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Yearly Archives: 2015

What you should know about Ikoyi

Ikoyi is the most affluent neighborhood of Lagos, Nigeria located on Lagos Island. It is an up-market residential island separated by a narrow waterway from Lagos Island to the west inhabited by expatriates, Nigerian military rulers or you can say it is popular with the upper class residents of Nigerian high society. It lies to the northeast of Obalende at ...

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Qatar: Barwa Real Estate unveils five-year business plan

Barwa Real Estate, one of Qatar’s largest listed real estate companies, announced a five-year business plan on Monday which targets a return on equity of no less than 15 per cent to the end of 2020. Under the 2016-2020 plan, Barwa is looking at QR15 billion ($4.1 billion) of capital expenditure for the next five years, according to a bourse ...

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Nigeria-USA Chamber to raise $1bn diaspora fund to help plug infrastructural gap

The Nigeria-USA Chamber of Commerce (NUSACC) has concluded plans to hold a summit where at least $1 billion Diaspora funds will be mobilised to help plug infrastructure gap in Nigeria. The 5th International Summit will take place between August 27 and 29, 2015, at Mayflower Renaissance Hotel in Washington DC, the United States. A statement by Primus Igboaka, secretary, NUSACC, ...

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UNEP tasks Nigeria on sustainable principles to void brown ecosystem

The United Nations Environment Programme ( UNEP), has urged the Nigerian financial regulatory agencies to enforce sustainable financial principles in their activities, to ensure that the country aligns with the global effort at enthroning a more prosperous world, devoid of poverty and brown ecosystem. Sustainable finance principles is one of the emerging practices that stipulates in the pursuit of profit, ...

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Lekki Gardens Parley Investors

Lekki Gardens Parley Investors

In a bid to unlock profitable ventures in the real estate sector, Lekki Gardens parley investors and stakeholders on investment opportunities. The indeginous firm made this known recently during Lekki Gardens Investment Forum 2015, which was held in Lagos with the theme; ‘Unlocking Sizable Investment Opportunities in the Nigerian Real Estate Market’. Speaking during the event, one of the guest ...

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Relocation as a last resort in the event of a disaster

Relocation is defined as a process whereby a community’s housing, assets, and public infrastructure are rebuilt in another location. Relocation is sometimes perceived to be the best option after a disaster for one or more of the following reasons: (1) People have already been displaced by the disaster (2) Their current location is judged to be uninhabitable, or (3) Relocation ...

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Ganduje promises better housing scheme for workers

Governor Ganduje Inspects Ongoing Projects In Kano

Governor of Kano state, northwest Nigeria, Abdullahi Ganduje has tasked labour unions in the state to join hands with his administration towards evolving a realistic housing scheme for workers in the state. According to a statement signed by Baba Halilu Dantiye, Director-General, media and communications to the governor, Ganduje lamented that so far, a sustainable housing scheme for the workers ...

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Nigeria inaugurates committee on conservation of energy in housing construction

Nigeria’s Federal Ministry of Lands, Housing and Urban Development has inaugurated an Inter-ministerial Committee to device ways of conserving energy in public buildings in the country. The Chairman of the committee and Permanent Secretary in the ministry, Mr. George Ossi, said on Friday in Abuja that the committee was in line with the renewed commitment of the ECOWAS Heads of ...

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REDAN, NMRC, Others Want FG to Bridge Housing Deficit with N4.9tn Fund

The National President, Real Estate Developers Association of Nigeria (REDAN), Rev. Ugochuckwu Chime, the Executive Director, Policy and Corporate Strategy, Nigeria Mortgage Refinance Company (NMRC), Mrs. Chika Akporji and stakeholders in the housing construction sector on Thursday called on the federal government to channel part of workers’ contribution into the National Pension Fund, which presently stands at N4.9 trillion to ...

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