The two engineers who constructed the collapsed seven-storey guest house of the Synagogue Church of All Nations — Akinbela Fatiregun and Oladele Ogundeji — were on Today in Lagos granted N20million bail. An Ikeja High Court gave the ruling at the hearing of the bail application for the engineers. Justice Lateef Lawal-Akapo said:”The bail application hereby succeeds and here are the ...

The Federal Mortgage Bank of Nigeria has said contributions to the National Housing Fund reached N191.9bn in March. The Acting Managing Director, FMBN, Mr. Richard Esin, stated this at the ongoing 15th Lagos Housing Fair, where he was represented by the Lagos Zonal Coordinator of the bank, Mr. Yusuf Yinusa, adding that the money came from 4.14 million registered contributors ...

North-South arterial highways, which include the Ilorin-Jebba-Mokwa road and Lagos-Ibadan Expressway, are top on the list of 206 road projects that the federal government will concentrate its energies and finances on in 2016, Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said. Fashola said his ministries had proposed a budget of N433 billion to the National Assembly, out ...

The federal government has committed N44 billion to the development of social housing in the 2016 budget, in fulfillment of its proposed plan to build one million housing units across the country yearly. Prof. Mohammed Al-Amin, Managing Director of Federal Housing Authority (FHA), disclosed this when he visited the Turkish Embassy in Abuja, as a follow-up to the recent visit ...

Employees at Binladen Group – a major construction firm in Saudi Arabia, set fire to nine company buses in protest over thousands of sackings and unpaid salaries. They had staged several demonstrations within Saudi Arabia’s Mecca region in recent weeks, with some workers claiming they have not received their wages after months of unpaid labour. To fuel their anger more, ...

A Sydney property owner has made a staggering $200,000 profit on his one-bedroom apartment in Randwick, after it was auctioned off on Saturday. The property was bought off-the-plan for $525,000 two years ago and ended up selling for $758,000, reported The Daily Telegraph. Bidding on the property, located at 3/201 Barker Street in Randwick, opened at $700,000 and rose in ...

Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, reported a jump in first-quarter profit after collecting payments from pre-sold projects and boosting sales in the emirate. Net income rose to 1.21 billion dirhams ($329 million), or 17 fils a share, from 1.03 billion dirhams, or 14 fils, a year earlier, the Dubai-based company said Sunday. That ...

Following the dearth of housing supply and rising demand, estate surveyors and valuers have urged the Federal Government to ease land administration by reviewing and enacting title registration laws in the country. The surveyors, under the umbrella of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), in a proposal to the Minister of Power, Works and Housing, Mr. Babatunde ...

The Nigeria Labour Congress (NLC) in Sokoto State says it will build 3,050 housing units for civil servants in the state. The state Chairman of the NLC, Mr. Aminu Umar, disclosed this in Sokoto on Sunday at the 2016 May Day Celebrations. Umar, who was represented by his Deputy, Mr. Abubakar Malami, said that the houses will be built in ...

The Nollywood star, Tonto Dikeh, has attained new heights as she was revealed as an ambassador of a housing and property agency in Abuja, The Nigerian Unity Museum & Trade Tourism Village (NUMATVILLE) on the 29th of April, in a deal reportedly worth millions. She announced the deal on her Instagram page, showing her delight to be a part of “promoting national ...