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Monthly Archives: August 2015

NEMA warns residents living in flood prone areas

IMO STATE: Following the recent prediction by the Nigerian Meteorological Agency (NIMET) on possible flooding later this year, the National Emergency Management Agency (NEMA), Imo State operations office, has warned Imo residents living in flood prone areas to be conscious of their environment and report any overflow of their river to appropriate authorities. The Imo State Coordinator NEMA, Dr Innocent ...

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United States: Nebraska’s Farm Real Estate Value Dropped with 2%

The US Department of Agriculture has reported that Nebraska’s farm real estate value and cash rent for cropland for 2015 dropped with two percent. According to Allan Vyhnalek, educator at the Platte County Extension Office, the decrease in real estate value is expected due to changing prices of corn and soybeans. In a report published by the University of Nebraska- ...

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RIVERS: N853m property destroyed, 94 killed in political violence

Destruction of property

No fewer than 95 cases of killings were reported to the Commission of Inquiry set up to investigate politically motivated killings and damage to property in Rivers before, during and after the 2015 general elections. According to a report by Daily Trust, the final report of the Commission of Inquiry came out with startling revelations which showed the killings occurred ...

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‘Properties are being over priced due to lack of market research’ – Vedelago

Dispute over Lekki land

The group managing Director of Wrothams Windsor, Richard Priye Vedelago in an interview with Paul Obi of ThisDayLive spoke about the potential of Nigerian property markets and public sector investment in properties and housing Read excerpts below: If you take a look at the property sector in Nigeria, there are speculations that the market is saturated and that there are ...

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Sijibomi Ogundele meets Dubai king to discuss Nigeria luxury real estate brand

Nigeria luxury real estate

CEO Sujimoto Group, Sijibomi Ogundele meets Dubai king to discuss Nigeria luxury real estate brand. Their meeting was strategically designed to explore investment opportunities and exchange between Nigerian luxury real estate brand, Sujimoto Construction and top Emirati architectural firms. The king of Dubai, Sheikh Mohammed bin Rashid AlMaktoum, during this meeting, heaped praises on Nigeria, describing the country as the ...

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Civic Centre Tower Showcases Nigeria’s First ‘Intelligent Structure’

Nigeria's First Intelligent Structure -

In this era where iconic buildings are utilised by visionary real estate investors to make bold architectural statements across skylines of global city hubs, one of such head-turners, Civic Centre Tower (CCT), has officially opened for business what it described as Nigeria’s first intelligent structure on the ever busy Ozumba Mbadiwe Way in Victoria Island, Lagos. Promoted by one of ...

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Lekki Gardens unveils ‘The Paradise estate’ in Abuja

An illustration of the proposed Paradise estate, Abuja

In demonstration of its quest to become Nigeria’s frontline real estate development firm, Lekki Gardens has again, unveiled its second residential estate in the Federal Capital Territory (FCT), Abuja. Christened The Paradise, the new estate is situated in the Life Camp neighbourhood of Gwarinpa, with access to major parts of the City through the Central Business District (CBD), which is ...

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1004 Estate Limited debunks allegations

1004 mismanagement

Following claims of high service charge and mismanagement by a group known as 1004 Home Owners and Residents Association in Victoria Island, Lagos, 1004 Estate Limited has debunked the allegation, saying that the firm has shrewdly manage the funds and ensure that the estate continues to function inspite of all deliberate hindrances, false accusations and black mail. The estate is the largest high-rise luxury estate in Nigeria ...

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