Real Estate News

An Estate Surveyor and Valuer, a member and an associate in view of the National Institution of Estate surveyors and Valuers (NIESV), an associate member in the institute of strategic management of Nigeria (ISMN) whose background experience is spanning 8years in real estate and the Owner of Magnagate integrated Services, Mr. Femi Atoyebi, in an interview with Nigeria Real Estate ...

The Federal Mortgage Bank of Nigeria, FMBN, is set to engage with the 774 local government areas in the country on how best the bank’s housing initiatives can be extended to them. Managing Director, FMBN, Mr. Gimba Yaú Kumo, who disclosed this in an interview with a news portal, listed various ways of addressing the housing deficit in the country. ...

Considering the poor state of infrastructure in Nigeria, it was expected that professionals in the sector will dominate President Muhammadu Buhari’s ministerial list. Alas, it will be a “cabinet invaded by lawyers”. For this reason, the cabinet may not excite some professionals in the infrastructure sector. Architects, quantity surveyors and valuers decried their non inclusion. They express worry that government ...

Surveyors have faulted assets declaration by public officers without the input of professional estate valuers. Former President, Nigeria Institution of Estate Surveyors & Valuers (NIESV) and Principal Partner, Bode Adediji Partnership, Mr. Bode Adediji said without a surveyor, it would be impossible to confirm the authenticity of asset declared as they are trained on asset valuation. Adediji urged the government ...

The Director-General, National Commission for Museums and Monuments, Yusuf Usman, has said five sites in Nigeria were recently submitted to the World Islamic Heritage Committee for recognition. This is contained in a statement signed by the director-general and made available to the News Agency of Nigeria (NAN) in Abuja on Sunday. The statement quoted him as saying that the Islamic ...

Rainstorm, which lasted several hours on Friday night, has rendered over 60 families homeless and damaged property worth millions of naira in llorin East and Asa Local Government Areas of Kwara. The Special Adviser to Governor AbdulFatah Ahmed on Emergency and Relief Services, Abdullahi Duro-Mohammed, disclosed this in llorin on Saturday shortly after inspecting the affected areas in the two ...

Flooding of urban and rural dwellings remains a major problem during the rainy season in most parts of Nigeria. This is mainly caused by very poor drainage infrastructure and inevitably leads to impossible living conditions for the inhabitants of the area as well as destructive erosion problems. Some of us do have heavy flood experiences we would not want to ...

According to updates being put up by the popular blogger’s sister, Laura Ikeji on Instagram, Linda Ikeji has acquired a Multi-million Naira Mansion in one of the most luxury estates in Nigeria. Banana Island is an exclusive playground of Nigeria’s obscenely wealthy. It is reported to be arguably Nigeria’s most expensive neighborhood – at par with the Seventh Arrondissement in ...

The High Court sitting in Benin City, Edo State has asked the police to pay N1 million as damages to the Executive Director, African Network for Environment and Economic Justice (ANEEJ), Rev David Ugolor and immediately return his property still in custody. Ugolor’s assets were confiscated two years ago while being investigated over his alleged involvement in the 2012 gruesome ...

Good news is coming on the way of prospective tenants and business community in the Lagos Mainland area, as the developer and investors have announced plans to complete the redevelopment of the popular Maryland Business Plaza by March next year, which will ultimately increase the number of retail market in the metropolis. The project is anchored by a development team boasting, local ...