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Bank mortgage lending is drying up in South Africa

The South African Reserve Bank (SARB) says that banks have adopted a relatively conservative approach to mortgage lending.

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Pension Fund Managers dump Nigerian Treasury Bills

Pension fund managers redeemed treasury bills worth N512 million Naira in the two months combined but did not invest any additional kobo into treasury bills within the same period.

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National Real Estate Today bag multiple endorsement deals

A TV programme ‘National Real Estate Today’ which will premier on 30th May, has landed endorsement deals with two multinational firms as well as three other home based mega firms.

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INSIGHT: Key Implications of the Finance Act 2019 on Foreign Investment in Nigeria

The President of the Federal Republic of Nigeria signed the Finance Act, 2019 (the Finance Act) into law on January 13, 2020. The Finance Act amends various sections of the Companies Income Tax Act (CITA) and Petroleum Profits Tax Act (PPTA) among other tax laws in Nigeria. The strategic objectives of these amendments include the […]

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Merit Abode sets to redefine Lagos Real Estate Landscape with Emerald Garden City Series

Merit Abode Nigeria limited, an established property development company is leading the move for the development of affordable residential properties and creation of safe haven for individuals and families across Lagos and Ogun State, and is inviting investors and aspiring homeowners to partake in the development of Emerald Garden City Series, set to be Nigeria’s […]

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Carlyle’s Africa Dealmakers to Start Own Firm

Four dealmakers responsible for Carlyle Group Inc’s Sub-Saharan Africa Fund – Genevieve Sangudi, Eric Kump, Idris Mohammed and Bruce Steen – are leaving the global investment firm to set up their own business called Alterra Capital.

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Fourth Mainland Bridge to begin before December

The bridge is also designed to be a two-level bridge – the upper level will function as a means for vehicular traffic, while the lower level will stimulate and accommodate pedestrian, social, commercial and cultural interactions.

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Lagos demands N400bn from Nigerian govt

The Lagos State Government has called on the Federal Government to assist it with about N400billion to complete efforts in saving the nation’s coastlines from erosion.

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Where to place your property bets

There’s plenty of rich pickings to be had among the JSE’s smaller property plays – provided you’re a patient punter with a higher risk appetite, writes Joan Muller

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Lagos State Government orders building owners to conduct structural stability tests

In response to the partial collapse of a 3-storey building at Alagomegi-Yaba on Monday, the Lagos State Government has ordered owners of buildings in the state to immediately carry out structural stability tests on their properties. This is expedient, given the onset of the rainy seasons, and the presence of statistics to show that many […]

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