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Sunday, May 31, 2020

Aimart Realtors, other subsidiaries consolidate brand identity, set to unveil New Logo In Dec.

Nigeria's premium real estate company, Aimart Realtors is poised to consolidate her brand identity with other subsidiaries in the Aimart group as the group...

Infinity Trust Target N2 Billion Profit … Seek Fresh Capital

The managing director of Infinity Trust Mortgage Bank Plc, (ITMB) Dr Olabanjo Obaleye, said the bank is targeting a profit before tax...

FG targets one million houses

The Federal Government has a target of constructing one million houses annually in order to reduce about 17 million housing deficit in Nigeria. It...

Lagos to spend N1.5 billion on wetland rehabilitation

The General Manager of Lagos State Parks and Gardens Agency (LASPARK), Mrs Bilikiss Adebiyi-Abiola has said that the state government will spend over N1.5billion...

FMBN seeks additional N500bn recapitalisation fund

The Federal Mortgage Bank of Nigeria (FMBN) says it has sought for legislative intervention for the upward review of its capital base to N500...

2017: S/South, S/West gulp 52 Percent of federal roads budget

The South-South and South West region will get N138 billion equivalent to 51.45 percent of the federal government total spending of N268 billion on...

South Africa Sun International exits Nigeria

South African Hotel and gaming group, Sun International said it had decided to exit Nigeria due to weak economic growth and clashes with regulators. The...

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MTN Nigeria Opens N100 billion commercial paper issuance

MTN Nigeria Communications Plc has commenced its Commercial Paper (CP) Issuance (Series 1 & 2 of N50 billion...

Oil Industry Needs Multiple Sources Of Funding- Ronke Onadeko

For Nigerian Oil industry to impact positively on the economy, Post Covid-19, there most be adequate funding from mixed sources. Ms Ronke...

MPC Cuts interest rate to 12.5%

The Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) on Thursday May 28, 2020, reduced...