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…
African fintech unicorn Flutterwave has denied losing the sum of ₦2,949,557,867 to hackers.
It was earlier reported on Sunday that hackers stole the sum of ₦2,949,557,867, from the accounts of the company and over 300 customers were affected by the fraudulent…
Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave.
The tech giant’s counsel, Albert Onimole, reported the case to the Deputy Commissioner of Police, State Criminal Intelligence Department, Panti…
PHANTOM V Fold offers a 120Hz flagship dual screen, and a powerful 5-lens photography system for an unparalleled crease-free large-screen experience.
Yesterday, TECNO’s premium sub-brand, PHANTOM, launched a new flagship smartphone, the PHANTOM V Fold, marking the brand’s emphatic entrance into the foldable device market. The phone delivers an immersive visual experience through an optimally…
The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of the challenges in the sector.
The President of NLC, Joseph Ajaero, said this on Friday while addressing journalists in Apapa during a courtesy…
The Central Bank of Nigeria has approved in principle for Zenith Bank to operate as a financial holding company.
In a statement signed by the Company Secretary, Michael Otu, on Friday, the bank revealed plans to change its organisational structure.
With this change, the…
To shore up its capital base, Wema Bank has issued a N25 billion bond to targeted investors.
In a corporate notice signed by the Company Secretary, Johnson Lebile, on Thursday, the bond will not be listed on any security exchange.
Part of the notice read, “Wema Bank Plc decided on the issuance of the bonds as a means of shoring up its capital base to facilitate the bank’s business of lending…