Friday , 28 March 2014
Headlines
- SEC targets 10 million investors
- Toll collection on Ikoyi-Lekki bridge will continue despite court order- AG Lagos
- Lekki-Ikoyi toll illegal court says
- New Lagos Computer Village requires 20 Billion Naira
- EHINGBETI 2014: Powering the Lagos Economy: Real Opportunities, Endless Possibilities
- Nigerian Economic Summit to focus on Education
- Construction of 2nd Niger Bridge kicks off
Category Archives: Articles Feed Subscription
-
GDP rebasing forecast to rank Nigeria’s GDP above South Africa
Speaking at the just concluded CBO Annual Investors Conference, Dr. Kingsley Moghalu deputy governor of the Central Bank of Nigeria (CBN), financial system stability has stated that the rebasing of Nigeria’s Gross Domestic Product is a welcomed idea and is necessary and at the same time beneficial to the economy. Expectations from rebasing the GDP is high with sources citing... Read more »
-
IGR revenue report, Lagos No 1 in Nigeria
Lagos state generated N185.541 billion in 2010, N202.761 billion in 2011 and N219.202 billion in 2012 making it the highest internal revenue generating state according to data released by the National Bureau of Statistics, this report was signed by Statistician General, Yemi Kale and also the joint tax board. The report shows that Lagos seems to be on a class... Read more »
-
Remembering MANDELA
Who has’nt heard of his story and his walk to freedom. The first black president in South Africa in a nation that had apartheid. Let’s see where it all began. Nelson Mandela is one of the world’s most revered statesmen, who led the struggle to replace the apartheid regime of South Africa with a multi-racial democracy. Jailed for 27 years, he... Read more »
-
Lagos, Nigeria Real Estate Investment Report – MCO
3INVESTONLINE – We introduce the insightful Q4 LAGOS Real Estate Investment Report by MCORE. 1. INTRODUCTION Our Lagos Year to Date Real Estate Investment Report wraps up activity in the Lagos Real Estate Market over the year 2013 and sets the scene for 2014. The Lagos real estate market has finally recovered from the lows of the global credit crunch... Read more »
-
NMRC: Hope to a dearth sector
Recently, the Federal Government gave approval for the disbursement of the $300 million World Bank loan for the implementation of the Nigerian Mortgage Refinance Company (NMRC), raising hope and expectation of the emergence of a robust mortgage industry in the country. NMRC is a secondary mortgage company. It will refinance mortgages originating from primary mortgage lenders including Primary Mortgage Banks... Read more »
-
Nigeria needs N56trn to bridge housing deficit – Jonathan
President Goodluck Jonathan says Nigeria needs N56 trillion to bridge the country’s 17 million housing units deficit. Jonathan stated this at the 53rd General Assembly of the Nigerian Institute of Architects (NIA) in Abuja. The shortfall alone minus infrastructure, according to the President, would require more than N56 trillion, at an average cost of N3.5 million per housing unit to... Read more »
-
Look who’s trending | Femi Akintunde
Femi Akintunde, Managing Director, AM Facilities, Entrepreneur of the year It has been a hugely successful year for Mr Akintunde emerging the EY entrepreneur of the year and winning the Best Support Service Award at Real Estate Unite 2013, he has become the most talked about person in the real estate sector. Mr Akintunde is an Industrial Engineering Graduate with... Read more »
-
Tony Elumelu: The ‘Africapitalist’ who wants to power Africa
Tony Elumelu is not only a raise of hope in Africa’s rising but also an instrument of action to long awaited promises to Nigeria a country full of limitless opportunity but stricken. In a recent interview with CNN, Tony Elumelu, is beginning to clear the part for this dark nation. MAY GOD BLESS AND GUIDE HIS VISION. AMEN. READ MORE... Read more »
-
Edozien leaves Actis
Ngozi Edozien has left her role as Actis head of West Africa, after over four years at the firm. Edozien joined Actis in 2009 and was most recently director, based in Nigeria. Her Actis deals include Nigeria’s Diamond Bank, a financial services company, and Mouka Foam, a mattress manufacturer. Edozien has also worked on Seven Energy, an oil and gas... Read more »
-
GDP forecasts for four rapid-growth markets in Africa
The Q4 2013 quarterly Rapid-Growth Markets Forecast (RGMF) by global tax and financial advisory firm EY has forecast the GDP growth for 25 rapid-growth markets (RGMs) next year, including Africa’s Ghana, Nigeria, South Africa and Egypt. Globally, the report expects a weak outlook for domestic demand in RGMs, and subsequent weaker trade flows, to drive down GDP growth in these... Read more »
