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Tag Archives: Nigeria

Nigeria awards $6.6bn Lagos-Kano rail project to Chinese firm

rail project

The China Railway Construction Co. (CRCC) has announced that Nigeria has contracted it to work on a rail project that connects Lagos and Kano. The project, which is scheduled to be delivered within 48 months, will cost $6.681 billion. In a press bulletin Thursday, CRCC said the project will contain feeders from Osogbo to Ado-Ekiti. The project’s main line is ...

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Nigeria Professional footballer dies in road accident

Nigeria professional footballer

The Nigeria Professional Football League has lost another professional footballer to road accident. This occurs few months after former Enyimba skipper Chinedu Udoji died in a ghastly auto crash. Hussaini Isiah, a Niger Tornadoes defender, died on Monday in a motorcycle accident along Maitumbi Road, Minna, Niger State. “With sorrow heart, we painfully announced the sudden exit of our dedicated ...

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We’ve spent N260b out of the N300b budgeted for road projects – Fashola

road projects

The Minister of Power, Works, and Housing, Mr. Babatunde Fashola, on Thursday, stated that so far, the federal government has spent about N260 billion out of the N300 billion it budgeted for Nigeria’s road projects. Speaking at the fourth quadrennial delegates conference of the Petroleum Tanker Drivers (PTD) branch of the National Union of Petroleum and Natural Gas Workers (NUPENG) ...

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Facts Only: 7 Most Expensive Homes In Nigeria Currently

aliko Dangote House - Most Expensive Homes In Nigeria

In this new article, I will be focusing on bringing you facts about the most expensive homes in Nigeria with picture proofs as well. We’re in a country where everyone is trying their best to outdo the person next to them, be it a friend, colleague or foe. Nowhere is this best showcased than in the real estate space, where ...

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Brief History of Mortgage In Nigeria and How it Works

Mortgage In Nigeria

In simple terms, a mortgage is a legal agreement that allows you to borrow money from a bank or building society, at a specified interest rate, in order to buy/build a house. The concept of mortgage in Nigeria is pretty straightforward. It is a loan in which a property (whether land or building) is used as collateral. The borrower enters ...

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Real estate experts urge government to establish vocational centers for artisans

experts

To check the dearth of skilled artisans, the government should establish vocational and technical schools . This was the thoughts of experts at the public exhibition of furniture and real estate accessories, organised by IO Furniture to mark the May Day in Lagos. At the event attended by government agencies , real estate developers and allied professionals, experts lamented the ...

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