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NMRC posts N482m profit

The Nigeria Mortgage Refinance Company (NMRC) recorded a profit of N482 million for its operations in 2015, a significant increase over the N160 million profit it declared in 2014. The company also recorded increase in its total assets, rising to N39.01 billion in 2015 from N10.6 billion in 2014.

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Importance of due diligence in property investment

Most people who have lost money in real estate did not do as much due diligence as they should do. Never wave your due diligence. Don’t ever think that you can wish it away. No matter who may be introducing the investment to you, regardless of the respect you have for the person. If you adhere to this particular instruction, you will save yourself a lot of headache in real estate.

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Nigerian Banks and Dubai analyst: Stemming external aggressors

When the Honorable Minister of Finance, Mrs Kemi Adeosun, in Washington during a discussion on the importance of addressing infrastructure gaps in developing countries at the recently concluded IMF\World Bank annual meetings accused the western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coal, many took the statement on its face value.

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Babaginda market. Source:

The impact of entrepreneurship on economic growth, Development

Analysts’ have come to realise that entrepreneurs are the backbone of modern economies. It is their important contributions that help society grow as a whole. One of the reasons the United States is such a dynamic, innovative, and prosperous nation is because of the numerous business entrepreneurs that take their ideas to the next level regardless of the risks involved. Entrepreneurs create jobs and innovate and grow the economy.

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