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 ...
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Yobe: Fire destroys Finance commissioner’s house
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. ...
Read More »Investment: Would you rather choose a N25m house over a N35m car?
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 ...
Read More »7 Wonderful Nuggets: How to Make Money From Real Estate as a Nigerian Youth
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 ...
Read More »Onitsha traders laud governor over construction of bridgehead market road
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 ...
Read More »FG has done very little on infrastructure maintenance – Fashola
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 ...
Read More »Ikorodu community earmarks 10 acres of land for construction of barracks
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 ...
Read More »Kano Governor issues acquisition notice to landowners of proposed mega gas pipeline
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 ...
Read More »FMBN refunds N9bn housing fund to retirees
The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Dangiwa says more than N9 billion National Housing Fund (NHF), has so far been refunded to over 200, 000 retirees nationwide. The managing director said that every NHF contributed by civil servants was refundable with interest once they attained 60 years. Dangiwa made this known at the Affordable Housing ...
Read More »IGP discloses commencement of post-retirement housing units for office
The Inspector-General of Police (IGP), Mr. Ibrahim Idris, said the Force had commenced the construction of post-retirement housing units for its personnel across the country. Idris made the disclosure at the inauguration of the Nigeria Police Force housing estate in Mbora district of Abuja on Tuesday. The post-retirement project was carried out in conjunction with CORPAN International Ltd. “When these ...
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