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Agent’s Diary: My worst nightmare

Our second story in a long series of Agent’s diary dwells on the private life of a Real estate agent who happens to come from a very wealthy home. This is a sojourn into the personal life of arguably the youngest and one of the most talked about agent in Lekki; Kunle Irepodun (real names withheld). We decided to share ...

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Nigeria’s $36bn spent on construction projects is highest in West Africa for 2014

Nigeria is at the forefront of West African countries in major infrastructure construction projects in 2014, according to data from a recently released Deloitte African Construction Trends report. The report states that Nigeria spent $36.4 billion in major infrastructure construction projects for the year under review. Investment has been on the rise following the rebasing of the country’s gross domestic ...

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Affordable FMBM RockView Estate unveiled in Abeokuta

AN alliance struck between the federal authorities and a private developer, Messrs Sparklight Property Development Company Limited has brought succor to contributors to the National Housing Fund (NHF) scheme and increased the housing stock by 196 housing units in Ogun State capital, Abeokuta The scheme known as Rockview Housing Estate, close to Obasanjo Hilltop, adds to the total of about ...

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Realtors at MIPIM see opportunity in Nigeria Market

Real Estate developers across the world have been charged to see the 16 million housing deficit in Nigeria as a golden opportunity to invest. According to a statement, Vice Chairman of South Energyx Nigeria Limited, Ronald Chagoury Jr and promoters of Eko Atlantic City (EAC) project, said at a workshop session at Premier Real Estate Event in France that it ...

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Wanted Kriston Lally CEO turns self in

kriston lally

Barely a week after being declared wanted by the Economic and Financial Crimes Commission, in connection with the controversial Nigeria Labour Congress N3 billion Housing scheme for workers, the man behind the failed project has been detained by the operatives of the anti-graft agency. Vanguard gathered from competent sources in the commission that the Chief Executive Officer of Kriston Lally ...

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Architect Blames Housing Woes On Inconsistent Policies

Dolphin Estate

An architect in Port Harcourt, Leonard Ladipo, has identified inconsistency in policy as the problem of development in the housing sector in Nigeria. Ladipo who came up with this while speaking with The Tide shortly after a forum in Port Harcourt recently, noted that many past administrations that formulated various housing policies never accomplished them. According to him, the housing ...

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Senate faults sale of Ibru’s property despite owing N16.1m

The Senate on Monday expressed dissatisfaction with sale of the confiscated property of the Managing Director of the then Oceanic Bank Plc, Cecilia Ibru, by the Asset Management Corporation of Nigeria.   The Senate said the procedure was not open. This was even as AMCON disclosed that Ibru was still owing about N16.1 billion. The Senate Committee on Drugs, Narcotics, ...

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This incredible mansion is selling for $125

mansion

This mansion pictured above is gorgeous and there’s nothing wrong with it. Guess you wondering why this incredible mansion is selling for $125? Read on The owner of a bed & breakfast in Maine is handing off her property to whoever who writes the best 200-word essay and submits a check for $125. Janice Sage first came into possession of ...

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Only Mortgages can reduce housing deficit – FASHOLA

Construction chiefs canvass dialogue on housing

The Governor of Lagos state, Babatunde Raji Fashola, on Thursday said home ownership through mortgage was the only way to address the problem of housing deficit in the country. The governor spoke at the inauguration of Chois Estate, a housing estate in Lekki area of the state. NAN reports that the 420-unit estate of bungalows and duplexes was delivered by ...

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