Six Important Things to Know About Real Estate Valuation in Nigeria

By Zuko Mdwaba Generative AI is revolutionising the way we live and work. Across industries, leaders and users alike are experimenting and tapping into the power of these technologies to their advantage. Nearly 7 in 10 workers say generative AI will help them better serve customers. But like any new technology, generative AI is not without risks. Unlike consumer AI, like Apple’s Siri and Amazon Alexa, enterprise customers require higher levels of trust and security, especially in regulated industries. When working with the world’s leading businesses, it’s critical to explore this technology intentionally and responsibly so that ethics remain top

By Emmanuel Udom Jesus Christ is the founder of the Christian religion. Born of a Virgin Mary over 2000 years ago, Jesus, the beloved son of God, came down to earth from heaven on a mission of liberating humanity from sin. More than 2000 years after he returned to heaven, writers, journalists, scholars, researchers and other interested persons have continued to speculate on whether or not our Saviour was a white or black man. Go to Google to read some of the expository and insightful articles and books on the complexion and mission of Jesus Christ on earth, which later

By Olutayo Irantiola In the last few weeks, many markets across Lagos State have been locked and opened by the Ministry of Environment and the Lagos Waste Management Authority (LAWMA). There is no gainsaying that these markets are due for closure. However, what next after the re-opening of the markets? One of the places in town synonymous with huge refuse generation is the markets. Many times, markets are considered to belong to nobody; as such, traders want their immediate environment habitable for their businesses, and at the close of the day, they “drop” the byproducts of their wares somewhere, mainly

By Michael Owhoko, PhD Any Nigerian with a rational and open mind knows that the complexity of governance in Nigeria today is rooted in the country’s political system, which by any stretch of imagination and logic, is unsuitable for a heterogenous society like Nigeria with over 250 ethnic groups that is characterized by incompatible cultures, varied history, background and interests. These ethnic groups were hitherto independent nations that ceded their sovereignty to the Nigerian state under federalism, a political system that took cognizance of their peculiarities and agreed upon by the country’s founding fathers. But ever since this system was

By Adedapo Adesanya President Muhammadu Buhari will, on Friday, October 7, present Nigeria’s 2023 budget of N19.76 trillion to the National Assembly in Abuja. The presentation will take place at 10 am at the temporary chamber of the House of Representatives. He will expect the appropriation bill to be passed before the end of the year for signing ahead of the next fiscal year. The Director-General, Budget Office of the Federation, Mr Ben Akabueze, had said the President will present the 2023 appropriation to the National Assembly in September. He had said the 2023 budget was prepared in tandem with

By Adedapo Adesanya Oil prices continued their bullish stand on Thursday, holding close to their highest in almost three years as the market continues to get support from the draws in crude inventories in the largest producing nation in the world, the United States. The Brent crude added 6 cents or 0.07 per cent to trade at $75.61 per barrel yesterday while the United States West Texas Intermediate (WTI) made a 0.07 per cent or 5 cents gain to trade at $73.35 per barrel. This means that both benchmarks had hit their highest since October 2018. The higher prices are

By Modupe Gbadeyanka An entrepreneur, Ms Jumoke Akinsanya, has narrated how the collateral-free loans she obtained from an e-commerce giant, Jumia, influenced the expansion of her business. Ms Akinsanya, the owner of Deeski.com who also sells groceries and home essentials on Jumia, disclosed that the platform has helped her company achieve a lot in the last five years. According to her, she now has an opportunity for direct access to big companies, facilitated bulk purchase, and improved her business workforce from six to 12. Business Post reports that Jumia lending is a small business loan open to sellers on the

By Modupe Gbadeyanka Investors in the Nigerian capital market on renewed confidence staked N32.042 billion on 2.737 billion shares executed in 32,217 deals during the just concluded five-day trading week. This was against the N29.180 billion spent on 3.100 billion shares the previous week, which were transacted in 33,677deals. During the week, the Financial Services Industry, measured by volume, led the activity chart with 2.189 billion shares valued at N21.792 billion traded in 18,832 deals; thus contributing 79.98 percent and 68.01 percent to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 287.945 million shares worth

By Modupe Gbadeyanka In the 2018 financial year, Linkage Assurance Plc found itself in an unpleasant situation, recording a loss after tax of N290.1 million against a profit after tax of N2.9 billion declared in the 2017 business year. The insurance company, which released its financial statements for the year ended December 31, 2018 to the Nigerian Stock Exchange (NSE), said its profit before tax reduced significantly to N134.7 million from N3 billion in the same period of 2017, indicating a 96 percent decline. This was attributed to the increase in claims and underwriting expenses and a drop in investment

By Adedapo Adesanya The Petroleum Products Pricing and Regulatory Agency (PPPRA) on Monday released the June pricing guideline for Premium Motor Spirit (PMS), bringing the price that Nigerians will buy petrol to as low as N121.50 kobo per litre. The agency directed oil marketers to sell the commodity within the price band of N121.50 kobo – N123.50 kobo per litre effective June 1. The ex-depot price of the commodity for June was also pegged between N102.13 kobo – N104.13 kobo per litre; while the ex-depot price for collection ranges from N109.78 kobo – N111.78 kobo per litre. The PPPRA is

By Nneka Okumazie There’s a chance that the reason lots of smart minds attacked the Christian faith – from the renaissance was the hold of the church on intellectual exploration and progress. The church allowed for whatever it didn’t deem heretic, stymying everything else. This may have added to hate of the Faith by some, questioning and disbelieving everything. At worst, the church didn’t hate scientific progress but can be said to be an aspect for scientific ethics, focused on checking antagonism against Jehovah. Over the last dozens of decades, scientific ethics have spread. There’re currently tons of overkill in

By Modupe Gbadeyanka Ten startup companies in Africa, including three from Nigeria, have made it to the debut of Qualcomm Make in Africa Mentorship Program. The programme is an initiative of Qualcomm Technologies, and it aims to provide a 7-month equity-free mentorship scheme for the beneficiaries. The 10 lucky startups were chosen from Nigeria, Kenya, Uganda, Ghana, and Rwanda from a pool of more than 550 applicants from 34 African countries. They were carefully selected by a global jury based on a variety of qualifications, including technical capabilities, business factors, and potential for innovation and intellectual property generation. The Qualcomm