Real Estate News

Traders in Anambra  yesterday were forcefully relocated to permanent market site. Some traders at Williams Street in Onitsha, Anambra State, have defied government’s relocation order leading to their forceful ejection by the State Government. The traders were ejected to a permanent and standard market at Ogbunike in Oyi Local Government Area of the state. Some of the traders who were ...

In a bid to sanitize Real Estate agents practice in the country, association of property investment and commission agents in Nigeria (APICAN) Iju branch held a one day seminar on Real Estate Management Accounting System. The seminar which was held at Baale Palace Saala Ifako Ijaiye Local Government had in attendance, APICAN national deputy chairman, Mr. Jide Odelola, National secretary, ...

The Ogun State Government has said that over 80 per cent of the structures demolished to pave the way for the construction of standard roads being constructed across the length and breadth of the state do not have title documents. The Permanent Secretary, Ogun State Ministry of Works and Infrastructure, Mr. Kayode Ademolake, who stated this in a statement issued ...

The Nigerian Institute of Quantity Surveyors will examine the cost management aspect of critical infrastructure projects in the country. The NIQS in a statement signed by its Secretary for Marketing and Corporate Affairs, Mr. Jide Oke, stated that measurement and cost management of engineering infrastructure projects would form the basis of  NIQS national workshop. He said the two-day workshop, which ...

The management of Messrs New Festac Property Development Company Limited, the concessionaire of the FESTAC Phase II project, has warned people to desist from erecting illegal structures on the site. “Anyone erecting illegal structures on the designated land should remove them and desist from further encroachment. Such illegal structures will be promptly displaced or removed,” the Executive Vice-Chairman, NFPDCL, Mr. ...

The United Progressives Party (UPP) has asked President Muhammadu Buhari to ensure that his government tracks all stolen funds within Nigeria and recover properties acquired with stolen public funds for the benefit of Nigerians. The party in a statement issued by its National Chairman, Chief Chekwas Okorie, said it was in support of President Buhari’s request for the United States ...

Estate surveyors under the aegis of Nigeria Institution of Estate Surveyors and Valuers (NIESV), Lagos State branch, has called on the Federal Government to give priority to land economy which, the institution reasons, is a growth sector of the economy, in view of the plummeting fortunes of Nigeria’s oil economy arising from the falling oil price at the international market. ...

The United States has said it will help Buhari  track down Nigeria’s stolen asset in billions of dollars and increase U.S. military assistance to fight Boko Haram militants. President Muhammadu Buhari’s visit to Washington on Monday is viewed by the U.S. administration as a chance to set the seal on improving ties since he won the 2015 March election. It ...

Just recently, Gov. Ifeanyi Ugwuanyi of Enugu State in keeping faith with his campaign promises on social housing delivery, investment promotion and agricultural development, embarked on an investment assessment visit to the proposed East-Gate Enugu Airport City Development project being anchored by a private sector investor, NECI Land Development Corporation Limited. The proposed project which has 142 hectares of virgin ...

What makes the hotel thick or tick? Why is it acclaimed the only 7 star hotel in the world? Lets take a tour and find out. Thanks to the Financial Post we can give you a quick tour, in case you are thinking of visiting. You can also seize the opportunity to daydream! Let’s start here! The Burj Al Arab calls itself ...