Real Estate News

The House of Representatives on Monday despatched a letter to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, asking her to explain how she extended contracts for crude oil worth $24bn without valid agreements. The Chairman of the House Ad hoc Committee on Crude Oil Swap, Mr. Zakari Mohammed, confirmed on Monday that a letter had been sent to Alison-Madueke ...

Nigeria will host the Third Regional Meeting for the UN Conference on Housing and Sustainable Urban Development (Habitat III) from Feb. 24 to 26 in Abuja. Mr. Oluseyi Soremekun, UN National Information Officer, who confirmed this in a statement on Monday in Abuja, said the conference would commence with a high-level Ministerial segment on February 24 at the International Conference ...

Chika Ike’s manager and friend took to her Instagram Page to congratulate the actress on her new real estate business venture saying she is one of the few people she knows who is a goal getter. She posted the photo below and wrote: “Congratulations to my bae @chikaike  on your new  Real Estate business venture. After successfully completing another home ...

In a brief chat with Nigeria Real Estate Hub (NREH), the President of Nigerian Institute of architects (NIA), Tonye Braide, shares with NREH correspondent, some insight on  NIA’s Road map for the year 2016. Read below:   NIA is going to organise a professional development workshop on tourism development which is aimed at expanding the tourism assets of a particular ...

The Lagos State House of Assembly Committee on Housing has summoned 28 out of the 30 contractors handling the state HOMS project in Ajara, Badagry area of the state. The summoned contractors include: House Master Ltd, Threshold Global Investment Ltd, Mudal House Project Ltd, Comprehensive Homes Ltd, L&K Concept Ltd, Guinning Enterprises Ltd, Troy Construction and Developers Ltd, Intercom Ltd ...

Wife of Nigeria’s President, Mrs. Aisha Buhari, was in Lagos state last week Thursday to commission Erisco Foods Limited 450,000tonnes tomato paste processing plant which was constructed at a cost of N4billion ($150 million). Mrs. Buhari who inaugurated the plant tasked relevant government regulatory agencies to step up actions towards checking the import of foreign and substandard foods into the ...

Cossy Orjiakor has decided to relocate, at least for one year. The Actress who is quite popular for flaunting her lady parts reportedly left Lagos for Abuja. According to her, she would be gone for a year because she needs a change of environment and because she just got a new car which might develop a quick fault due to ...

Despite biting economic situation in Nigeria, the National President, Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Obiora Chime confirmed last week in Abuja that the real estate sector is experiencing growth. He explained, “There is still housing development because many manufacturers in this country are operating at below 20 percent capacity utilisation of their factories so some of ...

Following the call made by Minister for Power, Housing and Works to review the procurement law and increase mobilisation fee for road contractors to enable contractors deliver completed projects without delay, Nigerians have reacted. While some are in support, others feel the contractors have not made good use of the mobilisation fee being given to them. Read reactions below: s

The Lagos State Association of Indigenous Contractors has called on Governor Akinwunmi Ambode to engage local contractors in the execution of projects in the state. The group said it has experienced members, whose expertise would guarantee quality projects craved by the government. The Chairman of the association, Mr. Adedayo Aderemi, made the remarks on Wednesday after the election of a ...