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Monthly Archives: March 2016

Fire Destroy Shops Worth Millions at Ikom Market

Fire Destroy Shops Worth Millions at Ikom Market

Over forty shops worth millions of naira, was gutted by fire at the Ikom market in Cross River State. The inferno, which started at about 2AM on Tuesday and was attributed to power upsurge from the public power supply, could not be contained in spite of frantic efforts by shop owners to put it out. The state fire service station ...

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Real Estate Transactions To Hit $1trillion In 2020

Real Estate Transactions To Hit $1trillion In 2020

Analysts from the real estate sector have projected that transactions in the industry would surpass $1trillion globally, by 2020. The Director Global Capital Markets Research, Mr David Green-Morgan, stated that transaction volumes would be driven by the need to cater for the aging global population investment requirements. Green-Morgan, noted that by 2050 there will be more people over the age ...

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Fayose Flags Off Ekiti State Flyover

Fayose Flags Off Ekiti State Flyover

Ekiti State Governor Ayodele Fayose has flagged off the construction of the first flyover in the state. Speaking at the ceremony, Governor Fayose explained that the flyover, which is going to be about two kilometers, would cost the State Government over N5.7 billion. Fayose, who described the 1.2-kilometre flyover project as the first of its kind in the state said it ...

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“Corruption Is The Major Cause Of Building Collapse In Nigeria”

Lekki Building Collapse

A Professor of Building at the University of Lagos and the Vice Chairman, Council of Registered Builders of Nigeria, Martin Dada, has attributed the cause of building collapse in the country to human greed and corruption. Read excerpts from his interview with Punchng Correspondent. A lot has been said about building collapse. What in your opinion are the main causes ...

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FIABCI Nigeria Embarks On Affordable Housing Campaign

FIABCI Nigeria To Hold New Year Dinner in Lagos

The Nigerian chapter of the International Real Estate Federation (FIABCI) has commenced a campaign for affordable housing with the slogan: ‘The city we need is affordable’. FIABCI Nigeria was on a panel at the recently concluded MIPIM conference discussing and sharing experiences of urban policy and housing delivery where it was represented by a past President of the Nigerian Institution ...

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Why You Need A Property Manager For Your Rental Property

property manager

If you have just purchased a stellar investment property and have decided to rent it out, do you think you would require the services of a property manager? This article sheds light on the importance of a property manager. One of the primary decisions to make is whether or not to use a real estate agent. Using a property manager ...

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Man. City Star, Raheem Sterling Slashes £300K off Asking Price For His Mansion

Man. City Star, Raheem Sterling Slashes £300K off Asking Price For His Mansion

21-year-old Manchester City winger, Raheem Sterling is looking to sell his luxurious mansion for £1.2million, £300K less than its original asking price. The home comes with a Michael Jackson-themed room, dedicated barber’s room, fully equipped gym and a spacious garden amongst other luxurious features. He bought it for £1.15million in 2013. See more photos of the mansion below:

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Soldiers At War Front Entitled To Houses After Retirement

Soldiers At War Front Entitled To Houses After Retirement

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has assured that soldiers in the war front with Boko Haram in the North-East zone of Nigeria are entitled to their own houses on retirement. According to Buratai, the Army has a housing scheme for its officers and men. The Army Chief gave this assurance in Enugu while fielding questions from journalists ...

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2016 Budget Favours Real Estate In Nigeria – Debo Adejana

2016 Budget Favours Real Estate In Nigeria - Debo Adejana

The national assembly, last week, passed the much controversial yet awaited budget. The budget passed by the Senate and the House of Representatives was 17 billion Naira lower than the figure of 6.07 trillion Naira presented by President Muhammadu Buhari to the National Assembly in December. We know that the Ministry of Power, Works and Housing got what seems to ...

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Fire Engulfs Residential Towers In Dubai

Fire Engulfs Residential Towers In Dubai

Local media reports that a huge fire engulfed at least two residential towers in the northern UAE emirate of Ajman on Monday. The fire erupted at a building in the Ajman One residential cluster of 12 towers and spread to at least one other tower, Gulf News daily reported on its website. Ajman police said one pregnant woman was hospitalised ...

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