Business Hilights

Tracking Nigeria's Headline Business News Online

Lagos State Government

Lagos fails to auction listed 115 abandoned skyscrapers, one year after notice

One year after the Lagos State government has compiled a list of more than 115 abandoned properties in Ikoyi and Victoria Island and notified owners of auction for non-completion and use, the policy seemed to have been abandoned. The government…

Lagos plans to deepen mortgage housing delivery, injects N1bn to revive LBIC

As part of new drives to encourage seamless home ownership, the Lagos State Government has agreed to inject the sum of N1bn into the Lagos Building Investment Company (LBIC). The target is to enable the hitherto dormant agency to meet…