Real Estate News

The Coalition of Non-Governmental Organisations for Change has hailed the Managing Director and Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Gimba Yau Kumo, for his “laudable achievements”. The coalition, which comprises students, artisans, traders and the civil society, in a communiqué by its President, Wole Badmus, at the end of its roundtable at the weekend, said Kumo ...

The state government may take over the powering of street light contracts hitherto handled by contractors says commissioner for works in Akwa Ibom, Mr. Ephraim Inyang. Inyang said this would be done to ensure that Uyo, the state capital as well as other major towns across the state are properly lighted up at night for security reasons. Inyang, who spoke ...

Enforcement of compulsory materials testing is necessary to stop the incidence of building collapse in the country, the Managing Consultant, Lagos State Materials Testing Laboratory (LSMTL), Abel Famakin, has said. Speaking at the Eighth Anniversary of LSMTL in Lagos,  Famakin said making materials testing mandatory for new buildings as well as soil test, would reduce incidences of collapse buildings in ...

Managing Director of Buildcon Global Services, Mrs. Bukola Gazama has called on the government to make the National Housing Scheme, NHS loan more accessible as this would help in bridging the housing deficit in the country. Gazama who made the call at the unveiling of the company’s new corporate identity in Lagos, also called for a reduction of the interest ...

Against the backdrop of the face-off between the management and residents of 1004 Estate in Victoria Island, Lagos, the estate’s facility manager, Messrs 1004 Estate Limited has vowed not tolerate any semblance of hostility or thuggery in the highbrow residential estate. The Managing Director of 10004 Estate Limited, Mr. Samuel Ukpong who gave the warning, described the estate as a ...

Gripped by fear of armed thugs allegedly led by Ojo Barber and Ajagungbade Families, residents of Peace Estate in Ilamoshe area of Ejigbo, Lagos have called on Lagos State government to urgently intervene in order to avert breakdown of law and order in the area. Residents of the sleepy neighbourhood alleged that for the past one month, thugs have been ...

Veteran Nollywood screen goddess, Genevieve Nnaji is highly regarded as one of the richest celebrities in Nigeria. Genevieve can be described as a multi-millionaire raking in lots of money from acting and endorsement deals. It seems like the single mum has now branched into the Real Estate business. On Wednesday, the 36 year old actress shared a photo below of ...

Owonifari market in the Oshodi, Oshodi/Isolo Local Government Area was destroyed in the early hours of today by Lagos state government officials. See more photos below:

The long awaited flyover at the busy Ganaja Junction in Lokoja inches towards realisation with the award of the contract for its construction by the state government. The contract for the construction of the flyover, which was awarded to Messers Tec Engineering Nigeria Limited, will cost N4bn. The state Commissioner for Information, Hajiya Zainab Okino, who disclosed this while briefing ...

Lagos State Government yesterday shut down Owonifari market in the Oshodi, Oshodi/Isolo Local Government, aimed at addressing the security challenges in the area. Lagos State Government often arrested hoodlums in Oshodi for various robberies and other petty incidents.Commissioner for Information and Strategy, Mr. Steve Ayorinde, lamented that the market has constituted a menace and an eyesore to the locality. He added that ...