Global home appliances manufacturer, Hisense Electronic Company has obtained 95 per cent shares of Toshiba Visual Corporation (TVS). The acquisition agreement, which was signed recently with erstwhile owners, Toshiba corporation of Japan includes Toshiba TV productions, brands and operations services worldwide. Costing about $115 million (USD), the agreement states that Hisense will henceforth control the…
The Oceanna: redefining Nigeria’s skyline
Each country’s skyline is defined by her most iconic structures, be they natural or constructed. This is part of what determines the volume and quality of tourists that the country is able to attract, constantly. Tourists are known to visit some countries just to behold certain iconic projects or monuments. The Flames of Azerbaijan and…
Surveyor denies fraud allegation over land deal
A land deal involving a Lagos-based estate surveyor and a business man over 150 plots of land situated at Ifedele Agunbiade Village Sangotedo, Eti-Osa Local Government has resulted to alleged threat to his life.
Cross River State communities demand compensation over superhighway project
Some communities in Cross River have decried the commencement of work by the state government on the 275 km superhighway project without meeting the 23 stipulated conditions prescribed by the Federal Government.
FMBN to aid re-construction of insurgency-ravaged houses
The Federal Mortgage Bank of Nigeria (FMBN) has pledged support to the Borno State government in reconstructing and rehabilitating houses ravaged by the Boko Haram attacks.
Expert seeks creation of construction school in Taraba
To build up expertise for the construction sector, the Commercial officer, APEX Commodities Exchange Abuja, Zanau Maikasuwa, has advocated for the establishment of a building and construction training school in Taraba state.
UN-Habitat, partners launch urban pathway project
UN-HABITAT, together with its partners, the Wuppertal Institute of Climate, Energy and Environment and UN Environment launched the “ Urban Pathways-Supporting Low Carbon Plans for basic services in Germany.
Government awaits Tin Can Island-Apapa road design
Expectations were high at the weekend for the planned rehabilitation works on the Tincan-Apapa Port Road expected to start on November, as the Dangote group will submit the design tomorrow.
Ogun pays N4b compensation on roads projects
The Ogun state Commissioner for Works and Infrastructure, Olamilekan Adegbite has announced that the government spent over N4 billion as compensation to owners of the structures on right of way.