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Tag Archives: GDP

AMCON lauds CBN on new lending policy

AMCON

The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the directive of the Central Bank of Nigeria (CBN) compelling commercial banks to lend the real sector for economic growth. Kuru stated this at the Institute of Directors (IoD) 2018 luncheon held in Lagos. The Managing Director of AMCON also noted that lending to the ...

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Apex Mortgage bank set to expand their market with 50m subscribers

Mortgage in Nigeria FMBN

Amid concerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand its coverage to capture the ...

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Experts in built environment seek an efficient facility management system

experts

Experts in the built environment have advocated for an efficient facility management system as a means of sustaining national infrastructure across the country. Speaking to LEADERSHIP in Abuja, vice chairman of Council of Registered Builders of Nigeria (CORBON), Bldr. Samson Opaluwah noted that the cycle of failure of national infrastructure and facilities soon after commissioning could only be prevented by ...

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Review of Ambode’s commitment to changing the face of Lagos

Lagos

LAGOS – One major index of social change and development today, especially in Africa, is infrastructure development as particularly epitomized by the construction of roads and bridges. No nation can boast of having achieved development if a large percentage of her roads are impassable. Infrastructure development is critical to achieving human capital development in any society. The economic impact that ...

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Udoma insists FG can’t build critical infrastructure alone

Udoma insists FG cant build critical infrastructure alone

The Minister of Budget and National Planning, Senator Udo Udoma, has told the leadership of the National Assembly that since government alone cannot shoulder the provision of critical infrastructure and provide investment capital needed to drive the process, it has decided to not just partner with the private sector for investment funds, but also make the environment attractive to investors. ...

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The Effect of Recession on Property Management Practice in Nigeria

Recession

Property management is an act of inter-mediation between owners and occupiers on issues affecting the parties arising from ownership and occupation of buildings. It is a conscious process of guiding and tailoring an investment in land into profitable venture. Its main concern is the optimization of the owners’ investment. On the other hand, an economy is said to be recessed ...

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Financial experts endorse movable assets as collateral at CIBN forum

movable assets as collateral

“The signing into law of the bill for using movable assets as collateral, popularly known as Collateral Registry Act has been described as moves in the right direction, by financial experts.”- The Guardian The law, which came on the realization that small business, estimated to have employed over 60 million Nigerians and accounted for 48 per cent of the nation’s ...

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Kano state to grant land and tax incentives to investors

Kano state to grant land and tax incentives to investors

Gov. Abdullahi Ganduje of Kano State on Wednesday says the state is ready to grant land and tax incentives to investors, to revolutionise agriculture and promote investments in various sectors. Ganduje said this at the 2017 Annual General Conference of the Nigerian Bar Association (NBA) in Lagos with the theme “African Business: Penetrating through Institution Building’’. The governor spoke at ...

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