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Saturday, December 3, 2022

UPDC REIT Announces Dividend Payment Of 17 Kobo And 1 Kobo Per Share

UPDC Real Estate Investment Trust (UPDC REIT), the largest real estate investment trust in Nigeria by market capitalization on the Nigerian Exchange Limited (NGX),...

Nigeria’s Debt To Contractors Worth Over N11tn, Says Fashola

The Federal Government owes contractors N11.16 trillion for the construction of several roadways around the country. Babatunde Fashola (SAN), Minister of Works and Housing, said...

Sheraton Abuja Hotel Suspends Operation, Reveals Why

Sheraton Abuja Hotel has temporarily suspended its operations. In a notice addressed to the investing public on Friday, Capital Hotels Plc disclosed the shutting down...

Novare Real Estate Nigeria’s Lekki Mall Clocks 6, Unveils Anniversary Logo

Novare Lekki Mall, the largest retail mall in Nigeria owned by Novare Real Estate Nigeria, is six this year. The Chief Executive Officer of Novare Real...

Second Niger Bridge Will Soon Be Open – Fashola

The Federal Government (FG) has stated that the Second Niger Bridge connecting Anambra and Delta states will be open to the public soon. Babatunde Fashola,...

Nigeria Allocates N248bn Towards Lagos-Ibadan Expressway, Roads

The Federal Government has set aside N248.5 billion towards the building, upkeep, and restoration of current road projects across the country. This was made...

FG Reopens Dangote Cement As Talks Continue Between Parties

Rauf Aregbesola, the interior minister, has revealed that the Dangote Group and the Kogi State Government have achieved an understanding over the necessity...

Nigeria Construction Firms Grow Profits By N3.97bn

Nigerian construction companies' profit before tax increased by N3.97 billion in the first half of 2022. Despite mounting worries about the inflation rate's continued...

Second Niger-bridge Will Be Fully Operational By 2024 Q1 – Seyi Martins

The second Niger-bridge, according to Seyi Martins, the Acting Federal Controller of Works in Anambra State, will be fully operational by the first quarter...

Shortlet Market To Generate 30% Revenue For Investors

Keji Giwa, the founder of Digital Landlords and ShortletHomes, claims that the recreational shortlet market may provide a 30% return on investment for investors. Giwa...

Interest Rate Hikes Shrinks Real Estate Investments – IMF

According to a recent analysis by the International Monetary Fund (IMF), tighter financial conditions, such as interest rate increases, have impacted commercial property prices...

PenCom Approves 25% Withdrawal Of Funds For Residential Mortgage

The National Pension Commission (PenCom) has approved the issuance and immediate implementation of guidelines for Retirement Savings Accounts (RSA) holders to access their RSA...

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