Real Estate News

As part of efforts to contribute his quota to the development of infrastructure especially in the education sector, a philanthropist and Vice Chairman of Esan Development and Transformation Initiative, Dr. Dolly Afe Okogie, has commenced the construction of a 100-room hostel at the Ambrose Alli University (AAU), Ekpoma. Okogie, who was recently conferred with a honorary degree of Doctor of ...

Experts in the built environment have said investment in innovative construction products will curb the incidence of building collapse in the country. They noted that with the recurring cases of building collapse in the country and deadly portholes on the roads, it had become necessary to leverage innovative products that would extend the lifespan of houses and roads. At a ...

Goods worth millions of naira were, on Sunday, destroyed by fire, which wreaked havoc on over 30 shops in the Owode-Onirin Market along the Ikorodu Road, Lagos State. The fire, which started from one of the shops in the metal section of the market, spread to other shops and destroyed goods worth millions of naira. The shop owners were left ...

The Nigeria Institute of Architects (NIA) has frowned at the low life span and quality of buildings across the country, which in most cases lasts between 20 to 30 years. The new president of the institute, Sunny Echono who stated this at the weekend noted that a building that is designed and constructed with good materials should last for 100years. ...

The House of Representatives has directed the Ministry of Works and Housing to implement the National Building Code in order to regulate construction as part of efforts to curb the rising incidences of building collapse in the country. The House also directed the ministry to liaise with the Building Collapse Prevention Guild to carry out assessment of buildings prone to ...

Justice T.G Ringim of Federal High Court sitting in Owerri, Imo State has sent one Chikere Felix Ibeawuchi to prison over land fraud worth over five million naira. Ibeawuchi was arraigned before the court by the Economic and Financial Crime Commission, EFCC on one count charge bordering on obtaining by false pretence to the tune of N5,500.000, (Five Million, Five ...

Bukola Saraki, former president of the Senate, has raised alarm over an alleged move by the Economic and Financial Crimes Commission (EFCC) to seize his house in Ilorin, Kwara state.  Saraki claimed that the anti-graft commission had filed a process at a Federal High Court in Lagos on Wednesday, November 27, praying for an interim order for the forfeiture of ...

Introduction  Shelter or Housing is one of the very important, basic needs of mankind. Unfortunately, the acquisition of Land and Houses continue to be a herculean task; principally due to an ineffective Land Tenure System, with a double-digit interest rate financial environment. The now-repealed National Housing Fund Act Cap. N45, which created the National Housing Fund to assist with the ...

Imo State Government says it has awarded over N40 billion contracts for the rehabilitation and reconstruction of dilapidated roads in the state. The state Gov. Emeka Ihedioha made the disclosure at a media parley in Owerri on Monday. He said that 25 road contracts had been procured, with the first 19 already finished, while 15 per cent of the mobilisation ...

The Lagos State Government says it plans to restrict the movement of heavy-duty trucks during the day, so as to ease traffic on the roads. Lagos State Governor, Babajide Sanwo-Olu made this known on Monday at the Lagos House, Ikeja, when a team from the Nigerian Breweries Plc paid him a courtesy visit. Sanwo-Olu said that the government had been ...