The Lagos State government has said preliminary findings on the collapsed five-storey building in Lekki showed that it exceeded the number of floors approved by the authorities. 24 bodies were recovered from the rubble where the building collapsed, the National Emergency Management Agency said. In a statement issued by Steve Ayorinde, the Lagos state commissioner for information and strategy, the ...

This article is about the vacation homes of some of the wealthiest men in the world. These are breathtaking homes that will blow your mind. Becoming a billionaire is no easy feat, but staying sane at the top is even harder, though it’s not the same for our Nigerian politicians.  Sometimes the rich folks need a moment away from their ...

A woman’s corpse was discovered in an elevator in the Chinese city of Xi’an which has led to the detention of an elevator maintenance crew who improperly cut off power to the elevator a month ago without checking if anyone was inside or not. In a statement posted Saturday, the Gaoling district government said two maintenance workers turned off the ...

Investments with exciting opportunities for good returns abound in listed equities with strong fundamentals and low valuations and other growth sectors of the economy. Some of them are real estate, education, health and agricultural sectors. There are also investment opportunities in companies that are non-import dependent as Nigeria grapples with foreign exchange constraints. These were part of the conclusions of ...

Kwara State Governor, Abdulfatah Ahmed, has flagged off the construction of 1,000 housing units in order to provide affordable and quality housing to meet the shelter need of the populace. Speaking after laying the foundation on Monday, Governor Ahmed explained that efforts to meet the housing need of the people have not yielded fruitful result. He stressed that Nigeria housing deficits was about 17 ...

In a report released Monday, the UN Committee on Economic, Social and Cultural Rights expressed “concern about the persistence of a housing crisis” in Canada and called on Ottawa to bring in a national housing strategy that recognizes the right to housing. The committee also urged Canada to ensure homeless people and other disadvantaged groups have access to the judicial ...

Olufolarin Ogunsanwo, Head of the Lagos State Internal Revenue Service, yesterday said the agency has begun the process of overhauling its informal sector operations to ease voluntary compliance by tax payers and 3 categories of tax payers in the sector have been identified. Mr. Ogunsanwo disclosed this at the LIRS press conference held in Lagos. “His Excellency has also recently ...

Nigeria is facing a very challenging business environment with the country’s economy under strain, depreciating by over 25 per cent in the past year, leading to investors look into other sectors to put their investments into. According to analysts this might be one of the best times to look into the Nigerian real estate market. In an interview with CNBC, ...

Death toll in the collapsed building at Lekki in the early hours of today has risen to six as rescue operations by the National Emergency Management Agency, South West zone and  Lagos State Fire Service are still ongoing. “We have recovered six dead bodies so far. Six others have also been rescued alive,” Ibrahim Farinloye of the state-run National Emergency ...

Maximising your rental return is key in establishing yourself among the big players in the real estate business. It is essential to strategize or map out plan on how you can effectively maximise your rental returns. This article highlights the steps to take. If you have recently decided that you want to rent out your house but are unsure of ...