Afriland Properties Plc has advised the Federal Government to shift focus to the housing sector and ensure that people borrow for mortgage properties at a reduced rate over a long period of time to bridge nation’s huge housing deficit. This was disclosed by the Chairman of the company, Emmanuel Nnorom, while fielding questions from Journal ... Read more

The Federal Government has urged oil and gas operators to seek ways of raising capital to expand their investment and tackle myriads of problems facing the sector, especially leveraging the nation’s capital market. Minister of States for Petroleum Resources, Heineken Lokpobiri, while speaking at the Seplat Energy anniversary to commemorate ... Read more

An estimated number of 12,948 startups have so far been registered through the Nigeria Startup Act. The National Information Technology Development Agency (NITDA), which disclosed this, stated that they were registered for labeling. The registration, done through the startup portal, is seen as the first step in implementing the Nigeria Startup A ... Read more

In order to sanitise the general aviation segment of local aviation, the Civil Aviation Authority (CAA) Nigeria, yesterday, have issued a three-day ultimatum for all private operators and holders of non-commercial flight permits to submit for a re-evaluation. The directive memo, signed by the Acting Director-General of the CAA, Capt. Chris Najom ... Read more

Nigeria’s economy is projected to increase to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. According to its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund (IMF) report indicated that Nigeria’s economy is expected to better its 2023 ... Read more

The Securities and Exchange Commission of Nigeria has disclosed the virtual Capital Market Committee meeting for the first quarter of 2024. The meeting, which is scheduled for Thursday, April 18, will tackle pressing challenges and brainstorming strategic ideas to advance the Nigerian capital market. This was disclosed by SEC to Journalists o ... Read more