Real Estate News

Foreign manufacturers of building materials have expressed that Nigeria’s market has amazing potentials and capabilities of being the leader in Africa. The companies intend to grow the market by partnering with Nigerians to import more of its products, which are of high quality into the country. The Guardian reports that the Chief Executive Officer of QMB Builders’ Mart, Mr. Ayobami Biobaku ...

Charly Boy and his co-protesters are calling for the prosecution of the judges accused of corruption, a downward review of salaries and benefits for politicians in the country. The protesters are also demanding that people who are guilty of stealing public funds should be sentenced to death as well as a slash in the salaries of political office holders by ...

At least three persons were confirmed dead in the early hours of Wednesday, in a multiple auto crashes involving four articulated trucks, a vehicle, in which several property estimated to worth millions of Naira destroyed, following a tanker explosion on the ever busy Lagos-Ibadan Expressway. In another incident, a tanker somersaulted while on high speed at the Otedola end of ...

The Federal Government on Wednesday expressed its readiness to spend 150 million dollars on the rural electrification. Mr Babtunde Fashola, the Minster of Power, Works and Housing, disclosed this in Abuja at a business forum on ‘’Financing Opportunities in the Nigerian Power Sector’’ He said government would use 44 tertiary institutions and small hydro dams in the rural areas as ...

Lack of political will to implement previous national urban policies, has been identified as reason why Nigeria cities cannot measure up in development with the world known urban centres. Consequently, experts said the cities lacked the right governance structures and institutions in cities such as Paris, London, Amsterdam and New York, which could promote investment and social cohesion. The development ...

Last week Donald Trump was elected as the 45th U.S. president in the  election on the Republican ticket, defeating Democratic nominee Hillary Clinton in a stunning upset. The real estate mogul who is scheduled to take office on January 20, 2017 will be the oldest person to assume the presidency in the history of the United States of America. You ...

The 2016 edition of the Refined Investor Series (RIS), promoted by Fine and Country International Realty will hold at the Wheatbaker Hotel, Ikoyi, Lagos next week. The programme, which is coming on the heels of Fine and Country West Africa’s 8th anniversary in Nigeria, will be chaired by the Managing Director, Standard Chartered Bank, Mrs. Bola Adesola , who will discuss the ...

Amnesty International has frowned at the recent demolition carried out by the Lagos state Government, after 30,000 people had been rendered homeless, a recent report in today.ng confirms. Amnesty International called on Nigeria to shelve plans to demolish more illegal settlements in the megacity Lagos as several hundreds of thousands of people could be made homeless, it said on Friday. ...

Vanguard reports that the ancient Ikate Elegushi Kingdom has launched an Imperial City Promo project, which would give hard working Nigerians the chance to own a plot of land worth N42m in one of the high brow areas of Lagos State. According to Vanguard, the Imperial International Business City (IIBC), which is the first self-sustaining eco-friendly smart business city in ...

The Council for the Regulation of Engineering in Nigeria, COREN, has revealed that a crack at the Akanu Ibiam International Airport is a threat to people and it should be investigated further. Vanguard reports that COREN attributed the number of collapsed buildings and failed roads in Nigeria to poor engineering works and supervision. According to Vanguard, this was made known ...