CPAN – Cement producers association of Nigeria, called on the President-elect, Muhammadu Buhari, to slash the price of cement from the current N2, 200 to N1, 000 per bag. CPAN made the request in a congratulatory message sent to Buhari and Prof. Yemi Osinbajo for emerging victorious at this year’s presidential election. They noted that the move would serve as ...
Read More »Monthly Archives: April 2015
LPIG reports increase in Atlanta homebuyers from Nigeria
Could the high US Dollar to Nigerian Naira exchange rate be a reason for the sudden increase? Nigerian homebuyers are flooding the Atlanta housing market and paying top dollar. Within the last few years, the state of Georgia’s housing market has successfully attracted international investors especially from China and Australia; however, one company, Lux Property Investment Group (LPIG) is reporting ...
Read More »Mortgage bank in partnership to meet housing needs of Nigerians
Just Shelter & Allied Products Limited has developed 14 blocks with six three-bedroom flats in each block at David’s Court Estate Arepo, Ogun State. In an effort to meet the housing needs of Nigerians through mortgage creation, Resort Savings and Loans Plc., a mortgage bank with headquarters in Lagos begins a business collaboration with Just Shelter & Allied Products Limited ...
Read More »The BROUHAHA of OGA MARTINS – Episode 13
“In life, two things are guaranteed to come your way: opportunities and challenges. How you choose to deal with these two things is what determines your outcome in life”, his MD had said this morning when he was exhorting them for the day after the morning prayers. The quote kept ringing in Martins’ head, as he mentally took note of ...
Read More »BUILDING FAILURE: Who really is responsible?
The activities of unskilled craftsmen in the building industry have really smeared the image of the building profession in the recent past. The incessant cases of collapse of buildings in some parts of the country have resulted in the loss of lives, property and left many people injured. Quite a number of factors are responsible for collapse of high-rise, reinforced ...
Read More »NEW DELHI: Property market to improve by march 2016
Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. The agency said the property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks ...
Read More »China’s real Estate market is so big that it can affect the global economy
Michael Spence a Nobel laureate and the William R. Berkley professor in Economic and Business at New York University, told a conference in New York on the 17th of April that he expects China’s GDP to average 6 to 7 percent annually. China’s real estate market is so big that it can affect the global economy, and the country’s regional ...
Read More »REDAN express readiness to work with the president elect, GMB
During the maiden meeting of its newly elected national exco in Abuja on Friday, The Real Estate Developers Association of Nigeria (REDAN) expressed its readiness to work with the president- elect, General Muhammadu Buhari in addressing the problems facing the housing sector. In the meeting attended by REDAN exco, REDAN President Rev. Chime Ugochukwu said that the association will help ...
Read More »Lagos plans new town development schemes
There are indications that plans are being made by the government to create new towns across the state. The Babatunde Fashola administration is determined to lay a solid foundation for the projects, which may be completed by the next executive if the indications on the development schemes are anything to go by The need for the projects, are overwhelming, some ...
Read More »FCT: Natives in disagreement over future of Land swap policy
AHEAD of the May 29 handover of government to the newly elected Federal executive, Abuja natives are divided on the future of the land swap policy introduced by the Goodluck Jonathan administration through the minister of the Federal Capital Territory (FCT), Senator Bala Mohammed. The Original Inhabitants Development Association (OIDA) wants the policy to be scrapped due to its alleged use as a conduit ...
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