Real Estate News

In this article written by Abiodun Doherty, he highlights the need for property investors to study property law. Stating that an investor doesn’t necessarily need to be a legal expert but a general understanding of the law governing the aspect he is investing in is a wise decision. He also did good to highlight some principles governing real estate investment ...

Some stakeholders in the housing sector have called for strict adherence to master plans to boost regional and urban planning in the country. The stakeholders who spoke to the News Agency of Nigeria (NAN), in Abuja on Saturday, explained that lack of master plan could bring set back and severe housing challenges in the country. Mr. Desmond Chieshe, Director, Initiative ...

To contribute towards bridging the housing deficit in Nigeria, Lafarge Africa Plc has said it is investing in affordable housing schemes for Nigeria as it plans to build 300,000 low cost housing units by year 2020. Already Lafarge has launched an affordable housing scheme that will see about 6,500 beneficiaries getting low cost houses in the medium term. Mr. Lanre ...

IDPs in New Kuchigworo camp, Abuja, accuses leaders of selling some of the items donated to them. The Internally Displaced Persons (IDPs) made the accusation on Sunday, November 1, when members of Advertising Practitioners Association Abuja Chapter visited the camp to make donations. Confirming the allegation that those in charge of the camp sell some of the items donated to ...

A Federal High Court in Lagos on Monday fixed Nov. 9 to rule on a suit by an engineer of the Synagogue Church, Akinbela Fatiregun, seeking enforcement of his rights. The News Agency of Nigeria (NAN) reports that the suit, which was earlier fixed for ruling on a preliminary objection, was adjourned following the absence of the trial judge, Ibrahim ...

The one million Naira sanitation prize instituted by Sokoto Government for the cleanest neighbourhood in the state capital was claimed by zone one, made up of Nigerian Army’s Giwa Barracks, Old Airport road, Offa road and Dambuwa areas. The second prize of N750,000 was claimed by Zone Three made up of areas around Sultan Palace, Gidan Haki and Kofar Atiku, ...

Tijani B. Shuaibu is the president, Nigeria Institute of Building (NIOB). In this interview, he spoke on how building collapse can be prevented in Nigeria, NIOB plan for the built industry as well as other important issues about the sector. Read excerpts below: As a builder, how do you think the housing sector can be sanitised to prevent building collapse? ...

With the value of the real estate industry in Nigeria projected to hit $11.36 billion in 2015 and $13.65 billion in 2016, following massive investments in Banana Island and Eko Atlantic, the time to invest in the sector and maximize returns from the expected boom is now, writes Eromosele Abiodun Read below: The real estate industry has witnessed positive growth ...

A High Court in Kano on Friday restrained the Emir of Kano, Muhammadu Sanusi II, from demolishing or tempering with any structure in the emir’s palace. The News Agency of Nigeria (NAN) reports that one Salim Bayero had filed the suit, seeking order to stop the emir, the Emirate Council, Attorney General and Commissioner for Justice, from destroying some structures ...

When our media director called my attention to treating this topic today for shelter Matters discussion, I must admit I wished Nigeria had gone past this phase of underdevelopment. Alas, we are still here. It might kill to admit but there are communities in the fastest growing economy in Africa that have not seen power supply for years. Few days ...