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Monthly Archives: December 2017

‘How increment of electricity tariff may backfire’

electricity tariff

A Lagos based lawyer, ToluwaniAdebiyi has urged the government to stop the proposed 61.5 percent increment of electricity tariff. According to him, the increment of the tariff will infuriate and pitch the people against the government. Speaking at the Nigerian Labour Congress (NLC) House in Yaba, recently, Adebiyi said the economic recession has done enough damage to the image of ...

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5 Things to Consider When Choosing the Neighbourhood That’s Right for You

Neighbourhood

Location, Location, Location – it may seem like a cliche phrase you’d see in a real estate advertisement. But like most cliches, it comes from some truth. When you’re house hunting, location is one of the most significant choices you’ll make. Location affects affordability, value and your quality of life. Here are a few important points that you should keep in ...

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How Whistleblowers Can Better Expose Corrupt Persons

Whistleblowers

Experts have identified ways of strengthening the whistleblowing policy of the Federal Government as well as other means of tracing property and investments linked to proceeds of bribery and corruption. The experts spoke at a recent training conference on tracking noxious funds, which held both in Lagos and Abuja. The conference was organized by the University of Kent, The McArthur ...

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Real Estate, Viable For Economic Diversification – Broll Nigeria

economic diversification

The Chief Executive Officer of real estate investment firm, Broll Nigeria, Mr. Bolaji Edu, says real estate is a viable industry for economic diversification. At the recently held West African Property Investment Summit 2017 in Lagos, where Broll was the platinum sponsor, Edu said Nigeria had heightened investment potential among the comity of nations as the real estate industry was ...

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Develop your expertise, institute tasks 292 NIESV inductees

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on its 292 newly inducted associate members to imbibe professionalism in the practice of real estate business. Dr Bolarinde Patunola-Ajayi, the President of NIESV, made the call at the 2017 Associates’ Induction of the institution in Abuja. He said the induction of new members was to beef up the ...

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5 Seller Mistakes that can sink a Home sale

Home sale

Selling a home may seem like a simple process. You clean it up, show it to a few people and one of them buys it. The trouble is that the process is actually much more complicated, with legal and practical considerations you may not know much about. Sometimes, sellers make simple mistakes that could cost them big, even after the ...

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A Rant about The Menace Of Omoniles: Is Government Doing Enough?

Omo-Onile

Are you preparing to start construction on your landed property in Lagos? Have you budgeted a portion of the construction fee for the Omoniles? For how long will this trend continue? Shouldn’t the government take drastic measures to tackle the menace of Omoniles? If the pronouncement by the Lagos state government is to be taken seriously, then the days of ...

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Real Estate: Stanbic IBTC, others list path to long-term development

Stanbic IBTC

Stanbic IBTC Holdings PLC and other players in Nigeria’s real estate industry are pushing for a long-term strategy for the sector to attract domestic and foreign institutional investments to establish sustainable foundation for the commercial real estate sector to support the nation’s economic growth, development and diversification efforts. At a two-day West Africa Property Investment Summit in Lagos, recently that attracted ...

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High Court Orders Lagos Director To Forfeit N28.5M, Properties To FG

Lagos Director

A Federal High Court in Lagos on Thursday ordered temporary forfeiture of N28, 500, 000 and several houses allegedly belonging to a Director of Accounts under the Lagos State Ministry of Public Works Corporation, Anifowoshe Alade to the Federal Government. The order was sequel to an ex-parte application filed before the court by the Economic and Financial Crimes Commission (EFCC) ...

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