Oyo State Governor Abiola Ajimobi has decried the sale of government land and quarters by his predecessors. He said they did not consider the state’s interest. The governor spoke at the weekend’s inauguration of the first phase of a multi-million Naira housing estate in Agodi, Ibadan, the state capital. He accused his predecessors of selling choice property to their cronies ...

The National Pension Commission is set to allow Pension Funds Administrators to invest the growing pension assets in the housing industry, particularly the real estate, in addition to investing it in infrastructure. As of October 2015, the total pension assets under the Contributory Pension Scheme had risen to N5.14tn. While the PFAs have invested these funds in different classes of ...

The President of the Nigerian Institute of Building (NIOB), Tijani Shuaib, in this interview with George Okojie, shares displeasure at the handling of the draft bill of the National building Code (NBC) which has gotten little or no attention by the National assembly. He also stated that land use act should not be totally abrogated. Read excerpts below: Builders have ...

The Borno State Government plans to construct trenches around vulnerable villages in the state to wade-off attacks by insurgents. Governor Kashim Shettima said this on Saturday when he visited some villages to assess damage done to the communities by insurgents. The governor assured the communities that proactive steps would be taken to safeguard their lives and property. “We will construct ...

Dubai property giant Emaar Properties promised Saturday to restore its luxury 63-storey hotel in the emirate, which was damaged in a spectacular fire on New Year’s Eve. “We are determined to restore it to all its glory, and even surpass the splendid architectural standards,” said chairman Mohamed Alabbar. “Further timelines and plans will be shared as they are finalised,” he ...

A reclusive property tycoon who was once worth £3billion is reportedly embroiled in a bitter secret divorce battle with his Lithuanian-born wife over property and assets worth millions. Syrian-born investor Simon Halabi started as the director of a UK property firm in the 1980s and going on to become Britain’s 14th richest man – before losing almost everything and becoming ...

Goods worth millions of Naira was lost in a fire incident that occurred in the early hours of this morning at the Yola South main market in Adamawa state. The cause of the fire is yet to be ascertained. Men of the state fire service have arrived the scene and are working to put out the fire. See more photos ...

Organiser filling station located at Amunko, Nnewi Okpuno Nnewichi in Anambra state, was gutted to the ground this morning after an explosion suspected to have been caused by a fuel tanker. Fire service and police are currently at the location to deal with the situation. No mention of  casualties yet. More photos below:

Internally displaced persons in Adamawa State who received food and relief items in December put religious and sectarian differences aside to thank their benefactors and pray for them. At Churches and Mosques in Jimeta-Yola, and at other distribution points in the seven Local Government Areas most hit by the insurgency, grateful IDPs offered prayers for the donors, as well as ...

One of Nigeria’s foremost anti-corruption coalitions, the Civil Society Network Against Corruption (CSNAC), has challenged all the 36 ministers in President Muhammadu Buhari’s cabinet, to publicly declare their assets in the light of the ongoing war against corruption In a statement Sunday, the coalition said through its chairman, Olanrewaju Suraju, that by publicly declaring their assets, the ministers would be ...