“Acting President Yemi Osinbajo on Monday said investors who need to Invest in Nigeria must seize the opportunity now to avoid regrets in 10 years when Nigeria becomes sixth or seventh largest country in the world.” Business Day Osinbajo stated this on Monday when addressed the meeting of delegates from the Nigerian Initiative for Economic Development, NEID, United States, at the Banquet Hall of the Presidential ...

“Four Local Government Caretaker Committee Chairmen were relived of their appointments. Gov. Nyesom Wike of Rivers on Monday in Port Harcourt relieved four Local Government Caretaker Committee Chairmen of their appointments. According to a statement by Mr Simeon Nwakaudu, Special Assistant to the governor on Electronic Media, the affected committee chairmen are those of Gokana, Asari-Toru, Emohua and Ogu-Bolo Local ...

The Guardian reports that Lagos State Commissioner for Housing, Gbolahan Wasiu Lawal, will officially declare open the Real Estate Investment Trust (REITs) seminar scheduled for August 17, 2017 in Lagos. Management of Quant Capital Limited said in a statement that the seminar holds subsequently in Abuja, Port Harcourt and Kaduna. It General Manager, Ken Chiazor, noted that the seminar was ...

According to The Guardian, a Federal High Court in Lagos on Monday ordered permanent forfeiture of a 37.5m dollars Banana Island property in Lagos, belonging to former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, to the Federal Government. Justice Chuka Obiozor, who gave the ruling, also ordered that the sums of 2.7 million dollars and N84.5 million realised as rents ...

“AGAINST the backdrop of deepening Nigeria’s mortgage market in order to improve access to quality and affordable homes in the country, Nigeria Mortgage Refinance Company NMRC, and Alpha Mead Development Company AMDC, a strategic business unit of a leading total real estate solutions company of Alpha Mead Group, have signed a Memorandum of Understanding MoU.”- Vanguard Model of Country Home ...

“For Nigerian local developers and potential investors living outside the shores of the country, opportunity is beckoning as Nigeria’s frontline real estate marketing and advisory firms, Fine & Country (WA), is perfecting plans to take Nigerian real estate market to the world through its Refined Investors Series (RIS).”- Business Day The series is a real estate thought leadership initiative hosted ...

As professionals and stakeholders in the Nigerian Housing Sector has always clamoured , there is no platform as strong and promising for the transformation of the Nigerian economy as the real estate/ housing development sector. In this article we unmask the future of real estate development in Nigeria. The potentials of real estate are so huge, one only needs to ...

“A Bureau de Change (BDC) operator, Ahmed Ibrahim, was yesterday arraigned before an  Ikeja Magistrates’ Court  for allegedly damaging an hotel’s property while searching for his girlfriend and her lover.”- The Nation Ibrahim, 35, of Bolaji Street, Agege, was arraigned before Mrs G.O. Anifowoshe, on a two-count charge of wilful damage of property and breach of the peace. Prosecuting Inspector ...

Business Post reports that the Council of Nigerian Institution of Estate Surveyors and Valuers has been urged to regulate values and rates of land across the country. This appeal was made by the Minister of Power, Works and Housing, Mr Babatunde Fashola, at the Ministry’s headquarters in Abuja when he received members of the Council. The delegation visited the Minister ...

Daily Post reports that the Ondo State High Court, sitting in Akure, the state capital has ordered the total closure of Ondo popular automobile market along Akure / Ilesa expressway. The court held that the State Government did not properly acquire the land before citing the auto-market on it. The automobile market was one of the gigantic projects celebrated by ...