The Lagos State Government on Thursday said the state received over $43 billion worth of investment proposals in the last three years. Prof. Ademola Abass, the Special Adviser, Office of Overseas Affairs and Investment, disclosed this at Alausa, during the agency’s Ministerial briefing to mark the third year in office of Gov. Akinwunmi Ambode. Abass listed areas investors had shown ...

As part of measures to bridge the rising accommodation and shelter gaps in the country, Chinese investors have expressed readiness to invest in mass housing schemes for low and middle-income earners across the country. The Manager, One Belt One Road Financing Operation in China, Mr. Jin Changsheng, made the promise at the Affordable Housing Summit, Abuja. He said that Chinese ...

Senator Peter Nwaoboshi was docked before the court alongside two construction companies: Golden Touch Construction Project Ltd and Suiming Electrical Ltd by the Economic and Financial Crimes Commission (EFCC) on a two-count charge of money laundering and fraud. Justice Mohammed Idris of the Federal High Court in Lagos yesterday remanded the senator in Ikoyi prisons over an alleged N805 million ...

A fire on Thursday burnt the residence of the Yobe State Commissioner of Finance, Mohammed Samaila Nguru, where he and his family live. According to an eye witness’ account, the family escaped unhurt while their documents, clothes and food were gutted by the fire. Despair has taken over the residence located at Housing Estate  Gujba Road, Damaturu, Yobe State capital. ...

Your choice of investment can make or mar your future. You see a young man in his early thirties without any profitable investment living lavishly with reckless abandon. The sad part is that when you ask such a man what he wishes to have at the moment if given freely, there is a 50% chance he would go for a ...

As a Nigerian youth in your 20s or early 30s, you probably just want to live for the moment and enjoy life. Thoughts on how to make money and ‘blow’ keep flooding your mind daily. It is however quite surprising that when you think about this “get-rich quick” avenues, `you give little thought to real estate. Thoughts like owning your ...

Traders at Bridgehead Market, Onitsha, Anambra State are excited following the construction of the link road by the leadership of the market. The one-kilometer road which runs from Drug market through the Power Tools and Allied market to Tinker and Timber markets has been in deplorable condition for decades, which has brought hardship and low patronage to the traders at ...

Babatunde Fashola, the minister of power, works and Housing, has said that the federal government has not done enough on infrastructure maintenance throughout Nigeria. Fashola stated this while receiving an award of recognition from the Association of Indigenous Construction Contractors of Nigeria (AICCON) as a result of the regular payment of the federal government’s contractors in the last one and ...

The Oke-Oko, Oke-Tapa and Isawo communities in Ikorodu, Lagos State, have earmarked 10 acres of land for the construction of military barracks in the area. The traditional ruler of the communities, Chief Muse Ibrahim, said that the gesture was in appreciation of the military’s efforts in ending militancy and pipeline vandalism in the areas. Ibrahim told the News Agency of ...

Gov. Abdullahi Ganduje of Kano state has given landowners of the proposed mega gas pipeline by the Nigerian National Petroleum Corporation (NNPC) acquisition notice, preparatory to the commencement of the Project. This is contained in a statement signed by the Chief Press Secretary to the governor, Malam Abba Anwar and made available to newsmen in Kano on Wednesday. The statement ...