A Lagos based non governmental organisation (NGO), Landlords and Tenants Rights Initiative, has warned that tougher times await tenants in Lagos State if the proposed Lagos Tenancy Bill currently with the State House of Assembly is eventually passed into law.

A meeting to address the issues raised by Primary Mortgage Institutions (PMIs) on the recent decisions by the Federal Mortgage Bank of Nigeria (FMBN) concerning the National Housing Fund (NHF) was cancelled at the last minute by the management of the bank

The fluctuating trend of equity prices is expected to continue in the Nigerian Stock Exchange (NSE) this week.
This is due to profit-taking, expected to persist as investors continue to sell off some of their shares to make quick gains, in response to gains recorded on the share prices of majority of the quoted companies, over the last couple of days.

Registrar/Chief Executive, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uju Ogubunka says it is possible for bank customers to safeguard their money in a bank against distress and he explains how this can be achieved.

Baring any positive twist from what is currently on ground, the $2.5b sale of Nigeria’s national telecommunications carrier, Nitel to New Generations telecom may hit the rocks. This is as fresh information Vanguard gathered from Abuja, indicates that the interests that want the sale of Nitel revoked to apparently favour an indigenous player are getting strong backing from powerful people in government.