Tag Archives: investments

Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders are optimistic about a positive growth this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed 6.79 per cent to real Gross Domestic Product, ...

Lagos   –    Mortgage Banking Association of Nigeria (MBAN) on Wednesday expressed readiness to surmount the bottlenecks associated with land title processes through the introduction of “Formula 131’’. The MBAN’s President, Mr Adeniyi Akinlusi, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that formula 131 stipulates that the cost of obtaining land ...

SABMiller, the largest breweries in the world which was acquired by Anheuser-Busch InBev (AB InBev) a Brazilian-Belgian Group headquartered in Leuven, Belgium, currently leads 19 other firms in fresh investments worth over $10 billion expected to be completed in Ogun state this year, BusinessDay has learnt. BusinessDay reports that the fresh 20 companies which cut across key sectors of economy, ...

The Group Staff Multipurpose Cooperative Society Limited has announced how Dangote plans to invest in real estate and microfinance bank and to make available credit facility for entrepreneurs who are its members. The President, DANCOOPS, Mr. Afolabi Kamoru, stated this at the group’s 10th Annual General Meeting in Lagos. Also, the Obajana unit of the group asked for financial autonomy ...

#HowISpendMyMoney: Money begets money. Investments are possible pools for mining recurring cash. Money and wealth are synonymous and not necessarily. However, our choices concerning money can create a bridge to wealth creation if diligently explored. This articles tends to ask a crucial question; How do you spend your money? Money doesn’t make you wealthy; money lays the foundation of wealth ...

London-based Scarborough United Group Plc, SUGPlc, has announced it plans to invest N77.89 billion ($500 million US) in Nigeria’s real estate, leisure and football (soccer) services in the next six to nine months. Sheffield United, owned by Scarborough, is a major sports brand in the United Kingdom. Nairaland Forum and All Africa, two Lagos-based online publications, separately reported Scarborough United, ...