“The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has identified various bottlenecks hindering genuine investors and by extension free flow of funds into the mortgage sector.”- This Day The central bank governor while delivering a keynote address at a workshop for judicial officers on mortgage, with the theme: ‘Mortgage Disputes in Nigeria: The Need for Expeditious Resolution of ...
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Teenager jailed 39 months for stealing church’s property
“An Iyaganku Magistrates’ Court, Ibadan, on Wednesday, sentenced a teenager, Muyideen Nasiru, to 39 months imprisonment for stealing church’s property– aluminum frames and other items worth N500,000 from a church.” – The Nation The magistrate, Mrs. O.K. Omotosho, sentenced Nasiru after he pleaded guilty to a three-count charge of conspiracy, break-in and stealing. Omotosho said the convict should spend his ...
Read More »#HowISpendMyMoney: Money and Wealth are synonymous but not the same
#HowISpendMyMoney: Money begets money. Investments are possible pools for mining recurring cash. Money and wealth are synonymous and not necessarily. However, our choices concerning money can create a bridge to wealth creation if diligently explored. This articles tends to ask a crucial question; How do you spend your money? Money doesn’t make you wealthy; money lays the foundation of wealth ...
Read More »Real Estate developers to hold data collation confab
“A conference of stakeholders on national real estate data collation and management programme, organised by Real Estate Developers Association of Nigeria (REDAN) to reverse the dearth of data in the housing sector is bid to hold Thursday, September 28, 2017 in Abuja. A statement by REDAN’s National General Secretary, Mr. Goke Odunlami indicated that the focus of the conference is ...
Read More »NHF Scheme: FMBN Seeks Partnership with FIRS
“To get non-contributing Corporate Organisations to key into the National Housing Fund Scheme, the Federal Mortgage Bank of Nigeria (FMBN) has sought for partnership with the Federal Inland Revenue Service (FIRS) by accessing its database to obtain list of corporate organisations in the country and enhance NHF Scheme.”- This Day The Managing Director, FMBN, Ahmed Dangiwa, during a courtesy call on ...
Read More »Bad Market – Episode 15
It was a sweet relief when Dr. Sokari informed me that dad would be discharged soon. He had spent almost a month at the military hospital in Ikoyi but it felt like a year. My family was literally falling apart as a result of his long-absence and there was virtually little I could do to salvage the situation. :::::::::::::::::::::::Read Previous ...
Read More »Transmission Company of Nigeria records 15 system collapses in 2017
This Day reports that the Transmission Company of Nigeria (TCN) has so far recorded 15 system collapses in 2017, indicating strong evidence of the weakness of the transmission infrastructure to wheel power from the generation companies to the distribution companies, THISDAY has learnt. According to the second quarter 2017 performance scorecard by the Nigerian Electricity Regulatory Commission (NERC), which was ...
Read More »Odu’a Investments inaugurates N500m residential estate in Ibadan
The Nation reports that the management of Odu’a Investments Limited yesterday inaugurated a N500 million residential estate in Ibadan, Oyo State capital. This is the regional group’s first project for boosting real estate portfolios beyond the N7 billion mark. The project, called Ace Estate, sits on a 4,400-square metre land at highbrow Jericho Government Reserved Area (GRA). It consists of ...
Read More »Edo Private Property Protection Taskforce apprehends land grabber
“The Private Property Protection Taskforce set up by the Governor Obaseki-led administration has apprehended and handed over Mr Osarobo Idahosa to security agency for violating the law prohibiting forceful entry and illegal occupation of landed property in the state.”- The Nation The Vice Chairman of the Private Property Protection Taskforce, Chief Osaro Idah, disclosed this while briefing journalists on the activities of ...
Read More »Adekunle Alonge, estate surveyor becomes IoD chairman
“The Institute of Directors (IoD) has elected Victor Adekunle Alonge as Chairman of its Abuja Federal Capital Territory branch and member of the Institute’s Governing Council.”- The Guardian Alonge was elected at the Annual General Meeting (AGM) of its Abuja Branch recently. A practising estate surveyor and valuer, the new IoD Chairman is the Senior Partner/CEO of Nelson Thorpe Alonge, ...
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