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8 Mar 2015
RESIDENTIAL property prices in Dubai fell by almost 4per cent in the first six weeks of this year with both apartments and villas seeing declines, the latest research shows.    Prices for apartments fell by 3.7per cenmt and villas by 3per cent respectively, the latest report from Phidar Advisory shows. Sales increased by 1.7per cent…
8 Mar 2015
THE future of work, according to Google, will take place in woodland glades and wildflower meadows, next to trickling streams and verdant allotments, among bike paths and yoga classes and gushing fountains, with fresh produce on tap. It will be a pastoral utopia-with-WiFi, all safely swept beneath a series of gigantic glass tents.  Silicon Valley’s mother…
8 Mar 2015
FAULTING some of the claims and a certificate of occupancy said to have been issued to a dead man, the Supreme Court of Nigeria has dismissed an appeal seeking to claim ownership of a parcel of landed property in Borno State.   The landed property is situated at Bolori in Maiduguri Metropolitan area of Borno…
8 Mar 2015
CONTRACTORS have drawn curtains on a section of the Lagos –Mombassa trans-African highway whose construction and rehabilitation was flagged off in 2012 at the cost of N32 billion has been commissioned last week.   The 240km road project linking Enugu, Abakaliki, Ogoja, Ikom and Cameroun, was an outcome of the International Court of Justice judgment…
Desert-09-03-2015
8 Mar 2015
THE high-level segment of the 15th Session of the African Ministerial Conference on the Environment (AMCEN) ended in Cairo, at the weekend, with delegations from 54 African nations in attendance as well as over 300 participants from around the continent representing policy makers, experts, civil society, businesses and major groups. The meeting also had partner…
Erosion-09-03-2015
8 Mar 2015
MEMBERS of the House Committee on Environment have urged the Federal Ministry of Environment to take the core responsibility of coordinating the Nigeria Erosion Watershed Management Project (NEWMAP), maintaining that environment remains the line ministry in the implementation of the project.    They argued that stakeholders have made tremendous counterpart contributions towards the success of the…
8 Mar 2015
THE ongoing loss of biodiversity in Africa is driven by a combination of human-induced factors, including a rising demand for and consumption of natural resources and pollution created by urbanization and industrialization.    Some 6,419 animals and 3,148 plants in Africa were listed as facing extinction in 2014, a clear sign of the continuing decline…
Kumo-23-2
1 Mar 2015
A NEW era is dawning on the mortgage industry, following a renewed interest by Federal authorities in expanding the ownership of Federal Mortgage Bank of Nigeria (FMBN) that allows private sector intervention and fresh injection of funds into the housing financial system.   The move promoted by Bureau for Public Enterprises (BPE) is in line…
1 Mar 2015
IN a novel move to increase the housing stock and ease accommodation challenges in Abuja, the Federal Capital Territory Administration (FCTA), has selected private investors to develop 15 additional districts.   Under the agreement, the new investors will be provided with a total land area of 3,886 in about 15 districts of the FCT, and a…
EDC-Building
1 Mar 2015
AS part of its commitment to save the environment and the planet earth, an Enterprise Development Centre (EDC) of the Pan Atlantic University (PAU), Ajah, Lagos, last week unveiled a three-storey green building, located within the institution’s campus.   The building, described as example of environmental sustainable building in Nigeria and West Africa consists of…
1 Mar 2015
TOWARDS providing affordable housing for the low income earners, Lagos-based firm, Messrs Le Venue Property Development Company (LVPD) Limited, a member of the Le’ Venue group, has concluded plans to construct 1, 000 housing units across the South-West region of the country.    To make the goal a reality, the firm has commenced the process…
1 Mar 2015
OGUN State government has promised to construct Atan -Agbara Road in Ado –Odo / Ota Local Government Area in order to reduce hardship faced by motorists and residents of the area.   The Special Adviser / Managing Director, OPIC, Mr. Babajide Odusolu who made this known at the commissioning of ALARCO Hotels & Suites, OPIC Agbara…

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24 mins ago
A Los Angeles sculptor on Wednesday marked the second anniversary of Kobe and Gianna Bryant's death with a statue on the site of the helicopter crash in Calabasas, California. Dan Medina built the 160-pound statue of the NBA star and his 13-year-old daughter and erected it over the site of the crash that killed them…
3 hours ago
Amid calls for improved budgetary allocation to education by both Federal and state governments, successive administration at all levels in the country have failed to heed the call.
4 hours ago
The controversies surrounding continued payment of fuel subsidy may not have ended as the Nigerian National Petroleum Corporation (NNPC) Limited, yesterday, presented a bill of N3 trillion for deliberations at the Federal Executive Council (FEC) meeting...
4 hours ago
A Federal High Court, Abuja has declared as unconstitutional the Federal Government’s deduction of funds directly from the Federation Account to fund the Nigeria Police Force (NPF) in line with Section 4(1)(a) and (b) of the Nigeria Police Trust Fund (Establishment) Act 2019.
4 hours ago
The Chairman, China Africa Business Council (CABC), Chief Dana Chen, has announced that the Chinese government is planning to invest over $300 billion in the African continent over the next three years.