Real Estate News

Mr. Jide Odelola, the Deputy Chairman of Association of Property Investment and Commissioned Agents in Nigeria (APICAN), who has journeyed through being an educationist into being a realtor in this brief chat with Nigeria real estate hub correspondent states clearly that the major problem facing estate agents in Nigeria is non-unity. According to Jide, “APICAN is an association of real ...

The FCT Administration has created the Mass Housing Department to address the housing needs in the Federal Capital Territory and reduce the springing up of slums.   The FCT Permanent Secretary, Engr. John Obinna Chukwu FNSE, made this disclosure at the opening ceremony of the Abuja Housing Show on Monday at the International Conference Centre.   The Permanent Secretary reiterated ...

The Lagos state government has ordered the enforcement of the law against street begging and hawking in the state. In a statement signed by the Secretary to the Lagos State Government, Mr. Tunji Bello yesterday, Wednesday, July 8th, it was revealed that Governor Akinwunmi Ambode has directed the Task Force on Environmental Sanitation and Other Special Offences to carry out ...

A coroner’s inquest court in Lagos State has indicted the head of Synagogue Church of All Nations (SCOAN), Prophet T.B. Joshua over the tragic collapse of his building that killed over a hundred people. The General overseer of Synagogue Church of All Nations (SCOAN) and the building contractor was indicted by a coroner’s inquest court in Lagos State yesterday over ...

THE National President, Real Estate Developers Association of Nigeria, REDAN, Rev. Ugochuckwu Chime has appealed to President Muhammadu Buhari to develop a new housing policy which will enable the common people, (the Talakawas) who voted him into power to have their own houses. The REDAN boss who made the appeal  at the end of a one-day multi- stakeholders interactive workshop ...

No fewer that 11 states in Nigeria are at risk of flooding, according to the Nigerian Hydrological Agency, NHSA. The Agency which unveiled its 2015 Annual Flood Outlook has therefore advised the concerned states to come up with effective mitigation strategies, capable of preventing flooding within their territories. The Agency listed the high flood risk areas to include Sokoto-Rima, Niger, Benue ...

Nigeria’s construction industry has been near standstill for the past few months due to the triple combination of the inability of the Federal Government to roll out its economic policies, huge debt owed contractors and the advent of the rainy season. The industry which contributes about 70 percent of the country’s gross domestic product, GDP, is having serious multiplier effects on ...

Dangote Cement Plc has revealed its plans to expand the output from its Douala, Cameroon plant from the current 1.5 million metric tonnes per annum to three million metric tonnes by investing in a similar plant in Yaoundé. This is according to a report from PUNCH news. The President, Dangote Group, Alhaji Aliko Dangote, stated this during a recent visit ...

The terrorism of Boko Haram in the north eastern part of Nigeria has taken many lives since the sect broke out about 6 years ago. Properties have also been destroyed, and in taking stock, one will realize how much work will need to be done in putting the north east back in shape, in terms of real estate. The President, ...

The United Kingdom (UK) Trade and Investments (UKTI), Lagos, in collaboration with Ecotrends Limited, is to organise an exhibition on homes and property. Slated to hold between July 31 and August 1, at KFA Events Place Lekki, Lagos, the premier trade show will provide its exhibitors the platform to showcase and promote their products and services, giving them the opportunity ...