Naira fall makes investment in property less attractive – Knight Frank marketing head
What strategies can be employed to address infrastructure gaps in key real estate markets?
Various strategies will work for different jurisdictions. For our case here in Nigeria, aside from sufficient budgetary allocations and commitment to implementation...
FCMB grows profit by 207% to N95bn
FCMB Group has reported a 206.86 per cent increase in its profit for the financial year ended December 2023 to N95.52bn.
This was revealed in the unaudited annual report and financial statements filed with the Nigerian...
Govt should reduce import duties on building materials – CEO, Kajo-Summit Construction
Managing Director/Chief Executive Officer of Kingdom & Emirate International Limited and Kajo-Summit Construction Limited, Kamorudeen Danjuma, speaks with FELIX OLOYEDE, on the challenges confronting the real estate sector in the country and strategies for...
Subsidy removal will create space for development spending — IMF
The International Monetary Fund has said that even though Nigeria and other low-income debtors have yet to request any debt relief recently, high debt servicing costs remain a growing challenge.
In a new report, the multilateral...
Seven trends that will shape Nigeria’s economy in 2024 – PwC’s Economic Outlook
Leading professional services firm, PwC Nigeria, has released its latest Nigeria Economic Outlook, highlighting the seven key trends that will shape the nation's economic trajectory in 2024.
PwC’s report projects a marginal decline in inflation...
NOVAmbl Asset Management Dollar Fixed Income Fund named best performer of 2023.
NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities &...
Maize, paddy rice prices to rise in 2024 – AFEX
AFEX has projected that the prices of maize and paddy rice will rise by 25 per cent and 40 per cent, respectively, in Nigeria this year.
The forecast was contained in the report which was...
Forex scandal: EFCC probes $347bn funds, summons foreign firms
•Industrial companies, banks get lion’s share under Emefiele, social services receive least forex allocation
•Anti-corruption agency deepens forex scandal probe, detectives may grill five foreign companies next week
The Economic and Financial Crimes Commission is investigating...
FIRS targets N19.4trn revenue
The Federal Inland Revenue Service surpassed its 2023 revenue target by N816bn, a 107 per cent performance over the set goal and has set a target to collect N19.4 turn in tax this year.
The...
W’Bank projects 3.7% growth for Nigerian economy 2025
The World Bank has predicted that Nigerian Gross Domestic Product will grow by 3.7 per cent in 2025.
The World Bank in its latest report titled “Global Economic Prospect: Subdued Growth, Multiple Challenges”, projected that...
