By Ifeanyi Onuba, Abuja At a conservative average cost of N3.5m per unit, the Federal Government currently needs a whopping N60tn to tackle the country’s 17 million housing units’ deficit. The Minister of Lands, Housing and Urban Development, Ms. Ama Pepple, gave the figure in Abuja at a stakeholders’ roundtable […]

By Omobolaji Solagbade with agency report Standard Bank Group Limited has said it may consider buying a retail bank in Nigeria to boost growth on the continent. The Deputy Chief Executive Officer of the bank, Mr. Sim Tshabalala, said in Johannesburg, “In Nigeria, we’re in corporate and investment banking but […]

11/08/2011 The last time I checked the value of the Naira, it was very saddening to discover that the it was being sold at 274 to buy 1 GBP and 165 to buy 1 USD. We all knew things could be bad, but this bad? Just last year, whilst working […]