A foremost estate surveyor in Nigeria and the first General Manager of the Federal Housing Authority (FHA), Mr. Fortune Ebie, has called on the various tiers of government, particularly federal and state governments, to give all necessary incentives to property developers to facilitate provision of mass housing in the country.

Property – the physical residence being financed. The exact form of ownership will vary from country to country, and may restrict the types of lending that are possible.

The Commerce and Industry Correspondents Association of Nigeria (CICAN), said it is set to honour the Olofa of Ofa, Oba Mohammed Gbadamosi; and Chief Executive Officer (CEO), Premier Lottery, Chief Adebutu Keshington, at their forthcoming Crystal Award Nite on Friday.

The 2011 April general elections have come and gone, but will certainly not be forgotten in a hurry by those Nigerians who were on the receiving end of the crises that attended the exercise in some parts of the country

Lack of commitment by professionals in the construction sector may frustrate the take-off of the proposed Construction Development Bank (CDB).

Members of the diplomatic corps in the country, weekend, commended the Federal Government for the successful conduct of the 2011 general elections. The position of the diplomatic corps was disclosed by Dianame Yameogo, Ambassador of Burkina Fasso to Nigeria, who is also the Dean of the Diplomatic Community in the country, at a briefing held by the Minister of Foreign Affairs, Mr Odein Ajumogobia.

Fidelity Bank Plc has declared a N8.6 billion Profit-Before-Tax (PBT) in the financial year ended December 31, 2010 representing an increase of 321 per cent on the N2 billion achieved for the six months of financial year ended December 31, 2009.

The ticketing counters in most airlines reflect the high usage of cash in Nigeria. In addition to the airline staff that issue tickets, there are also about two banks’ staff, collecting cash on behalf of the airline. Consequently, passengers have to go through two points. They first pay through the bank staff for the ticket, collect the teller, and then proceed to the airline staff to collect the ticket. Hence, passengers spend additional time on queues just to buy flight tickets

Unfavourable market dynamics have forced property developers at the upper segment of the housing market to embark on price reduction, a development which analysts have attributed to waning demand and falling prices.

Nigerian industrialists, sole proprietors and businessmen have been advised that unless they set their business on a path to growth, there may be no way out but down. These were the submissions of two experts, Engr. Peju Adebanjo, Managing Director