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Nigeria at the top of West African countries in major infrastructure

According to data recently released by Deloitte African Construction Trends report placed Nigeria at the top of West African countries in major infrastructure construction projects in 2014, with a total spend of $36.4 billion on major infrastructure construction projects for the year 2014. “Whereas South Africa was previously the choice market in Africa for scalable operations, Nigeria now has a ...

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Nigeria Real Estate Hub unveils #ShelterMatters

shelterMatters

The leading hub for real estate News and information in Nigeria will be unveiling #ShelterMatters on Friday, 10th of April 2015. Shedding more light to this initiative, the Head of Media, Olumide Lawrence, explained that this step is to reach out to every Nigerian out there already on  different social media platforms. “The Real Estate sector is one which an ...

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Real Estate Investors Still Prefer Apapa for Sturdy Property

According to a report/review originally featured on ThisDayLive, Lagos state government have intensified actions to bringing Apapa back to its glory. The once preferred highbrow residential area, home to three of the nation’s biggest seaport might be on its way back to its usual state and even better. Read review below: “With the perennial traffic logjam gradually becoming a thing ...

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Park Inn by Radisson to Open Q3 2016 in Onitsha, Nigeria

Carlson Rezidor further strengthens its presence in Nigeria by announcing the Park Inn by Radisson Onitsha. The mid-market property featuring 152 keys is already under construction and scheduled to open in Q3 2016. It brings the group’s portfolio in Nigeria to 7 hotels with 1,200 rooms in operation and under development. Carlson Rezidor is a leading international player on the ...

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Okereke-Onyiuke , Others Restrained From NSE Property

Justice Mohammed Yunusa of the Federal High Court, Lagos has granted an interim injunction restraining the former Director Genral of the Nigerian Stock Exchange (NSE), Dr. Ndi Okereke- Onyiuke and five others from tampering with the property lying at No 2, Temple Road Ikoyi Lagos. The injuction followed an exparte application brought against the defendants by Chief Bolaji Ayorinde SAN ...

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Azuri peninsula’s apartments brighten real estate market

Originally posted on TheGuardian In designing the project, the podium towers are carefully positioned to maximize views of the marina and garden-piazzas. Located on the ground floor are retail spaces while ample underground car parking is to be found on the lower ground level PRIVATE developers have increased their stakes in the Lagos real estate market with a series of ...

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Govt. proposes new road infrastructure system

IN the wake of increasing dilapidation of roads, maintenance backlog and accelerating loss of asset value, the federal authorities have concluded plans to establish a Road Asset Management System (RAMS) for its road network in the country. The envisioned system will assist the Federal Ministry of Works (FMW) to rationalize decision making in planning, programming, funding, and procurement and in ...

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Lagos woos private investors

The Lagos State Government has restated its determination to work with private investors for the provision of affordable housing for residents under the Lagos Home Ownership Mortgage Scheme. The Commissioner for Housing, Mr. Bosun Jeje, said this at the handover of one of the housing estates under the scheme, which was named after the late nationalist, Chief Anthony Enahoro, by ...

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Fire destroys 7 shops in Asaba

fire

An early morning inferno at the weekend engulfed and razed a block of seven shops in Asaba, Oshimili South local government area of Delta State, destroying property whose value is yet to be ascertained. The fire, which occurred at Stadium Road before the office of the state-owned newspaper in Asaba, was said to have started at about 12am, completely destroying ...

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