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Research shows Nigeria performing poorly in Africa investment

Research shows Nigeria performing poorly in Africa investment

“A new research released by Quantum Global Research Lab has shown that Nigeria requires extra effort to regain position as a leading investment destination in Africa. The research, which measured the Africa Investment Index (AII), to guide investors on the countries that are most attractive for investment in the short and medium term, rated Botswana, Morocco, Egypt, and South Africa ...

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A Struggle for Shelter in an Urbanizing World

urban housing crisis

Caveat Emptor!…Buyer beware…this house is not for sale…beware of 419. These phrases are commonplace in Nigeria where buyers often times have less information about properties to be acquired. As far as shelter is concerned in Nigeria, it’s the survival of the fittest. One of the critical challenges to sustainable development in the developing countries wherein Nigeria belongs is the lack ...

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Bad Market – Episode 3

Bad market - episode 6

The holidays were here, after 30-31 days of fast the Muslims had finally sighted the long awaited moon and that was after several adjournments too. This time around the sighting of the moon had caused a stir, especially in Nigeria where we find the light side to every situation no matter how bad it gets. There was a bit of ...

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Lekki Free Zone: Lagos urges investors to invest

Lagos urges investors to invest in the Lekki Free Zone

According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...

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Yobe provides land to Federal Government for grazing reserve

Yobe provides land to Federal Government for grazing reserve

“Yobe government has provided 2,500 hectares of land to the Federal Government for the establishment of grazing reserves and development of fodder banks for animal feeds production. Dr Mustapha Gaidam, Manager, Yobe Livestock Development Programme (YSLDP), told News Agency of Nigeria (NAN) in Damaturu on Monday that the land was provided in Nasari and Gumsa villages of Jakusko and Gaidam ...

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Army forcefully takes over Little Palace hotel in Lagos

Army invades little palace hotel

The management of Little Palace Hotel, has accused the Nigerian Army of invading and forcefully taking over its facility. Little Palace hotel is located at Ishawo, Ikorodu, Lagos State. According to Punch, it alleged that the manager of the hotel, Friday Imhanzuria, was arrested and detained for over two months at the Nigerian Navy Base, Apapa, for demanding the reopening of ...

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Abuja and Lagos among top 60 most expensive cities in the world

Abuja and Lagos among top 60 most expensive cities in the world

“Lagos and Abuja ranked 29th and 59th respectively as the most expensive cities to live in a 2017 global cost of living survey. The 23rd Cost of Living Survey carried out by Mercer, the world’s largest human resource consulting firm, found that African, Asian, and European cities dominated the 2017 list of most expensive locations for working abroad. According to ...

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Fletcher family claims it has title to Ofada land

Kwara N-Power beneficiaries demand 300 hectares of land From government

The Nation reports that the Soremekun Fletcher family has debunked the claims that it has no title to the Ofada land in Ogun State in a suit with Baale Rabiu Adewunmi and 13 others. At a media briefing in Lagos, the family’s lawyer Chief Adekunle Funmilayo said the Appeal Court in Ibadan, the Oyo State capital, affirmed High Court’s decision ...

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Bayelsa govt provides land for Agip Oil’s residential quarters

Kwara N-Power beneficiaries demand 300 hectares of land From government

“The Bayelsa State government has offered to provide land for the Nigerian Agip Oil Company to build its corporate office and residential quarters in Yenagoa the state capital.” TVC News The offer was gladly accepted by the managing director of the company, Massimo Insulla who was in Yenagoa where both parties made commitments to work together for the success of ...

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Developers attribute building collapse to lack of professionalism

Developers condemn lack of professionalism leading to building collapse

“Developers under the aegis of Real Estate Developers Association of Nigeria (REDAN), South West Zone, have condemned the action or inaction, negligence, lack of professionalism, etc, that have led to the series of building collapse incidents in Nigeria.” –Business Day The country has, in the last six months, witnessed several cases of building collapse with Lagos leading the pack having ...

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