Real Estate News

“The African Property Investment Awards (API Awards), the continent’s premier real estate competition, is set to recognise innovation and outstanding achievement across the entire property industry. It will also provide distinguished developers, suppliers and owners working in Sub-Saharan Africa (excluding South Africa) with a platform to showcase their best projects and services.”- The Nation The award is scheduled to hold ...

Acting President Yemi Osinbajo has given the Lagos state government the go ahead to reconstruct the road linking Murtala Muhammed International Airport to Oshodi in the state. Akimwunmi Ambode, the state governor, had earlier accused the ministry of works, power and housing of frustrating efforts of his administration to reconstruct the road. He had said that despite having the funds ...

“An Igbosere Chief Magistrates’ Court, Lagos, on Tuesday remanded a property developer, Felix Ezeamama, for attempted murder, armed robbery and unlawful damages. Chief Magistrate Abimbola Komolafe made the order following an application by the Officer in Charge, State Criminal Investigation and Intelligence Departing (SCIID) Panti, Lagos, Effiong Asuquo, a Chief Superintendent of Police (CSP). Asuquo, relying on Section 264 (1) ...

Do you know many tenants live in their rented apartments discontented, yet can’t show their landlords their discontentment? Well…it is normal to feel disconnected from what isn’t entirely yours. This article lists 5 signs it’s time to break up with your landlord. Just as it is with every relationship on earth, your landlord is usually all nice and dandy at ...

“The Minister of Power, Works and Housing, Babatunde Fashola, Tuesday, inaugurated the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) with a charge on the Board to reconcile the disparity between the country’s land evaluation system and the current economic realities.”- Premium Times In his remarks before the brief ceremony at the ministry’s headquarters in Abuja, Mr. Fashola ...

“The Chief Judge of Lagos State recently gave the Landlords Association of Shangisha, Lagos authorisation to enforce a 2012 judgement of the Supreme Court in its favour, after a long-drawn legal battle with the Lagos State Government over a prime piece of land consisting 549 plots. Now, the Landlords are asking everybody who did not buy land from them to ...

According to Vanguard, the National Youth Service Corps , NYSC on Tuesday appealed to the Zamfara government to allocate more land for the scheme’s agricultural programme in the state. NYSC State Coordinator, Hajiya Rahmatu Sanda, made the appeal in an interview with the Newmen at the NYSC Permanent Orientation Camp in Tsafe town, Tsafe Local Government Area of the state. ...

“In view of the progress recorded in the real estate investment REIT’s in Africa in 2016, financial experts and real estate practitioners have all expressed the hope of an improved development in 2017, next year and beyond.”- Nigerian Tribune This optimism was expressed at the just concluded inauguration of Real Estate Investment Trust (REIT) in Sub–Saharan African conference, held in ...

“IN order to overcome the housing shortage in the country, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has reiterated the need for mortgage financing options.”- Vanguard The minister in his key note address at the Nigerian Stock Exchange, NSE sub-Saharan Africa Real Estate Investment Trust (REITS) conference held recently in Lagos also stressed that the demand for advance ...

“The Incorporated Trustees of Word of Life Bible Church has asked a Lagos High Court, Igbosere, to order the state government to issue it with building permit for its plot of land in Victoria Island, having paid all necessary fees assessed by the state in respect of the planned structure.”- The Guardian In a suit marked LD/3040/14 before Justice Christopher ...