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Yearly Archives: 2015

How You Can Set The Perfect Price For That Property

property

Pricing a property is perhaps one of the most controversial steps to a real estate process and can often become a point of contention between property owner and a real estate agent. The difference between the time and money you’ve poured into your property and what the market says your property is worth may be far apart in your mind ...

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Nasarawa Governor Lays Foundation For N17.5bn Airport

Nasarawa Signs MoU To Construct Lafia Airport

The Nasarawa State governor, Umaru Al-Makura, on Friday inaugurated the construction of an international cargo airport worth N17.5 billion in Lafia. The governor laid the foundation stone for the project at Kwandere village, about 10 kilometres from Lafia metropolis. He said the conception of the airport was informed by the desire of his administration to create a formidable platform for ...

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Slowdown In Nigeria’s Property Market Damaging Bank’s Asset Value – AMCON

Slowdown In Nigeria’s Property Market Damaging Bank’s Asset Value - AMCON

Strong indications emerged last week that the slowdown in Nigeria’s property market for four successive quarters (from Q4. 2014 –Q3.2015) may have begun to take its tolls on the value of assets held by banks for the various facilities granted different classes of borrowers. Banking industry watchers believed the erosion of values of some of the assets acquired by banks ...

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Africa Needs $100billion Annually To Close Infrastructure Financing Gap – AfDB President

Africa Needs $100billion Annually To Close Infrastructure Financing Gap – AfDB President

The President of African Development Bank (AfDB), Akinwumi Adesina, says African countries need $100 billion annually to close infrastructure financing gap. Mr. Adesina disclosed this in an interview with the News Agency of Nigeria on Sunday in Abuja. He said that the bank had invested a lot in infrastructure, adding that the aim of the bank was to connect African ...

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Land Owners Sue Fayose, Demand N650million

housing and vehicle loan

The owners of the land acquired by the Ekiti State Government to build an airport have sued the state and demanded N650million as damages. The plantation farmers dragged the state government and Governor Ayo Fayose to court for what they described as “unlawful and forcible acquisition” of their land. In a suit number HAD/71/2015 filed before an Ado Ekiti High ...

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Nigeria’s Estate Surveyors Partner American Society of Appraisers

Estate surveyor urges FG to enforce property tax

In their bid to be globally competitive in the plant and machinery valuation practice, estate surveying and valuation practitioners in Nigeria recently went into  partnership with the American Society of Appraisers (ASA), to obtain an international certification. Though, known as valuation in Nigeria, some countries use the term, appraisal to define the act of estimating value for tangible and intangible ...

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Gbenga Daniel Urges Government To Explore Housing And Agriculture Sectors

Gbenga Daniel Urges Government To Explore Housing And Agriculture Sectors

Speaking at the Institute of Directors, IOD annual Dinner, former Governor of Ogun State, Otunba Gbenga Daniel reiterated the need to shift attention from the dwindling oil  sector, noting  that the country had attained the level where the issue of unemployment should not be a social problem considering its numerous opportunities and resources. He called on the present administration to ...

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4 key aspects of location in real estate investment

real estate investment

As in many aspects of life, the key to real estate investment can just be location. There are a few things you can look for in the area of your possible real estate investment that can tell you some important things about the possible long-term health of your potential investment. 1.  Check For Growth Is the area you’re looking at ...

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N35bn Property Seizures: Reps To Probe Activities Of NDLEA

Reps to investigate ex-minister over Abuja Land Swap Policy

The House of Representatives has ordered investigation into the activities of the National Drug Law Enforcement Agency (NDLEA) from year 2000 to date vis-a-vis the seizures and disposal and drugs, assets and properties of drug offenders. The House also urge the NDLEA to stop further destruction of seized drugs and the impending auction of the seized assets and properties of ...

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