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Tag Archives: Ikoyi

Court orders arrest of property developer

Lagos govt agency rejects request to demolish N28m building

According to The Nation, an Igbosere Magistrates’ Court has ordered the police to arrest a property developer, Felix Ezeamama, and bring him to court on a charge of unlawful property demolition. Chief Magistrate O. O. Oshin (Mrs) issued the warrant following Ezeamama’s failure to appear in court over an allegation that he masterminded the damage of twin blocks of flats ...

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Thugs allegedly assault 91-year-old woman over Ikoyi property

Thugs allegedly assault 91-year-old woman over Ikoyi property

“The legal tussle over the ownership of two blocks of flats located at 41 Kingsway Road (now Alfred Rewane Road) Ikoyi, degenerated at the weekend when one of the defendants in the suit attacked residents with thugs and demolished the property.”- The Guardian The attack, which was carried out around 4:00a.m. on Saturday left the 91-year-old grandmother along with her ...

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Making investment decisions in real estate has become tougher…

As the economic climate bites harder, making investment decisions in real estate has become tougher

“As the economic climate bites harder, making investment decisions in real estate has become tougher. While  some have lost hope in the sector, preferring to trade in foreign exchange in view of the recent dollar surge against the naira, key industry analysts and stakeholders are still convinced that the real sector investment still holds the ace. Their position was based ...

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LASG to begin clean-up of inner streets of VI, Ikoyi, Lekki

LASG to begin clean-up of inner streets of VI, Ikoyi, Lekki

Vanguard reports that the Lagos State Government, through the Special Committee on the Clean-Up of Ikoyi, Victoria Island and Lekki will commence the second phase of the Clean-Up exercise which involves a clean-up of the inner streets of the designated areas in a fortnight time. Vanguard reports that the Chairman and Secretary to the State Government, SSG, Mr. Tunji Bello, ...

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Top 10 Hottest Fun Spots To Be In Lagos This Yuletide Season

Yuletide Season

Its less than 48 hours to Christmas, which will mark the beginning of the yuletide season. Preparations are now in full throttle and any moment from now the celebrations will be in full swing. Most fun spots in Lagos will be in competition for who gets the most attention from Lagosians from all works of life despite the MMM freeze ...

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Economic Recession: Stakeholders To Meet On Real Estate Opportunities

economic recession

The 2016 edition of the Refined Investor Series (RIS), promoted by Fine and Country International Realty will hold at the Wheatbaker Hotel, Ikoyi, Lagos next week. The programme, which is coming on the heels of Fine and Country West Africa’s 8th anniversary in Nigeria, will be chaired by the Managing Director, Standard Chartered Bank, Mrs. Bola Adesola , who will discuss the ...

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LASG Set To Demolish Shanties On The Island After Sallah

Shanties

The Special Committee on Clean- Up of Ikoyi, Lekki, and Victoria Island inaugurated by the State Governor, Mr Akinwunmi Ambode last week has concluded plans to commence the enforcement of the Environmental Sanitation and Town Planning laws in the affected areas after the Sallah holidays. The Secretary to the State Government (SSG) and Chairman of the Committee, Mr Tunji Bello ...

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Rising Number of Vacant Houses In Ikoyi Raises Concerns

monthly rent payment

There is increasing concern over the rising number of vacant houses in the highbrow Ikoyi area of Lagos with a report estimating over 70 per cent of properties therein. What could be responsible for this? Why are the properties being abandoned?  A real estate developer and Chief Executive Officer of Sujimoto Construction, Mr. Sijibomi Ogundele, said the rise in the number ...

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How Eko Atlantic Will Eclipse Victoria Island

Eko Atlantic

Eko Atlantic City has been described as the most ambitious project in Africa and Africa’s answer to Dubai. This article proves why the ongoing Eko Atlantic City project will displace Victoria Island as the new financial capital of West Africa.   Every part of Lagos has its unique character, manner of people, peculiarities, distinctive architecture and most importantly the real ...

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What you should know about Ikoyi

Ikoyi is the most affluent neighborhood of Lagos, Nigeria located on Lagos Island. It is an up-market residential island separated by a narrow waterway from Lagos Island to the west inhabited by expatriates, Nigerian military rulers or you can say it is popular with the upper class residents of Nigerian high society. It lies to the northeast of Obalende at ...

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