By Emeka Ezekiel, Abuja The Federal Government, through the Federal Mortgage Bank of Nigeria, has approved N17.6bn as estate development loan for 32 real estate developers. The loan is for the construction of 6,214 housing units in the Federal Capital Territory. The amount represents 25 per cent of the bank’s […]

By Udeme Ekwere The market capitalisation of listed equities on the Nigerian Stock Exchange has dropped by N674bn or 7.6 per cent, from a peak of N8.885tn on January 25 this year to N8.211tn on Wednesday. Analysts attributed the huge decline to massive withdrawal of funds from the market by […]

By Nike Popoola The Group Managing Director, Mutual Benefits Assurance Plc, Mr. Akin Ogunbiyi, has said that if the industry embraces a unified means of underwriting the compulsory insurance policies, the sector will earn N3tn from the products. Ogunbiyi spoke to our correspondent in an exclusive interview, after leading about […]