Samsung Electronics Nigeria has said it is celebrating women in Nigeria in its Samsung Mother’s Day offer.
In a statement, the company said, “Samsung appliances are an epitome of strength, reliability and consistency and we can liken Mothers’ similarly as the symbol of the same standard. At Samsung we believe that mothers must be celebrated so in light of this, we would be giving out gifts…
The Major Oil Marketers Association of Nigeria has urged the government to automate data in the downstream segment of the country’s oil sector.
Speaking last weekend during a virtual event organised by MOMAN to commemorate World International Data Day with the theme “The…
MTN Nigeria has raised N125bn through issuance of commercial papers to boost its short-term working capital and funding requirements.
In a notice to the Nigerian Exchange Limited on Monday, the company said that it had completed the Series 4 & 5 Commercial Paper issuance…
AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore.
In a statement made available to our correspondent Monday, AfricInvest said that this move would allow Justrite to contribute to building affordable grocery outlets that source local products, support domestic agriculture value chains, and create new jobs while improving the availability of safe…
Stakeholders in the building industry have been charged to uphold standard ethics, which would put the sector in good light and lead to improved welfare for practitioners.
A professor of Estate Management at the University of Lagos, Nigeria, Timothy Nubi, attributed the high…
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has said its profit after tax rose by 172 per cent in 2022 financial period.
In a statement on its financial results for full year 2022, it said, “The company reported a profit before tax of N4.5bn, a…
Stakeholders in the building industry have called on the government to provide incentives to players within the ecosystem as a way of boosting wealth creation and economic prosperity.
They disclosed this at the Nigerian British Chamber of Commerce and the International Real Estate Federation Real Estate Outlook 2023 themed “Pitching Your Tent Post-2023 Elections” in Lagos.
In a statement, the…
Engineering and infrastructure development firm, PPC Limited, has advised contractors to scale hurdles associated with materials sourcing for their building construction projects by building strong partnerships with global suppliers.
In view of the high cost of building…
The Housing Development Advocacy Network has appealed to the Central Bank of Nigeria to give waivers to mortgage banks in the cash withdrawal limit policy.
The report titled “How CBN is underdeveloping the Nigerian mortgage sector” noted that appeals made to the CBN for…
Experts in Nigeria’s built industry have predicted an over 60 per cent rise in the housing deficit by 2050, on the back of rising population and urbanisation worsened by economic conditions.
The Treasurer of the Nigerian Institute of Building, Lagos Chapter, Philips Ayotunde, projected that the housing deficit would increase by over 60 per cent because the growing population would double by…