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The Federal Mortgage Bank of Nigeria (FMBN) has signed a memorandum of understanding with the Real Estate Developers Association of Nigeria (REDAN) and pan-African finance institution Shelter Afrique to establish a $2 billion affordable housing fund. The money will help to finance the construction of a targeted 10,000 homes annually ...

The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has said for the corporation to survive and meet its obligations, the root causes of some of the toxic loans in the real sector of the economy needed to be revisited. Kuru, while welcoming the ...

The House of Representatives has urged the Minister of Finance, Mrs. Kemi Adeosun  to urgently constitute the governing board for the Nigeria Customs Service. The House also resolved to forward its resolution to the Senate for concurrence, as it mandated its committee on Customs and Excise to ensure implementation and ...

Government Head of Communications Kurt Farrugia, speaking in his official capacity, has accused the Chairman of the PANA Committee, Werner Langen, of being part of the PN’s campaign to divert attention “from the mess they are in”.Last Saturday, Mr Langen wrote to Prime Minister Joseph Muscat urging him to use ...

North Korea fired a newly developed powerful ballistic missile into its eastern waters Wednesday, U.S. and South Korean officials said, amid worries the North might conduct nuclear or long-range rocket tests ahead of the first summit between President Donald Trump and his Chinese counterpart Xi Jinping this week.The initial U.S. and South ...

A man trying to eat a half-pound glazed doughnut in 80 seconds as part of a Denver doughnut shop's eating challenge choked to death, one of two people who died in such contests this past weekend.Travis Malouff, 42, died early Sunday of asphyxia due to obstruction of the airway, a coroner said. He had ...

Happy is how local actor Ben Camille and his wife Kristina Camilleri described their wedding day in an exclusive interview with the March edition of I DO magazine, distributed by Standard Publications for free to all brides and grooms attending Kana courses and available in leading bookshops and newsagents. The wedding ...

PANA chairman Werner Langen expressed surprise at the audacity shown by the official spokesman of a government holding the EU presidency, saying he failed to understand how his letter to request Keith Schembri to attend a PANA committee hearing can be described as an attempt to join a Nationalist Party ...

A Nigerian man today was sentenced to 10 years imprisonment after he was found to be involved in a case of drug trafficking.The accused was charged with conspiring for the purpose of selling or dealing in illegal drugs and participating in the act of aiding, abetting, counselling or procuring the ...

European Union lawmakers on Wednesday passed a resolution calling for phased negotiations in divorce proceedings with Britain, going against the wishes of London, which would like exit talks and discussions of a future trade arrangement to happen in parallel.The lawmakers voted 516-133 for the resolution, with 50 abstentions, highlighting the ...