africa sustain growth despite uncertainty — PwC

Family businesses in Africa sustain growth despite uncertainty — PwC

By Peter Egwuatu & Providence Ayanfeoluwa Family businesses across Africa are recording strong growth and demonstrating resilience despite economic uncertainty, regulatory reforms and geopolitical pressures, according to the PwC Africa Family Business Survey 2025. The survey, which covered 79 family businesses across East, West and Southern Africa, showed that 66 per cent of respondents achieved single […]

Nigeria, 4 others launch new corridor Authority for $16bn Abidjan — Lagos highway

Nigeria, 4 others launch new corridor Authority for $16bn Abidjan — Lagos highway

By Efe Onodjae Nigeria and four other West African countries, Côte d’Ivoire, Ghana, Togo, and Benin Republic, have formally launched the Abidjan–Lagos Corridor Management Authority, a regional body established to oversee the development and future operation of the $16 billion coastal highway project linking major economic hubs across the region. The authority will coordinate the management […]

FG, GENCOs sustain disagreement over electricity sector debt

FG, GENCOs sustain disagreement over electricity sector debt

•We are already settling the debts amounting N4trn – FG•It’s N7trn, no payment has happened – GENCOs By Ediri Ejoh The Federal Government has said it is offsetting the power sector’s debt, which it said has risen to about N4 trillion. This came as the Generation Companies, GENCOs, fault the claims, insisting that the sector […]