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Essential Nigeria News

Saturday, September 12, 2026 Volume XXIII Breaking News & Latest Updates
Lagos Ranks Fourth for Luxury Two-Bedroom Rents Business

Lagos Ranks Fourth For Luxury Two-Bedroom Rents

 Lagos has ranked fourth among 10 cities with the highest rental costs for high-end two-bedroom apartments in 2026, with the average annual rent estimated at $19,379.According to a recent report by Nairametrics, the high cost of luxury housing in Lagos is being driven by limited land availabili...

By Esther September 07, 2026
26 States Depend on FAAC as Wage Bills Outpace IGR Business

26 States Depend On FAAC As Wage Bills Outpace IGR

 At least 26 Nigerian states were unable to generate enough Internally Generated Revenue to cover their personnel costs in 2025, highlighting the...

4 0
4 days ago
Liquidity Tightening Pushes Overnight Rate Higher Business

Liquidity Tightening Pushes Overnight Rate Higher

 Nigeria’s overnight lending rate rose to 22.20 per cent as tighter liquidity conditions in the banking system followed recent Central Bank of Ni...

4 0
4 days ago
Delta Offers New Rewards to Cardholders Business

Delta Offers New Rewards To Cardholders

 Delta Air Lines has introduced a new loyalty promotion for eligible new Delta SkyMiles American Express cardholders, offering two round-trip Com...

5 0
4 days ago
Africa to Supply Most New Workers by 2050 Business

Africa To Supply Most New Workers By 2050

 Sub-Saharan Africa is expected to become the world’s biggest source of new workers over the next 25 years, with more than 620 million people pro...

7 0
4 days ago

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