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Real Estate

FG plans to construct 2,700 Housing Units

PM News reports that the Federal Government is planning the construction of 2,700 housing units in the short term to create 105,000 direct jobs, and increase to 100,000 housing units by 2020 to achieve sustainable development. The plan is stated in the Nigeria Economic Recovery and Growth Plan 2017-2020 (ERGP), a copy of which was obtained from the Ministry of ...

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Katsina spends N6bn on flood control

flood control

“Katsina State Government has spent N6 billion on flood control projects in 2017, the state Commissioner for Lands and Survey, Abubakar Ilu, said in Katsina on Wednesday.” – The Nation Ilu made the disclosure at the opening of 2017 Mandatory Continuing Professional Development Programme of Nigeria Institute of Town Planners. The News Agency of Nigeria reports that the theme of ...

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Lagos state reforms land administration to improve economy

Lagos state reforms land registry to improve economy

“Lagos State Governor  Akinwunmi Ambode has said reforms to reposition land administration for efficiency and ease of doing business have been put in place by his administration. These include the deployment of cutting-edge technology. Ambode made this known while inaugurating the upgraded and redesigned Land Registry in Alausa, Ikeja. The reforms, he said, were reasons for the accelerated issuance of ...

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Quant Capital to hold Real Estate Investment Trust seminar

Real Estate Investment Trust

The Guardian reports that a global investment private equity firm, Quant Capital will be hosting Real Estate Investment Trust (REIT) seminar across Nigeria in August and September 2017. The seminar, which holds in Lagos, Abuja, Port Harcourt and Kaduna would deepen the REITs market in Nigeria and provide professionals with an understanding of the real estate industry’s unique drivers and ...

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Virtual Office Business in Nigeria

Virtual office business

The virtual office business idea came from a combination of technological innovation and the information age. The concept has roots in life before (and even during) the Industrial revolution where parallels to current work styles, specifically working from home, have been drawn.  The virtual office concept is an evolution of the executive suite industry. However, the inflexibility of an executive ...

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Construction firm, NACENN, prays court to dismiss suit against it

Land fraud

“A construction firm, NACENN Nigeria Limited has asked the Enugu State High Court to dismiss the over N267m suit brought against it by the former Vice Chancellor of the Nnamdi Azikiwe University (NAU), Awka, Prof Ilochi Okafor (SAN). Managing Director of the company, Engr. Ezekiel Ezulike, while testifying in the suit before Justice H.D Eya, stated that Okafor was not ...

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Lagos flood : Lagos Assembly summons commissioner

Lagos flooding

Premium Times reports that the Lagos State House of Assembly on Monday summoned the state Commissioner for Environment, Babatunde Adejare, to appear before it on Tuesday in respect of the massive Lagos flood events on Saturday. The News Agency of Nigeria reports that the flood had affected major parts of the state, especially Lekki, Victoria Island, Ajah, Ikoyi and Lagos ...

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Stakeholders urge SON to create specialized department for building

Stakeholders urge SON to create specialized dept for building materials

“THE Building  Collapse Prevention Guild, BCPG, a non-governmental advocacy body championing prevention of building collapses in the country has urged the Standards Organisation of Nigeria, SON, to create a specialised department for building, just as it raised the alarm that more incidents of building collapse were imminent in the country except urgent necessary actions are taken to arrest factors responsible ...

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‘My errand boy sold my property for N918 million’, Mrs Atiku

‘My errand boy sold my property for N918 million’, Mrs Atiku

“Wife of former Vice President, Mrs.Titi Atiku Abubakar, has narrated to a Lagos High Court sitting in Ikeja how her former errand boy, Nsikak Akpan Jacobs, whom she made the Managing Director of her company, THA Shipping and Maritime Services, sold her property for N918 million and used the money to fund his gubernatorial campaign in Akwa Ibom State.”- The ...

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