Real Estate News

Chief Executive of the Dangote Foundation, Ms Halima Dangote, has said that the ongoing construction of a multi-billion naira state-of-the-art Operating Theatre and Diagnostic Centre at the Murtala Muhammad Specialist Hospital, Kano will be completed next year. Ms Dangote, who disclosed this when her team visited the Kano State Governor, Dr. Abdullahi Umar Ganduje, weekend, said the Operating Theatre and Diagnostic ...

Vice President Yemi Osinbajo says the Federal Government was focused on implementation of Niger Delta Maste​rplan to drive development of the region. Mr. Osinbajo stated this at the inaugural meeting of Partners for Sustainable Development Forum organised by Niger Delta Development Commission, NDDC, in Port Harcourt on Monday. He said President Muhammadu Buhari had also expressed concern with ​ the​​​​ ...

Managing Director of MCO Real Estate, Mr. Munachi Okoye has appraised the nation’s real estate market in this outgoing year, disclosing that it witnessed low yields with only a few big transactions taking place. Okoye said that the fundamentals of the Nigerian economy have not changed and this would positively impact on real estate space going forward. He explained: “Nigeria ...

Jim Ovia, Founder and Chairman, Zenith Bank, who was present at Fine and Country’s Refined Investor Series last Friday, spoke on various issues including how investment can drive growth in Nigeria’s real estate sector. According to him, the sector needs financing, which will in turn drive more growth especially for the low income earners. While addressing the state of housing ...

Sijimoto Construction Limited, a real estate firm has concluded plans to commence the building of a massive edifice to meet the demand for choice residential accommodations in Ikoyi area of Lagos State. The Managing Director of Sijimoto Construction Limited Mr. Sijibomi Ogundele told The Nation the multimillion dollar project will be nestled on 3,800 square meters of land in the ...

The Cross River State Governor, Ben Ayade, says arrangements have been concluded for Henan Province of China to commence construction of $10 Billion project in the state. He gave the hint about the project agreement while addressing reporters at the Margaret Ekpo International Airport, Calabar on Thursday. Governor Ayade said that the state would witness the arrival of 100 investors from Henan, who would ...

The Socio-Economic Rights and Accountability Project (SERAP) has “received several documents from the World Bank totaling over 700 pages on information on the spending of recovered assets stolen by the late General Abacha, with some of the documents suggesting that Abacha loot was spent on roads, electricity, education, health and water.” This information was disclosed by SERAP executive director, Adetokunbo ...

The All Progressives Congress (APC), Lagos State has thrown its massive weight behind Governor Akinwunmi Ambode for making the issue of security of lives and properties in Lagos the number one priority. The party says that with the massive procurement of security equipment, the state has served warning to all criminals that they have no hiding place in Lagos. In ...

The founder of Synagogue Church of All Nations (SCOAN), Temitope Balogun Joshua, was absent in court on Monday at the start of the trial over the collapse of a refurbished six-storey building inside his church premises in 2014. The building collapse killed116 people, mostly South Africans. In July, Oyetade Komolafe, a coroner, indicted the church and the engineers in charge ...

The Federal Government, yesterday, revealed plans to set up a $25 billion infrastructure fund to bridge the funding gap in infrastructure development in the country. The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure at the inauguration of the 10-year Capital Market Master Plan, Nigeria Investor Protection Fund (NIPF), and the launch of the Corporate Governance Scorecard for quoted ...