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Tag Archives: Estate

Siblings fight shamelessly over deceased father’s Estate

estate

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 ...

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OJB Jezreel’s property causes rift between wife and OJB’s family

OJB

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 ...

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Odu’a Investments inaugurates N500m residential estate in Ibadan

Odu’a Investments

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 ...

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Lebanese block entrance to Games Village Estate, Abuja

Lebanese block entrance to Games Village Estate, Abuja

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 ...

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Nigeria’s first ever “solar powered” estate in Abuja

"It is time builders in the country start to think outside the box to meet the housing needs of Nigerians", Iwuayanwu told the News Agency of Nigeria (NAN)

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) ...

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BoI dragged to court over Lord Rumens’ N5.6bn Estate

defrauds hair care company to acquire property

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 ...

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Make properties value reflect Nigeria’s economic reality, Fashola tells estate valuers

2,700 housing units

“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 ...

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Police stalls arraignment of men who forged land documents

Women protest ‘forceful acquisition’ of ancestral land

“The arraignment of 12  persons alleged to have forged the title documents of a vast expense of land belonging to the Registered Trustees of the Estate of late Madam Efunroye Tinubu  was Tuesday stalled at a Lagos High Court sitting in Ikeja as the police failed to produce the defendants in courtroom. The defendants include Buhari Oloto, Tomori Williams, Adeyemi ...

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Firm to launch new estate, rewards partners

Firms launch N20b trust fund to boost real estate

In spite of the economic situation in Nigeria, Pazino Engineering Company, marketers of real estate products has revealed plans to launch a new estate called Celebrity Ville. The Guardian reports that the Managing Director and Chief Executive Officer of the company, Patrick Agbaza, who disclosed this at an event organized by the firm to reward its agents under the Pazino Multi-Level Marketing ...

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