News

In a renewed effort to incorporate design, construction and operational practices that significantly reduce or eliminate the negative impact of development on the environment and people, experts have called for cooperation among professionals in the housing industry. They believe that green buildings have lower operating costs, are more efficient, future-proof, provide a higher rate of return and have been shown ...

Piqued by the alleged preference of foreign professionals and artisans over their Nigerian counterparts, the Nigerian Institute of Builders (NIOB), Lagos Chapter, is set to address the anomaly at their annual conference/annual general meeting (AGM). Addressing Journalists last week, the Chairman 2015 Conference/AGM, Mrs. Said Adenike, pointed out that the institute would use the event to make case for the ...

A university lecturer, Prof. Timothy Nubi, on Tuesday told the Federal Government to restructure Nigeria’s mortgage system to position it for better service delivery. Nubi, who is of the Department of Estate Management in the University of Lagos, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that solution to the nations’ ...

The Senate on Wednesday kicked against the N64 billion contract for the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja. The Senate, at its plenary declared that the contract sum ​wa​s “too high”. In a three-point motion by Dino Melaye (APC Kogi West), the Senate acknowledged the urgent need for a second runway at the airport, ...

The Imo State Government has concluded arrangement with the Federal Mortgage Bank (FMB) to build 2,000 housing units, comprising semi- detached duplexes and blocks of flats, for its workers in the three senatorial zones under the Imo Model Scheme. Governor Rochas Okorocha, who disclosed this to journalists at the weekend in Owerri, after a meeting with the officials of the ...

Housing specialists have added their voice to the call for the adoption of a new modern building system. The experts spoke at the launch of prototype house known as Kalsi Experience Centre by Nigerite Limited in the Lagos premises of the company. The centre consists of a duplex, which embodies the dynamism and precision of the Kalsi boards and offers ...

Two people were on Tuesday seriously injured in a partial building collapse in Abakaliki, Ebonyi state capital. The incident occurred at 4:30pm at No 9A Obiri Street near Abakpa Main Market in the heart of the city. According to witnesses, an occupant of the top floor of the two-storey building was resting on the balcony when it collapsed, throwing him ...

Nigeria has been ranked fifth in the cheapest luxury property market in the emerging market with a value of $967.03 million per square. In a survey conducted by Lamudi, a global property firm, Angola ranked first with $4. 513 billion per square while Ghana trailed with $1.169 billion. Tunisia and Indonesia emerged 3rd and 4th respectively with $1.000 billion and ...

School of Estate, Nigeria’s leading real estate school is offering a course for Real Estate Developers. The course is tagged ‘Real Estate Development Masterclass’ and it is geared towards helping Developers gain insight into development processes for various types of properties, which includes residential, commercial and industrial. Real Estate Development requires expertise in management, finance, engineering, urban planning, design, project ...

Ojukwu’s property Trial – The absence of Bianca Odumegwu Ojukwu, widow of the late Ikemba of Nnewi, Chukwuemeka Odimegwu Ojukwu, Monday, stalled the suit she filed against Ojukwu Transport Limited, OTL, and seven others before a Lagos high court. Bianca had in the suit filed on behalf of her two under-aged children, Afamefuna and Nwachukwu (claimants) wanted the court to ...