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Tag Archives: Nigeria

The Act of Abandonment in Real Estate

Abandonment in real estate

Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...

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N-Power beneficiaries demand 300 hectares of land From government

landowners

“The beneficiaries of the N-Power programme in Kwara State have requested the Federal Government to provide a minimum of 300 hectares of land with good irrigation system.  They have requested 100 hectares in each of the three senatorial districts of Kwara State before the beginning of planting season in 2018, for members of the three pioneer clusters of the N-Power graduates ...

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EFCC proposes prison in Sambisa forest for corrupt people

EFCC proposes prison in Sambisa forest for corrupt people

“Ibrahim Magu, acting chairman of the Economic and Financial Crime Commission (EFCC), says a prison prison in Sambisa forest, a stronghold of the Boko Haram sect in Borno state for corrupt persons should be established .”- PM News Magu made this known while speaking at the commissioning of the agency’s zonal office in Kaduna on Thursday. He also appealed to ...

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APCON promises members easy access to Mortgage Refinancing scheme

APCON promises members easy access to Mortgage Refinancing scheme

“The newly inaugurated Chairman of the Radio, Television, Theatre and Arts Workers Union of Nigeria (RATTAWU), APCON chapter, Ahmed Yelwa, has promised members of staff of the Advertising Practitioners Council of Nigeria (APCON), of easy access to the Federal Civil Servants Mortgage Refinancing scheme.”- This Day Yelwa, who spoke during the chapter’s inauguration, emphasised that the struggle for better condition ...

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“No govt can tackle housing gap without robust primary mortgage institutions”- Ume-Ezeoke

"No govt can tackle housing gap without robust primary mortgage institutions"- Ume-Ezeoke

“MD/CEO of Homes and Homes Real Estate Solution Limited, Dr. Ikem Ume-Ezeoke, is one of the leading names in the real estate industry. In this interview with journalists in Lagos, Ume-Ezeoke who established his firm in 2004 believes that housing deficit will be reduced drastically if the federal government provides cheap land and long term mortgage through Primary Mortgage Institutions. ...

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Research shows Nigeria performing poorly in Africa investment

Research shows Nigeria performing poorly in Africa investment

“A new research released by Quantum Global Research Lab has shown that Nigeria requires extra effort to regain position as a leading investment destination in Africa. The research, which measured the Africa Investment Index (AII), to guide investors on the countries that are most attractive for investment in the short and medium term, rated Botswana, Morocco, Egypt, and South Africa ...

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Lekki Free Zone: Lagos urges investors to invest

Lagos urges investors to invest in the Lekki Free Zone

According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...

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Heeding the seasonal flooding alert

imminent flooding in Niger, Kwara and Kogi

“Given that the rainy season is bound to generate seasonal flooding in many parts of the country, it is necessary for government and the people to take proactive measures to prevent loss of lives and property, damage to crucial infrastructure, disruption of socio-economic activities and even displacement of people in flooded areas.”- The Guardian Against this background, the warning issued, ...

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World Bank, IDA commit $300m to housing development

housing problem in Nigeria

“Worried by huge figures of housing deficit facing the country, the World Bank and International Development Association, IDA, has set aside $300 million to fast-track provision of  accommodation for the teeming Nigerian population.” –Vanguard The fund, which is to be channelled towards pursuing aggressive development of housing sector in Nigeria, is being facilitated by the Nigeria Housing Finance Programme, NHFP. ...

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