“Rungrado 1st of May Stadium – also known as the May Day stadium – was built with its overpowering size in mind. North Korea constructed the stadium in 1989 during the Cold War, just a year after South Korea hosted the Summer Olympics” PEGASUS REPORTERS, LAGOS | FEBRUARY 10, 2025 The Rungrado May First Stadium, located in Pyongyang, North ...
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COMPANY PROFILE: DELSTAR GLOBAL RESOURCES LIMITED
“Our corporate mission is to offer first-class people-oriented dependable and affordable houses for the teeming population in Nigeria and creating employment for the youths resting on a threshold of Innovation, Efficiency and Excellence for the convenience and benefit of all our clients and stakeholders” PEGASUS REPORTERS, LAGOS | FEBRUARY 3, 2025 Professional and Expert Construction Contractors DELSTAR GLOBAL RESOURCES ...
Read More »The Roles of Quantity Surveyors in Building Projects – By Aliu S. Momodu
“A QS will conduct value engineering which is the process of analyzing project designs and materials to ensure maximum value for the money spent. This often leads to cost savings without compromising the quality of the build. They can suggest alternatives that will achieve the same outcome but at a lower cost” PEGASUS REPORTERS, LAGOS | JANUARY 11, 2025 ...
Read More »Construction: Dangote-Sinotruk assembly plant goes into full production
“The $100 million assembly plant which will also create about 3,000 jobs across Nigeria is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.” PEGASUS REPORTERS, LAGOS | JUNE 12, 2024 Nigeria’s Africa richest man, Billionaire Aliko Dangote has inaugurated his Completely Knocked Down (CKD) Dangote Sinotruk West Africa Ltd., ...
Read More »Automobile Construction: Generational shifts in Automobile fueling
“As you are aware, the US government is defending Tesla right now by desperately assailing the Chinese BYD with duties. But wait until BYD unleashes its sodium ion cars. Tesla will fade away because it is one recalcitrant EV company that is failing to adapt. It is becoming a prestige company and prestige businesses become antique enterprises” PEGASUS REPORTERS, ...
Read More »FEC Approves Initiative to Transform Nigeria’s Housing Infrastructure and Housing Sector through Private Partnership
“The partnership will incorporate a specialized framework utilizing a special-purpose vehicle (SPV) owned by the Nigeria Sovereign Investment Authority. This structure will enable institutional investors to provide sustainable long-term financing with robust oversight, reducing risks associated with large-scale government projects” PEGASUS REPORTERS, LAGOS | MAY 17, 2024 The Federal Executive Council has approved an initiative aimed at transforming the ...
Read More »Lagos-Calabar Coastal Road: Leave the talk, Let’s face the business. – By Dada Olusegun
“The total estimated cost of the 700km Lagos-Calabar Coastal Road project is put at N15.6 trillion. The funding model for the Lagos-Calabar coastal road project is EPC+ (Engineering, Procurement, Construction, and Financing) where the federal government would put up a counterpart financing of around 30% while the contractor funds the remainder” PEGASUS REPORTERS, LAGOS | MAY 8, 2024 The ...
Read More »Construction in Homes: Mistakes to Avoid while Designing your Sitting room
“Paint greatly impacts the overall look and feel of your living space. Imagine a black or dark purple sitting room. It feels too dark just like the bright red one might prevent you from relaxing; The same applies to bright yellow. If you really love those colours, use them on a feature wall not entire room” PEGASUS REPORTERS, LAGOS ...
Read More »OFFER FOR SALE! OFFER FOR SALE!!
A prestigious 19-floor mixed-use development (suitable for a hotel / office complex, or a foreign mission) is on offer for sale. PEGASUS REPORTERS, LAGOS | JANUARY 24, 2024 A prestigious 19-floor mixed-use development (suitable for a hotel / office complex, or a foreign mission) is on offer for sale. * Location: Victoria Island, Lagos * It features: * 1st ...
Read More »CONSTRUCTION: Abraj Kudai, world’s largest hotel with 10,000 Rooms under construction
“One of the most unique features of the Abraj Kudai is its four helipads, which are capable of accommodating up to 30,000 guests at once. This is especially important given the hotel’s location in Mecca, which is a popular destination for religious pilgrims from around the world“ PEGASUS REPORTERS, LAGOS | MAY 25, 2023 The Abraj Kudai there above ...
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