The nations’ pride and edifice of international repute, the National Arts Theatre has been thrown in darkness for more than a week now over huge debts owed The Eko Electricity Distribution Company. The Eko Electricity Distribution Company PLC (EKEDC) on Sunday confirmed that electricity supply to the National Arts Theatre in Lagos was disconnected for refusal to pay over N9 ...

In as much that Africa is perceived as the poorest continent in the world, there are some cities on the continent that would make you want to have a second thought about the general perception. These cities can rub shoulders with some big cities of the world such as Madrid, Rio De Janeiro, Buenos Aires, Paris and even Tokyo. Let’s ...

The Federal Government on Thursday gave assurance that it would do everything possible to address infrastructural decay which had hindered sustainable growth of the country`s economy over the years. Mr. Babatunde Fashola, the Minister of Power, Works and Housing, gave the assurance in Abuja when he met with a delegation from the International Monetary Fund, (IMF), a statement said. The ...

Real Estate Auction Network has announced auctioning of about 150 properties including commercial and residential houses, and plots of land located in all parts of Abuja. According to the firm, the auctions will be available for bids next month. With suggested opening bid starting of N5million, the properties, including ones on central locations in the Abuja metropolis is expected to ...

The Minister of Aviation, Senator Hadi Sirika, has said the Federal Government can no longer sustain the funding of the 22 airports across the country thus they will be concessioned. The minister said the concession would start with the big four airports – Abuja, Lagos, Kano and Port Harcourt as government revenue dwindles. The minister stated this yesterday shortly after ...

Vancouver, British Columbia, residents will soon get a larger cut from the real estate shopping spree that’s taking place in their city, courtesy of wealthy overseas buyers that are snatching up property there. The British Columbian government on Monday approved a new 15 percent tax on foreign property buyers in metropolitan Vancouver, as a surge in real estate purchases by ...

The poor urban dwellers in Nigeria are made up of Low income earners or No income earners as the case may be. This article examines the variables that have relationship with the poor urban dwellers deriving residential housing satisfaction and attaining sustainable environmental quality in Nigeria, especially in urban cities of Lagos, Port-Harcourt, Warri, Calabar and Ibadan. Though it is ...

The age of first time buyers in England has increased over the past 20 years, up from 30 to 33, according to the latest English Housing Survey published by the government, according to a report by Propertywire.com. In 2014/2015 the majority of first time buyers, some 61 per cent, were aged 25 to 34 and this was similar to 1994/1995 ...

The Lagos State Public Works Corporation has commenced the construction of a major collector drain at Magodo-Shangisha to avert flooding in the area. The Chief Executive Officer, LSPWC, Mr. Ayotunde Sodeinde, said work was currently ongoing on the long stretch of the Magodo-Shagisha canal embedded in a gorge in order to ease the flow of rainwater and domestic discharge from ...

Oluwafemi Taiwo is an Internet executive, long-time entrepreneur & strategic advisor. He is the Co-Founder and Managing Director of PrivateProperty.com.ng – Nigeria’s number 1 Real Estate portal.  In this interview with Elsie Godwin of Nigeria Real Estate Hub (NREH), he reveals that selling properties online hasn’t become the magic pill for real estate marketers yet but that there has been tremendous growth ...