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We’re committed to Nigeria’s economic growth, stability – US

We’re committed to Nigeria’s economic growth, stability – US

Abuja—The United States government has restated its commitment to economic growth and stability in Nigeria. US Chargé d’Affaires in Nigeria, David Young, who made the remark at a Nigerian-American Chamber of Commerce Conference on SME Financing and Franchising, stressed that America shared Nigeria’s goals for a prosperous economy.

Jailbird blames action on drug addiction

Jailbird blames action on drug addiction

A 41-year-old man who was arrested by operatives of the Rapid Response Squad, RRS, of the Lagos State Police Command, for allegedly stealing a phone and N600 from a commercial bus driver at Ojodu Berger area of Lagos, weekend, has blamed his indulgence on addiction to hard drugs.

Where is the $7bn CBN placed with 14 banks?

Where is the $7bn CBN placed with 14 banks?

“The report of 14 Nigerian banks which were appointed by CBN as “Asset Managers” of Nigeria’s reserves was carried on back page of The Guardian Newspaper of the October 5th, 2006. Festus Odoko, the CBN’s Head of Corporate Affairs, confirmed in the report that “already deposits worth $7bn representing part of the Central Bank of Nigeria’s “share of foreign reserves” presently estimated at about $38bn had been released to the banking consortium”.

Polio, Speaking Books: UNICEF, Rotary  International and Emeka Offor

Polio, Speaking Books: UNICEF, Rotary International and Emeka Offor

THE global war against polio virus has been waged on many fronts for more than half a century with punctuated accelerations and decelerations. Over time, the geographical theatres have shifted remarkably, warranting boundaries to be redrawn or descaled.

Premium Pensions positions for more growth – Ideva

Premium Pensions positions for more growth – Ideva

Still basking in the excitement of its success at the recently held Africa Pension Awards, Premium Pension Limited, one of the pioneer Pension Fund Administrators (PFAs) in Nigeria said it is positioning for more growth, the present economic realities notwithstanding.

Firm opens tiles showroom in Port Harcourt

Firm opens tiles showroom in Port Harcourt

Decorative building materials market in Mile 3 area of Port Harcourt, Rivers state last week got a boost with the inauguration of the ROYAL Exclusive Showroom, a one-stop mega tiles and sanitary wares showroom.

Real estate experts advocate housing subsidy, liberal access to land

Real estate experts advocate housing subsidy, liberal access to land

Real Estate stakeholders have advised the present administration to assemble a competent team that will hit the ground running towards addressing the huge housing deficit facing the country, adding that by building 500 houses in each of the 36 states across the nation, the administration can create over one million jobs in Nigeria.

CDCSL set to deploy private equity funds for real estate

CDCSL set to deploy private equity funds for real estate

Converged Dynamics Capital Services Limited (CDCSL), a financial services company licensed by the Securities & Exchange Commission (SEC) has concluded plans to deploy a private equity fund for investments in the Nigerian real estate sector.

PZ shareholders seek tax relief from FG

PZ shareholders seek tax relief from FG

Shareholders of PZ Cussons Nigeria Plc have called on the Federal Government to give tax relief to production companies across board to enable them plough back same into their businesses so as to caution the effects of foreign exchange.

Lagos lists over 100 abandoned properties in Ikoyi, VI

Lagos lists over 100 abandoned properties in Ikoyi, VI

The Lagos State government has compiled a list of more than 100 abandoned properties in Ikoyi and Victoria Island and directed owners of the buildings/structures to take physical possession of such properties to ensure they are completed, restored and fit for habitation within 90 days or face prosecution.

Importance of due diligence in property investment

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.