Africa’s largest producer of the building material, Dangote Cement, has cut prices of cement in its home market, Nigeria. CEO of Dangote Cement, Onne van der Weijde, said in Lagos that the price cuts to its 3X cement brand by N6,000 ($30.23) per metric tonne, translating to N300 reduction per 50kg bag, and allows Dangote to still achieve strong returns. ...

As President Muhammadu Buhari sets to constitute his cabinet, which is hoped to give direction to his economic policy, investors in the real estate sector have tasked him on the need for the review of the age-long Land Use Act and coming up with a special interest rate for housing loan. The investors contend that acting on these two factors ...

The Primary Mortgage Banks that are shareholders of the Nigeria Mortgage Refinance Company (NMRC) have approved an increase of its share capital from N1 million to N18 billion. Also, the chairman of the company and its chief Executive Officer, appraised the company’s performance at its 1st Annual General Meeting, which held in Lagos, recently, reports Bennett Oghifo Business at the ...

One of Africa’s leading property services firms‚ Broll Property Group, scooped eight awards in the Euromoney Real Estate Awards 2015‚ and was named the number one advisor and consultant in Ghana‚ Nigeria and SA. The Euromoney Real Estate Survey Awards recognise excellence in the real estate sector and the awards are based on responses to detailed questionnaires by a broad ...

A house fire incident in Lagos State, south-west Nigeria, has claimed the lives of five members of a family. According to an eyewitness, the fire broke out overnight in Lawanson area of the Nigerian commercial city. The couple, grandmother, a little baby and a girl were killed by the fire. The only boy who was rescued alive and is currently ...

REFUGEES HOUSING IN NEW ZEALAND – Canterbury parishes have joined churches across New Zealand offering support for hundreds of additional Syrian refugees. Leaders of Anglican, Baptist and Catholic churches called on the Government to increase its quota and committed to helping provide housing, resettlement and language assistance for more than 1200 additional refugees. The churches’ call comes as the crisis ...

Leisure mall was a beehive of activities which had Lagosians from all works of life besieging the place like it had become a repertoire of unbroken dreams. Every fun section of the mall had a multitude of people in attendance. The crowd there stunned Martins so much that he wondered if he must have missed an announcement on National TV ...

Taxes are known to be levies paid by citizens of a community for the services provided such as town halls, markets, roads, electricity e.t.c. The existence of taxes dates way back to the ancient communities where people pay either tribute or sweat tax to the local chiefs. Since the discovery of crude oil in the early 1960’s in Nigeria, the ...

The Lagos State Government has said that new applicants for Certificate of Occupancy on properties would be issued the document within 90 days of payment. In a statement on Tuesday, the state government said that‎ the speed is to ensure that the process of applying and getting the copy of the C of O is not only less cumbersome but ...

Beneficiaries of Mushin Housing estate under the Home Ownership Mortgage Scheme (HOMS) will be known by the end of this month, Lagos State Government has said. Ministry of Housing Permanent Secretary Mr. Olatunji Odunlami, at a meeting with the prospective homeowners on Saturday, said the project was 95 per cent completed. The Ambode administration, he said, was also restructuring the ...