Real Estate News

“The senior pastor of the Daystar Christian Centre, Sam Adeyemi says Nigeria’s Land Use Act, must be removed for the country to unleash and attain its potentials. He made this declaration while speaking at The Platform on Saturday about “unleashing potentials for wealth creation”. Adeyemi said “the elite class makes it difficult, for example, for you to own land, which is the ...

According to Daily Trust, real estate consulting firm, JLL, has launched phase one of its online commercial property portal to the Nigerian market. At the launch event in Victoria Island, Lagos on Wednesday, officials of the global company explained that the platform was exclusively designed and aimed at simplifying the commercial selling process by giving prospective buyers access to a full ...

“The Electric Power Sector Reform Act that was passed in 2005, which serves as Nigeria’s electricity reform law, is one of the best in the world and is almost perfect, the Minister of Power, Works, and Housing, Babatunde Fashola, has said.”- Punch He stated this at the 2017 Power Africa Nigeria Conference in Abuja on Thursday, adding that nothing was ...

According to The Nation, the Lagos State Government yesterday said at least 500 Certificates of Occupancy (C of Os) are approved monthly by Governor Akinwunmi Ambode to scale up provision of housing and create a conducive environment for businesses to thrive. Commissioner for Physical Planning and Urban Development, Abiola Anifowose, who stated this while addressing a news conference in Alausa ...

“A Lagos High Court Judge, Justice M.A Savage has ordered that court papers filed in the suit alleging gross mismanagement of the estate of late Philanthropist, Chief Olatunji Ajisomo Alabi by the management of Bank of Industry Investment and Trust Company Ltd, be served on the Managing Director of the company, Mrs Betsy Obaseki through the company’s secretary.”- PM News ...

“Justice Abdulazeez Anka of the Federal High Court, Ikoyi, Lagos yesterday affirmed the interim forfeiture of a property belonging to representative of Delta North in the Senate, Peter Nwaoboshi.”- The Guardian Justice Anka had, on April 24, 2017, granted an interim forfeiture of the said property, a 12-floor high rise building to the Economic and Financial Crimes Commission (EFCC). Counsel ...

After the wedding comes the honeymoon, right? Many of us look forward to this because it is a one time experience, sort of. This is why the decision on where to spend your honeymoon becomes one of the most important wedding decisions. Below are some responses of single and married people: Ayokunle Onipede, who is a married man told us ...

“Amid pockets of social instability in different parts of the country, land prices have continued to rise in most regions while prices of office spaces and houses were affected negatively in Nigeria’s real estate market within the first half of this year.”- The Guardian According to a report released by Northcourt real estate for the half year performance of the real estate management , the ...

The Nation reports that real estate stakeholders have called for the implementation of international standards in their business. They spoke  at the yearly conference of the Nigeria Institution of Estate Surveyors and Valuers (NIESV), Lagos State chapter. Its theme was: Standardisation of valuation reports in Nigeria. Nelson Thorpe Alonge Chartered Surveyors and Estate Valuers Senior Partner/Chief Executive Officer Victor Alonge said ...

PM News reports that no fewer than 2000 farmers in Awe Local Government Area of of Nasarawa State have received full compensation for ceding their lands for the construction of the Dangote Sugar Company in Tunga community. Alhaji Aliyu Ibrahim-Shuaibu, the Emir of Tunga, confirmed the payment of the compensation while speaking with newsmen in Lafia on Wednesday. The News ...