Category Archives: World

Saudi real estate market named among world’s worst performers

Saudi Arabia’s real estate market is one of the worst performers in the world, according to new data released by Knight Frank. Its latest Global House Price Index showed that Saudi Arabia was ranked 55th out of 56 markets analysed during the third quarter of

FG finally hands over State House, Marina to Lagos govt

The Federal Government on Tuesday completed the process of handing over the State House, Marina, to the Lagos State Government. The process which started about 20 years ago was completed with the signing and exchanging of documents between the state government and the Federal Government

Bad loans push Shelter Afrique to $2.16m loss

Troubled mortgage lender Shelter Afrique has reported a $2.16 million net loss for the six months ended June, compared to a net profit of $1.65 in the same period a year ago on the back of increased provisions for bad loans. Shelter Afrique’s loan impairment

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