financial – 9japroperty http://9japroperty.com.ng All you need to know about properties Wed, 12 Oct 2016 10:52:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.15 Eko Atlantic to become West Africa’s financial hub http://9japroperty.com.ng/eko-atlantic-become-west-africas-financial-hub/?utm_source=rss&utm_medium=rss&utm_campaign=eko-atlantic-become-west-africas-financial-hub http://9japroperty.com.ng/eko-atlantic-become-west-africas-financial-hub/#respond Wed, 12 Oct 2016 10:52:50 +0000 http://9japroperty.com.ng/?p=5100   The Eko Atlantic City will accommodate the headquarters of the sub-region’s leading banks, financial institutions and international corporations, its developers have said. According to the developers, South Energyx Nigeria Limited (SENL), a subsidiary of the Chagoury Group, a part of the smart city has been reserved for the development of a business district. The […]

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The Eko Atlantic City will accommodate the headquarters of the sub-region’s leading banks, financial institutions and international corporations, its developers have said.

According to the developers, South Energyx Nigeria Limited (SENL), a subsidiary of the Chagoury Group, a part of the smart city has been reserved for the development of a business district. The district will be 650,000 square metres and will feature the Eko Boulevard, a two-kilometre long, 60 metre wide central boulevard similar in size and look to New York’s Fifth Avenue and Paris’ Champs-Élysées.

Last week, while conducting a business delegation from the United Kingdom round the city, the Development Director, South Energyx Nigeria Limited, Mr. Pierre Edde, said the district was designed to host many headquarters of companies in Nigeria.

“The Eko Atlantic City Business District is a strategic and prestigious location for offices, with a state-of-the-art 24/7 infrastructure network, including 21st Century communications, smooth transport system and uninterrupted electricity, making it a compelling place to work,” Edde said, explaining further that upon completion, Eko Atlantic would be home to 500,000 residents with an expected commuter volume in excess 300,000 people daily.

One of the delegates, Akin Thomas, Chief Executive Officer of AKD Solutions Limited, described Eko Atlantic City as an amazing project, commending the developers for their commitment to Nigeria’s economic development.

Another delegate, Eisen Chok, Director, Synergict Connect Limited, expressed delight at the progress of  the project.

Head of Sales and Marketing, Chris Joe Energy, Fatai Amoo, said he was impressed with the vision behind the Eko Atlantic project.

“This project is indeed, revolutionary and the innovative approach used to construct such city is a true testimony to future human habitat development not only in Lagos, Nigeria, but across the globe,” he said.

He also praised South Energyx Nigeria Limited’s unique waste disposal management strategy, saying that’s how waste management should be handled in futurist cities and developments.

Eko Atlantic City is a new city being built from reclaimed land on the Lagos Atlantic Ocean, Bar Beach, on Victoria Island.

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Young home buyers need financial help – BSA http://9japroperty.com.ng/young-home-buyers-need-financial-help-bsa/?utm_source=rss&utm_medium=rss&utm_campaign=young-home-buyers-need-financial-help-bsa http://9japroperty.com.ng/young-home-buyers-need-financial-help-bsa/#respond Tue, 17 Mar 2015 09:18:47 +0000 http://9japroperty.com.ng/?p=3038 The United Kingdom’s annual Budget will be unveiled next week but ahead of the announcement the Building Societies Association has written to the Chancellor of the Exchequer asking for urgent help for buyers. Propertywire.com reported that the BSA said that younger buyers in particular need concerted help to buy their first home and has suggested […]

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The United Kingdom’s annual Budget will be unveiled next week but ahead of the announcement the Building Societies Association has written to the Chancellor of the Exchequer asking for urgent help for buyers.

Propertywire.com reported that the BSA said that younger buyers in particular need concerted help to buy their first home and has suggested a way in which money could be raised to give it to them.

The money raised by the government from the sale of the NS&I 65+ Pensioner Bonds, estimated to reach £15bn by the current closure date of 15 May, could be used to offset an initial investment in affordable housing projects, the letters said.

Specifically, the BSA letter says that this money could make a lasting difference if it was used as seed funding for perpetually affordable housing developments using a model such as a Community Land Trust.

“Using the money raised from the Pensioner Bonds to make affordable housing available to young people seems a neat way for a scheme that benefits those 65 and over, to also help younger people who face such a chronic shortage of affordable housing,” said Robin Fieth, BSA chief executive.

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