Where are the mortgage products for informal sector?

In Nigeria, good ideas abound. The country is never in lack of good ideas. What is lacking, however, is the will power to implement ideas. There are so many ideas that have been initiated and launched by the government and its agencies that have never outlived the day of their launching. A few years... [More]

NDIC seeks to bar bank directors from accessing loans

The recommendation by the Nigeria Deposit Insurance Corporation (NDIC) that directors of licensed deposit money banks and other financial institutions be barred from accessing loans from institutions they sit on as directors has been welcomed by analysts and stakeholders in the industry. The NDIC is... [More]

Eko Atlantic City, Fine & Country partner to showcase Nigeria in London

South Energyx Nigeria Limited, the developer and planner of Eko Atlantic City, Nigeria’s premium smart city situated adjacent to Victoria Island, has partnered Fine & Country West Africa to showcase Nigeria as a viable real estate investment destination leveraging Refined Investors Series 2017 s... [More]

Coronation Merchant Bank mutual funds elicit increased interest

Against the backdrop of increased interest and investments in Mutual Funds in the country, Nigeria’s Securities & Exchange Commission (SEC) announced that total Asset Under Management (AUM) of mutual funds in Nigeria topped N300 billion for the first time ever. This has been attributed to variou... [More]

Diamond Bank sustains support for skills development of NYSC members

Diamond Bank has continued to showcase its passion for youth development, youth empowerment and support for young entrepreneurs through the National Youth Service Corps Skill Acquisition and Entrepreneurship Development (NYSC SAED) initiative as it rewarded a set of Youth Corp members for the third ... [More]

What retail customers want from banks

Retail banking data compiled by Ciuci Consulting show the 18 – 24 age group of bank customers indicate that the products and services they desire most are savings accounts, depositing machines and money transfer services. Among all the banks under the purview of the firm, Wema Bank plc is succeeding... [More]

Importance of effective drainage systems (2)

In the last few weeks, as it is during the rainy season, Lagos was completely flooded, causing untold damage and inconvenience to millions of its residents. There was the usual lamentation from citizens about lack of government care and neglect that makes them suffer during this period. Government r... [More]

Building collapse: Poor workmanship, inadequate consultation blamed

Poor workmanship by contractors, inadequate professional consultation during design and construction stages, sub-standard building materials, illegal conversion, alteration or additions to existing structures, as well as poor facility management practice have been blamed for the high incidence of bu... [More]

New shopping experience enters retail market as Hubmart Stores opens for business

For the residents of Ikeja GRA and environs, a new shopping and retail experience has crept into their neighbourhood as Hubmart Stores, at the weekend, opened for business to make a difference. Sitting on about 1,400 square metres of land and standing on two floors with over 800 square metres lettab... [More]

How to achieve 50% reduction in affordable housing delivery cost

Arguably, houses are not affordable to many Nigerians and the reasons are very clear. Cost of housing finance, largely imported building materials, land use and tenure system, lack of basic infrastructure, among others, make housing delivery cost too high for many who want to buy or build. But there... [More]

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