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By Ajibola Olarinoye Pecunia Funds, a fund raising company under CFL Group of Companies has launched a real estate investment scheme to be known as Fixed Income Real Estate Investment (FIRE-I). Speaking during a press release on Wednesday evening, the Group Managing Director of CFL Group , Mr Lai Omotola revealed that Pecunia Funds is set to raise N300m from ...

By Ajibola Olarinoye “There are people in the world so hungry that God can not appear to them except in the form of bread.” The quote stated above was made by the late Indian activist, nationalist, and brilliant lawyer, Mahatma Ghandi, who was unfortunately assassinated in 1948. Without any shadow of doubt, the statement vividly depicts the current abject poverty ...

In the recent days, Nigeria’s media space has been dominated with the activities of different separatist groups agitating for a break-up of Nigeria, expressing anger against wide-range of challenges in the country such as injustice, Kidnappings, banditry, insurgency, as well as terrible economic situations. It is against this background that the Chairman of Center for Institutions Reform, CIRN Lai Omotola ...

A foremost real estate company in Nigeria, Masters Reality has petioned the Federal Criminal Investigation and Intelligence Bureau, FCID at Alagbon in Lagos over the illegal demolition of the company’s property located at Iju Road, Agege. It was gathered that the demolition exercise happened at the early hours of Friday March 5th. It should be noted that this alleged illegal ...

 By Nduka Uzuakpundu Muhammadu Buhari, the President of Nigeria, has reiterated his administration’s commitment to a successful execution of the Economic Recovery and Growth Plan (ERGP). At the launch of the Focus Labs, on Tuesday, at State Banquet Hall, in Abuja, he described the labs as closed-door investment platforms, whose profile for economic growth and transformation would be sharpened by ...

The Department of Petroleum Resources (DPR) on Wednesday said that it ha sealed 10 erring filling stations in Borno for various offences.  Bala Musa, its Deputy Co-ordinator in the North-East, disclosed this to the News Agency of Nigeria (NAN) in Maiduguri. Musa said that that the stations had been sanctioned since the past three weeks for dispensing petrol above the ...

The Niger Delta Youth Leadership Forum (PANDLEAF) has asked the federal government to establish an oil-and-gas colony in the region. Speaking at the inauguration of the Bayelsa state chapter of PANDLEAF, in Yenagoa, on Saturday, its president of the forum, Richard Akinaka, said that if the government wanted colony for cattle, the Niger Delta people also needed one for oil ...

The Director of Entrepreneur Development Centre, Pan Atlantic University, Lagos, Peter Bankole, has called on the Federal Government to stop the importation of primary products. He added that for Nigeria to actually generate more income, locally, the value chain must be improved, for which N6.5bn has been allocated in the 2018 Budget. Speaking on SMEs/Entrepreneurship at the Nigerian Economic Outlook ...

Ben Akabueze is the Director General, Budget Office of The Federation. The First Class Accountng graduate of the University of Lagos turned Budget expert, has had wide inputs in Nigeria’s Budgets since joining President Muhammadu Buhari Administration in June, 2016. The man whose analysis on financial issues, cannot be taken for granted, speaks on what to expect from the 2018 ...