Real Estate News

Three members of a family in Amechi community, Awkunanaw Local Government Area of Enugu State have lost their lives over a land dispute. The victims were identified as Nnaemeka Agbo (alias Echidime), Sunday Nnamani, and Nnamani Ikpa. The disputed land lies directly opposite government-owned Millennium Estate, which is still under construction along the Enugu-Port Harcourt Expressway. It was gathered that ...

The embattled senator-elect of Ogun East Senatorial District, Prince Buruji Kashamu is enmeshed in another mess as he has been accused of forging documents for a landed property worth billions of naira in Ajah area of Lagos state, Southwest, Nigeria. Kashamu, who is also fighting extradition to the United States over drug related issues, has been challenged by the family ...

As much as some resident in Lagos state still have their peace and tranquility, some others have lost millions to fire outbreak in the outgoing month of May. The Director of Lagos State Fire Service, Mr. Rasak Fadipe, on Tuesday said property worth about N1.4 billion were destroyed by fire within 24 days in May alone. However, he said, property ...

Omidyar Network today announced an investment in Hotels.ng, the largest hotel-booking platform in Nigeria. The company provides an online marketplace to connect consumers to more than 14,000 small and medium hotels in the country, most with no prior digital presence. The Series A round investment is part of Omidyar Network’s Consumer Internet & Mobile initiative, which focuses on supporting new ...

Estate surveyors and valuers have been tasked on the need for diligence, integrity and devotion in the course of their professional duties. According to Fola Aboaba, a professor of Agricultural Engineering, who gave the task,  these values were necessary especially in the professionals’ relationship with their clients, stressing that there was need for integrity for  professionals who want to get ...

The National President of Building Collapse Prevention Guild (BCPG) Bldr. Kunle Awobodu has said that the belief that Nigeria is safe from the seismic zone might not be correct as available data show that Nigeria is susceptible to earthquake. He said that earth tremors the country experienced in 1933, 1939, 1964, 1984, 1990, 1994, 1997, 2000 and 2009 is a ...

Four priests of the Anglican Church, Enugu, and over six other persons, were on Friday reportedly beaten up when members of the task force from the Enugu State Housing Corporation (ESHC), led by its managing director, Vitalis Emeka Onah, clashed with angry youths of the church over land dispute. The victims include Reverends Collins Odoabuchi, Mbaka Peter, Eugene, and Maxwell ...

CEO MCO real estate, Munachi Okoye, joined CNBC Africa to talk on Nigeria’s housing market under Goodluck Jonathan’s Administration. Housing remains one of the most underdeveloped on the continent. Supply is far behind demand, with only 100,000 new houses being built annually compared with a need for over 700,000 and an accumulated deficit of 17 million units. This is a ...

We have gathered several landlord-tenant experiences in the last couple of weeks, and findings have been hilarious, inspiring, touching and even annoying! Right now, we want you to be part of our fifteen favourite experiences, and vote for the one(s) you really like. The writers stand a chance of winning fantastic prizes courtesy REALTY POINT LIMITED, sponsors of the #SackYourLandlord ...

Limestone deposits exist throughout the world. In Nigeria, Ewekoro community is the ancestral home of this component of cement. These alkaline, sedimentary rocks were laid down mostly as deposits on the beds of ancient seas. A valuable natural resource, limestone has many uses in construction, agriculture and industry. Limestone quarries can be above ground or underground, and can cover large ...