Real Estate News

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday reeled out the numerous investment opportunities that abound in the state to would-be investors in critical sectors such as Housing, Power, Agriculture, Transportation, Health, Tourism, ICT and Manufacturing, just as he assured that the state is open more than ever before for greater business. Governor Ambode, who spoke in Lagos at the ...

The Lagos State Government has clarified reports making rounds on social media that the monthly environmental sanitation in the State has been outlawed, saying that the policy on the monthly exercise has not been reviewed for now. In a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, the government said the erroneous story which was attributed ...

The National Emergency Management Agency (NEMA) has advised Internally Displaced Persons (IDPs) in Adamawa not to sell relief materials donated to them by the agency and other donor organizations. The State Camp Coordinator of NEMA, Sa’ad Bello, gave the advice in Yola, Adamawa State. Bello said the advice became necessary as some beneficiaries of relief materials sold the items. He ...

Over forty shops worth millions of naira, was gutted by fire at the Ikom market in Cross River State. The inferno, which started at about 2AM on Tuesday and was attributed to power upsurge from the public power supply, could not be contained in spite of frantic efforts by shop owners to put it out. The state fire service station ...

Analysts from the real estate sector have projected that transactions in the industry would surpass $1trillion globally, by 2020. The Director Global Capital Markets Research, Mr David Green-Morgan, stated that transaction volumes would be driven by the need to cater for the aging global population investment requirements. Green-Morgan, noted that by 2050 there will be more people over the age ...

Ekiti State Governor Ayodele Fayose has flagged off the construction of the first flyover in the state. Speaking at the ceremony, Governor Fayose explained that the flyover, which is going to be about two kilometers, would cost the State Government over N5.7 billion. Fayose, who described the 1.2-kilometre flyover project as the first of its kind in the state said it ...

A Professor of Building at the University of Lagos and the Vice Chairman, Council of Registered Builders of Nigeria, Martin Dada, has attributed the cause of building collapse in the country to human greed and corruption. Read excerpts from his interview with Punchng Correspondent. A lot has been said about building collapse. What in your opinion are the main causes ...

The Nigerian chapter of the International Real Estate Federation (FIABCI) has commenced a campaign for affordable housing with the slogan: ‘The city we need is affordable’. FIABCI Nigeria was on a panel at the recently concluded MIPIM conference discussing and sharing experiences of urban policy and housing delivery where it was represented by a past President of the Nigerian Institution ...

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has assured that soldiers in the war front with Boko Haram in the North-East zone of Nigeria are entitled to their own houses on retirement. According to Buratai, the Army has a housing scheme for its officers and men. The Army Chief gave this assurance in Enugu while fielding questions from journalists ...

The national assembly, last week, passed the much controversial yet awaited budget. The budget passed by the Senate and the House of Representatives was 17 billion Naira lower than the figure of 6.07 trillion Naira presented by President Muhammadu Buhari to the National Assembly in December. We know that the Ministry of Power, Works and Housing got what seems to ...