Real Estate News

A group has urged the Federal Ministry of Works and Housing to immediately revoke the contract for rehabilitation of some roads in Kaduna, Katsina and Zamfara states over slow pace and poor work done. The group, under the aegis of Equity Alliance, called for the revocation of the rehabilitation contracts for Zaria-Pambegua Road, Zaria- Hunkuyi- Kafur-Gidan Mutum Daya Road, the ...

In a bid to deepen the impact of its affordable housing delivery programs to a greater number of Nigerian workers within the low and medium-income bracket nationwide, the Federal Mortgage Bank of Nigeria (FMBN) has solicited for more robust collaboration with state governments. This includes stronger support and participation of states in the National Housing Fund (NHF) Scheme, provision of ...

Technology and data are finally shaking up the world of commercial real estate, allowing the industry to make more informed decisions, respond quicker to consumer trends, and take on more complex projects, says consultancy Altus Group. The Toronto-based real estate firm said that for the first time, a majority of 400 global commercial real estate executives polled said they are ...

The Borno state Executive Council chaired by Governor. Babagana Umara Zulum has approved the sum of over N800 million for the construction of two Mega schools in Njintilo and Gwange area of the Maiduguri metropolis to cater for the educational needs of the people in the environs. Briefing newsmen in his office at the Musa Usnan Secretariat Maiduguri yesterday after ...

The Minister of Works and Housing, Mr. Babatunde Fashola, said this during an inspection of ongoing federal road projects in Osun on Monday. It was reported that the Federal Executive Council had on Sept. 25, 2019, approved the reconstruction of the expressway. Fashola said that the road, covering a distance of not less than 112 kilometres would cost the Federal Government ...

The men in naval uniforms charged into the Nigerian waterfront village of Okun Glass in the morning, chased out the residents, then called in bulldozers. De facto village leader, 75-year-old Dauda Musa, said he fled as the men fired guns into the air. “They demolished our homes,” he said, standing in the rubble of what was once home to 3,000 ...

Facebook, a social networking platform, is seeking partnership opportunities with the Nigerian Communications Commission (NCC) to improve connectivity. Ibrahim Ba led a delegation from the company to a conference at the NCC on Thursday. Ba said there’s a need for further infrastructure expansion in Nigeria to fill the connectivity gap that still exists in the country. He said Facebook has ...

Delta Government on Tuesday at its Executive Council Meeting approved 11 new roads in the state for construction before the end of the dry season. Commissioner for Works, Chief James Auguye, made this known while briefing newsmen at the end of the state’s Executive Council meeting in Asaba. Auguye disclosed that the approved roads needed urgent attention as the state ...

A 60-year old woman, Mrs. Nkechi Nwafor, has been ordered by an Ejigbo Magistrate Court to be remanded in prison after she sold her younger brother’s house, including vehicles worth N18m. She was said to have carried out the act while the brother was in prison abroad, with hope that the brother would not return to Nigeria. It was reported ...

Former President of the Nigerian Senate and two-term Kwara State governor, Bukola Saraki, has urged the Federal High Court in Lagos to dismiss a suit filed by the Economic and Financial Crimes Commission praying for the permanent forfeiture of his Ilorin houses. Saraki described the suit as an abuse of court process and a move to scandalise him. He argued ...