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The BROUHAHA of OGA MARTINS – Episode 14

Deji was laughing at the so called plan Martins had while Martins stood, arms akimbo, a quizzical frown on his face. “What’s funny about what I said?” Deji tried to respond but only laughed out harder, annoying Martins who hissed and turned his gaze away from him in exasperation to the different happenings on the street. It was a busy ...

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Real Estate Realities in Nigeria

Demand in the real estate market weakened in the first quarter of the year, however, property prices remain stable. Munachi Okoye, founder and CEO of MCO Real Estate joins CNBC Africa for focus on Nigeria’s real estate sector. Watch video below:

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China State Rail Company Signs Deal Worth $5.5bn With Nigeria & Zimbabwe

According to the Financial Times, state-owned China Railway Construction Corp. (CRCC) has signed two contracts worth nearly $5.5 billion with Nigeria and Zimbabwe. The Nigerian project further cements the company’s leading role in the Nigerian construction industry, and is also a milestone in the “going global” of Chinese railway, said Meng Fengchao, board chairman of CRCC. Citing stock exchange filings ...

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Housing crisis in the UK ‘in breach of human rights

A consortium of leading housing charities has warned that the UK is in breach of its own United Nations human rights commitment to provide people with adequate homes because the housing crisis is so serious. They cite soaring housing rental costs, unhealthy conditions in homes, and rising levels of homelessness and warn of “profound issues of lack of supply, increasing ...

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Knight Frank Nigeria clocks 50

Headquartered in Lagos, Knight Frank Nigeria – trading as Knight Frank Nigeria Partnership – has grown to be one of the largest firm of estate surveyors and valuers in Nigeria and across Sub-Saharan Africa. Founded in Nigeria in 1965, the partners attributed the firm’s growth down to their high-standards of professionalism, commercial acumen and integrity. Knight Frank Nigeria is part ...

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Blackstone CEO calls Real Estate “good risk”

Blackstone Group LP’s chief executive officer, Steve Schwarzman, said buying real estate, financing energy companies and buying floating-rate fixed income instruments are all “a good place to be.” “In terms of taking risk today, there are a variety of different places,” Schwarzman said in a Bloomberg Television interview Monday at the Milken Institute Global Conference in Beverly Hills, California. Blackstone, ...

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Real Estate about to get hit in the energy cities

A new report has found that Prime office real estate in some of the world’s leading cities is about to take a hit from the falling price of oil. The report, released this month by property specialists DTZ, has identified 18 key “energy cities” around the world where unemployment will rise and office rental prices will fall as energy companies ...

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UN-Habitat suggests seven point agenda to transform Nigerian cities

The United Nations Human settlements programme (UN-Habitat) has proposed a seven point housing agenda, and if adopted by the in-coming Buhari administration, this could transform Nigerian cities into functional, productive, equitable, resilient and safe place to live in. The proposed agenda is consistent with research findings and policy advocacy that the agency have pursued over several years, harped on the ...

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