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Who truly owns Lagos?

Every man has a history so does a place. There has been various claims by some notable tribes as to who really owns Lagos, prominent amongst them are the Igbos who are the biggest investors in the largest city in sub-saharan Africa just like they are in the FCT. That would have been the same story in Calabar, Port Harcourt ...

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Essential tips for first time home buyers

home buyers

It has eventually come to that point where you feel you’ve grown out of your tiny, rented apartment and have built a career that provides a stable income. It looks like you’re ready to buy your first home! Buying your first home can be a daunting task, so we’ve provided some tips for first-time home buyers to help you enjoy ...

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Commission sharing among estate agents

commission

In selling, buying or leasing a property, you usually require the services of an agent or broker and a lawyer. Although some people conduct real estate transactions without the services of these people because of the fees usually attached, industry experts believe it is better to engage them rather than not since they make the job easier, know the going ...

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Property value and its agents

Property is a multidimensional product. Property value is dependent upon many characteristics associated with that property such as physical characteristics of property; location of the site in relation to employment centers and other recreational facilities (accessibility). In addition, the social and economic characteristics of neighborhood, including the presence of such amenities as parks, schools and community services affect value. Those ...

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Let’s talk Mortgage

A Mortgage is described by the Lagos State Mortgage and Property Law to be the transfer of any interest in a specific movable or immovable property, for the purpose of securing the repayment of a loan against an existing or future debt, or the performance of an engagement which may give rise to pecuniary liability. A Mortgage also includes any ...

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Is ‘FESTAC’ a lost cause?

What is today known as ‘FESTAC’ sprang from the 2nd Festival of Black Arts and Culture hosted by Lagos in 1977. The Festival which was under the grand patronage of former President of the Federal Republic of Nigeria, Chief Olusegun Aremu Obasanjo who was then a Lt. General of the Nigerian Armed Forces and the Head of the Federal Military ...

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An Overview Of The National Housing Policy

Challenges of housing in terms of quality and quantity appear to be the same all over the world. The needy have less access to housing while the less needy have greater chances of accessing housing. In Nigeria, housing is generally inadequate in the rural areas in terms of quality, while the major problem in urban areas is more of quantity, ...

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IDPs: Another case of homelessness

Returning IDPs To Their North-East Homes Could Trigger Fresh Conflicts - Expert

Internally displaced persons (IDPs) are people or groups of people who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have ...

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Selling Dos and Don’ts

Get out that sold sign — these selling tips will make your property a hot commodity. Don’t do major renovations before selling. Huge construction projects aren’t likely to bring you a big return when you sell. Small changes that play up your home’s assets are more likely to increase your sale price. Do provide easy access for showings Selling your ...

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Real Estate Crowdfunding

crowdfunding

The real estate business is a capital intensive one especially in a country like Nigeria where there are no proper mortgage systems and structures that make acquisition of real estate easy or convenient yet. Real estate developers, individuals and organizations have however found a way to survive in this harsh business environment and ensure that the sector doesn’t become decrepit ...

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