Posts

Gallery

Image
Intercontinental Hotel, Lagos (Tallest Building in Nigeria) Intercontinental Hotel, Lagos (Tallest Building in Nigeria) Invest in the future, invest wisely! Real estate remains the best means of investment with higher % of returns on investment(ROI) all over the world. Join the wise today by investing in "OAKWOOD PHASE 2"(A secured investment by the Free Trade Zone). For details/site inspection call us today on: 08126232402 or 08038071737. 495 people reached Boost Post

Olumo Rock

Image
Olumo Rock is a popular tourist attraction in the city of Abeokuta, the Ogun state capital in Nigeria. It was used as a fortress by the Egba people in the early 19th century. Olumo rock, one of the most popular tourist destinations in Nigeria, West Africa, sits in the ancient city center of Abeokuta – a name which means “Under the rock”. Abeokuta was originally inhabited by the egba people who found refuge at the Olumo rock during inter-tribal wars in the 19th century. The rock provided sanctuary to the people as well as a vantage point to monitor the enemy’s advance leading to eventual triumph in war. The town of Abeokuta eventually grew as these new settlers spread out from this location. Abeokuta is just about an hours drive from the bustling metropolitan city of Lagos providing convenient access to an array of hotels, restaurants, clubs, casinos and various nightlife activities. Lagos is also home to the closest airport to Abeokuta, the Murtal

Owerri Mall nears completion, opens in November

BARRING any last minute hitches, the Owerri Mall located at the old Somachi Park near the Imo State University will open in November. ​ Coming as a joint venture involving Resilient Africa, Somachi Investments, Terrestrial Real Estate and Median Infrastructure Development Company Limited. The gross lettable area is 9,800 square metres and marketed by Broll Nigeria, the sole letting agent. The shop sizes range between 20-450 square meters and under a minimum two years lease period.      Speaking during a tenants’ forum and a press briefing at the Oriental Hotel in Lagos last week, senior officials of Resilient Africa disclosed that 65 per cent of the mall has been leased out and initial opening day is slated for November.      As part of its commitment to ensure tenants adapt to the environment, the first set of tenants have been offered ‘beneficial occupation’ from end of this month, which is the rent free period allowed the tenants to fit-out their shops is between 30-6

AUHF conference on housing finance holds October

THE African Union for Housing Finance (AUHF), a member-based association of mortgage banks, building societies, housing corporations and other organisations involved in the mobilisation of funds for shelter and housing on the African continent will hold its conference and annual general meeting in October at the Safari Hotel & Conference Centre, Windhoek, Namibia.     AUH is grounded on developing the institutional capacity of its members to enable them to effectively participate in addressing housing finance challenges on the continent; engaging with governments through member institutions; and developing partnerships with other regional and continental bodies on the African continent.     There is clearly room for growth. The World Bank estimates that if only the top 3per cent of Africa’s population were to access mortgages, the continent’s mortgage debt to GDP ratio could rise to 18 per cent (12 per cent, excluding South Africa). This activity could contribute as muc

Pipeline vandals kill 10 SSS operatives in Arepo, Ikorodu

Image
Pipeline vandals at the Arepo area of Ogun State, yesterday allegedly killed ten operatives of the Department of State Services (DSS) in what was described as a ‘bloody encounter. The Guardian gathered that vandals, numbering over 20 and clad in black shirts and trousers, with red bands tied around their heads stormed Arepo creeks where they broke a pipeline belonging to the Nigerian National Petroleum Corporation, NNPC. They reportedly loaded over eight trucks with the siphoned petroleum product, while their members drove the trucks through Konu. There were however different versions as to how the DSS operatives were killed. Another report had it that the miscreants had already vandalized one of the Nigerian National Petroleum Corporation (NNPC) pipelines in the area and were siphoning fuel, when the DSS operatives arrived the scene and engaged them in a shoot-out. According to the report, the incident on Ishawo road happened at about 8.00pm. On August 30, 2015, four

Nigeria’s power generation hits 4,196.11mwh

Image
The country has been recording daily average power generation of 4,196.11 megawatt/hour since last week, while energy sent out was put at 4,112.06 megawatts/hour (MWH) during the same period under review, according to the generation report by the Presidential Taskforce on Power. The agency put the total daily energy generated as at September 12 at 100,705.53 mwh, while the energy sent out was put at 98,689.54 mwh. The country had earlier recorded a peak energy generation of 101,839.37mwh and supply of 100,162.92mwh. This new generation and supply level however fell short of the highest peak generation of 4,729.30mw, which the country attained on August 25, 2015. The country’s energy generation has continued to fluctuate around 3,000mw to 4,500mw. Besides, the Permanent Secretary, Power, Dr. Godknows Igali, said that the recent increase in power supply is not as a result of rain, as speculated in some quarters, but it is as a result of increase in gas supply to the thermal

British universities slip down in global rankings

British universities have slipped down the latest international rankings, with only Cambridge making it into the top five institutions in the world – taking joint third place in a list dominated by big American universities. According to the QS World University Rankings, regarded as the most authoritative of its kind, Massachusetts Institute of Technology (MIT) is once again named the best university in the world, with Harvard climbing to second place from fourth last year. The UK still has four universities in the top 10 in the world. One of the biggest casualties, however, was London’s Imperial College, which in 2014 was ranked equal second with Cambridge but this year dropped to eighth position because of a change in the methodology used to rate universities. Oxford University and University College London (UCL) have both slipped down the tables; having been ranked equal fifth last year, Oxford slipped to sixth and UCL to seventh. Kings College London, ranked 16th in 20