Thursday, May 2, 2024
Green nature facade of Parkroyal on Pickering hotel building in Singapore city. PHOTO | COURTESY Sustainable Development Goal 11 (SDG 11) is all about making cities and human settlements more inclusive and self-sufficient. The newly constructed Nairobi expressway has given...
The Federal Mortgage Bank of Nigeria (FMBN) has delivered record-breaking achievements in the seven years of the Buhari administration. Across all corporate indicators the Bank has from 2015 to date surpassed all previous performance records. This includes mobilization of...
Oak Homes, a Lagos-based top-notch housing firm, has made its debut in the Federal Capital Territory (FCT) with The Oak Villa to redefine the concept of luxury living in the city. The company’s entry into the FCT was heralded by...
Investors appear to have stronger appetite for corporate bonds as new issuers make successful debuts, raising more than their initial targets. As against the lull in the initial public offering (IPO) segment of the primary equities market, debt issues by...
The Economic and Financial Crimes Commission, EFCC, said it would henceforth, focus its attention on real estate developers, alleging that they provide safe haven for the laundering of proceeds of crime. The Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,...
A casual observer would agree that, with the spate of building collapse in the country, there is an urgent need for stiff regulation in the Real Estate industry. And to this end, the Real Estate Developers Association of Nigeria (REDAN)...
Citing its management of the real estate investment trust scheme, UPDC REIT, Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has declared that it is charting a new course for real estate investment in Nigeria. The financial...
The Association of Bureaux de Change Operators of Nigeria (ABCON) has said the continued suspension of foreign exchange (forex) to its members is already taking its toll on the nation’s economy. In July 2021, the Governor of the Central Bank...
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, charted a new course for real estate investment in Nigeria. The financial institution was appointed to manage a real estate investment trust scheme, UPDC REIT, as confirmed by the...
INTRODUCTION The Finance Act 2021(the "FA 2021") introduced changes that could have significant  implications for the Nigerian capital markets and real estate sectors. In this publication, we have addressed some of the changes that we consider relevant. Capital Gains on Sale...
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