Real Estate

President Buhari Commissions 748 Housing Units In Abuja.

Earlier today, President Muhammadu Buhari commissioned 748 Housing Units of Federal Housing Authority Estate in Zuba, Abuja. The entire estate covers a total of 18.5 hectares of land area. In the course of executing the estate project, over 13,000 Nigerians were employed directly and indirectly. President Muhammadu Buhari at the commissioning presented keys to some new homeowners at the Federal…
Read more
Brands & People

CDK promises continuous innovation in tiling industry

CDK Integrated Industries has reiterated its commitment to continue driving innovation and best practices in the tiles manufacturing sector in Nigeria. In a statement, the company said this during its stakeholders interactive forum in Ikeja, Lagos. Speaking at the event, the…
Technology

UNDP and WIPO present strong IP system

The World Intellectual Property Organisation and United Nations Development Programme in collaboration with the Nest Innovation Hub, have stated that a robust Intellectual Property system will boost creativity, innovation and sustainable development. The agencies stated this…
TransportationTravel & Tourism

The contractor missed the April completion date for the Lagos-Ibadan Expressway

The Federal Government has again postponed the reopening of the Lagos-Ibadan Expressway, saying the April 30 date earlier stated will no longer be feasible. The Minister of Works and Housing, Mr Babatunde Fashola, who dropped the hint, said the development was due to heavy traffic being experienced from toll gate to the Kara Bridge section of the Lagos-Ibadan Expressway. Fashola made the appeal in…
Read more
Technology

FG is exempt from 5% communication tax

The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services. This is despite a recent communication by the Minister of Communications and Digital Economy…
Real Estate

Developers advise governments on building codes.

Developers in the real estate sector have accused the government of prioritising revenue generation over the implementation of policies. The Chief Executive Officer of Darryl Homes Nigeria Limited, Omotayo Odumade, said the government had turned the real estate industry into…
Business Explorer

Femi Otedola Sells His Shares In Transcorp

Serial investor and billionaire, Femi Otedola has exited his stake in Transcorp Plc, Nairametrics can confirm. Otedola had acquired a 6% stake in Transcorp over a series of carefully orchestrated purchases going almost unnoticed until the acquisition was announced. Nairametrics first announced the acquisition. Reliable sources with knowledge of the transaction inform Nairametrics that the…
Read more
Brands & People

Unilever appoints new MD

Fast-moving consumer goods manufacturer, Unilever Nigeria PLC, has announced the appointment of a new Managing Director, Tim Kleinebenne. This followed the resignation of Carl Raymond Cruz, with effect from May 4, 2023. The appointment of Kleinebenne was announced on…
Education

UNILAG student wins EY tax contest.

Moyosoreoluwa Dada, a final year of the University of Lagos, has been crowned the overall winner of the ‘EY Young Tax Professional of the Year 2023’ competition. A statement said she led nine other finalists to come tops in a fiercely contested competition, at the just…
Technology

According to the GSMA, mobile money acceptance rates are lower for women.

Women are less likely than men to use mobile money services, GSMA has stated. According to the global body of telecommunication firms, the reason for this includes not owning a mobile phone, not being aware of mobile money, not perceiving the relevance of mobile money, and having low literacy and digital and financial skills. In its ‘The State of the Industry Report on Mobile Money (2023)’, it…
Read more