In recent times there has been a consciousness of the role of real estate developers and real estate development by Government at all levels in relation to the growth of their respective territories. And despite the economic meltdown the real estate sector is still evolving at a tremendous pace.This article examines the challenges of real estate developers in Nigeria. There is ...

Martins was finally back on his feet after taking the fall for Aisha. It had taken him an additional two months to fully recover and he was really glad that he could again get back to his work and his life’s affairs. He couldn’t deny the fact that he had missed work a great deal. Albeit after the long wait ...

The Minister of Finance, Kemi Adeosun, has said pension funds must not be used to take direct developer risks in the housing sector. She spoke in Abuja at the Works and Housing Summit. According to Adeosun the potential role of pension funds in housing provision is much misunderstood. She said: “The pension funds have been frequently touted as a funding ...

Billionaire Facebook boss Mark Zuckerberg has annoyed locals on the Hawaiian holiday island of Kauai after he began construction of a large stone wall around his $100million 750-acre property. Zuckerberg bought the property in 2014 and later added two further parcels of land, including 393 acres at Pila’a Beach on the north shore of the island. However, the Facebook founder ...

The Federal Government is to review the National Housing Fund (NHF) and also recapitalise the Federal Mortgage Bank of Nigeria (FMBN) in order to boost access to mortgage for Nigerians. Minister of Power, Housing and Urban Development, Babatunde Fashola, disclosed this in Abuja at the National Summit on Affordable Housing. He said that government plans to embrace new technologies, by ...

The trial of the two engineers charged over the collapse of a guest house belonging to the Synagogue Church of All Nations, took a new turn on Tuesday when a video of the tragedy was shown in court. The disaster killed 116 people, mostly South Africans. The engineers are Akinbela Fatiregun and Oladele Ogundeji. The video was shown in a ...

The leadership of the Akwa Ibom State House of Assembly is seeking closer partnership with members of the Nigeria Institute of Architects, NIA. Speaker of the House, Rt. Hon. Barr Onofiok Luke made this known Monday, while playing host to the leadership and members of the Akwa Ibom state chapter of the NIA at the state assembly complex. The Speaker ...

CANADA – The federal government has announced it will invest $150 million in affordable housing in British Columbia, as real estate prices in the province continue to skyrocket. The money will be spread out over the next two years and is part of the $2.3 billion the Liberal government pledged to spend on affordable housing in the 2016 budget. Jean-Yves ...

The Rainy season is here again and people are apparently becoming aware of their environment. The rains usually come with its merits and demerits. It could get pretty messy on some days while the rain might just be the soothing relief or cooling effect needed on other days. But what does the rainy season really mean to us? What’s the ...

Minister of Power, Works and Housing, Mr. Babatunde Fashola, has unveiled plans by the Federal Government to deliver mass housing for Nigerians. Speaking at an interactive session with the House of Representatives Committee on Housing, Fashola disclosed plans to build 360 houses in three states through Public Private Partnership (PPP) arrangement in the first phase, develop “Rent to Own” housing ...