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417,000bpd oil cut’ll deepen Nigeria’s recession, says Fitch

A global credit ratings agency, Fitch Ratings, has said Nigeria’s compliance with the oil production cut deal led by the Organisation of Petroleum Exporting Countries will lead to deeper economic contraction and fiscal deficits.

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Property industry in South Africa calls for relief on rates and tariffs

The property sector is pleading with municipalities to lower rates and service charges as they battle through the Covid-19 pandemic.

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Chidi Etoniru: Bridging Nigeria’s housing deficit through affordable and smart real estate products

With more than a decade of professional experience in facility management, estate survey and real estate construction Chidi Etoniru, the CEO of Joe Etoniru and Associates, a lifestyle real estate firm that provides holistic real estate services is one of the industry players that is working toward bridging Nigeria’s housing deficit.

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Oil prices rise as Opec+ supply cuts gain traction

Oil prices rose slightly on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic.

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Naira depreciates at I&E window, forex turnover up by over 117%

The naira has depreciated to N386.33 at the Investors and Exporters (I&E) window as investors and importers scrambled for forex supplies. The local currency weakened by N0.33 against the dollar when compared to the N386 to a dollar it traded last week Friday.

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Winners and losers of COVID-19 pandemic

THE COVID-19 pandemic has shown a lot of positive and negative impact on different sectors of the economy, throwing up potential winners and losers in the period of the pandemic. Different sectors have been on standstill since the outbreak of the pandemic for example schools have been shut down for more than eight weeks.

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Nigeria Seeks EPC Contractors to Set Up 10 MW of Solar Projects

The Nigeria Sovereign Investment Authority (NSIA) has sought expressions of interest (EoI) from engineering, procurement, and construction (EPC) firms to set up a 10 MW grid-connected solar photovoltaic (PV) power project in Kumbotso, located in Kano state.

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Possible Reasons Nigerians are Swift to Return to Office Routine After Several Weeks of Experiencing Remote Work

Organisations and workers across Nigeria have had to embrace working from home for the best part of the last 7 weeks in a bid to keep being productive during the COVID-19 lockdown. One might be forgiven to think remote work was finally here to stay, even post-COVID. However, when the lockdown was relaxed in Lagos […]

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We will all miss the office if it dies

On my last day at the Financial Times in July 2017, the doorman who had greeted me every morning for the previous two decades enfolded me in a substantial embrace.

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FMBN and NHF loans in time of coronavirus

Because it is part of the Nigerian economy in particular and the global community in general, the Federal Mortgage Bank of Nigeria (FMBN) is not insulated from the unfriendly impact of coronavirus (Covid-19) pandemic which has been described as a global health emergency.

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