The agency fees are capped at 10% under the Lagos state Tenancy laws and the government has urged tenants who were overcharged to report through the channels.
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Nigerian state set to launch monthly rent payment scheme to ease tenant burden
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Rome businesses count their blessings with US pope
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Germany's Commerzbank staff protest UniCredit takeover threat
'Paradigm shift': Germany says to meet Trump's NATO spending target
Germany under new Chancellor Friedrich Merz surprised NATO allies on Thursday by signalling plans to massively boost defence spending to five percent of GDP as demanded by US President Donald Trump.
Struggling steel giant Thyssenkrupp's shares slump after profit hit
Thyssenkrupp's shares slumped Thursday after it reported worse-than-expected earnings and its steel business took a fresh hit, in more bad news for the struggling German industrial titan. Once a symbol of German industrial might, Thyssenkrupp has suffered as high costs at home, falling prices for its products and fierce competition from Asian rivals hammered its traditional steel business.
EU accuses TikTok of violating digital rules over ads
The EU accused TikTok on Thursday of breaking digital rules after concluding that the Chinese-owned social media platform was not transparent enough about advertisements. Under the DSA, the world's largest digital companies must establish an advertisement library that shows information about the adverts that run on their platforms.
China's Alibaba posts annual revenue increase despite spending slump
Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties that include sluggish spending and threatened trade.
China warns Panama ports deal firms to 'proceed with caution'
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing.
China's Alibaba says annual revenue up six percent year-on-year
Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties.
NIMC reaches 120 million NIN registrations, targets full national enrolment by year-end 2025
The National Identification Number (NIN) will serve as a unique identifier for Nigerians to access government-driven initiatives without identity frauds.
UK economy grows above forecasts, but tariffs threaten progress
Britain's economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump's tariffs blitz took effect. Thursday's data covers the period before April's introduction of a hike to a business tax laid out in the Labour government's maiden budget in October.
NAICOM releases updated requirements amid plans to enforce building insurance
The National Insurance Commission (NAICOM) has announced compulsory insurance for public buildings and construction sites in Nigeria, and enforcement has started.
Economy
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