NMRC, developers laud Nigeria’s House Price Index

The Nigerian Mortgage Refinance Company (NMRC) and developers of Lekki Gardens have thrown their weight behind the takeoff of Roland Igbinoba House Price Index (RI), the first in the country. Executive Director of NMRC, Mr.Kehinde Ogundimu, who represented his managing director, gave insight into the usefulness of a house price index in Lagos. He pointed out that absence of useful data had been a major challenge to government, home seekers and investors in the drive to make decision about housing market. He lauded President of Pison Housing Company, Mr Roland…

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CAFCC: Rivers Utd beat Rayon Sports 2-0

Rivers United on Sunday took a step closer to the group stage of the CAF Confederation Cup after defeating Rayon Sports of Rwanda 2-0 in Port Harcourt. The Garden City outfit is the only Nigerian team on the continent after the elimination of Rangers who lost 5-2 on aggregates to Zesco United of Zambia at the weekend. A goal apiece in each half from Emeka Atuloma and Guy Kuemian gave Rivers a 2-0 lead ahead of the second leg tie this weekend in Rwanda. It would have been 3-0 in…

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‘Fleet mgt firms rake in N1.7bn yearly’

The management of Rosabon Financial Services has said that fleet management and other corporate lease solutions made on average return of about N1.7 billion annually from companies in the country. Head, Communication, Kehinde Ruth Onasoga, in a statement, said: “Recent statistics have shown that companies in Nigeria, on the average, spend at least N1.7 billion annually on fleet management and other corporate lease solutions just to be able to address their logistical challenges. “Even at that, combining daily business activities with fleet management operations is becoming an increasingly difficult task…

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Modified pig organs may correct birth defects in humans

A team of doctors in Britain have perfected the use of modified pig organs to treat newborn babies with birth defects. Babies born missing a section of their oesophagus, the tube linking the mouth to the stomach, are to receive the transplants harvested from pigs and then modified using the child’s stem cells. ‘The Australian’ an online news portal reported that the landmark lifesaving treatment would be used next year at Great Ormond Street Hospital in London on about 10 children born with severe cases of oesophageal atresia (EA). Similarly,…

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Anthony Joshua: ‘Being a boxer you have to be a man of the people’

Anthony Joshua has never lost a professional fight and he’s won every bout with a knock-out. But in two weeks he faces the fearsome Wladimir Klitschko, aka Dr Steelhammer. Should he be nervous? Alex Clark meets the bricklayer turned boxer Anthony Joshua, the Hertfordshire bricklayer who has become British boxing’s greatest star, is a busy boy. After months of trying to find a gap in his schedule, we finally isolate a weekend in Watford. Within 24 hours, that’s shifted to a Friday in Sheffield, and a modern, unremarkable cul-de-sac on…

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