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Imo community jubilates as work begins on Nigeria Prison site

Imo community jubilates as work begins on Nigeria Prison site

“A cross section of elders and youths of Okwu, Umuoma in Nekede Autonomous community of Owerri west Local Government Area in Imo state, have expressed joy that after years of abandonment,  the Nigeria Prison Service, NPS, has commenced work on their site.” – Vanguard Vanguard visited the area yesterday and discovered that clearing and carting away of unwanted trees in ...

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Court orders temporary forfeiture of Senator’s 12-storey building

Court orders temporary forfeiture of Senator’s 12-storey building

Premium Times says that a Federal High Court, Lagos, on Monday ordered temporary forfeiture of a 12-storey building belonging to a Peoples Democratic Party (PDP) Senator, Peter Nwaoboshi. The property located at 27 Marine Road, Apapa, is said to belong to Mr. Nwaoboshi who is senator representing Delta North Senatorial District. The court’s order was sequel to an ex-parte application, ...

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The Effect of Environmental Factors on Property Value

Canadian real estate worth several millions of dollars.

Environmental factors are largely responsible for property value. Man’s attitude towards the surrounding environment is not neutral because human beings search for locations that deliver a high quality of life. Those expectations particularly concern man’s daily surroundings, including residential areas or recreational grounds. The focus of this article is to analyse how environmental factors affect the value of properties. The ...

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FISH Programme: 30,000 houses ready for early beneficiaries

AHCN Plans N500bn Revolving Intervention Fund With CBN

According to NAN, Mrs Winifred Oyo-Ita, Head of Civil Service of the Federation, said that the Federal Integrated Staff Housing Programme (FISH) has recorded over 30,000 potential off–takers in the first quarter of 2017. Oyo-Ita said this at the 2017 FISH Housing Summit tagged: “Innovative Strategies for Affordable Housing”, on Tuesday in Abuja. She said that the programme, which was ...

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FMBN, REDAN, Shelter Afrique reach $2bn to tackle housing deficit in Nigeria

Tackling housing challenge in Lagos

Nigerian Tribune reports that in the face of a housing deficit that numbers millions of units, Nigeria is working to increase home ownership by improving access to credit and reducing development costs for low-income housing. To address this problem, the FMBN signed a memorandum of understanding (MoU) in January with the Real Estate Developers Association of Nigeria (REDAN) and pan-African ...

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LCCI inaugurates new group, tasks stakeholders on standardisation

LCCI inaugurates new group, tasks stakeholders on standardisation

“To further address concerns in the real estate sub-sector, the Lagos Chamber of Commerce and Industry (LCCI) has inaugurated a new group for the sector, even as it tasked the stakeholders on the need to embrace best global practices for sustainable growth.”- The Guardian According to the chamber, while there are prospects in the real estate sector, there are concerns ...

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Oyo-Ita to Speak on Affordable Housing at IUHF Congress in Washington DC

Buhari committed to bridging Nigeria’s 17 million housing deficit —Oyo-Ita

“The 30th World Congress of International Union for Housing Finance holding in Washington DC on June 25-27 2017 will discuss opportunities and risks of investing in mortgage debt, including cross-border investments, funding alternatives to international finances capital, and tackling housing affordability challenge. There will be high-level sessions with eminent plenary speakers drawn from different countries including Asia, Africa, America and ...

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The Impact of Mobile Technology On Real Estate Buying And Selling

Mobile Technology

The real estate industry has struggled in the past years, with a nasty recession and housing bubble threatening the industry. But surveys have shown real estate icons are some of the most satisfied in the country—and the new technologies paving the way for their success means success for anyone looking to rent, buy, or sell real estate. Whereas gaps once ...

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