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Yearly Archives: 2018

NMRC urges FG to ease bureaucracy in property development

NMRC

NIGERIA Mortgage Refinancing Company (NMRC) Monday urged state governors to lighten the process of granting consent to property development. Speaking at a conference on seeking finance for the mortgage in Nigeria which held in Abuja, a director at NMRC, Mrs. Chii Akporji said modern mortgage requires certain steps that state governments need to take in order to create the enabling ...

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Alleged NLC members destroy MTN property, injures staff

NLC

Vandals suspected to be members of the Nigeria Labour Congress (NLC), had attacked various MTN offices around the country in the name of picketing and injured staff. MTN Nigeria had been involved in protracted talks with the trade union to reach an amicable decision, all to no avail. Confirming the attack and vandalisation of some properties for the company, Corporate ...

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Court urged to end property dispute between First bank and WBS

First bank

Mr. Francis Nwufoh, the Advisory Board Director, Whiteplains British School (WBS), Jabi, Abuja has appealed to the Federal High Court to find a lasting solution to the ongoing dispute on a property between First Bank Plc and the school management. The Director whose school matter was before Justice Binta Nyako of the Federal High Court equally appealed to the Economic ...

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Hotel sues 3 ex-managers to court over N45m property damage

hotel

The management of Cozy World Hotels Ltd, Acme Road, Agindigbi, Ikeja area of Lagos has dragged three former managers of the hotel before a Lagos Magistrate’s Court for allegedly damaging their properties valued at N45m, forgery of documents, stealing and threat to life. The management of the Hotel also accused the former managers of allegedly converting their properties to their ...

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Investment Co-op, BERSAMA Calls for Partnership With Real Estate Entrepreneurs Across Nigeria

Bersama Cooperative Calls For Partnership

BERSAMA, an emerging investment co-op in Nigeria is calling for Partnership with Real Estate Entrepreneurs across Nigeria. The BERSAMA Multipurpose Cooperative Society is recruiting partner organizations and enterprises to work together in a bid to expand to more states in Nigeria. We seek leaders who can champion the BERSAMA movement across 16 cities of the Nigerian federation. Are you self ...

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Actress Genevieve Nnaji completes her Estate in Abuja

Genevieve Nnaji

Nollywood star actress, and single mother of one, Genevieve Nnaji has been getting congratulatory messages from folks on her social media pages following the alleged completion of her Abuja estate. She had shared the photo of the building two years ago while it was still undergoing construction in Apo Dutse in Abuja and so decided to also share its photo ...

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Residents lament abandoned water project in Katsina

water project

The multi-million naira water project established by the administration of former governor of Katsina State, Ibrahim Shehu Shema, to cater for the residents of Kurfi Local Government has been abandoned by the present administration of Governor Aminu Bello Masari for about three years. The water scheme, which has 28 water supply tanks situated at the Kurfi Local Government Secretariat, according ...

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Expert urges FG to devout more commitment into agricultural sector

agricultural sector

An agricultural expert, Alhaji Tajudeen Olatunji, has tasked the Federal Government to double its commitment and devout more resources towards the development of the agricultural sector in the country. He said it is the only means to drive the nation’s economic growth and create more employment for youths. Olatunji, who is the Chief Financial Officer (CFO) of Onifarm Limited, made ...

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Expert says housing will reduce Nigeria’s unemployment 50%

unemployment

A real estate expert, Festus Adebayo believes that investing in the real estate sector would reduce Nigeria’s unemployment rate by fifty percent. He advised the federal government to invest the unclaimed dividends in the Pension Fund in the housing sector. Addressing journalists in Abuja, the legal practitioner and coordinator of the Abuja Housing Show noted that the real estate sector ...

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Kano varsity charges students who destroyed school property N13,000 each

school property

The Kano State Governor, Dr. Abdullahi Umar Ganduje, has approved N13,000 as being the penalty imposed on each student of the Kano State University of Science and Technology (KUST), Wudil for the destruction of the school property. The approval, which was as a result of pleas from parents and other stakeholders, was confirmed in a statement signed by the university’s ...

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