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Monthly Archives: September 2017

RENT TO OWN: Another path to owning a home.

Rent-to-own

Owning your house in a country like Nigeria, especially in metro cities of Lagos, Abuja and Port Harcourt is a laudable accomplishment considering the high cost of living. In this article, we take a look at an alternative to paying rent and being treated shabbily by your landlord. The cost of renting a standard house is so back-breaking, sometimes having ...

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NSCDC moves to address personnel’s accommodation needs

accommodation needs

“The Nigeria Security and Civil Defence Corps ( NSCDC ) has moved to key into the Federal Government’s housing policy to address the accommodation needs of its personnel.”- The Nation Spokesman of the Corps, Mr Emmanuel Okeh, disclosed this in a statement in Abuja on Thursday. Okeh said the Commandant General (CG) of the Corps, Mr Abdullahi Gana, announced the ...

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Muhammadu Buhari Housing Estate commissioned in Lagos

Muhammadu Buhari Housing Estate commissioned in Lagos

According to Independent, Ibrahim Idris, the Inspector-General of Police, on Thursday in Lagos, emphasised the need to improve the welfare of the estimated 370,000 police officers serving in the country. Idris made the call while commissioning the Muhammadu Buhari Housing Estate, with 1,083 units of three-bedroom flats and semi-detached houses built in over 64 hectares of land at Agemowo, Badagry ...

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Illegally imported arms : security yet to search Abuja property

illegally imported arms

According to All Africa, security agencies are yet to search the Abuja property linked to persons suspected to have illegally imported arms in the country. Its over seven days since the Nigeria Customs Service (NCS) impounded the consignment at the Tin Can Island port in Lagos. The Comptroller-General of Customs, Col Hameed Ali (rtd), named Great James Oil and Gas ...

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Governors seek takeover of critical federal roads

critical federal roads

“To revive the near total collapse of most federal roads, Governors yesterday requested the Federal Government to hand over some critical federal roads in deplorable condition to states so as to revive them from total collapse.”- The Nation Many of the roads across the country have become death traps due to overuse and poor maintenance. The request was tabled at ...

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Hidden assets of governor of Niger State uncovered in offshore tax havens

Hidden assets of governor of Niger State

According Premium Times, hidden assets of governor of Niger State, Abubakar Bello, have been uncovered in offshore tax havens, including the notorious British Virgin Islands. The discoveries were made as PREMIUM TIMES continues to scrutinize the over 11 million Mossack Fonseca documents contained in the sleaze dossier now known worldwide as the Panama Papers. At least two offshore companies were ...

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A new electricity regulation to boost electricity meters supplies – Fashola

A new electricity regulation to boost electricity meters supplies – Fashola

“A new electricity regulation that would boost meter supply for consumers nationwide would become operational next month, Minister of Power, Works and Housing, Babatunde Fashola, has said.”- PM News Fashola disclosed this on Thursday in Lagos at a Policy Dialogue on the Power Sector organised by the Lagos Chamber of Commerce and Industry (LCCI). The minister said that the regulation, ...

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Manufacturing sustains expansion for 6 months – PMI

Manufacturing sustains expansion for 6 months – PMI

“The Manufacturing Purchasing Managers Index (PMI) for September, released by the  Central Bank of Nigeria (CBN), yesterday, stood at 55.3 index points in September 2017, indicating expansion in the manufacturing sector for the sixth consecutive month.”- Daily Trust The Index reflects a 1.7 per cent growth from the 53.6 recorded in August. “The sustained uptrend reflects growth of new orders, ...

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10 Living Room Designs For Your Home

living room designs

A living room should be a place to entertain guests, as well as a space where you can relax and put your feet up. In this article culled from styleathome, we take a look at 1o of the best living room designs for your home.  Whether you’re relaxing after a long day or entertaining friends and family, the living room ...

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FMBN rallies NDIC on loan recovery in distressed Primary Mortgage Banks

Primary Mortgage Banks

“The Federal Mortgage Bank of Nigeria (FMBN) has engaged the assistance of the Nigeria Deposit Insurance Corporation (NDIC) for the recovery of its funds trapped in distressed Primary Mortgage Banks (PMBs) and liquidated commercial banks in the country.”- The Guardian Already, FMBN has received and executed agreements in respect of six out of eight distressed Primary Mortgage Banks and hopes ...

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