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Yearly Archives: 2015

Former AGF, Aondoakaa loses bid to claim N50m Abuja property

Former AGF property case

A former Attorney General of the Federation, AGF, Michael Aondoakaa, on Monday lost the bid to claim a N50 million property at the Abuja Prince and Princess Estate. Mr. Aondoakaa, and his brother, Ordoo Aondoakaa, were locked in a legal tussle with an Abuja-based business man, Friday Audu, over the ownership of a two-bedroom house in the estate. Claiming to ...

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Bayelsa Group Gives APC 15-day Ultimatum to Vacate Property

Mangrove Boys Brigade

A youth group, the Mangrove Boys Brigade of Bayelsa State, has given the state chapter of the All Progressives Congress (APC) a 15-day ultimatum to vacate the property it is using as state secretariat or face the wrath of the people. And to show its seriousness, the group has said that it has officially written to President Buhari, urging him ...

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Detached houses Vs Semi detached houses

Detached houses Vs semi detached houses

A detached house be it a flat, duplex or bungalow in some parlance, is a stand-alone, one-family residence, while semi-detached properties on the other hand are often mirror images of each other. They consist of pairs of houses built side-by-side or (less commonly) back-to-back, sharing a common or party wall. In England, certain other parts of the United States, and ...

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Fresh offshore investment window opens in UK property market

offshore investment

The property market expects exciting moments, starting today, as Wrothams Windsor, Nigeria’s leading property adviser and real estate investment  company, and The Berkeley Group, UK’s number one property developer, will be unveiling three exclusive developments in Lagos and Abuja, offering fresh offshore investment opportunities to Nigerians wishing to move cash to UK market. The launch schedule for August 12 and ...

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The BROUHAHA of OGA MARTINS 2.0 | Chapter 5

The BROUHAHA of OGA MARTINS 2.0 | Chapter 5

Martins was beginning to feel a sudden ecstatic pull towards his job. He now had every reason to believe he was destined for greatness. The dream he had that first night he spent at Deji’s apartment was gradually coming to fruition. The prophet did see a vision of him after all. Why God had chosen him for the biggest deal ...

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Lagos Ministry of Environment to combat street trading in the metropolis

ambode and law against street begging & hawking

The Lagos State Government says it is set to combat the menace of street trading and hawking within the metropolis. This, the Ministry of the Environment noted in a statement, was part of efforts to attain a cleaner and healthier environment. The Permanent Secretary in the ministry, Mr. Oluwatoyin Onisarotu, was quoted as saying that traders that failed to abide ...

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“Cement standard is not responsible for building collapse”

Cement standard

LafargeHolcim says it has developed a technical training programme for members of the Nigerian Institute of Building and construction artisans to enable them acquire relevant skills to check the menace of building collapse in the country. The representative of the company, Tope Arowolo, who spoke at the 45th Builders’ Conference and Annual General Meeting of the NIOB held at the ...

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CANADA: Housing starts decline in July, below CMHC estimates

The Canada Mortgage and Housing Corp. said Tuesday that the pace of new home construction slowed in July for the first time in three months, mostly as a result of fewer multi-unit projects started in urban areas – particularly Calgary. CMHC says the seasonally adjusted annual rate last month was 193,032 units nationally, down from 202,338 units in June. Regionally, ...

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Nigeria mortgage agency seeks approval to raise capital

Nigeria mortgage agency

Nigeria Mortgage Refinance Company (NMRC) will seek approval from members by month-end to raise additional equity capital of 28.5 billion naira ($143 million) through a shelf registration programme, the state-backed mortgage agency said on Monday. NMRC set a price range of 4.50 to 7 naira per share for the first tranche of equity to be raised under the programme worth ...

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