Real Estate News

The Minister of Power Works and Housing, Babatunde Fashola has revealed that many public, private partnership (PPP) housing initiatives embarked by successive governments were stalled due to paucity of funds, lack of capacity, land disputes and court cases. This is even as he noted that despite monies generated on African continent from agro- produce, mining, trade and other sources that ...

Former Minister of Aviation Osita Chidoka and his family over the weekend donated a Hall to the Anglican church where the matriarch of the family wedded in 1925. “Juliana Obumnwe Chidoka Hall donated by the Chidoka Family as a monument to the memory of our matriarch and more importantly as a multi-generational reminder of our heritage and acknowledgment of our ...

Popular Mararaba market in Nasarawa State was gutted by fire this night. Many of the shops with goods worth millions of Naira have been destroyed. Eye witnesses confirmed that Mararaba  main market located within Karu local government area of Nasarawa state is on fire. DailyTrust reports that according to one of the eye witnesses, Mr. Boniface Ogar, the fire started ...

Immediate past President of Nigeria, Goodluck Jonathan has denied owning a £15m property in the United Kingdom and demanded a retraction from the UK SUN over an article by its former Editor, Kelvin Mackenzie, alleging in his Saturday column that the ex-Nigerian leader had bought the property in Surrey. He had written, “I hear the aptly named Goodluck Jonathan, the ...

Lagos State Governor, Mr. Akinwunmi Ambode on Monday said his administration has commenced the process of developing a top class International Convention Centre that would boost trade and investments, just as he reiterated his unwavering commitment to ensuring the ease of doing business in the State. Governor Ambode, who spoke at the Lagos House, Ikeja when he received a delegation ...

The Minister of Youth and Sports development, Solomon Dalung, former vice president Atiku Abubakar, ruling All Progressives Congress chairman, John Odigie-Oyegun, are to lead other top Nigerians to the Nigeria House Business and Investment Summit in Sau Paulo and Rio in Brazil next month. The Business Summit which is in collaboration with the Brazil-Nigeria Chamber of Commerce slated for Sau ...

A high court has ordered the government of Nasarawa State to pay N100 million as damages for demolishing a property belonging to Kinric Construction and Fabrication Company and its affiliate, HARPS Property and Investment Company Limited. Justice D.D Adeck, who gave the order, held that the government was to pay the money for aggravated damages for unlawful termination of contract, ...

A 26-year-old man, Lucky Aigbogun, appeared in an Ikeja Magistrates’ Court on Monday for allegedly attacking his property’s caretaker with a hammer. Mr. Aigbogun, a resident of Shola Martins Street, Agege, Lagos, is facing trial for breach of peace and assault. The prosecutor, Essien Ndarake, a police inspector, told the court that the accused committed the offences on June 1 ...

The United Kingdom Agency for International Development (UKAID) has connected 49,000 homes in Nigeria to solar lighting and power systems between January and March 2016 through a funded initiative, SolarNigeria. The programme, it said, was helping many households and small business entities to access modern, clean, lighting and power at lower cost than kerosene lanterns and small generators.   A ...

The Minister of Finance said the Federal Government plans to relocate some of its Ministries, Agencies and Departments (MDA) into some recovered looted properties. Mrs. Kemi Adeosun said this on Friday in Abuja while briefing newsmen after the Steering Committee of the Efficiency Unit meeting. The News Agency of Nigeria (NAN) recalls that the country’s anti-graft agencies had over the ...