FMBN plans non-interest mortgages and rent assistance products
The bank aims to launch both by October’s end and says it financed 6,911 housing units under its 2025 targets.
Federal Mortgage Bank of Nigeria
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WELLFICENT / NEWSROOM
45 storiesGlobal energy and well intelligence
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LASACO reports ₦1.60bn nine-month pretax profit after prior-year loss
Its unaudited filing shows ₦23.81bn insurance revenue and ₦1.60bn pretax profit for the period ended September 30, 2026.
Nigerian Exchange / LASACO Assurance Plc
NASENI breaks ground on Kaduna skills centre, commissions drone facility
Radio Nigeria reports a new skills centre and a commissioned UAV training centre at the Air Force Institute of Technology.
Radio Nigeria Kaduna / Federal Radio Corporation of Nigeria
Nigeria minister urges raw-material processing and local industry
At an Abuja summit, Kingsley Udeh called for research, technology transfer and domestic processing; the remarks set priorities, not delivered projects.
Federal Ministry of Information and National Orientation
SFS REIT reports ₦6.24bn net asset value at September end
Its September 30 filing lists 9 properties, 1.6% rent delinquency and full occupancy at its eight operating estates.
Nigerian Exchange / SFS Real Estate Investment Trust
Sokoto officials discuss AI and payments at Interswitch event
At an October 14 conference, a state official said technology adoption was outpacing regulation; the release gave no measured adoption rate.
Sokoto State Government
Foundation proposes IPO shares for eligible Nigerian students
The plan would provide 10 shares to each eligible tertiary student aged 18 or older, potentially reaching four million; no transfer has been reported.
Federal Ministry of Information and National Orientation
Transcorp Hotels posts ₦22.5bn pretax profit in third quarter
Its October 19 release reports quarterly revenue down 3% year on year, while pretax profit rose 1% and net profit 5%.
Transcorp Hotels Plc / Nigerian Exchange
Nigeria agencies sign agreement to promote biogas at abattoirs
EHCON and NBRDA agreed to develop, train for and deploy waste-to-energy technology; rollout remains prospective.
Voice of Nigeria
Anambra environmental official links food security with waste and land management
At a World Food Day event, state officials described environmental measures and cited cleanup figures.
Anambra State Government
Cross River restates food-security commitments at World Food Day event
The state’s October 18 report covers a Calabar commemoration held two days earlier.
Cross River State Ministry of Information
Enugu ends daily tricycle tickets and extends operating hours to 10pm
The governor announced the changes at a riders’ event; terminal fees were also waived, according to the state.
Enugu State Government
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