Real Estate News

As part of its moves to stem the menace of erosion in Edo State, government has embarked on the reclamation of the Auchi , Queen Ede and Ekenwa sites, which will gulp N9billion. The contract are as follows; Auchi, N5.7billion, Queen Ede N2.7billion and Ekenwa is about N360million. Besides, not less than 108 gully erosion sites pervades the length and ...

A 45-year-old man, Olusanya Ajala, has been arrested for allegedly selling a house bequeathed to him and his three siblings to two different buyers. Ajala was said to have sold the property to a businesswoman, Anita Ojuola, and one other buyer, whose name had yet to be ascertained. It was learnt that Ajala sold the house to Ojuola without the ...

Lafarge Africa has signed a strategic partnership with the Federal Government Presidential Initiative to rebuild the troubled North-East region of the country which has witnessed enormous destruction from the activities of Boko Haram. The Chief Executive Officer, Lafarge Nigeria and Benin Republic, Mr. Guillaume Roux, disclosed  after the meeting with the Chairman of the PINE, Prof. Soji Adelaja, that the ...

The Federal Mortgage Bank of Nigeria (FMBN) has moved to increase access to housing as it works at reducing the country’s 17 million housing deficit. The Managing Director of FMBN, Alhaji Gimba Ya’u Kumo has unveiled an initiative that would increase access to the National Housing Fund (NHF). The initiative called FMBN Home Renovation Loan (FHRL) is part of deliberate ...

Chairman of the All Progressives Congress (APC) in Jigawa State and member of the transition committee, Alhaji Ado Sani Kiri, has said Governor Muhammad Badaru Abubakar had set up a committee to trace and recover funds & property belonging to the government. Kiri, in a chat with Daily Trust also said the government of Badaru was taking its time in the area ...

The new Governor of Lagos state, I must say has shown more activeness than most of us thought from our mere perception of him in his few days of being in office. It is safe to say he stepped in nicely into the shoes of his predecessor and would most likely make Lagosians proud. However, some officials in sectors of ...

Alleged plan by a new generation bank to sell its property located at the premises of the palace of the Ogiyan of Ejigbo in Osun State has started creating tension in the community. It was gathered that a branch of Skye bank located at the premises of the Ogiyan relocated to Ede few years back following incessant attack on the ...

Nigerians have been advised to migrate from the traditional ways of developing homes and other buildings to modern system where components of the building are manufactured and assembled. The process known as dry construction is being championed by Nigerite Ltd, a complete building solutions company that formally launched its Kalsi, a new innovative product which is the major component in ...

Comfort and style do not come cheap and buyers are willing to pay a lot of money for the comfort and status. Here is a rating and analysis of the most expensive apartments in the world.   1.   Sky Penthouse, Monaco, $400 million This is a five-story penthouse with sea views and a rooftop pool. The total area is of ...

The Group Managing Director of the Genesis Group, Dr. Nnaeto Orazulike, has urged Nigerians to change their view about Nigeria and focus on the inherent opportunities in the nation. Orazulike, who said this while speaking on behalf of the recipients of honorary doctorate degrees from the University of Port Harcourt, Rivers State, noted that despite the bad news Nigerians spread ...