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Monthly Archives: February 2016

‘Houses Are Available But No Buyers’

'Houses Are Available But No Buyers'

In an interview with Daily Trust, Suleman Ibrahim Jatto who is the Managing Director of Builtoption Limited, spoke on how lack of access to mortgage is affecting the real estate sector stating that houses are available but no buyers. See excerpts below: What are the challenges facing real estate sector in the country? One of the major challenges facing the ...

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Returning IDPs To Their North-East Homes Could Trigger Fresh Conflicts – Expert

Adamawa to shut down IDP camps by December – Official

An environmentalist, Charles Reith, has said that allowing internally displaced persons, IDPs, to return to their homes without tackling desertification in Northeast Nigeria would trigger fresh crisis. Mr. Reith, a professor of environmental sciences with the American University of Nigeria, AUN, Yola, Adamawa State, said desertification had reduced the quality of life in the insurgency-ravaged zone for generations. The university ...

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3 Detained For Accusing DGSS Duara Of Taking N4bn Bribe & Acquiring Properties

3 Detained For Accusing DGSS Duara Of Taking N4bn Bribe & Acquiring Properties

The Department of State Services has arrested three suspects who allegedly accused the department’s Director General, Lawal Musa Daura, of collecting a bribe of N4 billion from the PDP Governors of Akwa Ibom, Rivers, Abia and Taraba States to enable them to win their electoral cases at Supreme Court. The suspects are Usman Ahmed Danmallam, Nura Shehu Lawal Giwa, and ...

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Former MGBN & Husband Jailed In The US Over $5.8m Mortgage Fraud

Former MGBN & Husband Jailed In The US Over $5.8m Mortgage Fraud

Most Beautiful Girl In Nigeria 1992, Sandra Petgrave and her husband, George Chukwuka, have been sentenced to jail in the US for their roles in a $5.8 million mortgage fraud that spanned 5 years. Sandra and Chiedu have six children together. Investigations by FBI showed that Chiedu led the fraud ring that operated from 2006 to 2011. Sandra was sentenced ...

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Foreign Based Property Firm Begins Shalom Place Estate in Lagos

Foreign Based Property Firm Begins Shalom Place Estate in Lagos

United Kingdom-based property firm has made its foray into real estate development, with the approval for the commencement of 420 flats and another set of 110 flats also in Isheri North in Ogun State. The company is a member of the NHBRC (National Home Builders Registration Council) in South Africa and Zurich Building Guarantee in Europe, as part of company’s presence ...

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EFCC Docks Kano Traders For N3.5m Land Scam

property ownership investigations

The Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned Abdulaziz Musa, Abbah Bello, Bala Zakari and Salisu Juji before Justice Faruk Lawan of Kano State High Court on a two-count charge bordering on conspiracy and obtaining by false pretence. The accused persons are all executive members of the Amalgamated Traders/Artisans Welfare Development Association, AMATA, Kano State Chapter. The complainant, ...

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Institute of Human Virology Building Abuja Currently On Fire

Institute of Human Virology Building Abuja Currently On Fire

The building of the Human Virology, opposite NNPC Towers, Abuja is currently on fire. Men of the Federal Fire service are currently at the scene battling the fire. Get all our updates delivered straight to your phone! Click here to download the Nigeria Real Estate Hub Android App on Google Play Store. Would you like to be a guest writer ...

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