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Dangote Slashes Cement Price

Dangote Cement wins 2015 African Business of the Year

Africa’s largest producer of the building material, Dangote Cement, has cut prices of cement in its home market, Nigeria. CEO of Dangote Cement, Onne van der Weijde, said in Lagos that the price cuts to its 3X cement brand by N6,000 ($30.23) per metric tonne, translating to N300 reduction per 50kg bag, and allows Dangote to still achieve strong returns. ...

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NMRC Increases Share Capital to N8.5bn

The Primary Mortgage Banks that are shareholders of the Nigeria Mortgage Refinance Company (NMRC) have approved an increase of its share capital from N1 million to N18 billion. Also, the chairman of the company and its chief Executive Officer, appraised the company’s performance at its 1st Annual General Meeting, which held in Lagos, recently, reports Bennett Oghifo Business at the ...

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Broll Property scoops eight awards in Euromoney real estate survey

One of Africa’s leading property services firms‚ Broll Property Group, scooped eight awards in the Euromoney Real Estate Awards 2015‚ and was named the number one advisor and consultant in Ghana‚ Nigeria and SA. The Euromoney Real Estate Survey Awards recognise excellence in the real estate sector and the awards are based on responses to detailed questionnaires by a broad ...

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Churches commit to housing hundreds of extra refugees

Refugees housing

REFUGEES HOUSING IN NEW ZEALAND – Canterbury parishes have joined churches across New Zealand offering support for hundreds of additional Syrian refugees. Leaders of Anglican, Baptist and Catholic churches called on the Government to increase its quota and committed to helping provide housing, resettlement and language assistance for more than 1200 additional refugees. The churches’ call comes as the crisis ...

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PROPERTY TAX; How much do you know?

Property tax

Taxes are known to be levies paid by citizens of a community for the services provided such as town halls, markets, roads, electricity e.t.c. The existence of taxes dates way back to the ancient communities where people pay either tribute or sweat tax to the local chiefs. Since the discovery of crude oil in the early 1960’s in Nigeria, the ...

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Lagos state to issue Certificate of Occupancy within 90 days

ambode and law against street begging & hawking

The Lagos State Government has said that new applicants for Certificate of Occupancy on properties would be issued the document within 90 days of payment. In a statement on Tuesday, the state government said that‎ the speed is to ensure that the process of applying and getting the copy of the C of O is not only less cumbersome but ...

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FMBN commends Ugwuanyi on low-cost housing scheme

Housing needs - Ugwuanyi set to bridge Enugu infrastructural deficit with N14.2bn credit facility

The Federal Mortgage Bank of Nigeria (FMBN), at the weekend, commended Enugu State Governor, Mr. Ifeanyi Ugwuanyi, for subsidising the houses funded by the bank, appealing to other state governors to emulate the gesture, in order to make houses affordable to civil servants across the federation. Its Managing Director, Mr Gimba Yau Kumo, said that the allocation of the 100 ...

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Davido visits his father’s university, inspects on-going construction

Adeleke university

The Nigerian singer, Davido, his elder brother Adewale Adeleke and members of his entourage which includes HKN producer Shiizii and manager Kamal Ajiboye, over the weekend were in his hometown of Osun State to attend the maiden convocation of the Adeleke University, which is owned by his family. Following that, the HKN crew inspected on-going construction at the Adeleke University’s ...

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PDP commends Rivers housing project

Rivers housing project commended

The People’s Democratic Party (PDP) has lauded Rivers State Governor, Nyesom Wike, for providing affordable housing for people in the state. Rivers PDP Chairman, Felix Obuah, said residents had thus received a new lease of life. This follows the commissioning of 50 lower-high income houses at Iriebe in Obio/Akpor Local Government Area of the state recently. The project is part ...

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