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Foreign practitioners must show respect for local Architects – NIA chairman


Set to checkmate foreign incursion into its territory, the Nigerian Institute of Architects (NIA), Lagos Chapter has begun extensive audit of all projects going on in the state. This is specifically to ensure that no foreign counterpart practices in Nigeria without fully complying with the International Union of Architects (UIA) Professional Practice Accord, and where deliberate disobedience to the pact ...

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Borno: Land dispute resolved by supreme court


Faulting some of the claims and a certificate of occupancy said to have been issued to a dead man, the Supreme Court of Nigeria has dismissed an appeal seeking to claim ownership of a parcel of landed property in Borno State. The landed property is situated at Bolori in Maiduguri Metropolitan area of Borno State, which land is bounded by ...

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More women are thinking real estate

lamudi tanzania

In a statement made by online property portal, Lamudi Tanzania limited to mark International women’s day on Sunday, it was said that women are increasingly undoing blockades to the once male dominated real estate ownership, management and dealing. Quoting a Dar es Salaam based real estate broker, Lamudi said despite facing hostilities from male peers in the field, she is ...

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T.B. Joshua loses bid to stop coroner’s inquest: Judge backs coroner

Synagogue Collapse: Court adjourns ruling on a suit by an engineer to Nov. 9

Justice Lateefa Okunnu of the Lagos State High Court Ikeja, on Friday, described as lacking in merit, an application filed by the Synagogue Church of All Nations and its founder, Prophet Temitope Joshua, asking the court to halt the ongoing coroner’s inquest into its collapsed guesthouse. Justice Okunnu dismissed the application for also being premature. The inquest was set up ...

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Indians are the biggest buyer of Dubai real estate in 2014

top 20 real estate tycoons

Followed by Emiratis, Saudis and Kuwaitis, Indians were the largest investors in the promising Dubai real estate market in terms of the number of buyers and transactions made in 2014 according to a new report. A report by Omega Real Estate, a real-estate company owned by ‘The H Holding Enterprise’ has said that the Dubai real estate market looks promising ...

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BPE in talks over FMBN’s reform commercialization


A NEW era is dawning on the mortgage industry, following a renewed interest by Federal authorities in expanding the ownership of Federal Mortgage Bank of Nigeria (FMBN) that allows private sector intervention and fresh injection of funds into the housing financial system. The move promoted by Bureau for Public Enterprises (BPE) is in line with reform and commercialization of public enterprises, ...

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Phoenix real-estate guru sentenced to 4years in prison

A Phoenix celebrity real-estate guru and self-described graduate of the “new school of self-made moguls” will spend the next four years in prison for money laundering and tax evasion. Tanya Marchiol was sentenced in federal court this week for helping drug dealers buy a house and for failing to pay income tax on $1.4 million earned between 2008 and 2010. ...

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Top 20 real estate tycoons

top 20 real estate tycoons

According to Forbes 2015 billionaires list, of the 20 richest property moguls in the world, more than half (12) hail from Asian-Pacific nations. Seven are from Singapore, three from China, and one each from Singapore and Taiwan. Four of the wealthiest 20 property billionaires are American, three are from the U.K., and one is from the United Arab Emirates. Hopefully in ...

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How oil prices could affect Nigerian Real Estate.

real estate

In an article originally posted on huffingtonpost.com, Kian Mioni, co-founder at Lamudi – an online real estate marketplace with operations in 32 countries, has expressed his fear in the real estate business in Nigeria considering the changes in oil prices. He stated that Changes in oil prices and the devaluation of the Naira have had a significant impact on the ...

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NMRC signs MoU with US firm for $1 Billion Investment in Mortgages

NMRC Appoints 4 Independent Directors

Despite the current economic difficulties occasioned by a significant drop in oil revenue, foreign investment inflows into the country recorded fresh impetus on Tuesday when Cantor Fitzgerald, a highly regarded investment company based in the United States of America, signed a memorandum of understanding with the Nigeria Mortgage Refinance Company (NMRC) for $1 billion (about N200 billion) in mortgages in ...

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