Real Estate News

In an exclusive interview with Vanguard, Mr. Kennedy Okonkwo, Chief Executive Officer of Nedcomoaks, a Lagos-based real estate development company, revealed that the growing demand for housing across all strata of the society is so huge that the industry cannot satisfy the demand. According to Okonkwo who started real estate business as an estate agent, it is difficult to churn ...

A late night flood on July 4 destroyed no fewer than 52 houses in Wurno, headquarters of Wurno Local Government Area of Sokoto State. The Chairman of the local government council, Abdulkadir Jelani, disclosed this in Sokoto on Sunday while addressing journalists. Mr. Jelani said, “The problem was aggravated by the blockage of some drains in the town and its ...

According to twitter user @mzyeni, her older brother was kidnapped alongside 8 Landlords in Ikorodu yesterday July 10th. This comes after 6 people were killed by suspected Ijaw militants in two Ikorodu communities on June 24th. See more of her tweets below:

The speaker of the House of Representatives, Yakubu Dogara, has described the scale of corruption in Nigeria as unimaginable. Dogara said this while speaking at a meeting with newspaper editors in Abuja on Saturday July 9th. According to him, the Anti-graft agency is currently recovering billions of Naira that was buried on a farmland in Abuja “If I am just ...

PropertyBank has announced Foluké as their brand ambassador. Foluké is an Artist, Singer and a Songwriter. She was born and raised in Toronto, Canada to Nigerian Parents from Ogun state. She grew up in a Christian home where her passion for singing started at a young age. Like so many others, her singing career kicked off in Springs of Salvation ...

Detectives have uncovered how Ekiti State Governor Ayodele Fayose bought N1.35billion properties within six months in office. The five properties include four duplexes in Lagos and one in Abuja. The Economic and Financial Crimes Commission (EFCC) has summoned three more people for quizzing  in respect of the ongoing investigation of the governor. One of those invited, Oyin Daramola, who is ...

The Chairman, Board of Directors, Lafarge Africa Plc, Mobolaji Balogun, has revealed the plans of the company to go beyond cement production and marketing to building Nigeria and other geographies in the world. He said the company would be a force for good in rebuilding Nigeria and Africa’s infrastructure. Balogun, in the firm’s recently published annual report, said, “I have ...

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has said that the federal government plans to undertake a comprehensive geographical survey of Nigeria’s landed resources to determine their value and components for future economic development plans. He also said the government will embark on another round of housing survey in the country to determine who it should ...

Victor Ochei is the former speaker of the Delta State Assembly, an oil-producing region in southern Nigeria. He’s also a member of a much-talked-about but little-seen demographic: foreign investors who buy luxury Toronto real estate by the handful. According to Toronto Life, Ochei and his wife, Hanatu, own at least three condos in Aura, one of Toronto’s tallest and priciest ...

Musical artiste, Innocent Idibia, better known as 2face received more honors recently with the naming of a street after him in a high profile Estate in Lagos Nigeria. The street named after him is in Richmond Gate Estate which is located after Ikate Elegushi in the Lekki corridor. In a statement issued by the firm, its developer, it was disclosed ...