Real estate investment opportunities in Nigeria

MTN Nigeria Communications PLC (MTN Nigeria) has announced the renewal of its spectrum lease agreement with Natcom Development and Investment Limited (NTEL), following approval from the Nigerian Communications Commission (NCC). This renewal extends a partnership that began in 2023 when MTN Nigeria first announced that the NCC had approved a spectrum lease agreement with NTEL. […]

Amazon Teamsters union workers temporarily block an Amazon delivery truck in San Francsico as they picket outside an Amazon distribution center. Photo: JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/FileSource: AFP A US strike targeting Amazon in the peak festive period extended into a second day Friday as the retail behemoth said the […]

The CBN has received praise from ABCON for authorising the sale of interbank FX to its members This follows the temporary granting of access to the Nigerian Autonomous Foreign Exchange Market to the BDC operators The development is anticipated to enable them to buy $25,000 every week from NAFEM between December 19 and January 30 […]

The Lagos State government has sealed several businesses across Ikoyi, Surulere, Ojota, and other areas, including Akerele, Ayilara, Eric Moore, Adeniran Ogunsanya, Lawanson, Ijeshatedo, and Aguda, in response to noise pollution and environmental violations. This enforcement action, part of the Lagos State Environmental Protection Agency’s (LASEPA) ongoing efforts to protect public health and ensure safety, […]

The Nigerian All-Share Index (ASI) ended its trading on December 20, 2024, in the red, breaking an impressive streak of eight consecutive days of positive performance. ASI declined by 118.93 points, closing at 101,129.09, which represented a modest decrease of 0.12%, yet it managed to hold above the crucial 101,000 mark. In contrast, market activity […]