Real Estate News

Nigeria has been ranked fifth in the cheapest luxury property market in the emerging market with a value of $967.03 million per square. In a survey conducted by Lamudi, a global property firm, Angola ranked first with $4. 513 billion per square while Ghana trailed with $1.169 billion. Tunisia and Indonesia emerged 3rd and 4th respectively with $1.000 billion and ...

School of Estate, Nigeria’s leading real estate school is offering a course for Real Estate Developers. The course is tagged ‘Real Estate Development Masterclass’ and it is geared towards helping Developers gain insight into development processes for various types of properties, which includes residential, commercial and industrial. Real Estate Development requires expertise in management, finance, engineering, urban planning, design, project ...

Ojukwu’s property Trial – The absence of Bianca Odumegwu Ojukwu, widow of the late Ikemba of Nnewi, Chukwuemeka Odimegwu Ojukwu, Monday, stalled the suit she filed against Ojukwu Transport Limited, OTL, and seven others before a Lagos high court. Bianca had in the suit filed on behalf of her two under-aged children, Afamefuna and Nwachukwu (claimants) wanted the court to ...

The managing director of Oluaye Properties, Olaniyi Livingstone Iyanda, has called on the federal government to initiate policies that would encourage the taxation of undeveloped bare site in order to discourage land speculation and encourage real estate investment. He disclosed this in Abuja during the 2015 Mandatory Continuing Professional Development Seminar organised by FCT Chapter of Nigeria Institution of Estate ...

In this interview with Elsie Godwin of Nigeria Real Estate Hub, A registered member of Nigeria Institution of Estate Surveyor and Valuers (NIESV) and a chartered Estate Surveyor, Mr. Samson Agbato attributes the influx of quacks to the profession to the rate of unemployment in Nigeria. He also gives clear details on what it means to be a registered member ...

The Kwara State government has said that the proposed N10b loan from commercial banks was a Federal Government-backed facility designed to revive ongoing infrastructural projects in the state, which were stalled by lack of funds. The State Governor, Abdulfatah Ahmed, who gave the clarification during a meeting with stakeholders in Ilorin, said infrastructure projects which were suspended due to drop ...

The Lagos State government last Wednesday donated N50million each to Adamawa, Borno, and Yobe states to assist them in the rehabilitation of Internally Displaced Persons in the North East. The governor, Akinwunmi Ambode, presented cheques to the benefiting state governments at the briefing room of the Council Chambers of the Presidential Villa, Abuja, after the Council of State’s meeting. “Lagos ...

Sokoto State governor, Aminu Tambuwal, has sworn in 22 commissioners, including commissioner of Lands and Housing – Bello Gwiwa, Commissioner of Works – Ahmad Aliyu , Commissioner of Rural development – Abdullahi Maigwandu, Commissioner of Environment – Bello Sifawa and Commissioner of Home Affairs – Isah Achida The list of commissioner has only one woman appearing in the men-dominated cabinet. ...

A real estate surveyor and valuer, Mr Livingstone Iyanda, has urged the Federal Government to partner the Institution of Estate Surveyors and Valuers to enforce property tax in Nigeria. Iyanda told the News Agency of Nigeria (NAN) in Abuja on Monday that a partnership of that kind could make real estate taxation a major source of revenue for the government. ...

Lagos State governor, Akinwunmi Ambode, Sunday said that his administration has concluded plans to purchase three helicopters next month to enable security agencies tackle criminal activities from the air as well assist in monitoring traffic gridlock to ease movement across the metropolis. Ambode made the disclosure while speaking as a guest on a popular radio programme, Soni Irabor Live (SIL) ...