Real Estate News

The Federal Government has kept to its promise to rebuild institutions in Benue State destroyed by suspected herdsmen as the Presidential Committee on Victim Support Fund has earmarked N700 million for that purpose. This was disclosed by the Executive Director of the Fund, Professor Sunday Ochoche, on Monday in Gbajimba, the headquarters of Guma Local Government Area of the state ...

The Oluwo of Iwo, Oba Abdulrasheed Akanbi, has appealed to the Minister for Works, Power and Housing, Mr. Babatunde Fashola, to reconstruct the road that links Ibadan, Iwo and Osogbo. Oba Akanbi made the appeal in his palace yesterday while commemorating the Sallah festivity. He decried the pains the road users pass through on a daily basis, along the road, ...

A property developer, Ibrahim Ayinde, who allegedly defrauded 124 accommodation seekers of N25 million, has been charged to Ebute Meta Magistrates’ Court. Ayinde, aged 39, is facing a 125-count charge bordering on conspiracy and stealing over N25 million from 124 unsuspecting property seekers, under the pretext of securing for each of the victims a 4-bedroom apartment. The Prosecutor, ASP Clara ...

LAGOS – The National Council of Registered Insurance Brokers (NCRIB) has urged the Federal Government to make its Rent-to-Own Housing Policy to enhance affordability by eliminating the need for down payments and other costs associated with normal mortgage loan arrangements. Mr. Shola Tinubu, President of the umbrella Council of all licensed insurance brokers in Nigeria, who spoke to journalists at ...

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Ahmed Dangiwa, has said. Dangiwa, who spoke with State House correspondents after a closed-door meeting with Vice President, Yemi Osinbajo, at the Presidential Villa, said the recapitalisation would boost service delivery. He said: “We came to see the vice president as ...

The National Broadcasting Commission (NBC) slammed Oyo State government over the demolition of a property belonging to a musician, Yinka Ayefele. The Music House, where Fresh FM in Ibadan was transmitting from, was demolished on Sunday morning. The Director-General of NBC, Ishaq Modibbo-Kawu, Wednesday bemoaned the act by Oyo State government as a worrisome development capable of having negative effects ...

President Muhammadu Buhari on Sunday sympathised with the victims of Jos Terminus Market where more than 200 shops were destroyed by fire. Buhari expressed his feelings in a statement issued by Malam Garba Shehu, his Senior Special Assistant on Media and Publicity, in Abuja on Sunday. Reports show that properties worth millions of naira, were on Saturday morning destroyed in ...

The Nigeria Real Estate Summit & Expo (NIRESE), in its 5th edition, is one of Nigeria’s most important real estate events and gathers the most influential players from the industry for two days of intensive sales, networking and learning through premium conferences and dedicated exhibition zones. Why visit? Find Top developers, Best Properties: Meet the nation’s top property developers and explore the most exciting ...

The Nigeria Real Estate Summit & Expo (NIRESE), in its 5th edition, has grown to become one of Nigeria’s most important real estate events and gathers the most influential players from the industry for two days of trade, networking and learning through premium conferences and dedicated exhibition zones. The Nigeria Real Estate Summit & Expo provides you a not-to-be-missed opportunity ...

The Edo State Governor, Mr. Godwin Obaseki, has assured prospective owners of housing units in the Emotan Gardens, the state government-backed 1800-unit housing project, of adequate security and ease in acquiring titles. The Emotan Gardens is an affordable 1800-unit housing project being developed by the Edo Development and Property Agency (EDPA), through a joint venture partnership with real estate firm, ...