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Tag Archives: Lagos

There is no affordable housing in Lagos – Arc. Olayinka Dosekun

There is no affordable housing in Lagos

Our correspondent Rianat, was in an interview with Olayinka Dosekun, the CREATIVE DIRECTOR of Studio Contra Mundum. She spoke extensively about reaching clients with an equal enthusiasm for design, international collaborations and how government should tackle housing deficit in Nigeria NREH: How long has your company been in Nigeria and what are the challenges you have encountered so far? Olayinka ...

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Apex Mortgage bank set to expand their market with 50m subscribers

Mortgage in Nigeria FMBN

Amid concerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand its coverage to capture the ...

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Lagos receives $43b investment for housing, tourism, others

Lagos

The Lagos State Government on Thursday said the state received over $43 billion worth of investment proposals in the last three years. Prof. Ademola Abass, the Special Adviser, Office of Overseas Affairs and Investment, disclosed this at Alausa, during the agency’s Ministerial briefing to mark the third year in office of Gov. Akinwunmi Ambode. Abass listed areas investors had shown ...

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Construction companies, Senator docked over N805million fraud

construction companies

Senator Peter Nwaoboshi was docked before the court alongside two construction companies: Golden Touch Construction Project Ltd and Suiming Electrical Ltd by the Economic and Financial Crimes Commission (EFCC) on a two-count charge of money laundering and fraud. Justice Mohammed Idris of the Federal High Court in Lagos yesterday remanded the senator in Ikoyi prisons over an alleged N805 million ...

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Mile 2 –Apapa road lock-down: Lagos loses N42 billion monthly to traffic gridlock

Traffic congestion

The blockade of access roads in Lagos, Nigeria’s major commercial city continues unabated, as the Mile 2 axis of the Oshodi-Apapa Expressway was for a better part of Thursday, locked down. This caused total traffic gridlock on the road. Motorists were seen diverting to various routes alternative to the expressway, but the alternatives were no better, as several vehicles got ...

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Would you rather live in Lagos or Abuja?

Would you rather live in Lagos or Abuja?

There has always been controversy between Lagos and Abuja residents over which city is the most conducive to reside. Those who live in both cities never cease to share their varied opinions about this. Abuja residents always claim to be more classy and calmer than Lagosians while Lagosians on the other hand claim to be the heart of the nation. ...

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Top 5 Unpredictable Facts about Lagos

Economist Intelligence Unit

Of a truth, there are many things you cannot predict about Lagosians and Lagos state at large. Imagine a government that suddenly decides to increase tax on real properties by a whooping 400% without thinking twice about it’s implications. Stange things evolve every single day of our lives in this city of high-tension drama that it has become a normal ...

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