Real Estate News

“Despite the current economic recession in the country, Nigeria remains the best place for real estate investment in Africa, Managing Director/Chief Executive Officer of Sujimoto, Sijibomi Ogundele has said. He urged global inventors to consider putting their money in Nigerian real estate sector, saying they would not regret it. Ogundele stated this, in his address, at  the IDE 10th Hotelier ...

“The Resurrection of the Lord Orthodox Cathedral Church yesterday opened a new Cathedral in Lagos. Members and non-members, including those that God used to achieve the feat attended the event.”- The Guardian The Archbishop of Orthodox Archdiocese of Nigeria, Alexander Gianniris, presided over the service tagged: “The solemn opening and first Divine Liturgy of the New Cathedral Church of the ...

According to The Guardian, building environment experts have revealed that cutting-edge technology holds key to lower house prices and increasing affordable housing stocks that could mitigate the nation’s deficit. According to them, with the latest technological invention in building construction, homes can be easily made through the use of ‘form works or aluminum mold’ down to the top without the ...

The Guardian reports that in spite of the challenging financial crisis in the country and its attendant effect on businesses, the Lagos State government has announced a revenue performance of N20.7 billion from land administrations in the last one-year. The performance, which surpassed the total revenue of N11.4 billion recorded in the previous year, came from transaction on the sales ...

According to Vanguard, Governor Godwin Obaseki of Edo State has promised to complete over 3,000 kilometres of roads in his tenure, adding that the materials for the construction of the roads  will be sourced from the state and not outside. Obaseki, who disclosed this while commissioning the newly reconstructed Nevis Street in Benin with additional four link roads, said that ...

“The Nigerian government is set to employ 47,000 people in its drive to fix roads across the country, an official has said.”- Premium Times The Minister of Power, Works and Housing, Babatunde Fashola, made this disclosure at a stakeholder’s meeting organised by the Council for the Regulation of Engineering in Nigeria, COREN, on Thursday in Abuja. Mr. Fashola noted that ...

The Guardian reports that traders at Sabo Market in Ikorodu outskirts of Lagos State were greeted with a rude shock on arrival at the market yesterday as Lagos State government officials demolished their shops. It was gathered that the demolition was carried out by the officials of the Lagos State ministry of environment on Wednesday night when all the traders ...

“The Nigerian Air Force (NAF) has ordered residents of Alagbado Community in Ilorin to vacate land allegedly encroached upon by the people. Mr Adeniyi Mathew, NAF Coordinator, 303 Medium Airlift Group (MAG), told newsmen in Ilorin on Thursday that the land was allocated to the Air Force in 1987. Adeniyi, who presented the land chart to newsmen, said that 20 ...

“An evening downpour flooded the lobby of the main building of the National Assembly on Wednesday. The area affected is the lobby of the popular ‘White House’, which houses the chambers of the Senate and the House of Representatives. According to Punch observation, the rain, which started about 6 pm and lasted for close to 30 minutes, let in water ...

According to The Nation, stakeholders in the block moulding sub-sector of the country’s building and construction industry have called on the Federal and state governments to institute a body empowered by legislation to monitor the quality of building blocks being produced in the country. They are convinced that such effort will help prevent cases of collapsed building in the country.     ...