The management of Bohemian Estate Limited has revealed its intention to inject about $250 million into real estate development through subvention from Czech Export Bank with active collaboration of Federal Mortgage Bank of Nigeria (FMBN). The proposed collaboration would facilitate the construction and delivery of first phase of 10, 000 housing units in Gwagwalada using Assembly Building Block (ABS) technology ...

Rental value is usually a major consideration when a prospecting tenant seeks for a place to move in. Hence it is essential that a landlord ups his game if he is to lease out his property at an acceptable price. This article aims to give useful tips on how a landlord can successfully increase the rental value of his property ...

France and Japanese Government have earmarked the sum of $1 billion, about N197 billion, for the construction of mono rail project in Lagos state, aimed at boosting the state government’s effort in sustenance of its mega city status. The state government generated N101.69 billion revenues in the first quarter of year 2016 appropriation year, even as it had secured $100 ...

Lagos state government plans to build 50 housing units in each Local Government Area of the state. Disclosing this at an interview session with press men in his office, the state commissioner for housing, Prince Gbolahan Lawal, said the new policy of the state government is to build 50 housing units in each LGA across the state in order to ...

Martins walked into the MD’s office looking as pale as death.  One glance towards the MD’s desk and his hands quaked like aspen leaves in expectation of what he was to receive soon. The white envelope that would seal his fate was lying confidently on the desk with aplomb. Martins was downtrodden. Martins evasiveness  etched out the MD’S  curiousity. The ...

In order to keep up with the pace of the transformation in service delivery and e-governance policy as well as embrace global best practices in the way of doing business, the Lagos State Government has introduced the e-Planning Permit platform in order to accelerate Planning Permit processing in the State. The Commissioner for Physical Planning and Urban Development, TLP Wasiu ...

The Lagos State Government has reaffirmed its commitment to ensure zero tolerance for building collapse in the state, just as it revealed that about 500 buildings that are either defective or abandoned have been discovered, threatening to take appropriate actions on the building if the owners refuse to take ownership of their structures. Commissioner for Physical Planning and Urban Development, ...

The Nigerian retail sector is taking a big leap forward, with the unveiling of Owerri Mall in the Imo State capital, courtesy of a South African-based property developer – Resilient Africa. The property, located at Egbu Road, housing 45 trading outfits including Shoprite was commissioned in March by the Imo state Governor, Rochas Okorocha. The project was in partnership with ...

The Nigeria Mortgage Refinance Company (NMRC) has announced the appointment of Prof. Charles Okeahalam as the Chairman of the Board of Directors. He takes over from Mr. Herbert Wigwe who has been serving as Interim Chairman since May 2015, following the resignation of Dr. Ngozi Okonjo-Iweala the former Minister for Finance. Okeahalam has substantial experience in banking, finance and fixed ...

Ogun State Government has drawn the curtains on 160 units of two and three bedroom detached and semi-detached bungalows for its employees. The feat was part of the efforts by the State Government towards providing affordable housing for its workforce. Hajia Aisha Muhammadu Buhari, Wife of President Buhari, while commissioning the phase 1 of the estate, named after the first ...