Real Estate News

The federal government Thursday explained the different challenges that slowed down the pace of the Lagos-Ibadan rail construction awarded at a whopping sum of $1.5 billion, saying a lot of gas and water installations in Lagos axis constituted a major challenge. Despite the challenges, the federal government equally directed the contractor handling it, China Civil Engineering Construction Corporation (CCECC) to ...

The Federal Executive Council on Wednesday approved N72.9 billion for the reconstruction of the road from Apapa to the toll gate on Lagos-Ibadan expressway in Lagos state. Minister of Works, Power and Housing, Babatunde Fashola, made this known to State house Correspondents in Abuja after the weekly cabinet meeting presided over by President Muhammadu Buhari. Fashola said the decision was ...

CAPE TOWN – The latest Global Real Estate and Transparency Index (GRETI) has shown an improvement for 10 of 15 African countries, led by Nigeria and Kenya, an industry expert has said. The index by financial and professional services firm JLL has over the past two decades become established as the leading industry benchmark for assessing market transparency. London-based JLL ...

PVC WEEK – 2019 elections are fast approaching and our politicians are presently on the edge with rigorous campaigns and news of defections flying around the social media. We as citizens only have one way to lend our voices and make the right choice and the only way to do that, is to get our Permanent Voter’s Card(PVC). You might ...

The Federal Road Safety Corps (FRSC) in Niger said that 162 people died in various road crashes in the state in the last seven months. The sector Commander of the corps in the state, Yusuf Garba, disclosed this in an interview in Minna on Wednesday. Mr Garba said a total of 1,471 people were involved in 241 road crashes while ...

Residents and indigenes of Ogbomoso town in Oyo state on Wednesday occupied the Ogbomoso-Oyo road with a demand for the quick completion of abandoned Ogbomoso-Oyo expressway. It was reported that the residents in June this year, issued an August 1st ultimatum to the Federal Government for the completion of the abandoned expressway which they alleged had killed more people than ...

The Federal Government and the Ogun government on Tuesday signed a Memorandum of Understanding for the continuation and completion of the abandoned Ota Regional Water Supply Project. The ceremony, which took place at Arobieye- Iju in Ado-Odo/Ota council area of the state, also saw the signing of an agreement for Partnership for Expanded Water Supply, Sanitation and Hygiene. The Minister ...

The President General of Ladipo auto spare-parts market, Jude Nwankwo, has urged the newly elected executives of Aguiyi Ironsi International Market (AIIM) to sustain the peace and security achieved by the past executive led by Chief Cyril Onyemaechi. Nwankwo made the appeal at the weekend during the election of new executives of the Aguiyi Ironsi International market in Ladipo by ...

The Economic and Financial Crimes Commission (EFCC) kept the Deputy President of the Senate, Dr. Ike Ekweremadu in its Abuja facility overnight from Tuesday as he was being questioned over issues bothering on abuse of office and money laundering. Ekweremadu had arrived at the EFCC facility based on an invitation extended to him by the anti-graft agency last week Tuesday. ...

The Chairman of Isiala Ngwa South Local Government Area, Ifeanyi Isikaku has called for a probe of the commissioning of an uncompleted road that the Niger Delta Development Commission (NDDC) awarded in their local government area. Special Adviser to the President on Media, Mr. Femi Adesina commissioned the road in the company of Mr. Alex Otti, governorship aspirant, who was ...