Tag Archives: Estate

Real Estate Developers Association of Nigeria, (REDAN), South-East zone, has reached a collective agreement to host a major Housing Summit and Exhibitions next month. The Summit tagged Akulueuno 2019 – will hold on Wednesday, September 4, 2019, at the Kobb Civic C`enter (Shoprite), Polo Park Mall, Enugu. The Summit packaged in collaboration with Goldspectra Communications Network promises to be very ...

Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits.   The cheaper you can acquire a property, the more attractive the ROI (return ...

A Lagos High Court sitting in Igbosere on Thursday, May 31 ruled that it cannot make any pronouncement on the 3rd Codicil an Irrevocable Power of Attorney, whose validity, as pleaded by the Defendants, is being challenged by the Claimants in the matter of the estate of Alhaji Kasali Olaleye (Deceased). Presided over by Justice Morenike Obadina, the court gave ...

An Awka High Court on Monday adjourned until May 7, the pre-trial conference in the sharing of late Sir Louis Odumegwu-Ojukwu’s estate. The Judge, Justice Dennis Mmaduechesi, adjourned the case, following the failure of Counsel to the first defendant, Mr Okwuchukwu Ugolo (SAN), to comply with the court rules with respect to change in counsel. The court also observed that ...

The fight over the estate of late Nigerian music producer and singer, Babatunde Okungbowa otherwise known as OJB Jezreel seems to be getting messier. LIB reported that the late singer’s brother, Albert Okungbowa, has sued OJB’s first wife over the 5-bedroom property. The crisis which occurred last month revealed details of how the property located on Gbaja street, Surulere, Lagos ...

The Nation reports that the management of Odu’a Investments Limited yesterday inaugurated a N500 million residential estate in Ibadan, Oyo State capital. This is the regional group’s first project for boosting real estate portfolios beyond the N7 billion mark. The project, called Ace Estate, sits on a 4,400-square metre land at highbrow Jericho Government Reserved Area (GRA). It consists of ...

Gistmania reports that residents of the popular Games Village Estate in Abuja have cried out over the blocking of their estate by Lebanese community in Abuja over development of a disputed land within the estate. Secretary of the Games Village Residents Association, Jude Uze, confirmed the development to newsmen on Thursday. His words: “Lebanese community said they have approval from ...

Sungold, a foremost Estate builder is determined with the good environment created by the current administration of President Muhammadu Buhari to build affordable houses in every part of Nigeria. “It is time builders in the country start to think outside the box to meet the housing needs of Nigerians”, Iwuayanwu, CEO of Sungold told the News Agency of Nigeria (NAN) ...

Vanguard reports that the children of a Lagos socialite, late Chief Olatunji Ajisomo Alabi, a.k.a, Lord Rumens, have filed a suit against the Bank of Industry Investment and Trust Company Ltd before a Lagos State High Court, over alleged mismanagement of their father’s N5.6billion estate.  The children who are Babatunde, Oladipo, Subuola, Awojuola, Rukayat, Olukemi and Adeola Alabi, had on ...

“The Minister of Power, Works and Housing, Babatunde Fashola, Tuesday, inaugurated the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) with a charge on the Board to reconcile the disparity between the country’s land evaluation system and the current economic realities.”- Premium Times In his remarks before the brief ceremony at the ministry’s headquarters in Abuja, Mr. Fashola ...