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Yearly Archives: 2016

What You Should Know About Ikorodu Town (1)

Ikorodu town

Ikorodu Town is the second most populous Local Government Area in Lagos state with a population estimated at about 2 million people and an annual growth rate of about 10%. This article gives us useful insight to the latest addition of sprawling cities in Lagos state and probably what you never knew about Ikorodu. Ikorodu Town: ‘Ilu kekere oko ilu ...

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Property Group Unveils Plan For Agbara Estate

Property Group Unveils Plan For Agbara Estate

According the eprop.co.za, a commercial property news site, Eris property group has unveiled plans for Agbara Estate in Lagos, Nigeria. The development plans for the estate represents MAREF (Momentum Africa Real Estate Fund) and its partners Land Afrique and Eris Property Group’s commitment to investment in Nigeria and in the city of Lagos. The 100 acre development sites are expected ...

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Banks, Insurance Companies Default In Housing Contributions – FMBN

'Housing Is A Human Right' - Gimba Ya’u Kumo

The managing director of Federal Mortgage Bank of Nigeria (FMBN), Mr Gimba Kumo yesterday told the Senate that commercial banks and insurance companies have defaulted payment of their contributions to housing scheme for 24 years. He called for the recapitalisation of the mortgage banks to N250 billion to further empower the banks to meet the housing challenge in Nigeria. The ...

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How To Prevent Burglary In Our Homes

How to prevent burglary in our homes

I came across an article that addressed how to prevent burglary in our homes while surfing the the internet last weekend, and I thought to add my quota and share a slightly different view on how to prevent burglary in our homes. This should help everyone reading to raise the security level on our homes a notch higher.  A home cannot ...

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#Dasukigate: EFCC Seals Off Property Of Dasuki And Serving General

Dasukigate: Convicts Will Forfeit Property To FG – Buhari

Investigations into the alleged diversion of the $2.1billion arms fund has taken a new dimension as Economic and Financial Crimes Commission (EFCC) stormed Kaduna at the weekend, evicting occupants and sealing off property believed to have belonged to the lead suspect and former National Security Adviser (NSA), Col. Sambo Dasuki (retd) and his alleged accomplices. The property include an hotel ...

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Principal Suspect In N559.3m PENGASSAN Housing Fraud Jumps Bail

PENGASSAN Caught Up In N559.3m Housing Project Fraud

A principal suspect in the Petroleum and Natural Gas Senior Staff Association, PENGASSAN, N559.5 million housing fraud (names withheld), has jumped bail and gone into hiding as operatives of the fraud unit, Panti, Lagos, intensify investigation into the scam. NREH has earlier reported the scam that has put the umbrella body for senior staff in the nation’s petroleum industry in ...

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Owning A Rental Property: The Pros and Cons

owning a rental property

Pros and cons of owning a rental property in layman’s language simply means the favourable and unfavourable factors of owning a rental property. This article sheds more light on what ordinarily should be a worthy venture When I was an undergraduate schooling in Benin, my first overtures away from the school hostel opened my eyes to the profitability of residential ...

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2 Dead, 800 Shops Destroyed In Kaduna Market Fire

2 Dead, 800 Shops Destroyed In Kaduna market Fire

Two persons were, yesterday killed, goods and property destroyed when the popular Kaduna Railway Station Fruits Market located in Kaduna South Local Government Area was gutted by fire. The two victims were said to have been sleeping in one of the shops, while some who sustained injuries were rushed to St. Gerard Catholic Hospital, Kauri. An eyewitness revealed that the ...

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How To Avoid Bad Tenants

bad tenant

Bad tenants are a major source of worry to a typical Nigerian landlord because they can ruin in few minutes a property investment that took several years to build. This article discloses possible ways of avoiding bad tenants and making them stay clear off your property. Bad tenants are everywhere, but how does a landlord really differentiate who has the ...

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