Real Estate News

Dangote Cement Plc has announced N5 billion budget to support the product marketing activities in 2017. The Guardian reports that the Chairman of the company, Alhaji Aliko Dangote disclosed this at an event to reward distributors nationwide in Lagos. He stressed that the budget was necessary because the business needs a lot of rejigging and innovation in order to meet ...

The Guardian reports that the Nigeria building materials market will in the next couple of days receive a boost with the addition of KalsiClad, a new board specifically designed for external wall cladding with light weight versatile features. The Guardian learnt that the new product is best for new or renovation projects that demand design flexibility, and modern, contemporary solutions. Manufactured ...

The Guardian reports that a consortium of firms has floated N20 billion Real Estate Investment Trust (REIT). The newly berth REIT, promoted by Top Services Limited, a close-ended Real Estate Investment Trust company would be managed by a firm, Messrs First Ally Asset Management. According to The Guardian, the Chairman, Top Services Limited, Chief Tokunbo Omisore, while speaking during the ...

The Guardian reports that two persons, including a seven-year-old boy, were confirmed dead and seven others injured as a petrol station located in Adigbe area of Abeokuta, Ogun State went up in flames yesterday. According to The Guardian, the station, RAB Engineering petrol station, located opposite the popular Iya Sunday food canteen, was reported to have caught fire as a ...

Fourteen communities in Lagos State have benefited from fully equipped 24-hour service flagship Primary Healthcare Centres (PHCs). They are collaborative effort between the Federal and state governments under the Conditional Grant Scheme (CGS), The Nation reports. Speaking during the PHC’s inauguration which was held simultaneously across the state, Governor Akinwunmi Ambode enjoined the people to take advantage of the facilities. ...

The Senate has mandated its Committee on Public Procurement to investigate alleged irregularities in award of multi-billion road contracts by the Bureau of Public Procurement (BPP). The Nation reports that this followed the consideration and adoption of a motion on “Irregularities in the award of contracts by the BPP”, sponsored by Dino Melaye (Kogi West). Senate President Bukola Saraki gave ...

The Comptroller-General of the Nigeria Customs Service (NCS). Col. Hammed  Ali (rtd) has revealed that majority of arms and ammunition in the country were smuggled through cars imported through the land borders. New Telegraph reports that Ali said that apart from boosting the nation’s economy being the primary motive for ban of vehicles across land borders, another major reason was the ...

Ondo State government has commissioned the semimechanized abattoir that would process cattle for the residents of the state. According to New Telegraph, the outgoing Governor Olusegun Mimiko who inaugurated the project said the abattoir had the capacity to process 200 heads of cattle in four hours. The governor said the project which started three decades ago was redesigned and awarded ...

There is no gainsaying that human beings are a product of their environment. You don’t expect a babe from Ajegunle to act more posh than a lady that was born and bred in Lekki, except, of course pigs now fly. This article aims to justify the fact that, we are where we live. Although we like to believe that we ...

As at my last count, I realized we have over 50 development companies, trying to market over hundred projects within the Lagos, Ogun and Abuja axis. I stopped counting a long while ago, so you can imagine how much more we would have now. Until recently, when publication houses increased their advert rates, you would always see different advert publications ...