Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Ekpo Nta, has disclosed that a Federal Pay Officer, who allegedly siphon N103m meant for three Federal Government colleges, had been selling off his properties to return the loot. Nta said while the commission had recovered N53m from the suspect, he would remain in their custody until her returns ...
Read More »Yearly Archives: 2015
Landholders and Fire Insurance Policy
Land is and has been an important commodity in every nation, Landholders ability to manage and protect their use and enjoyment of land contributes in no small measure to land development and Nation buildings. Several risks are associated with landholding in Nigeria, but the menace and fury of fire seem greater and must be given proper attention through the employment ...
Read More »Owerri Mall nearing completion, opens in November
Barring any last minute hitches, the Owerri Mall located at the old Somachi Park near the Imo State University will open in November. Coming as a joint venture involving Resilient Africa, Somachi Investments, Terrestrial Real Estate and Median Infrastructure Development Company Limited. The gross lettable area is 9,800 square metres and marketed by Broll Nigeria, the sole letting agent. The shop sizes range between 20-450 square meters and under a minimum two years lease period. Speaking during a tenants’ forum and a press briefing at the ...
Read More »Bristish government, groups oppose Cross River highway project
The Nigerian government has been inundated with complaints from relevant stakeholders and some international organisations including the British Government through their High Commission in Nigeria over the proposed super highway connecting Calabar and Obudu traversing the Cross River National Park . Uncomfortable with the proposed Super Highway project being undertaken by the Cross River State Government, a number of international ...
Read More »African Union for Housing Finance conference on housing finance holds October
The African Union for Housing Finance (AUHF), a member-based association of mortgage banks, building societies, housing corporations and other organisations involved in the mobilisation of funds for shelter and housing on the African continent will hold its conference and annual general meeting in October at the Safari Hotel & Conference Centre, Windhoek, Namibia. AUH is grounded on developing the institutional ...
Read More »Corps member rehabilitates classrooms, spends N352,000
A member of the National Youth Service Corps, Lateef Babatunde, on Friday, handed over a rehabilitated block of two classrooms to his host community in Lafia Local Government Area of Nasarawa State. The block of classrooms, a personal community development project of Mr. Babatunde, a graduate of Political Science from Obafemi Awolowo University, Ile-Ife, is one of just two blocks in Mararaban Akunza ...
Read More »Checkout this handmade family home going for £2.9m
From the bricks, hand thrown by craftsmen in Yorkshire, down to the zinc-dipped heated and specially designed towel rails, every inch of Four Oaks; a handmade family home, a six-bedroom, five-bathroom property in Little Bedwyn, Wiltshire, is masterclass. Split over four floors, the property is the epitome of the modern family farmhouse, where the old-style feel pervades – but in ...
Read More »Contractors appeal to Nigerian Federal & state government to pay debts
Contractors in the nation’s construction industry have appealed to federal and state governments to pay debts owed the firms to enable them to return to project sites across the country. Acting under the auspices of Federation of Construction Industry, the contractors claimed that in the last two years alone, debt owed them by various governments was N600 billion. The president ...
Read More »Sujimoto on a mission to change Nigerian luxury real estate market
For high end property seekers, nothing compares to luxury and comfort. But even luxury has different categories. For instance, what is luxury for someone that lives in Chelsea, London might differ from what is luxury for someone that lives in Ikoyi, Lagos. This is because describing a luxury property in London might not be comparable to ‘luxury’ in Lagos. According ...
Read More »Ireland registers second highest property price increase globally
The rate of increase of property prices in Ireland is the second highest in the world. Residential property prices in Ireland rose by 10.81% year-on-year through to the end of June, according to a study by Global Property Guide. The highest rate of increase globally was in Hong Kong, where property prices surged by 16.43% during the year to Q2 2015, a ...
Read More »