Real Estate News

As traders of Elele Alimini Market, Emohua local government area of Rivers State are now counting their losses over the fire incident that destroyed goods worth millions of Naira in the market, stakeholders in the Clan have called for the establishment of a firefighting station to serve the villages. Speaking to Journalists at the scene of the incident, Maharaj Augustine ...

At least six people including four police cadets have been killed in a ghastly motor accident on Kano-Kaduna Expressway on Sunday. Confirming the incident in Zaria, Kaduna State, the Unit Commander, Federal Road Safety Corps (FRSC), Zaria, Muktar Zubairu, described the incident as unfortunate and pathetic. He said the accident involved two vehicles; a J5 bus with registration number: KMC ...

The Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) has said that the President Muhammadu Buhari administration cannot fold its hands and watch the Niger Bridge, which was built in the 1950s, to collapse. Fashola stated this while inspecting ongoing repairs and maintenance works on the Niger Bridge, adding that the Federal Government was mindful of the fact ...

To check the dearth of skilled artisans, the government should establish vocational and technical schools . This was the thoughts of experts at the public exhibition of furniture and real estate accessories, organised by IO Furniture to mark the May Day in Lagos. At the event attended by government agencies , real estate developers and allied professionals, experts lamented the ...

Babatunde Ruwase, president of the Lagos Chamber of Commerce and Industry (LCCI), has advised firms to look beyond the limitations created by the present economic situation and see opportunities for growth and inventions. Ruwase stated this during the induction of 105 new companies in Lagos last Wednesday, with a promise to provide the needed platforms for them to grow. The ...

Amid concerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand its coverage to capture the ...

Fifteen persons have been killed and four communities completely burnt down after a suspected herdsmen attack on Wednesday in a community called Numan, Local Government Area of Adamawa State. The herdsmen attack came barely three days after Boko Haram suicide bombers attacked two mosques in Mubi, killing dozens and injuring many more. The villages affected were Bang, Nyanga, Bonki and ...

A Federal High Court, Lagos, has ordered final forfeiture of N11.040 million and some property belonging to former Guard Commanders of the Nigerian Maritime Administration and Safety Agency (NIMASA), Captains Olotu Olumuyiwa Morakinyo and Ebony Emmanuel Aneke, to the Federal Government. Also affected is a company, Lakewood Garden Ventures Limited. The trial judge, Justice Sule Hassan, gave the order of ...

The African Development Bank (AfDB) says Africa needs about one hundred and seventy billion dollars annually to meet its infrastructure requirement. Prof. Vincent Nmehielle, Secretary General of the bank disclosed this at a media briefing to announce the bank’s annual meeting, on Thursday in Abidjan. “In 2016, the bank approved 7.8 billion dollars to finance investment in African continent and ...

Lagos State Government on Thursday said the phase six of the Eko Atlantic City, in Victoria Island will be completed in October 2019. Commissioner for Waterfront Infrastructure Development, Dr. Babatunde Adejare disclosed this at a ministerial press conference in Alausa, Lagos, Southwest Nigeria. Adejare stated that the flagship project designed to stand on 10 million square metres of land reclaimed ...