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http://ift.tt/2oratXi PHOTO:AFP Nigeria’s capital importation in the first quarter of 2017 lost about $640 million to settle at $908.3 million, which is 41.4 per cent decline from $1.55 billion recorded in the fourth quarter of 2016. The fall in Foreign Direct Investment (FDI) and Other Investment components of capital importation report came after four and three consecutive quarters of increase respectively. But two research analysts from top six banks in the country, were unanimous in pointing out that the months of January and February this year were low points in the country’s battle against foreign exchange crisis, which may have deterred inflow of investments. Leading the decline were portfolios under the Other Investment and Foreign Direct Investment (FDI), while Portfolio Investment was the only category to record an increase relative to the previous quarter. These portfolios are equity contribution in cash or equipment; equity investment in securities at the money...

http://ift.tt/2rRVK85 Dr. Ikem Ume-Ezeoke  reveals how his father’s decision to withdraw him from a school in the city and enroll him in a village public school, literally put on his legs, the springs that made him one of the loud names in Nigeria’s real estate sector. Ume-Ezeoke, who is the Managing Director/Chief Executive Officer of Homes & Homes Real Estate Solution, also provides answers to salient questions on Nigeria’s mortgage sector.  He is the current President of Lekki Professionals and Real Estate Club. W HAT was your growing up like? Growing up was fun and it happened in a humble way. I grew  up in the eastern part of Nigeria under a strong and strict modest catholic  family. My father was a businessman and my mother was a flexible business woman, who was always there for her children. We were not special children. We were not given all we wanted, but we were thought respect and  modest living. Education was the only thing on the lips of o...