Author: Press Room

In SummaryThe Real Estate industry in Africa is projected to reach approximately US$17.64 trillion by the end of 2025.As of December 2024, 340 Real Estate Startups in Africa had received a total of $29.2 million in seed funding.Nigeria, Egypt, the Democratic Republic of Congo, and Tanzania are the countries with the largest housing deficit as of 2025.Africa currently faces a housing deficit of at least 51 million housing units and requires an estimated a1.4 trillion to curb the deficit. Deep Dive!!The African real estate technology sector—also known as Property Tech or PropTech—has witnessed significant growth, with numerous companies leveraging technology…

Asue Ighodalo, the Peoples Democratic Party (PDP) candidate in the 2024 Edo State governorship election, has strongly rebuked Senator Monday Okpebholo over his recent allegations on TVC News’ Journalist Hangout. Okpebholo, the governor of Edo State, had claimed that Ighodalo and his team “are mopping up money to go and bribe tribunal people,” a statement Ighodalo described as not only false but a dangerous attempt to blackmail the judiciary. In a statement issued on Wednesday and signed by Erhabor Emokpae in Benin City, Ighodalo condemned Okpebholo’s comments as “deeply irresponsible” and a calculated effort to intimidate the judiciary, poison…

Idowu Abdullahi Concerned over the rising cost of drug prices in the country, the Federal Competition and Consumer Protection Commission on Wednesday met with stakeholders in the pharmaceutical and healthcare sectors. Those at the meeting include representatives of the Association of Community Pharmacists of Nigeria, the Pharmaceutical Society of Nigeria, and the National Health Insurance Authority. Others are the National Agency for Food, Drug Administration and Control, the Federal and State Ministries of Health, the Pharmacy Council of Nigeria, the World Health Organisation, among others with discussions focused on potential solutions. The FCCPC Chief Executive Officer, Tunji Bello, who chaired…

It has been raining first singles of the year since 2025 began. Just today Korede Bello came through with “Tiny Drops” and “Make Me,” Blaqbonez followed with “W For Wetego,” and now Young Jonn has joined the lineup with the visuals for his first single of the year, “Only Fans.” The song carries a carefree, larger-than-life energy as Young Jonn likens his lifestyle to that of King Solomon. The video is exactly what you’d expect. Surrounded by plenty of ladies, he is just enjoying himself with no stress, no worries, and vibes on vibes. Watch “Only Fans” below.

Super Eagles defender Bright Osayi-Samuel will leave Fenerbahce by the end of the season due to their inability to meet his wage demands, Soccernet.ng reports. Osayi-Samuel’s contract situation has been one of the most consistent topics at Fenerbahce since the start of the season. The Super Eagles star’s contract is supposed to expire at the end of the season, and the club has been trying to get him to sign an extension. However, he has remained adamant. Osayi-Samuel currently earns less than €3 million per year at Fenerbahce, and he wants the club to increase it significantly. But the former…

Elon Musk announces that video and audio calls are to arrive on X (formerly Twitter). In a brief post, the X owner states, “Video & audio calls coming to X.” He also explains that the feature already works across iOS, Android, Mac devices, and PC. Video & audio calls coming to X: – Works on iOS, Android, Mac & PC– No phone number needed– X is the effective global address book That set of factors is unique. — Elon Musk (@elonmusk) August 31, 2023 According to Musk, users won’t be required to have a phone number to engage with this…

Bonny and Bodo communities in Rivers State are set to benefit significantly when the 35.7-kilometre Bodo-Bonny Road is completed. The landmark infrastructure project will connect Bonny Island to mainland Rivers State by road for the first time in history, unlocking new economic opportunities for the region. Chairman of the Bodo-Bonny Road Peace Committee, Chief Dr O. R. Longjohn, highlighted the project’s potential, saying: “This project will unlock tremendous opportunities for Bonny Island, enabling socio-economic development across the region and beyond. “Bonny Island plays a vital role in Nigeria’s economy, housing the nation’s largest oil and gas industries. Julius Berger’s…

The Ekiti State Commissioner for Infrastructure and Public Utilities, Mobolaji Aluko, has tasked the 281 graduates of McPherson University, Ajebo, Ogun State not to embrace the japa syndrome but rather see themselves as solutions to the nation’s problem. Aluko who was the guest lecturer at the 8th and 9th combined convocation of the university held at the institution’s auditorium on Friday, said Nigerian youths are faced with hopelessness occasioned by failure in leadership. He stressed that the hopelessness has plunged the youth into a state of restlessness because the nation since independence, had yet to transition to its full potential.…

The Nigerian military has once again assured Nigerians that notorious bandits’ leader, Bello Turji, is being tracked and will be eliminated very soon. The Chief of Defence Operations, Major General Emeka Onumajuru, disclosed this during an interview on Channels Television’s breakfast programme, The Morning Brief, on Monday. Major General Onumajuru said that the military is aware of Turji’s current location but said he will not discuss that further. “First, I need to let you know that there is absolutely no forth and back between Bello Turji and the armed forces. “As I speak Bello Turji is hiding, completely in hiding…

“When Tobi Amusan Broke African Record but AFN’s Faulty Timer Denied Her” “Two Nigerian athletes protest ‘unjust’ exclusion from World Championships” “Athletics Federation of Nigeria denies allegations of abandoning Blessing Okagbare at Tokyo 2020” Traipse through the internet researching keywords like “Athletics Federation of Nigeria,” “AFN Incompetence,” and one will be assaulted with the ineptitude of the Nigerian sports administration whose appalling treatment of our athletes might fill a Nazi soldier with admiration — it is that bad. Nothing beams more light on this recurring, distasteful occurrence than the recent debacle surrounding the withdrawal of Favour Ofili from the 100…