Recent statistics have shown that the Nigerian real estate sector has been suffering setbacks. Out of the ₦15 trillion worth of credit facilities (bank loans) that were given to the private sector in Q4 2018, real estate only got ₦622 billion. This represents just 4% of the total loans/credit. A quick analysis of the 2018 selected banking sector indicators’ report, ...
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Lagos promises to complete Eko Atlantic City in 2019
Lagos State Government on Thursday said the phase six of the Eko Atlantic City, in Victoria Island will be completed in October 2019. Commissioner for Waterfront Infrastructure Development, Dr. Babatunde Adejare disclosed this at a ministerial press conference in Alausa, Lagos, Southwest Nigeria. Adejare stated that the flagship project designed to stand on 10 million square metres of land reclaimed ...
Read More »“Give Buhari time, he will perform in two years”- Dr Frederick Fasehun
The founder and president of O’odua People’s Congress (OPC), a Yoruba Socio-Cultural group, Dr Frederick Fasehun on Tuesday said that President Muhammadu Buhari still has about two years to perform to canvass for re-election by Nigerians in 2019. He disclosed this at a news conference in Lagos on the state of the nation. Fasehun, who noted that the present administration ...
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