General News
Lamudi Nigeria Records New Milestone of 20,000 Listings
Lamudi Nigeria, formally cemented its position as Nigeria’s leading property marketplace on Friday last week, reaching a series of milestones including 20,000 property listings on its website.
Launched in October 2013, Lamudi is now operating across 28 countries in Africa, Asia and South America with further expansion planned in the future.
Over 500,000 properties are now listed worldwide on the platform. Lamudi Nigeria alone has seen a doubling in its property listings within 3 months, having marked 10,000 properties in April this year.
This milestone comes shortly after the launch of the Lamudi mobile appfor Android devices and coincides with the launch of the Lamudi YouTube channel increasing the variety of channels by which consumers can access and experience the listings of Lamudi Sellers as well as knowledge and news on the Nigerian real estate sector.
Sharing her views about the Real Estate Market in Nigeria, Allie Morse, chief executive officer Lamudi West and Central Africa, stated that, “For Lamudi Nigeria to achieve over 20,000 listings in less than a year speaks to the opportunity in the market and the excitement of our partners to display the very best of Nigerian real estate to the world.”
Last week also saw Lamudi Nigeria solidify its position in the sector with the signing of partnership agreements with two of Nigeria’s leading professional real estate entities.
First of all, Jide Taiwo & Associates, the country’s biggest real estate firm with over 23 branches nationwide, renewed its collaboration with Lamudi with a nationwide agreement to market its listings.
Mr Sina Ganiyu, senior partner and chief executive officer for Jide Taiwo & Co, commented on the signing, stating thus, “We decided to trial Lamudi when they first came into the market in 2013 and we have been impressed by the level of service, attention to detail and rate of success that they have achieved for us as a client within such a short time. To us, Lamudi is not an advertising channel, Lamudi is more a valued strategic partner intrinsically invested in our success. Together, we are going to increase our international reach as a firm.”
In a related event, Lamudi Nigeria also secured a formal partnership with the Lagos State Chapter of the Estate Rent & Commission Agents Association of Nigeria (ERCAAN) – Nigeria’s largest association of estate agents.
This partnership will see Lamudi forming closer bonds with ERCAAN members through training, joint activities and listings to help drive greater transparency and professionalism in the industry.
Commenting on the development, Hon. Godwin Alenkhe, chairman of ERCAAN, Lagos Chapter, referred to the significance of the collaboration this way: “As an association, ERCAAN covers every one of the 57 local government areas of Lagos. We are also a major stakeholder in the Lagos State Real Estate Transaction department under the Ministry of Housing.
Our overall aim is to enhance the professional abilities of real estate practitioners in Lagos state and this unprecedented development with Lamudi is the perfect opportunity to boost our presence, communicate our business ethics and extend the reach of the services of our members through online channels to both local and international property seekers.”
Also, Obi Ejimofo, managing director of Lamudi Nigeria, gave his view on the week; “We have definitely had a very busy week at Lamudi. But this success is certainly not a one-off,these milestones have all been in the pipeline.”
“We have grown 5 times in size in 4 months, but at the same time, we have matched this incredible expansion with a sound foundation of customer service and innovative online marketing. It is our intention to take the stress and complication out of the real estate process, and our partners recognize and support us in this objective. We are now setting our sights to reaching 40,000 listings in the next few months but we recognise that this is no way near enough to meet the demand for housing in Nigeria.”
Lamudi Nigeria has announced it now has more than 20,000 listings on the platform while it has also extended its services to provide wider property selections in major Nigerian cities such as Lagos, Abuja and Ibadan.
General News
Court Remands Akujobi, Ex Access over alleged Theft of N294.5m

Chinonso Akujobi, former staff of Access Bank in Lagos, has been remanded in Ikoyi prison after she was arraigned on a five-count charge bordering on stealing to the tune of N294.5m.

Akujobi who is being prosecuted by the Economic and Financial Crimes Commission (EFCC) was arraigned before Justice I.O. Ijelu of the State High Court sitting in Ikeja, Lagos.
EFCC alleged that Akujobi stole the money between January and December 2025 while under the employment of Access Bank Plc.
As stated in one the charges, the defendant stole the money through unauthorized payments from the general ledger of Access Bank to her account number 0036668871 with the name Chinonso A., Uchechi A. and Florence A., thereby committing an offence of stealing, contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
The defendant pleaded “not guilty“ to the charges when they were read to her.
In view of this, S.M.Yabo, prosecution counsel, asked the court for a trial date and also prayed for the remand of the defendant in a Correctional centre.
Justice Ijelu, thereafter, adjourned the case till October 8, 2026, for the hearing of the bail application and the commencement of trial.
The Judge also ordered that the defendant be remanded in the Ikoyi correctional Centre.
General News
NSIB Faults Runway Identification, Reveals Cockpit Disagreement in Asaba Jet Incident

The Nigerian Safety Investigation Bureau (NSIB) says the flight captain of the VMO Aero aircraft that landed on a roadway near Asaba Airport in Delta State told investigators that the observer pilot mistakenly identified the paved road as the runway before touchdown.

