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Yearly Archives: 2015

Toronto real estate market approaching “risky levels”

Toronto real estate market

For many in Toronto, buying a single-family detached home is a pipe dream. With the average price of these properties hovering around $1 million, breaking into the current housing market is a difficult task. On Monday, RBC released its quarterly housing trends and affordability report. It details how affordability for detached homes is inching closer to “risky levels” in both ...

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Before you Purchase that Lagos Property – 3

housing loan

This is the last part of the series – Before you purchase that Lagos property. Last week we talked about the Acquisition/Purchase proper when it comes to property acquisition in Nigeria with reference to Lagos. Here is the concluding part: EFFECT OF NON-REGISTRATION Where documents created over a land transaction are not registered it renders such documents inadmissible in a ...

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The BROUHAHA of OGA MARTINS 2.0 | Chapter 8

The Brouhaha of Oga Martins 2.0|Chapter 8

If Deji were a stranger to Martins, he would have thought he ran a shrine in his apartment. His living room looked like it had suffered from a tremor, while the female who was lying in a pool of her own blood appeared lifeless. Deji was indeed full of surprises and if Martins had a premonition of the dangers that ...

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FG Moves to Reduce Cost of Housing Delivery by 30%

Reduce Cost of Housing Delivery by 30%

The Permanent Secretary, Ministry of Lands, Housing and Urban Development, Mr. George Ossi, on Monday said government is developing a blueprint to reduce cost of housing delivery by 30%. The disclosure was contained in a statement, signed by the Ministry’s Director of Public Affairs, Mr. Ajibola Adedeji, in Abuja. Ossi in the statement, averred that government will intervene through the provision ...

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Rivers opens arm to private investors in the housing sector

private investors in housing sector RIVERS

The Rivers State Commissioner of Housing, Barr. Emma Okah, has emphasised the need for private investors in the housing sector to take full advantage of the government’s liberal housing policy of the Governor Nyesom Ezebunwo Wikes’ administration. The Housing Commissioner stated this in a press release recently, noting that the state has huge deficit in housing that needs drastic intervention. ...

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SPAR supermarket set to open in at Lifecamp, Abuja.

Spar Supermarket Abuja

People of Gwarimpa and its environs in Abuja can look forward to better times, as their shopping stress will be alleviated by the coming of SPAR supermarket to Lifecamp, Gwarimpa Abuja. Artee group, the operators of SPAR supermarket recently signed a lease agreement with Topwide Ventures Limited for 3000sqm space as the anchor tenant in the ongoing Mountview shopping centre ...

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Mixed reaction on Dangote’s plan to build new cement plant in Zimbabwe

Dangote acquires $12b foreign gas firm

Zimbabweans have taken to social media to express mixed views following indications by Nigeria’s Aliko Dangote that he plans to invest in the southern African country. Dangote, who is considered Africa’s richest man, said on Monday he planned mining and power generation projects for investment-starved Zimbabwe, as well as to set up a large cement factory. This came after he ...

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Probe PTF’s abandoned road contract, Lawmaker urges Buhari

probe PTF road contract

A lawmaker representing the Arochukwu/Ohafia Constituency in the House of Representatives, Uko Ndukwe Nkole, has urged President Muhammadu Buhari to probe the circumstances that lead to the abandonment of the Ohafia-Arochukwu Road rehabilitation contract awarded by the defunct Petroleum Trust Fund (PTF) during Buhari’s tenure as chairman. Nkole raised questions on the issue when he undertook an inspection of the road, which ...

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Landlord burns tenant’s 3-yr-old son to death in Ogun

landlord burns tenant

The Ogun State police command have arrested 65 year old landlord, Joseph Olaleye (pictured above) for allegedly setting ablaze the 3 year old son of his tenant Abdulahi Razaq at his residence in Olowosatide, Owode Ijako Ota in Ado Odo Otta LGA of the state on Monday August 30 The accused and the deceased father were having an argument when ...

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