Business Hilights

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State of Ajaokuta Steel Complex, a collective shame to Nigerian leaders—-Dogara

The Speaker of the Federal House of Representatives, Barr. Yakubu Dogara, has described the current leprous state of the supposed largest steel complex in Africa, the Ajaokuta Steel Complex, in Kogi State as a collective shame to all leaders. While…

Joint venture of FMBN, REDAN, Shelter Afrique targets supply of 10,000 houses yearly

The Federal Mortgage bank of Nigeria (FMBN) has sealed a deal with the Real Estate Developers Association of Nigeria (REDAN) and pan-African finance institution Shelter Afrique to establish a $2bn affordable housing facility. The fund which will come in tranches…