The Lagos Chamber of Commerce and Industry, LCCI, has said that the decline in the Business Confidence Index (BCI) score at this time suggests that business leaders are increasingly wary of some lingering uncertainties in the country.

Osun State government has commenced moves to take up a housing development loan facility of N1.5 billion offered by the Federal Mortgage Bank of Nigeria (FMBN)
To this end, Gov. Rauf Aregbesola recently wrote a letter to the State House of Assembly seeking approval to access the loan. In the letter, the governor said if approved, the loan would be used to build 342 housing units by the State Property Development Corporation. He said the houses would be sold to the contributors to the National Housing Fund in the state public service.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday said that non-passage of the Petroleum Industry Bill (PIB) posed serious challenges to investments in the sector.

Vanguard investigation has revealed that most of the filling stations in Lagos, especially those located within residential areas charge additional fees for the commodity bought using containers. The extra charges range from N30 to N100 and depend on the quantity of PMS a customer wants to buy.
During investigation which covered areas from Surulere to Apapa in Lagos, it was discovered that most of the PMS retailers were involved in the unwholesome practice.

THE Federal Government has launched the Nigeria Mortgage Refinance Company, NMRC, patterned after the U.S.’s Fannie Mae, with plans to sell bonds in capital markets in a bid to tackle the 17 million-unit housing deficit in Africa’s most populous nation.

The Nigerian College of Aviation Technology, NCAT, Zaria, has been hit by acute hostel accommodation which led to students’ demonstration, last week.

The availability of data in today’s digital world has led many business professionals to become overwhelmed with analytics and performance metrics.
To stay focused on growth, however, it is imperative for professionals to choose a handful of metrics that will adequately showcase the performance of their business.

The Nigerian Stock Exchange, NSE, will concentrate on achieving global visibility in 2014 having recorded some milestone in the effort of restructuring and improving technology development in the last three years, says Oscar Onyema, the NSE’s Chief Executive Officer.

When after a long wait, the South African High Commission in Lagos granted me visa to allow me cover the African Nations Championship, my boss, Tony Ubani told me I was in for a good trip. His description of a good trip was hinged on the beautiful sights and sounds Cape Town would offer. “It is one of the most beautiful cities in the world,” my well travelled boss had assured me.

Lack of information by Nigerian businessmen and women has stalled their access to €2billion (N435.9 billion) loan earmarked for them by the Eximbank in Turkey.
Out of the €2 billion in the Turkey bank, €400million (N87.2 billion) which was set aside for Nigerians with viable business proposals to access in 2013 is still in the vault of the eximbank till now.