UK fights foreign Dirty Money in Real estate, cites James Ibori as an example Declaring “there is no place for dirty money in Britain,” U.K. Prime Minister David Cameron said Tuesday he will take on those using shell companies to invest ill-gotten gains in London real estate. The U.K. government came under criticism this week after an official at the ...

The rising cost of renting houses in thriving Nigerian cities of Lagos, Port Harcourt and Abuja, which goes beyond the reach of potential tenants stretches the number of homeless people beyond borders. This development is worrisome in view of the huge housing deficit in Nigeria. Yet there is an increasing number of vacant homes; buildings that should have families albeit ...

In a country where only few houses are home-worthy, it shouldn’t be hard to tell a quality housing. However because of our constant exposure to economic hardship and poverty our idea of quality housing may have been compromised. So when a Nigerian says he lives in a house of high quality; a house that lives up to expectations and the ...

A man without the urge to survive is on a fast lane to the cemetery; a slow death is imminent. We are all products or manifestations of our actions and in actions, experiences, mind plays and thought process. No man was born a failure neither were some born successes, we all attempt to carve a niche for ourselves regardless of ...

The Vice President, Council for the Regulation of Engineering in Nigeria, Prof. Charles Uko, has called on the Federal Government to utilise rigid pavement in the construction of roads in the South-South region of the country due to its peculiar terrain. The slip form of concrete pavement design is being introduced into the construction of the 20-kilometre product evacuation road ...

Officials of the World Bank have expressed satisfaction with the construction of 224.62 kilometres of rural roads in Osun State by the Rural Access and Mobility Project (ORAMP). The ORAMP, which is a six-year World Bank and French Development Agency assisted project in collaboration with the Osun State Government, is seeking to improve transport conditions and bringing sustained access to ...

North Dakota, United States – Exxon Mobil donates $5m to North Dakota housing fund A subsidiary of Exxon Mobil Corp donated $5 million on Monday to a North Dakota government housing fund that subsidizes construction of low-cost apartments for teachers and emergency personnel in the state’s oil patch. XTO Energy will receive a 100 percent tax write-off for its donation ...

A developer, Cobble Hill Investment Company, has unveiled the ‘The Shoppes Mall’, which will impact positively on the retail sector of the real estate industry in Lagos. The mall, located on Market Road, Oniru, Lekki, Lagos, is an ultra-modern lifestyle shopping centre that will cater to the needs of the Oniru and Lekki neighborhoods. Designed on modern architecture principles that create a ...

Dispute over Lekki land – A proposal by the Lagos State Government, through its agency, New Towns Development Authority (NTDA) to convert the original use of a landed property located at Plot 8, Block 138, Lekki Peninsula Residential Scheme 1, Lagos State, known as NEPA Reservation for another use is raising some dust within the fast growing town. The land, ...

The Development Bank (AfDB) has approved a sum of $243m for road project within the Southern African, Zambia. The AIIB, with authorized capital of 100 billion U.S. dollars, is designed to finance infrastructure construction, as many countries do not have the capacity to fund the infrastructure upgrades they need. Impressed with the proposal to establish a China-Asian Infrastructure Investment Bank ...