Real Estate News

The Managing Director of Previs, a special purpose vehicle by James Cubitt Developments, Mr. Peter Coker, has said that the country’s real estate market is highly fragmented, and gets worse from the premium to the mid-market and low income housing cadre. Coker, who spoke at the unveiling of Previs, a company designed to provide properties to professionals and mid-sized companies, ...

The Lagos State branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) is championing the establishment of office of the valuer-general and regulation of estate agency practice. In this interview, the State chairman and managing director, Niger Insurance Properties Limited, OFFIONG SAMUEL UKPONG, explained to The Guardian’s HAPPINESS OTOKHINE, why the institution is promoting a bill to empower ...

Four World Bank officials had been reportedly drowned at Egbe Dam in Egbe Ekiti, Gbonyin Local Government Area of Ekiti State.  Egbe Dam is the biggest of the six dams in the state. Mrs Folasade Akinrinmola, the chairman of the council and the state police command confirmed this development to newsmen on Thursday. Akinrinmola said that the incident which occurred on Wednesday’s ...

Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), National Union of Air Transport Employees (NUATE) and the National Union of Pensioners (NUP), yesterday, protested the planned concession of Lagos, Abuja, Kano and Port-Harcourt airports by the federal government. This led to traffic gridlock on the access roads to the airport. The union members were carrying placards with inscriptions : ...

Soldiers have invaded a community in Ogun state and the subject of controversy is a particular property that is under court litigation. Most indigenes of the said community are farmers and hunters, so one would be wondering what business the soldiers have there.   Residents of Arifanla village in Akute-Odo, Ifo local government area of Ogun state have fled the ...

A powerful pre-dawn earthquake devastated mountain villages in central Italy on Wednesday, leaving at least 38 people dead and dozens more injured, trapped or missing. Scores of buildings were reduced to dusty piles of masonry in communities close to the epicentre of the quake, which had a magnitude of between 6.0 and 6.2, according to monitors. It hit a remote ...

A fuel tanker has exploded on Benin-Auchi Expressway in Edo state, South-south part of Nigeria – The incident happened in the early hours of Wednesday, August 24. One person was on Wednesday feared dead when a tanker laden with fuel ‎exploded at Upper Mission junction on the Benin-Auchi expressway, in Ikpoba-Okha Local Government Area of Edo State. The explosion, which was ...

Ordinarily, the primary purpose of houses is to provide shelter for man. However, these days it is fast becoming a place of captivity and torment. People are becoming less comfortable in their homes. The Lagos State Police Command have rescued 13 children and 15 adults reportedly chained and locked up by one Emmanuel Adeyemi in a house at Oke-Ira, Ojodu area ...

Lagos State Governor Akinwunmi Ambode will perform the official opening of the Novare Lekki mall in Lagos, on Thursday, August 25, 2016. Interestingly, the Foundation Stone laying ceremony of the Novare Lekki Mall was done by the Honourable Minister of Power, Works and Housing, Babatunde Raji-Fashola, while he served as the Governor of Lagos State in October 2014. According to the ...

Like a foetus in the womb, residents of Lagos and regular visitors to the former bar beach along Ahmadu Bello Way, Victoria Island, have continued to witness in awe, the gradual transformation of what used to be a splendour beach front to arguably, the single most ambitious and comprehensive development plan to come on stream in the West African sub-region ...