Housing boom coming as Nigeria’s Own Fannie Mae Sets Out to Double Mortgage Loans
After suffering through an economic contraction that restrained demand for housing loans in Africa’s most-populous country, Nigeria’s state-backed mortgage guarantor is anticipating that a return to growth will help double…
Nigeria stock market stays bullish with 0.22%, Seplat, Unilever are top gainers
The Nigerian Stock Exchange (NSE) market indicators on Tuesday sustained growth for the second trading day, growing by 0.22 per cent. Market capitalisation rose by N34 billion or 0.22 per…
NSE moves 403.14million shares worth N9.14billion naira
March 2, 2018 Investors on the Nigerian Stock Exchange (NSE) on Friday traded 403.14 million shares valued at N9.14 billion exchanged in 4,570 deals. The News Agency of Nigeria (NAN)…
Asaba Airport To Be Fully Functional In Four Months – Okowa
DELTA State Governor, Senator Dr Ifeanyi Okowa has expressed confidence that commercial activities will be in full swing at the Asaba Airport in July, this year. Speaking during an inspection…
Federal Government says new minimum wage will meet economic realities
March 1, 2018 Mr Boss Mustapha, the Secretary to the Government of the Federation (SGF), says the Federal Government is committed to ensuring that the new National Minimum Wage meets…
Warren Buffet exposes terrible mistake investors make
Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in United States stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up…
N650bn debt: DAPPMAN gives FG 14-day ultimatum, fuel scarcity to get worse
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday gave the Federal Government a 14-day ultimatum to settle a N650 billion debt owed its members. It said…
Global ‘ponmo’ market hits $75bn as expert wants Nigeria to maximize cattle rearing potential
Mr Oseloka Obaze, a policy expert, on Tuesday in Awka called on the Federal Government to seek the nation’s participation in $75 billion global hides and skin market. He made…
FAAC disbursements rise by 25% in 2017; FG, States, LGs Share N6.418 trn – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday in Abuja said the Federation Account Allocation Committee (FAAC) disbursements increased by 25 per cent in 2017. NEITI Director Communications and…
NCDMB targets to save $14bn in capital flight in 10 years, injects $200m in oil, gas sector
The Nigerian Content Development and Monitoring Board (NCDMB) said it set aside a 200-million dollar Nigerian Content Intervention Fund (NCIF) to boost participation of Nigerians in the oil and gas…