Real Estate News

On Tuesday, Governor Akinwunmi Ambode unveiled a world class safety arena to effectively tackle problem of emergency management in the state. The Safety Arena housed all emergency government agencies and security agencies like Taskforce, LASEMA, Fire Services, among others. While speaking at the event, he said Lagos was currently grappling with the challenges of huge population like most mega city-states ...

Last Sunday was a foretaste of the agony millions of Lagosians who daily ply the Lagos-Abeokuta expressway would endure for the next six months. The congestion on the long stretch of the busy highway was the ripple effect of the blocked Pen Cinema interchange at Agege, due to the construction of the Agege-Pen Cinema flyover. On a day traffic goes ...

Perennial water scarcity has resurfaced again in Ilorin and its environs and left it’s residents in a total mess. The residents of Ilorin town would have to walk a distance to fetch water for drinking and for other domestic use. Many residents are sourcing water from motorized borehole drilled by the privileged individuals in their areas. Some residents at Emir’s ...

The recent $500 million loan secured from China for the construction of new terminals has caused a ruckus  between Federal Government and Comrade Abdulrazak Saidu, the General Secretary of the Association of Nigeria Aviation Professional (ANAP). Speaking with journalists at the Lagos Airport, Saidu insisted that the fund in which Nigeria had a counterpart funding of $100 million was grossly ...

Babatunde Raji Fashola, the minister of Power, works and Housing Development has on Monday said that president Muhammadu Buhari administration is slowly but it surely delivered his promises to the Nigerians. Fashola stated this when declared open a one-day stakeholders’ meeting on power sector in Lafia the state capital. According to the Minister, “What brings us here today is to ...

In a bid to recover a debt of N11.2 billion, Asset Management Corporation of Nigeria (AMCON ) has dragged the Olofa of Ofa Kingdom in Kwara state, Nigeria, Oba Mufutau Gbadamosi and his two companies, Zarm Poultry and Feeds Mills Limited and Zarm Stores Limited before a Federal high court in Lagos. In a statement of claim filed before the ...

The Minister of Labour and Employment, Sen. Chris Ngige has said that President Muhammadu Buhari is poised to achieve significant reduction in unemployment rates in the country, through the construction of new skills acquisition centres as well as completion and rehabilitation of abandoned centres. Ngige made the disclosure to newsmen during the groundbreaking ceremony of the Federal Specialist Skills Acquisition ...

Mr Babatunde Abdulkareem, the Head of Political Science Department (HOD), Kwara State College of Education, Oro, has advised all tiers of government to prioritise road projects in order to reduce avoidable road crashes. Abdulkareem gave this advice on Monday in Ilorin in an interview with the News Agency of Nigeria (NAN). He said that Nigeria roads needed urgent attention, adding ...

The Minister of Power, Works and Housing, Mr Babatunde Fashola signed a N4.34 Billion Memorandum of Understanding (MoU) with Dangote Group and other stakeholders for the reconstruction of Apapa Wharf Road on saturday. The project is to be funded by AG Dangote Construction Company Ltd, an arm of the Dangote Group, the Nigerian Ports Authority (NPA) and Flour Mills of ...

FirstBank of Nigeria Limited has unveiled an array of products and solutions including a N15 billion loan facility for schools to enhance preparation for the commencement of another school term this week. Disclosing this in a statement, the bank said: “First Bank of Nigeria Limited is in its usual style supporting schools with their educational requirements to enhance preparations for ...