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Scarborough United Group Plans $500 Million Investment in Nigeria

Scarborough United Group

London-based Scarborough United Group Plc, SUGPlc, has announced it plans to invest N77.89 billion ($500 million US) in Nigeria’s real estate, leisure and football (soccer) services in the next six to nine months. Sheffield United, owned by Scarborough, is a major sports brand in the United Kingdom. Nairaland Forum and All Africa, two Lagos-based online publications, separately reported Scarborough United, ...

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Ellen Degeneres Sells Off Beverly Hills House

Talk show host Ellen DeGeneres and partner Portia de Rossi have made their next move in the real estate game. This time, the couple sold their Beverly Hills penthouse for a paltry $843,900 – at least paltry compared to their other real estate transactions. Only two weeks ago they listed their California ranch for $10.995 million before bumping up the ...

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Fashola Names Housing Estate After Anyaoku

Construction chiefs canvass dialogue on housing

Lagos State governor, Babatunde Fashola, yesterday 10th April 2013, immortalised the former Secretary General of the Commonwealth, Chief Emeka Anyaoku, by naming the newly completed housing estate located in Ikeja Government Reserved Area (GRA), after him. Speaking at the commissioning of the Housing Estate, Fashola said the honour was in recognition of Anyaoku’s contributions to the development of the Nigerian ...

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Corporate Social Responsibility

Corporate Social Responsibility

As a company, we (Realty Point Limited) endorse and embrace the definition of Corporate Social Responsibility as proposed by the World Bank when we embark on the social responsibility of becoming corporate citizens. Corporate Social Responsibility is the commitment of business to contribute to sustainable economic development – working with employees, their families, the local community and society at large ...

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Globacom Turns Their Subscribers to Landlords With Phonelord

Globacom

Globacom has launched a mouth-watering and innovative product tagged Phonelord which rewards its subscribers for housing Glo SIMs in their phones. The company said from now on it would pay its subscribers rents for using their phones to provide shelter for their Glo SIMs just like tenants pay rents to landlords. Launching the product in Lagos on Wednesday, July 10, Globacom’s Coordinator ...

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Hawker Three Others Killed in Lagos Building Collapse

In another bizzare Lagos building collapse, four persons, including a 15-year-old hawker identified only as Sukurah, lost their lives on Sunday after a two-storey building under construction, collapsed in Surulere, Lagos State. The building collapsed around 10am during  the early morning rain, three people were rescued and were responding to treatment at different hospitals. A friend of the 15-year-old victim, Tobi, ...

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How the US Government Shutdown Could Drag Down the Housing Sector Recovery

Beyond the normal inconveniences — interruptions in Medicare, the darkening of the National Zoo’s panda cam — the government shutdown threatens to rain on the one bright spot of the economic recovery: The housing market. Lenders looking to process new mortgage applications will be blocked from basic services, like verifying Social Security numbers and tax return documents from the Internal ...

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Insufficient Funds Hamper Real Estate Development – Mabinuori

Mr. Lanre Mabinuori the Project Director of Prime Exchange Limited, a real estate development company says paucity of funds is one of the major factors militating against massive property development in the country. He said this during a seminar for the company’s marketing network team in Lagos on Saturday. Mabinuori, who said many banks were not willing to lend to estate developers, ...

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Inspirational investment stories of Chief (Dr) Francis Olaniyan

This is an exclusive interview with Chief (Dr) Christian Francis Ipoola Olaniyan Land Investment interview with Chief (Dr) Olaniyan…Born to parents who were teachers, he also ended up an educationist after having the best education available back in the 40’s.The founder of Victory Schools, Ikeja and other various establishments, he was one time Hon. Commissioner for Establishment and Training, old ...

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