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Economic meltdown is impacting on real estate agency– Ovesuor

Against the backdrop of the ongoing global economic meltdown which is impacting on all facets of the economy, a renowned estate surveyor and valuer, and managing partner of U. K. Ovesuor & Partner, Mr. Elias Ovesuor has noted that the impact is not too pronounced in real estate practicegenerally but on an aspect of the practice which is agency. Agency in real estate business refers to property brokerage, leases, sales and so on.

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Consolidated Breweries acquires DIL/Maltex

Consolidated Breweries Plc, one of the foremost beverage companies in Nigeria, has obtained permission from the regulatory authorities to acquire the majority stake holding in Dumex Industries Limited (DIL)/Maltex, a subsidiary of CFAO Nigeria Plc. This was made possible following the decision of CFAO to divest from DIL/Maltex by offering its 95.05% equity holding to Consolidated Breweries Plc.

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BOI, USA partner to boost Agric sector

By Michael Eboh Government of the Unit ed States America (USA) has reiterated commitment to ensuring food security in Nigeria , as it announced its plan to partner with the Bank of Industry (BOI) in Nigeria to provide the much needed support and boost the country’s agriculture sector.

Equity trading on NSE dips by 30%

Michael Eboh A lull was recorded in equity trading on the Nigerian Stock Exchange (NSE), Monday, as trading on the shares of listed equities dipped by 29.6 per cent. Particularly, a turnover of 355.9 million shares valued at N2.95 billion was recorded in 11,058 deals in contrast to Friday’s turnover of 505.52 million shares valued
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Etisalat introduces 9jillions promo

By Princewill Ekwujuru For 90 days, two phones will be given away every hour, even as a grand prize winner will be rewarded with $1 million, courtesy the 9jillion promo embarked upon by Etisalat Nigeria network. Steven Evans, Chief Executive Officer, Etisalat Nigeria  revealed  at the press conference to announce its rollout plans, said  the
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Panasonic enters market with environmentally friendly air conditioners

By Daniel Ailemen From its 2009 air-conditioner line-up, Panasonic said it has introduced into the Nigerian market  an environmentally friendly air conditioner. The new product, the company said is a range of eco-inspired air conditioners which has combined aesthetics with environmental responsibility and performance. Mr. Bhojraj Rupani, Managing Director, Panaserv Nigeria Limited, marketer of  Panasonic 
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