Real Estate News

Operatives of the State Security Service on Wednesday stormed the Lagos residence of one of its former Director Generals, Kayode Are, ejecting his family and throwing out his properties. “They are right here in my house,” a distraught Mr. Are told Premium Times on telephone. “They have pulled down the doors, chased my family away and are throwing out our ...

As part of the events to mark their 10th anniversary, the Association of Consulting Architects in Nigeria (ACA Nigeria), the professional body which represents consultant architects in private practice will next Wednesday launch a book titled: “The Architecture in Nigeria.” Speaking at a media briefing in Lagos on Tuesday, the President, ACA- Nigeria, Mr. Omotayo Babalakin, explained that the book ...

The Nigerian Army said it would invest in the Obudu Ranch Resort and turn it into a profitable world-class facility. The managing director of the Nigerian Army Properties Limited, Umaru Mohammed (rtd), said this in Calabar, Cross River State, on Tuesday. Mr. Mohammed, who spoke shortly after he met with the state governor, Ben Ayade, said the investment would involve ...

Towards reducing the nation’s housing deficit estimated at 17 million units, Trust Bond Mortgage Bank Plc has announced plans to engage in affordable home financing in all parts of the country, and offer of innovative products that would cater for different needs of the populace. The company will also ensure compliance with the relevant regulatory requirements and improve its profitability ...

After visiting some communities that are plagued by erosion in Anambra state, World Bank has charged residents to adopt and imbibe as a way of life all the erosion control measures taught them by the group’s field officers and other partners agencies. World Bank’s Task Team Leader (TTL), Dr Amos Abu, who visited some areas on sensitization mission, noted that ...

“The Inspector-General of Police, IGP Solomon Arase has issued a stern warning to MASSOB and IPOB activists to stop threatening public peace or face the full weight of the law. The warning followed the observation by the Nigeria Police Force leadership of the increasing resort to acts of brigandage by sets of misguided individuals who apparently are hiding under the ...

Some suspected thugs who claimed to be working for the Edo State Ministry of Housing and Urban Development on Tuesday demolished a church building housing the Excellent Flow of Christ Church. Eye witnesses said the thugs came to the church at about 9:00am in a Hilux van and Mitsubishi bus and started using hammer to destroy the building. They claimed ...

Members of the Nigerian Institute of Quantity Surveyors (NIQS) have advocated for the establishment of cost data bank with adequate dissemination of information to all stakeholders. They are also making case for appropriate standards in the Nigerian built environment. According to the surveyors, international construction measurement standards are needed in Nigeria to grow the economy and enhance the activities of ...

The federal government, has pledged to contribute $1million for water provision and sanitation in the continent. Making the pledge at the 10th anniversary of the African Water Facility (AWF) in Abuja, President Mohammadu Buhari said the fund became necessary owing to challenges faced in Africa in the development and management of water resource, saying that the continent’s potential to meet ...

Osun State Government has commenced the reconstruction of major intra-city roads within Osogbo, the state’s capital. Governor Rauf Aregbesola at the Flag-off of the 2.8 Kilometer Olaiya-Jaleyemi-Asubiaro to Ita -Olookan road in Osogbo on Friday, said that the re-construction of the roads was part of the promises made by his administration. He said that the projects would lift the face ...