Mortgages play a pivotal role in the real estate sector, allowing individuals and families to own homes without the need for substantial upfront payments. In Nigeria, as in many countries, mortgages are a common means of financing homeownership. This article aims to provide a comprehensive overview of how...
investment
Former President Olusegun Obasanjo on Thursday called for more investments in the manufacturing sector to tackle unemployment, poverty and boost the economy. Obasanjo made this call in Abeokuta while speaking at the unveiling of the Luxe Regal Brand of Royal Chairs produced by Olatunde Prestige Limited, located...
A number of reasons have contributed to a significant increase in urban property investment in Nigeria in recent years. Urban property investing is a desirable potential for both local and foreign investors due to a mix of a rapidly growing population, continual economic developments, and altering demographics....
President Bola Tinubu has assured prospective investors of his administration’s determination to adopt necessary fiscal and regulatory measures toward the ease of doing business in Nigeria. At the Nigeria-U.S. Executive Business Roundtable, the President said he recognised that investment capital is cowardly in nature. He said that was the...
The U.S. Deputy Treasury Secretary, Wally Adeyemo, says the U.S. government will be investing in small, medium, and large enterprises to boost Nigeria’s economy. Adeyemo disclosed this on Tuesday while speaking to the media during his visit to some tech founders at the Vibranium Tech City, Ikeja. According...
By PATRICK ABANG, Calabar – The Cross River State government has secured a $15 million private sector investment into the Agip Eku oil Palm estate with multiple effect on employment and growth of the state GDP Also the state government has developed a six years agricultural credit guarantee fund...
By DAVID IORJA, Abuja – President Bola Tinubu has secured three billion U S dollars investment pledge from Indian investors, to boost steel industry in the country. President Tinubu secured the investment pledge during the Nigeria-India economic roundtable in India. Mr Abdullahi Haruna, Special...
By DAVID IORJA, Abuja – Undeterred by jetlag from a long intercontinental journey, President Bola Tinubu, on Tuesday, arrived in New Delhi to the immediate embrace of Mr. Prakash Hinduja , the Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio...
As Nigeria’s population continues to grow, so does the demand for quality housing. One niche within the real estate market that presents a promising investment opportunity is student housing. With a thriving educational sector and a significant youth population, the advantages of investing in student housing in Nigeria are...
Investing in a beachfront property in Lagos can be an exciting opportunity, offering the allure of breathtaking views, recreational activities, and potential financial gains. However, it is crucial to approach such a purchase with careful consideration. Lagos, Nigeria’s vibrant coastal city, presents a range of options, and...
Investing in real estate, especially in a fast-paced market like Lagos, requires careful consideration and strategic planning. One option that has gained popularity in recent years is purchasing off-plan properties. These properties are purchased before construction is completed, offering potential buyers a chance to secure a property at a...
Despite the ongoing debate about the future of capitalism, there’s no denying that it has been the most effective engine of growth and prosperity known to man. Since the industrial revolution, the capitalist model has propelled societies into unprecedented levels of wealth and innovation. Yet, critics often underscore the...
The Dangote Industries Limited (DIL) and the Niger State Government are strengthening ties towards exploring fresh investment opportunities in the State. Mr Mansur Ahmed, Dangote Group’s Executive Director, Government and Strategic Relations, stated this during the Dangote Special Day at the 20th Niger State National Trade Fair in Minna. H...
By DAVID IORJA, Abuja – President Bola Tinubu Friday in Abuja assured the manufacturing and service sectors that more reforms will be unfolded to enable efficiency and attract investments, saying the ongoing economic ‘‘revolution’’ will be deliberately steered to capture and favour teeming youths in the country. “We have...
The UN Conference on Trade and Development (UNCTAD) on Wednesday warned that a green future would remain out of reach if the world doesn’t help developing countries close a two-trillion-dollar gap in investment toward an energy transition. According to a new UNCTAD report, developing countries actually face a staggering...
The Debt Management Office (DMO) has assured Nigerians that Federal Government of Nigeria (FGN) Securities are the most rewarding Naira denominated investment. The Director-General of the DMO, Patience Oniha gave the assurance on Thursday in Port-Harcourt, during the FGN Securities Issuance Awareness Programme in the Port-Hacourt. Oniha, who was...
Gov. Seyi Makinde of Oyo State says his administration will aggressively woo investors, to increase the state’s Internally Generated Revenue (IGR), and create more jobs for the teeming youth population. Makinde said this on Thursday during the State Workers Productivity Day/Merit Award celebration, held at the Theophilus Ogunlesi Hall,...
By DANJUMA JOSEPH, Lafia – Japanese Government is ready to invest the sum of 700 thousand dollars on agriculture processing and equipment centres in Nasarawa State. Program Manager of Nasarawa Agriculture Development Authority (NADP), Mr Emmanuel Allahnana, disclosed this on Thursday in an interview with journalists in his office...
The National Pension Commission (PenCom) said it would intensify efforts to ensure further diversification of investments in pension fund portfolio assets. The Director-General, PenCom, Mrs Aisha Dahir-Umar, stated this in the Commission’s 2022 fourth quarter report made available to the News Agency of Nigeria (NAN) on Thursday in Lagos....
By TENEBE ANTHONIA, Lagos – As part of activities commemorating Global Money Week, Nigerian Exchange Limited (NGX), in partnership with Social Media leading voices on finance and investment, organised a Twitter Spaces on money management and sustainable investing. The forum which was hosted via a Twitter Spaces session on...