The Central Bank of Nigeria (CBN) late last year launched the redesigned N200, N500 and N1,000 notes. The bank also capped the withdrawal of the new banknotes at N100,000 weekly for individuals and N500,000 for corporations. Later, it raised...
When it comes to investing in property, Africa offers many attractive opportunities. With a growing economy, rising middle class, and increasing demand for housing, many African countries are becoming popular destinations for real estate investment. Investing in real estate...
The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Mr.Hamman Madu, has disclosed that the bank is constructing 265 housing units in some local government areas of Kano state.
Madu, who also noted that the units would be...
Recently, Nigeria has witnessed a surge in the price of property and general real Estate, caused by the inflationary pressures, which experts say are caused by the high cost of building materials. Usually, the location of a property determines...
Everyone in this day and age is talking about going green. Eventually, whether you like it or not, everyone will have to join the green movement. This is due to the fact that the earth cannot sustain us at...
China’s economic recovery gained momentum in July as business activities resumed and confidence improved, despite disruptions from sporadic Covid outbreaks across the country.
That’s the outlook based on Bloomberg’s aggregate index of eight early indicators for this month. The overall...
The leadership of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), Comrade Oyinkan Olasanoye has predicted that dollar will continue to rise against Naira unless Nigerians change their taste for imported products.
This is just as...
Laide Agboola, Co-founder and CEO, Purple Group
The management of Purple Real Estate Income Limited (PREIL) says it has grown its operating revenue by 112 percent to N2 billion, riding on the expansion of its asset base and sale of...
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...
The Vice President of the Nigerian Institute of Quantity Surveyors (NIQS), Mr Bamidele Mafidiwo, has said that unless the problems of power, diesel, cement, exchange rate and other factors are addressed in the country, the cost of building construction...
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