The Peoples Democratic Party’s (PDP) national vice chairman South South, Dr. Cairo Ojougboh has described the centenary city built during President Goodluck Jonathan’s administration as a ‘blueprint for corruption.’ According to WIKI, “Centenary City is an ambitious new project by the Nigerian Government to build a smart city along the same lines of as Dubai, Monaco and Singapore. The city ...

Africa is no longer viewed as a region of long-term economic distress, but is increasingly seen as a continent of opportunity. Africa’s population boom is creating demand for residential property, ranging from mass market affordable housing to high-end luxury properties. In a research by Knight Frank tagged “Knight Frank Africa Report”, it stated that Nigerian real estate will experience rapid ...

Providers of luxury apartments in Nigeria’s high-end neighbourhoods usually advertise the sale or lease of their properties in foreign currencies, especially the US dollar. Banana Island in Lagos is one of such exclusive neighbourhoods where the sale or lease of property is denominated in dollar. The island is the most expensive place in Nigeria and one of the most expensive ...

The Governor of Akwa Ibom state, Udom Emmanuel has intensified his call on FG’s attention to the menace of gully erosion and terrible federal roads within the state. Udom Emmanuel, has held a closed door meeting with President Muhammadu Buhari in a bid to get the Federal Government’s intervention in some issues affecting the state. He spoke with State House ...

The task of facility and property management in estates is one that is yet to hold sway in Nigeria and other developing societies in the world. However it is essential that we are aware of its importance first before there will be room for its acceptance by all and sundry. Not too long ago, we conducted a research to arrive ...

Sweden likely to see summer drop in property prices, according to reports. After a year of soaring property prices in Sweden, they either remained stable or dropped across the Nordic country last month, according to figures released by Svensk Mäklarstatistik on Monday. Apartment prices in Sweden fell by 1.0 percent in June, compared to the previous month, said the firm ...

Of all the beautiful houses, magnificent mansion, edifices, or whatever you might like to call it, that you have come across or would ever get to see and feel, did you ever think it would be easy to tag a particular building the best in the world? Well, of course someone (a house in this case) always has to get ...

The Ogun State Property and Investment Corporation (OPIC) has completed 9.4 kilometres of residential and industrial roads in Agbara Estates aimed at developing industries in the axis; easing haulage of raw-materials and finished goods to and fro scores of manufacturing industries. Speaking on the construction of roads in the estates, Taiwo Aridegbe, OPIC’s general manager, said that government had constructed ...

Shelter Africa, a Pan-African Finance institution that offers exclusive support on housing and real estate sector development in Africa, has pledged to support the construction of housing units for hundreds of civil and public servants in Ogun state government’s employ with N2 billion. Shelter Afrique, a partnership of 44 African Governments, the African Development Bank (AfDB) and the African Reinsurance ...

The Federal Capital Territory Administration (FCTA) has assured on its commitment to providing serviced land for organized private sector investors in housing so as to make housing delivery easy and accessible. John Chukwu, FCTA Permanent Secretary, gave this assurance at the opening ceremony of the just concluded Abuja Housing Show. He pledged the administration’s readiness to liaise with relevant ministries, ...