Real Estate News

FHA Homes Limited has signed a Memorandum of Understanding with Nekonini Business and Properties Limited for the development of 100 housing units in Abuja. According to both organisations, the project is the second phase of the Maccido Estate and is part of efforts to bridge the housing deficit in the country as the first phase of the project, which involved ...

The Executive Secretary, Kano State Primary Health Care Management Board, Nasir Muhammad, on Monday, said the state government would spend over N500 million to upgrade its facilities. Mr. Muhammad, a medical doctor, disclosed this in Kano when he appeared before the state House of Assembly to defend the budget estimate for the board. He said the upgrade and renovation would ...

The Ogun State Housing Corporation says it will tackle of housing deficit in the state this year by constructing more units at reasonable costs. A statement stated that the Special Adviser to the Governor on Housing Development, Mrs. Jumoke Akinwunmi, made this known during the corporation’s budget presentation before the state’s House of Assembly Committee on Finance and Appropriation. Akinwunmi ...

Oyo State Governor Abiola Ajimobi has decried the sale of government land and quarters by his predecessors. He said they did not consider the state’s interest. The governor spoke at the weekend’s inauguration of the first phase of a multi-million Naira housing estate in Agodi, Ibadan, the state capital. He accused his predecessors of selling choice property to their cronies ...

The National Pension Commission is set to allow Pension Funds Administrators to invest the growing pension assets in the housing industry, particularly the real estate, in addition to investing it in infrastructure. As of October 2015, the total pension assets under the Contributory Pension Scheme had risen to N5.14tn. While the PFAs have invested these funds in different classes of ...

The President of the Nigerian Institute of Building (NIOB), Tijani Shuaib, in this interview with George Okojie, shares displeasure at the handling of the draft bill of the National building Code (NBC) which has gotten little or no attention by the National assembly. He also stated that land use act should not be totally abrogated. Read excerpts below: Builders have ...

The Borno State Government plans to construct trenches around vulnerable villages in the state to wade-off attacks by insurgents. Governor Kashim Shettima said this on Saturday when he visited some villages to assess damage done to the communities by insurgents. The governor assured the communities that proactive steps would be taken to safeguard their lives and property. “We will construct ...

Goods worth millions of Naira was lost in a fire incident that occurred in the early hours of this morning at the Yola South main market in Adamawa state. The cause of the fire is yet to be ascertained. Men of the state fire service have arrived the scene and are working to put out the fire. See more photos ...

Organiser filling station located at Amunko, Nnewi Okpuno Nnewichi in Anambra state, was gutted to the ground this morning after an explosion suspected to have been caused by a fuel tanker. Fire service and police are currently at the location to deal with the situation. No mention of  casualties yet. More photos below:

Internally displaced persons in Adamawa State who received food and relief items in December put religious and sectarian differences aside to thank their benefactors and pray for them. At Churches and Mosques in Jimeta-Yola, and at other distribution points in the seven Local Government Areas most hit by the insurgency, grateful IDPs offered prayers for the donors, as well as ...