The recent drop in global crude oil price and the persistent efforts of the Federal Government of Nigeria to diversify her economy and move away from overreliance on the oil and gas sector have made Nigeria a fertile ground for investments. In spite of the attempts of both Government and indigenous companies, the telecommunication, energy, tourism and hospitality, agriculture, security, ...

Resort Savings and Loans Plc says it has secured the Federal Mortgage Bank of Nigeria’s approval for N1.5bn mortgages for more than 125 beneficiaries under the National Housing Fund Scheme. According to the mortgage bank, this comes amid the struggle by the nation to tackle the challenge of providing affordable housing for its citizens. A statement from the company quoted ...

This is the third episode of Nigeria’s FIRST EVER REAL ESTATE FICTION SERIES. This series portrays the day-to-day issues faced in real estate situations by Landlords and their tenants, estate agents and their customers, and land sale issues. All these situations will be shared through the eye of OGA MARTINS. This is a series that not only entertains you, but ...

Messrs South Energyx Nigeria Limited, planners and developers of Eko Atlantic City, an emerging city being built on land reclaimed from the Atlantic Ocean located beside the popular Bar Beach on Ahmadu Bello Way, Victoria Island, Lagos, have devised their first mobile application that can be used on all new generation smart phones and Eko-pixtablets (Android and iOS platforms). The ...

In a bid to complete ongoing projects under its purview on schedules, Office of Works, Lagos state Ministry of Works and Infrastructure has doubled activities to ensure completion of the projects. Currently, schools, hospitals, courts and other public utilities are being rehabilitated while new ones are being constructed where necessary across the state. Against this background, the Office of Works, ...

Over the years, a lot of people have fallen victim of fraudsters who disguise as real estate agents and end up being swindled, with no hope of getting their money back or the property they paid for. This has given the public a poor perception of estate agents. In a bid to reverse this perception and curtail such fraudulent activities, ...

Lafarge Africa Plc and Shelter Afrique, a Pan-African housing and development institution, on Monday signed a Memorandum of Understanding to facilitate housing development on a large scale for low income earners in the country. The agreement, whose implementation will commence with the development of identified sites in Abuja, is for an initial period of four years. The terms of the ...

As the upgrading of The City Mall, Onikan, nears completion, high profile companies are already taking tenancy at the Mall. Among the newest tenants are Genesis Cinemas, a leading Nigerian cinema brand, and Playzone, a fast growing family entertainment brand in Nigeria. Both companies recently signed a contract with Ibukun Efuntayo & Company, the property manager of The City Mall, ...

Apparently disappointed over inability of the leadership of Nigeria Labour Congress (NLC) to deliver houses to them, the President, Comrade Abdul Waheed Omar, was ambushed by angry workers last week in Abuja. The incident occurred at the political debate organized by the congress ahead of the delegates meeting coming up today, where elections for new executive members would be discussed. ...

To ensure a hitch-free implementation of Ikorodu master plan when it is eventually unveiled, the Lagos State Government last week held a stakeholders’ parley with the land/homeowners and residents living within one of the fastest growing suburb of the state. The rapport, it was learnt, was one of the strategies the state has chosen to wage war against illegal development ...