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LBIC

News

Subsidy removal: LBIC increases transport allowance for staff by 50%

Following hike in transportation fare which has trailed the removal of subsidy on premium motor spirit (PMS), Lagos Building Investment Company (LBIC) has raised Staff Transport Allowance by 50 percent to offset impact of fuel subsidy removal and rising transportation…

NewsDirect
June 16, 2023

Property

LBIC defies COVID-19 strains on mortagage investment, records profits for 2020

By Moses Adeniyi The Lagos Building Investment Company Plc (LBIC) despite the tough operating environment posed by the COVID-19 pandemic on the mortgage industry, recorded profit in the year ended 2020, Nigerian NewsDirect has gathered. The disclosure was contained in…

NewsDirect
August 23, 2021