Real Estate News

The Nigerian Institute of Town Planners (NITP) has said the movement of members to the fellowship cadre will no longer be business as usual following the review of the guidelines for selection into the prestigious group. The review of the guidelines was one of the activities that took place at a week long retreat organised by the institute in Abuja. ...

Popular ‘orente’ crooner, Adekunle Gold, is the latest landlord in town. The singer took to Instagram to announce the latest feat. You will remember that the artiste who is signed to Olamide-led YBNL records, beat artistes like Olamide, Patoranking and Kiss Daniel and was announced winner of the 2015 ‘Beat Of Lagos’ award. The reward for that feat was a Plot ...

Lagos demolition: Scores of protesters from Badia East, Ijora, defied the afternoon rain on Monday as they gathered at the Office of the Lagos State Governor, Akinwunmi Ambode, in Alausa, to ask him to stop the Ojora family of Lagos from demolishing and forcefully evicting over 15, 000 people from their homes. The Lagos State government had demolished part of ...

Fairmont Hotels & Resorts yesterday announced the development of a new 270-room luxury hotel in the Nigerian capital city of Abuja. With a planned opening in 2019, Fairmont Abuja will be situated in the heart of the city’s central business district and only 30 km from the Nnamdi Azikiwe International Airport. A close proximity to the new International Conference Centre, ...

A 42-year-old real estate agent, Ramoni Azeez, has been arraigned in a Magistrate’s Court sitting in Ikorodu, Lagos State, for allegedly obtaining N301,000 to secure the same apartment for five persons. Azeez, who is facing a five-count charge bothering on stealing, was alleged to have separately obtained the money from five persons at different times and dates with a promise ...

Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Ekpo Nta, has disclosed that a Federal Pay Officer, who allegedly siphon N103m meant for three Federal Government colleges, had been selling off his properties to return the loot. Nta said while the commission had recovered N53m from the suspect, he would remain in their custody until her returns ...

Barring any last minute hitches, the Owerri Mall located at the old Somachi Park near the Imo State University will open in November. ​ Coming as a joint venture involving Resilient Africa, Somachi Investments, Terrestrial Real Estate and Median Infrastructure Development Company Limited. The gross lettable area is 9,800 square metres and marketed by Broll Nigeria, the sole letting agent. The shop sizes range between 20-450 square meters and under a minimum two years lease period. Speaking during a tenants’ forum and a press briefing at the ...

The Nigerian government has been inundated with complaints from relevant stakeholders and some international organisations including the British Government through their High Commission in Nigeria over the proposed super highway connecting Calabar and Obudu traversing the Cross River National Park . Uncomfortable with the proposed Super Highway project being undertaken by the Cross River State Government, a number of international ...

The African Union for Housing Finance (AUHF), a member-based association of mortgage banks, building societies, housing corporations and other organisations involved in the mobilisation of funds for shelter and housing on the African continent will hold its conference and annual general meeting in October at the Safari Hotel & Conference Centre, Windhoek, Namibia. AUH is grounded on developing the institutional ...

A member of the National Youth Service Corps, Lateef Babatunde, on Friday, handed over a rehabilitated block of two classrooms to his host community in Lafia Local Government Area of Nasarawa State. The block of classrooms, a personal community development project of Mr. Babatunde, a graduate of Political Science from Obafemi Awolowo University, Ile-Ife, is one of just two blocks in Mararaban Akunza ...