Heavy losses recorded by two consumers goods companies – Cadbury Nigeria Plc and GlaxoSmithKline, GSK Plc – last week resulted in N91 billion decline in investors’ wealth on the Nigerian Stock Exchange, NSE.

AGAINST the backdrop of the huge housing deficit Nigeria is faced with, a Lagos-based real estate development company, Sage Homes, has flagged off a housing project known as The Palms Resort & Residences, a luxurious, resort-cum- residential upmarket development located in the Lekki Free Trade Zone area of Lagos State.

The management of Lekki Gardens Estate Limited, one of Nigeria’s foremost real estate firms, has assured its teeming clients and stakeholders that their investment is safe and appreciating in value in spite of the current economic downturn, just as the firm has disclosed that it has repositioned to ensure timely delivery of quality and affordable housing in the country.

Parc du Cap, a prestigious project on the French Riviera by the Caudwell Collection, will be unveiled to potential investors in Lagos this Wednesday at The Wheatbaker Hotel, Victoria Island.

FBN Insurance Limited and FBN General Insurance Limited have highlighted some array of products to meet the diverse insurance needs of the general public.

Federal Government has commenced the pilot phase of the National Housing Programme (NHP) with the sum of N35 billion, as part of efforts to boost the supply of affordable housing units across the country.

Mutual benefits Assurance Plc is strategically focusing on developing innovative customer-centric products, increasing market share and concentration on core insurance business.

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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The Osun House of Assembly, has commended Gov. Rauf Aregbesola and his Oyo counterpart, Abiola Ajimobi for the peaceful resolution of the joint ownership crisis of Ladoke Akintola University of Technology, Ogbomoso.

Chelsea Manager, Antonio Conte on Sunday, said his players deserve commendation for the way they played against Premier League rivals Manchester United at Stamford Bridge.

Manchester United’s Coach Jose Mourinho has admitted that his team started badly which cost them an embarrassing 4-0 loss to Chelsea.

An anti-corruption coalition, Citizens United Against Corruption, has advised President Muhammadu Buhari not to use operatives of the Department of State Services (DSS) in its anti- corruption operations.

Miners Association of Nigeria, MAN, weekend urged the Federal Government to use development banks to disburse the recently approved N30 billion mining intervention fund.

African Development Bank (AfDB) Group has approved an eight-year $40-million corporate loan to the AfeBabalola University, ABUAD, Ado Ekiti, to finance part of the university’s expansion plan.