The bureau disclosed this in a preliminary report released on Thursday on the June 10 incident, which prompted the Nigeria Civil Aviation Authority (NCAA) to ground the private jet.
The aircraft had seven people on board, including the pilot-in-command (PIC), second-in-command (SIC), an observer pilot, a cabin crew member and three passengers.
According to the report, the aircraft was cleared by Air Traffic Control (ATC) to approach Runway 11 at Asaba Airport after the crew requested a right orbit.
The crew initially discontinued the approach, executed a missed approach and repositioned for a second landing attempt.
NSIB said the crew reported that the aircraft’s navigation systems indicated it was correctly established on the published RNAV Runway 11 approach.
“The PIC and SIC reported that the observer pilot identified the paved surface ahead as the runway,” the report stated.
However, the observer pilot gave investigators a different version of events.
According to NSIB, he said the aircraft remained inside cloud until late in the approach and that the Ground Proximity Warning System (GPWS) repeatedly issued “TERRAIN, TERRAIN, PULL UP” alerts.
He also said he observed a telecommunications mast directly ahead and instructed the flight captain to abandon the approach and climb immediately.
The bureau further disclosed that a cabin crew member reported that one of the passengers became concerned after overhearing discussions among the pilots and asked whether one of them was undergoing training. The passenger was reportedly reassured that all three pilots on board were experienced captains.
NSIB said no abnormal events were reported in the cabin before touchdown.
The aircraft eventually landed at about 8:57 a.m. on an under-construction paved roadway near Asaba Airport instead of the designated runway.
The bureau said its investigation into the incident is ongoing, while the preliminary report highlights conflicting accounts among the cockpit crew over the circumstances that led to the erroneous landing.
General News
EU warns Meta over addictive Facebook, Instagram designs, threatens fines

European Union has warned Meta Platforms Inc. that it could face a significant financial penalty unless it changes what regulators describe as the “addictive design” features of Facebook and Instagram.

The European Commission issued the warning in preliminary findings released on Friday, saying Meta had failed to sufficiently address risks posed by its platforms, particularly to children and vulnerable users.
The Commission said features such as infinite scrolling, personalised content recommendations and automatic video playback were designed in ways that encouraged excessive engagement with the platforms.
EU Executive Vice-President for Tech Sovereignty, Security and Democracy, Henna Virkkunen, said protecting the physical and mental well-being of European citizens should be a priority for social media companies.
The Commission said Meta should consider introducing design changes, including disabling autoplay and infinite scrolling by default, providing effective screen-time reminders and adjusting recommendation systems to reduce the focus on maximising user engagement.
The findings were issued under the European Union’s Digital Services Act (DSA), which sets obligations for major online platforms to address risks associated with their services.
Meta, however, rejected the Commission’s conclusions, saying it disagreed with the findings but would continue engaging with European regulators.
The company said it had already implemented measures aimed at protecting younger users, including Teen Accounts that allow parents to manage screen time limits and restrict access during night hours.
The EU said its investigation, which began in 2024, found that existing time-management tools on Facebook and Instagram could easily be bypassed, while parental controls required technical knowledge that limited their effectiveness.
Regulators also expressed concerns over children’s nighttime use of the platforms and the possibility that features such as Reels and Stories could encourage compulsive behaviour.
If the Commission’s preliminary findings are confirmed, Meta could face a fine of up to six per cent of its annual global revenue under the DSA.
The warning comes as the EU steps up efforts to strengthen online safety measures for children, with an expert panel established by European Commission President Ursula von der Leyen expected to present recommendations on protecting minors online.
Several EU member states, including France, have also supported discussions on restricting social media access for children, following Australia’s decision to ban users under 16 from accessing social media platforms.
Meanwhile, the Commission is continuing a separate investigation into whether Meta’s recommendation algorithms create “rabbit hole” effects by directing users towards increasingly extreme content.
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