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 ...
Read More »Yearly Archives: 2015
Nasarawa Governor Lays Foundation For N17.5bn 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 ...
Read More »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 ...
Read More »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 ...
Read More »Fashola Should Recreate Jakande’s Housing Magic –Pastor Bassey James
Pastor Bassey James, who is the senior pastor of the Royal House of faith, Lekki, is one person that is enthusiastic to see the Jakande’s magic in mass housing re-created. He opines that doing this would create large number of jobs. In this interview, James, who is also chancellor of the Akpabiosm Centre for Leadership Development, Uyo, bares his mind ...
Read More »Land Owners Sue Fayose, Demand N650million
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 ...
Read More »Nigeria’s Estate Surveyors Partner American Society of Appraisers
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 ...
Read More »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 ...
Read More »4 key aspects of location in 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 ...
Read More »N35bn Property Seizures: Reps To Probe Activities Of NDLEA
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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