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Sujimoto Receives 2019 Property Development Award



US Housing starts
  • Sujimoto Receives 2019 Property Development Award

For continuously innovating and localising luxury designs in the real estate sector, Sujimoto Construction has been awarded the 2019 Bold Initiative in property development by the Nigeria Institutes of Architecture.

Speaking on the award, Sijibomi Ogundele, the Managing Director and Chief Executive Officer of Sujimoto Construction, explained that about five years ago people said their dreams were too big for craving global standard and embracing the spirit of possibility.

He said: “Five years ago, when we started, some said our dreams were too big, our ambitions too grand; but we refused to think small and act local, we chose to think big and act global. By embracing the spirit of possibility, we created our own destiny. We understand that there is no nobility in poverty and to win in today’s economy, one needs an uncommon balance of integrity, creativity and quality.

“Our sold-out Project, the Giuliano by Sujimoto was erected on these tenets. We defied the norm in real estate industry and constructed super terraces with private elevators wrapped in Spanish travertine stones. With our current project, the Lucrezia by Sujimoto Development, we are suspending villas in the sky and will be the first to adopt the Glass Reinforced Concrete (GRC) for our façade.”

According to the organisers, Sujimoto Construction Company delivers sophisticated residential facilities to the Nigerian market while simultaneously ensuring costs are market reflective. Therefore, the award was meant to recognise the company’s status and serve as an impetus for future success.

Sujimoto Construction emerged winner through a screening process that involved other top companies in Nigeria with jury comprising both local and foreign researchers.

Ogundele added that “this would never have happened without the Sujimoto team, a brilliant crew that understands that to be needed, you have to be loaded. Dayo an incredible and talented 21 year old Engineer, Vinay; an expatriate that has taken the business like his grandfathers’, the commitment and optimism of Architect Isiak; the unending devotion dedication of Engineer Lamid and Emmanuel; our amiable French Project Manager Djalil, the tenacity of Princess and so many architects, engineers and supervisors are the engine that keeps us firing on – the Sales and Corporate Communications team, whose hard work and dedication keeps taking Sujimoto to the next level.

“To our critics, thank you for all the checks because without them, we would not have pushed ourselves harder.

“Finally, this award gives credence to our firm belief that you might not have a rich uncle or a powerful aunty, but with determination, dedication, and diligence you can achieve your dreams!”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


MTN Nigeria, Gameloft Partner to Increase Access to Variety of Exciting Games




MTN Nigeria announced it has partnered with Gameloft, a leader in the development and publishing of games, to increase access to a variety of fun and exciting games online.

The telecommunications giant in collaboration with its new partner, Gameloft announced the launch of MTN Gameworld, a new gaming platform for its subscribers.

According to MTN, the new platform will allow the Nigerian growing gaming community access to a lot of unique games online through an extensive premium catalogue from Gameloft and other renowned publishers.

Commenting on the partnership, Srinivas Rao, the Chief Digital Officer, MTN Nigeria, said, “We are constantly seeking to deliver innovative products that support the aspirations of our customers, whilst delivering superior user experience. This partnership allows us to provide our customers with access to a variety of exhilarating games from Gameloft and other leading publishers at an affordable rate.”

MTN Gameworld will allow subscribed customers access to a variety of games, which they can play at subsidised data rates through the MTN Gameworld app. Android, iOS and Windows phone users can subscribe via SMS, app, web, USSD menu (*447#), 131 USSD menu and any other MTN customer channel.

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President Buhari Commissions 5,000bpd Modular Refinery Built in Imo State



President Buhari

President Muhammadu Buhari on Tuesday commissioned the 5,000 barrels per day modular refinery built by Waltersmith Group in Imo State.

President Buhari, who commissioned the new modular refinery virtually, said the refinery will enable Nigeria to export petroleum products to neighbouring countries and other markets.

The 5,000 barrels per day Waltersmith Modular Refinery is the first phase of 50,000 barrels per day combined capacity plant planned for Imo State, according to the Group.

Buhari commended Waltersmith Group, an indigenous oil firm, and the Nigerian Content Development and Monitoring Board for the collaboration that led to the actualisation of the modular refinery.

President Buhari, therefore, directed the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation, the Department of Petroleum Resources and all other relevant government agencies to provide Waltersmith all the necessary support in terms of access to crude oil and condensate feedstock.

Buhari said, “We rolled out our refining roadmap in 2018, to address challenges in the downstream sector. After many years of government giving out modular refining licences without any coming on-stream, we are today seeing a commissioning within two years.

“The plan to commence the expansion of this refinery to 50,000bpd capacity, to refine crude oil and condensate, is a demonstration of the economic reform Nigeria is undergoing.

“The realisation of the refinery roadmap will ultimately lead us to becoming a net exporter of petroleum products, not only to our neighbouring countries but to other wide markets,” he said.

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Elon Musk Net Worth Jumps by $100 Billion this Year to Topple Bill Gates, Mark Zuckerberg, Others 



Tesla earnings

Elon Musk, the Chief Executive Officer and founder of Tesla, is now the world’s second-richest person following another surge in the price of Tesla share.

Musk total net worth jumped by $7.6 billion to $110 billion between November 16 and 17 to dethrone Facebook founder, Mark Zuckerberg, from the third position.

Since then, Tesla stock has been on a bullish run and in the last 24 hours added $7.24 billion to Elon Musk’s total net worth, according to Bloomberg Billionaire Index. Bringing the billionaire’s total net worth to $128 billion.

Elon Musk’s net worth rose from just $28 billion in January 2020 to $128 billion on November 24, 2020, representing an increase of $100 billion, the highest by any billionaire.

Musk has finally toppled Bill Gates as the second richest person and for the first time, Bill Gates is the third richest man in the world. This is the first time in almost 40 years that Gates will be in the third position.

Billionaires listed on Bloomberg Index have collectively gained $1.3 trillion this year.

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