Real Estate News

Suspected land grabbers have allegedly attacked some Ekiti State University students living in satellite towns in Iworoko-Ekiti in Irepodun-Ifelodun Local Government Area. According to Punch , a yet-to-identified female was said to have been almost strangled to death as 50 cell phones of the students were alleged to have been snatched by the hoodlums who were bent on forcefully taking over ...

Senator Musiliu Obanikoro, a former Minister of State for Defence, has sued the Economic and Financial Crimes Commission (EFCC) at the Federal High Court, Lagos over the seizure and detention of his property. According to The Guardian, The ex-minister and his family are seeking a court’s declaration that the forceful seizure of their personal effects constitutes a gross violation of ...

According to The Guardian, the awaiting inaugural West African International Petroleum Conference and Exhibition (WAIPEC) opened doors to delegates and visitors today (February 22) with a two-day first-class conference programme and exhibition, specifically developed to provide real value and insight for delegates and visitors from across the industry. The Guardian also reports the conference programme, according to the organisers, is ...

Prof. Kimse Okoko, former President of the Ijaw National Congress (INC), has warned of an imminent danger in Bayelsa State, except Governor Seriake Dickson annuls a land deal with the Fulani herdsmen. According to The Guardian Okoko told journalists in Port Harcourt yesterday, that the 1200 hectares of land that he allocated to them was defective because 75 per cent ...

“A Lagos landlord, Engr. Babatope Bejide has filed a contempt
proceeding before a Lagos High Court, Igbosere seeking to commit to prison, the chairman of the Lagos land grabbers’Committee, Mr. Jide Bakare. The plaintiff has raise form 48, which is the notice of consequences of disobedience to court order, warning that Bakare stands the risk of being comitted to Prison if ...

The Fourth mainland bridge construction is said to start this year. Mr Steve, the state commissioner for Information and Strategy, gave the assurance in an interview with the News Agency of Nigeria (NAN).  The Guardian reports that the commissioner, however, did not mention any specific time of the year for the commencement of the project. According to The Guardian, he ...

According to Daily Post, Forcible seizure of any landed property in Oyo State or an attempt to do so, otherwise known as land grabbing, has become a criminal offence that attracts a maximum of 15 years imprisonment or an option of a fine of N500,000 or both. This is one of the provisions of the new Real Properties Protection Law ...

According to Proshare, “Nigeria is committed to sustainable economic development. The Lagos Event is a concrete step in the process of developing and issuing our 2017 sovereign green bonds program ‘- Amina Mohammed, Minister of Environment Nigeria’s aspiration to become a green economy inches closer as The Federal Government meet investors and Capital Markets Operators in Lagos for the first ...

” “When the righteous come to throne, the people rejoice” is a popular saying from the Holy book-the Bible. Initially, it came as a speculation that the new Oba of Benin was deeply concerned over the activities of land speculators and Community Development Associations and was prepared to end the travails of land developers and investors in the state as ...

The Cable reports that the Asset Management Corporation of Nigeria (AMCON) recently took over control of Arik Air, Nigeria’s leading airline in order, we are told, to protect their anxious creditors, prevent a catastrophic shutdown of services to the public and preserve the jobs of their long-suffering employees. Arik, has debts of over 300 Billion Naira and needs the immediate ...