Home » Real Estate News (page 30)

Real Estate News

Queen’s school Ibadan 1984 set renovates dormitory 40 years after

Queen's school

To commemorate the 40th anniversary of their enrolment at the Queen’s School Ibadan (QSI) Apata, the 1979-1984 set of Queen School Old Girls Association (QSOGA) has expended about N8.5 million to renovate the school’s dormitory. Speaking at the unveiling and presentation ceremony recently, the captain of the set cum coordinator, MrsTolu Fasuranti (nee Tolu Kushanu), popularly known as ‘Tolu-Kush’, noted ...

Read More »

Lagos landlords seek compensation for buildings Ambode demolished

buildings

Some residents of the Igbogbo/Bayeku community in the Ikorodu area of Lagos State on Monday protested against the demolition of their buildings by the Akinwunmi Ambode-led administration. The protesters, led by the chairman and secretary of the community’s association, Jacob Arogundade and Taiwo Folarin, demanded compensation from the state government. Arogundade said out of over 700 properties that were demolished ...

Read More »

Nigeria lacks clean windows to access international property funds

Nigeria

Nigeria lacks clean windows to access International Property Funds says Principal, World Citizen Consulting, Bill Endsley. Endsley stated this at the 2-day event organised by FIABCI International Real Estate Consultant (FIREC) program held in Lagos recently. This year’s FIABCI training on International Norms for Real Estate Investment is tagged Negotiation and multi-stakeholder dialogue, he said. He stated that the idea ...

Read More »

Nigeria at 59: FG should address high-interest rate to achieve affordable housing – expert

housing

The Chief Executive Officer, Fesadeb Communications Ltd., Mr. Festus Adebayo, has identified high mortgage interest rate as a major challenge facing the housing sector in the country. Adebayo said in Abuja that at 59, the country was still at a double-digit interest rate. He told the newsmen that the situation made it difficult for the citizens to access loans from ...

Read More »

BEDC to roll out 190,000 meters

BEDC

The Benin Electricity Distribution Company (BEDC) has said that it is rolling out 190,000 meters for its customers in Edo State in the next two years. BEDC Executive Director, Commercial, Abu Ejoor, who spoke yesterday in Benin, during the media launch of Edo State Meter Asset Provider (MAP) scheme, said within two years a cumulative average of about 10,000 units ...

Read More »

Ilasamaja residents cry out for help over flood

Ilasamaja

Residents of Ilasamaja in Oshodi-Isolo Local Council area of Lagos State are sending a save-our-souls message to the state government as flood continues to batter them, and destroy property worth millions of naira. Since the onset of the rainy season, these residents have been on tenterhooks, and their anxiety reaches feverish heights anytime clouds begin to gather ahead of a ...

Read More »

Okowa okays infrastructural audit of Delta school

Okowa

Delta State Governor, Dr. Ifeanyi Okowa has approved a comprehensive infrastructural audit and mapping of all public primary and secondary schools in the state. Commissioner for Basic and Secondary Education, Mr. Patrick Ukah, who made this known at the weekend said the exercise has become imperative for government to have a critical overview of its academic infrastructure with a view ...

Read More »

Lagos communities battle developers, others over land ownership

Lagos

About ten communities in Ilupejun, Awoyaya in Ibeju-Lekki area of Lagos State have commenced legal action against Lekki Gardens Estate Limited, Skye Trustees Limited, and some elders in the communities over the ownership of a land measuring about 200.184 hectares. The battle for the land resonated after about 800 houses and properties in the area were demolished by alleged agents ...

Read More »

Lagos Police exposes five real estate scammers

real estate scammers

A five-member gang of real estate scammers, who were about to fraudulently lease out someone else’s duplex in Lekki Phase 2 to a house seeker for a sum of N4.5 million have been arrested by the operatives of Rapid Response Squad (RRS) at the point of exchange of money and keys. The names of the suspects are Abolade Oladimeji (43), ...

Read More »