Real Estate News

Ekocity Media Ltd, a Lagos based media outfit, and publishers of www.ekocitymagazine.com, in a bid to contribute its quota to the cleanliness of Lagos State, chose Nigeria’s 56th Independence Day anniversary to flag off her #PickaBottlePickaNylon Campaign. The Guardian reports that the campaign is aimed at collaborating Lagos State government efforts at keeping Lagos clean as well as creating awareness, sensitization ...

Reports show that the Government of Spain has disclosed plans aimed at setting up Spanish manufacturing companies among other businesses in Nigeria, targeted at exploring economic potential and build business relations in Nigeria. The Guardian reports that this is even as an official trade delegation has scheduled a visit to Nigeria in May 2017. The delegation having discussions with government ...

The Guardian reports that the Oluwo of Iwoland, Oba Abdulrasheed Akanbi, Telu 1 and eminent members of Iwo community in Osun State, have repaired the damaged Lagos-Iwo-Oshogbo road that has been abandoned for many years. According to The Guardian, the reason the traditional ruler and his subjects took up the challenge was that “the road is the shortest route from ...

Vanguard reports that commuters along the ever busy Owerri-Umuahia and Owerri-Okigwe federal highways yesterday, lauded the management of Niger Delta Development Commission, NDDC, for commencing reconstruction work on the dilapidated portions of the two roads. According to Vanguard, the bad portions of the two roads include Awaka and Ezeogba, Emekuku in Owerri North local government area and Ekemele, Akabo, Ikeduru ...

Reports show that the Bayelsa State House of Assembly, on Wednesday, has rejected a bill before the National Assembly for the establishment grazing route and reserves in states, for herdsmen across the country. The Sun newspaper reports that Mietama Obordor, representing Ogbia constituency 1 in a motion during the plenary yesterday called on the Bayelsa lawmakers to reject the bill. According ...

The Nigeria Deposit Insurance Corporation, NDIC, has made it known that more than N2.54 billion belonging to some local governments and Ministries, Departments and Agencies (MDAs) of the federal and state governments are trapped in 47 banks in-liquidation, without the affected parties filing proof of claims for insured deposits and liquidation dividends. Vanguard reports that the sum was broken down as ...

Vanguard reports that the management of Ikeja Electricity Distribution Company, has pleaded with its customers over power outage, blaming it on faulty 100MVA transformer at Ejigbo Transmission Station, as well as other multiple faults along the network in that area. In a statement made available to Vanguard, the management of IE stated that, “it regrets the prolonged outage witnessed by ...

The Minister of Transport Rotimi Amaechi said that the Federal Executive Council (FEC) has approved advisers to negotiate with General Electric (GE) towards concessioning the railway. The Nation reports that the Minister said this to State House correspondents at the end of the Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari. According to The Nation, Amaechi was with ...

The Debo Adejana Real Estate seminar comes alive in November. In fact, this will be the last seminar for this year, and if you’ve never attended before, this is an opportunity of a lifetime to join the going train of real estate in Nigeria. This edition will be an eye-opener, as it promises to expose participants to the tenets of ...

Reports show that the Federal Executive Council, on Wednesday, has approved the release of a N30 billion intervention fund for mining sector development. The Guardian reports that the Minister of Mines and Steel, Kayode Fayemi, made it known that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from the oil sector. Addressing ...