Real Estate News

The Standards Organisation of Nigeria (SON) has declared war on manufacturers of substandard building materials in order to curb rising trend of building collapse across the country. The Acting Director General of the SON, Dr. Paul Angya, disclosed this in Abuja when the executive members of the Nigerian Institute of Architects (NIA) visited him. Angya promised to partner with the ...

The acting director-general of Bureau of Public Procurement, BPP, Ahmed Abdu, on Friday said Nigeria saved about N680billion from the reviews and certification of federal government contracts between 2009 and 2014. Mr. Abdu said this in Lagos at the opening ceremony of a Procurement Retreat for Chief Executives of Federal Government Parastatals and Agencies, organised by the BPP. “We sanitised ...

Bayelsa State Governor, Seriake Dickson, has inaugurated an 11-member Special Task Force on Identification and Recovery of Government Property. The panel is to recover government property illegally acquired by private individuals, communities and corporate organizations within and outside the state. The task force has two weeks to submit interim report to government. A statement by the Chief Press Secretary to ...

An Abuja-based businessman who hails from Adamawa State, Idris Tijjani, has accused Governor Mohammed Jibrilla of Adamawa State of constructing some of the most expensive roads in Nigeria. In an interview with Premium Times, Mr. Tijjani alleged that the governor is simply hiding under the road construction to steal the state’s funds. Read excerpts of the interview below: Please tell ...

A leading real estate marketing brand, Property Bank, has launched an innovative rent product tagged  “RENT ACTUATION” specially created for home seekers who cannot afford their rent at the moment. This innovation is achievable under a working agreement between Property Bank and TrustBond Mortgage Bank Plc. PropertyBank is an online real estate marketing platform with a potpourri of properties covering ...

The Lagos State Government on Sunday said it would partner with suitable entities on a Public-Private-Partnership (PPP) basis to undertake the development and delivery of a wide-range of facilities in the state. The Commissioner for Information and Strategy, Steve Ayorinde, said in a statement in Lagos that it was in continuation of the government’s commitment to urban development and expansion ...

Lagos State Government, Thursday, commenced Structural Stability Test on existing structures in Lekki Gardens in Eti-Osa Local Government, to ascertain the strength of the buildings This came nine days after a five-storey building under construction caved in, killing 34 persons and injuring 13 others. Vanguard reports that officials of the Lagos state Material Testing Laboratory, LSMTL, were sighted conducting test on the buildings. ...

The Senate Minority Leader, Godswill Akpabio, has pledged to build a new hostel for the Chukwuemeka Odumegwu Ojukwu University, Igbariam, Anambra State. Mr. Akpabio made the offer Thursday while delivering a lecture as part of events for the school’s 7th convocation. In his lecture on “The Nigerian Question: Ethics in an Age of Uncertainty”, Mr. Akpabio called on Nigerian leaders ...

The Lagos State Commissioner for Housing, Mr. Gbolahan Lawal, has reiterated the state’s willingness to partner the Nigerian Mortgage Refinance Company (NMRC). To this end, the state government says it is prepared to sign a Memorandum of Understanding (MoU) as soon as parties agree on the terms and modalities of the facilities which are geared towards alleviating the burden of ...

This article highlights some of the top affordable luxury homes you can find in one of the high-value locations of Lagos. You know the feeling of discovering a first class living experience with all the pecks of a home yet accessible to all?The euphoria of finding that one exceptionally conceptualized development yet affordable? Or the feeling of getting an electronic mail/seeing ...