Infinity Trust Mortgage Bank (ITMB) Plc has received a two-year extension from NGX Regulation Limited (NGX RegCo) to meet the Free Float requirement stipulated for companies listed on the Main Board of the Nigerian Exchange Limited (NGX). In a formal disclosure to the NGX and the investing […]
Category: Real Estate
Real Estate
Lafarge earns N248.350bn Revenue In Q1
Lafarge Africa Plc has recorded N242.67bn from sales of cement following rising cost of cement in the country driven by inflation. This accounted for 97.7 per cent of the total sales revenue of N248.35bn for the first quarter of the 2025 financial year. The sales […]
Shareholders Approve Afriland Properties’ ₦865.5m Dividend Payout
Shareholders of Afriland Properties Plc has approved a total dividend of of ₦865.56m proposed by the company’s Board of Directors. The dividend which was approved by the shareholders at the company’s 12th Annual General Meeting (AGM) was equivalent to 63 kobo per ordinary share; a 152 per cent […]
US Tariff Policy To Threaten Nigeria’s FX Inflows, Key Exports – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised alarm over the far-reaching implications of the United States’ newly imposed 14 per cent tariff on Nigerian exports, warning that the measure could significantly reduce foreign exchange (FX) inflows and destabilize key sectors […]
CDP Awards Dangote Cement ‘B’ On Climate Change, Water Security
Dangote Cement Plc (DCP) has achieved a ‘B’ score in climate change and water security disclosures according to released 2024 CDP results. CDP (formerly Carbon Disclosure Project) is the world’s largest, most comprehensive dataset on environmental action which empowers investors, companies, cities, and national and regional governments to […]
Lagos Approves FirstBank’s 40-Storey Headquarters At Eko Atlantic City
The Lagos State Government has officially granted approval to FirstBank Group for the construction of its state-of-the-art, eco-friendly headquarters in Eko Atlantic City. Governor Babajide Sanwo-Olu presented the certificate of approval during a groundbreaking ceremony held on Wednesday, marking the commencement of what will be Nigeria’s tallest building. […]
Haldane McCall Grows Profit by 168% to N1.01bn in 2024 …Shareholders to approve N220.6m dividend
Haldane McCall Plc on Thursday announced its audited financial statement for the full year ended December 31, 2024 with profit before tax at N1.01 billion, a significant increase of 168 per cent when compared to N378 million reported in 2023 financial year. The Real Estate and Hospitality company […]
Experts Advocate Green Building For Sustainable Financing
Industry professionals in the building and construction sectors have been called to adopt green building practices as a means to secure sustainable financing for large-scale projects. This was the key takeaway from experts who spoke at the Ecobank Design and Build Expo in Lagos last week. Green building, […]
Ashafa, Durojaiye, others to receive PAFIR awards
Ashafa, Durojaiye, others to receive PAFIR awards Distinguished two-term Senator of the Federal Republic of Nigeria and former Managing Director/CEO of the Federal Housing Authority, Senator Gbenga Ashafa, alongside notable figures from the Finance, ICT, and Real Estate sectors, will be celebrated at the inaugural edition of the Pinnacle Awards […]
MBAN Lauds FG On N250bn Mortgage Fund
The National Executive Council (NEC) of the Mortgage Banking Association of Nigeria (MBAN), has commended the Federal Government of Nigeria, the Minister of Finance and Coordinating Minister for the Economy, Olawale Edun and the Minister of Housing and Urban Development, Ahmed Dangiwa for the approval of a N250 billion Mortgage […]