Real Estate News

The Federal Capital Territory Administration (FCTA) said that it would spend about N2.6 billion on 30 roads, comprising 11.7kilometers, in Karu community of the Federal Capital Territory (FCT). Already, 700 metres of the road project, from Karu Round About to Customs Junction is being completed and would be opened for public use before the end of the week. Speaking when ...

A clash over a parcel of land between Umuemu Anam and Nzam communities in Anambra state has left several houses and farmlands burnt The tit-for-tat clash which was reportedly started by Umuemu Anam youths led to the destruction of property worth millions of naira The state’s commissioner of police has ordered for a full-scale investigation into the matter and two ...

Some motorists in Edo on Tuesday commended the Federal government for the reconstruction of the Benin-Okene road The road is a major arterial road that links the southern parts of the country with Abuja, the Federal Capital Territory, and other states in the North. Sunny Omiawele, a driver who spoke at Ekpoma, Section III (Auchi-Ehor) Dualisation Part of the Benin-Lokoja ...

The troubling question in the minds of most thoughtful real estate agents in Nigeria recently has been whether the continuous rise and use of technology in the sector take jobs out of their mouths. We are in the year 2018, and it seems the need for real live people is ever-diminishing. At malls now, there are self-checkouts instead of cashiers, ...

Chairman, Olorunda North Local Council Development Area (LCDA), Hon. Quadri Owonikoko has called on the allottees of Laro Timehin and Kobo Housing Scheme in the council area to pay the annual ground rent and premium fee on the land acquired not later than January 31st 2019 to avoid revocation. This was contained in a release issued by the Head of ...

Nigerian realtors have called on all stakeholders to ensure in-depth and thorough market research if the challenge of vacant houses littering the nation’s landscape would be effectively tackled. Presently, vacancy rates in major Nigerian cities including Lagos, Port Harcourt, Abuja, and others have been on the rise. According to them, many developers go into housing developments without undertaking extensive market ...

The governorship candidate of the All Progressives Grand Alliance (APGA) in Imo State, Ifeanyi Araraume, has vowed to recover and return to the state all lands and assets that were not legally acquired. He appealed to the people of the state to help recover Imo and put an end to incompetent leadership. Araraume said this while addressing a crowd at ...

The governorship candidates of Labour Party, African Democratic Party (ADP) and Abundant Nigeria Renewal Party (ANRP), Comrade Issa Aremu, Isa Manzuma and Abdulmumin Ajia, who spoke at a governorship debate organized by Kwara Coalition of Business and Professional Associations (KWACOBPA) in Ilorin on Tuesday, said that the state suffers from infrastructural deficit. The candidates, who said that many of the ...

Work has commenced at four locations earmarked for new pedestrian bridges in the Federal Capital Territory (FCT). The locations are in Kugbo, Nyanya Park, Kitiwe Street behind Wuse Market and Arab Contractors Road Junction, Kubwa. The four new bridges were awarded under the 2018 FCT Budget to M/S Adakhat Nig Ltd for Kugbo; Emtag Nig Ltd for Nyanya Park; Gozcon ...

The Lagos State Government on Monday lifted embargo on the grant of Planning Permit for the construction of petrol stations in the state. The government had on 26 April 2017 announced the ban on granting of permits for the construction of petrol stations in the state. At a press conference on Monday, Commissioner for Physical Planning and Urban Development, Prince ...