The Kwara Government says it has secured a $56million investment from China for the establishment of a textile industrial park in the state. The Senior Special Assistant, Media and Communication to the Governor,  Muideen Akorede, said this on Sunday in a statement made available to the News Agency of Nigeria in Ilorin. The statement said Governor Abdulfatah Ahmed concluded the ...

The News Agency of Nigeria (NAN) reports that two construction giants, Julius Berger Nigeria Plc and Reynolds Construction Company (RCC), have returned to site to resume work on the Lagos-Ibadan Expressway. Reconstruction and rehabilitation works on the highway were suspended due to some issues with the Federal Government which include funding. A NAN correspondent, who took a trip on the ...

Toronto homebuyers should not expect the frantic pace and blistering prices of the housing market to continue, warns the head of the Bank of Canada. “Prospective homebuyers and their lenders should not extrapolate recent real estate performance into the future when contemplating a transaction,” Stephen Poloz said Thursday with the release of the bank’s semi-annual financial system review. It was ...

When Nigerian businessman Garba Buzu noticed a significant increase in the number of children begging and foraging for food on the streets of Maiduguri, capital of Borno state in northeast Nigeria, he knew he had to act. Maiduguri has been inundated in the past three years by people fleeing their homes and Boko Haram militants, sending the city’s population surging ...

Contractors who executed federal government’s road projects over the past three years were not paid for their job, Babatunde Fashola, the Minister of Power, Works, and Housing, has said. Speaking at the inaugural “Buharimeter” town hall meeting in Abuja, Thursday, Mr. Fashola said the contractors had, nonetheless, continued to work with the present administration based on their credibility. “As far ...

The heavy downpour of yesterday morning resulted in the flooding of major roads in the Lekki and Victoria Island axis of Lagos. A tree at Ajose Adeogun in Victoria Island was uprooted by the wind. Some motorist bailed out water from their cars. Traffic was high as a result of the flood in most of the roads.

Have you ever looked at a building so tall that you are left wondering if it was built by men? The world’s tallest buildings may not be found anywhere around you but they are definitely reachable. This article showcases the top 5 tallest buildings in the world. Do you know that among the tallest buildings in the world is actually ...

Eko Atlantic City has been described as the most ambitious project in Africa and Africa’s answer to Dubai. This article proves why the ongoing Eko Atlantic City project will displace Victoria Island as the new financial capital of West Africa.   Every part of Lagos has its unique character, manner of people, peculiarities, distinctive architecture and most importantly the real ...

A Man on Tuesday lost his property when fire razed his self-contained apartment in a two-storey building on Ayinke Street, Bariga, Lagos. The man, who gave his name simply as Charles, said the fire was caused by a surge when electricity was restored. He said he was at work when he learnt of the incident. The fire, he said, spread ...

Nicholas Schorsch, whose multibillion-dollar real-estate empire was rocked by an accounting scandal two years ago, has come under fire from an independent director who resigned from one of the companies Mr. Schorsch manages because he believed it suffered from a conflict of interest and was failing to act in the best interest of investors. Robert Froehlich, whose background includes about ...