The Ogun State Property and Investment Corporation and Lafarge Africa Plc have unveiled an affordable housing estate in Sagamu, known as New Makun City. At the unveiling of the estate, the Chairman, Board of Directors, OPIC, Mr. Adekunle Adesina, said that in building the estate, the corporation keyed into the Governor Ibikunle Amosun administration’s vision to provide affordable housing for ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has vowed to sanction any practitioner who engage valuation service informally without proper registration with the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON). Delivering a speech in Calabar, last week during its 22nd John Wood Ekpenyong Memorial Lecture/Fellows’ Induction ceremony, Chairman of the Board, Mr. William Odudu appealed to such practitioner ...

Nigeria’s Trade Union Congress, TUC, on Sunday blew hot over suggestions by some lawmakers in the country that the accumulated pension funds supposedly meant for workers be deployed for infrastructure development. The TUC said it condemns such suggestion and that it has repeatedly made its position on the issue very clear and this is that “the pension scheme was informed ...

The Minister of Transportation, Rotimi Amaechi, said on Friday that the Lagos-Kano Rail project would be completed in the next two years. Mr. Amaechi, who said this while inspecting the Abuja-Kaduna rail project in Kaduna, added that it would generate employment for 250,000 Nigerians. He said the ongoing rail project from Lagos-Kano and Lagos-Calabar would generate more employment than the ...

The Economic and Financial Crimes Commission, EFCC, yesterday filed an 11-count charge of fraud, money laundering and others against former Minister of Interior, Abba Moro, and three others- a former Permanent Secretary, Anastasia Daniel-Nwobia, F. O. Alayebami, Mahmood Ahmadu and Drexel Tech Nigeria Ltd. According to the count charge by EFCC, Abba Moro and the three others used the N676.675 ...

According to reports Robert Kardashian bought a 4,256 sq. ft 4 bedroom home for $2.285 million in Calabasas within the gated Oaks neighborhood with the help of his mum, Kris Jenner who helped out with the purchase, which is under the family trust, and it closed a week ago The Kardashians have quite the compound going — Rob, Khloe, Kourtney, ...

Veteran Nigerian rapper and CEO of Rugged Records, Michael Stephen popularly knows as RuggedMan has landed an endorsement deal with a real estate company, Numatville Megacity. The deal will see the rapper go home with a plot of land worth N50 million. The endorsement is an initiative of Akin Olowookere, former Board Chairman of Ondo State Land & Housing Corporation, ...

Unbelievable but true! The Fuggerei is the world’s oldest social housing complex still in use. In this truly magical place, rent hasn’t been raised since the year 1520. After minting coins for the Vatican and making a name for himself as one of Europe’s greatest early entrepreneurs, Jakob Fugger (aka “Jakob the Rich”) turned his eye toward those in need. What emerged from this vision ...

The Senate Committee on Federal Capital Territory, has given the Area Councils in the capital 21 days to clean up parks, markets and the entire FCT or face sanction. The Chairman of the Committee, Dino Melaye (APC Kogi West), gave the directive when the committee met with the chairmen of the six area councils in the territory. Mr. Melaye said ...

The House of Representatives on Monday despatched a letter to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, asking her to explain how she extended contracts for crude oil worth $24bn without valid agreements. The Chairman of the House Ad hoc Committee on Crude Oil Swap, Mr. Zakari Mohammed, confirmed on Monday that a letter had been sent to Alison-Madueke ...