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Monthly Archives: August 2015

Timaya Shows Off His Mansion

Enetimi Alfred Odon better known by his stage name Timaya, is a Nigerian singer and songwriter. He is the founder of South South hip hop group Dem Mama Soldiers. His solo career began in 2006 with the release of “Dem Mama”, which also appeared on his debut album, True Story released the following year. His second album Gift and Grace ...

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Ondo State Govt. to build 2 more Mother and Child Hospitals

The Ondo State Government has concluded plans to build two additional Mother and Child hospitals in its Southern and Northern Senatorial Districts. Kayode Akinmade, the state Commissioner for Information, who made this known on Sunday in a statement in Akure, said it would bring the total number of the Mother-and-Child hospitals to four.. According to the Commissioner, the government is ...

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‘Slowdown in Real Estate demand in Nigeria’ – Ajayi

There has been a slowdown in demand for real estate products and services in the country, as a result of difficulties faced in both the industry and the general economic environment in the nation in 2014. Development & Investment Plc’s Managing Director and Chief Executive Officer, Mr. Adetokunbo Ajayi stated this recently while assessing the current situation in the real ...

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ICPC seizes property, cars worth N400m from corrupt civil servants

The Independent Corrupt Practices and Related Offences Tribunal has seized property and cars worth over N400m from corrupt and wealthy civil servants. According to a report by The Punch, the agency has seized 24 property and several cars from three civil servants. With one of civil servants having 18 properties, the commission seized the property from three officials of the ...

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Chinese government buying up prime Australian real estate sites

Chinese government buying up prime Australian real estate sites

The Chinese government is buying hundreds of millions of dollars worth of Australian real estate a year, snapping up prime properties in Sydney’s CBD, North Sydney and inner suburbs. Private investors dominate China’s love affair with Australian property but state-owned enterprises from the People’s Republic bought an estimated $260 million worth of commercial real estate in 2014. The major acquisitions ...

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Amazon founder, Jeff Bezos’ Fabulous Real Estate Portfolio

Amazon founder - Jeff Bezo

Amazon CEO and self-made billionaire Jeff Bezos has built an e-commerce empire that reigns supreme in the virtual world. With an estimated net worth of $47.8 billion, he ranks as the world’s 15th wealthiest person and his real estate holdings prove just how deep his pockets are. In addition to owning cushy digs in California and New York City as ...

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NASFAT women wing urges Ambode to Make housing affordable

NASFAT housing

The Women wing of the Nasrul-lahi-l-Fatih Society (NASFAT) has urged the Lagos State Governor Akinwunmi Ambode to provide affordable housing for Lagosians. According to NASFAT, the homes sold by Ambode’s predecessor were out of the reach of the poor. Speaking yesterday during a visit to The Nation as part of its activities for the 16th Women’s Week, NASFAT National Women ...

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Cement Company of Northern Nigeria Pays N260 m to Resettle 3 Communities in Sokoto

Cement company of northern nigeria

The Cement Company of Northern Nigeria (CCNN), Sokoto state, has disclosed that it had paid N260 million as compensation to three communities that were relocated from the company’s quarry site, to Sabongida Alu community, to enable it carry out its excavation of limestone. The Managing Director of CCNN, Mr. Alf Karlsen, made the disclosure recently, while handing over facilities built ...

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Before you Purchase that Lagos Property…

Property

This article is the first of a series on the steps to be taken before you acquire a property in Lagos. From the legal frame work to the land acquisition procedures till you put paid to your real estate investment. The basic legal framework for the acquisition of land in Nigeria is the Land Use Act, Laws of the federation ...

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