Real Estate News

The residents of Abule Oki and eight other adjoining communities in Agbado Oke-Odo Local Council Development Area of Lagos state have appealed to the state government to complete the dredging and concrete lining of the Aboru canal. According to them, the completion of the concrete lining of the Arigbanla canal has exposed, and put them at the mercy of a ...

The two chambers of the National Assembly have passed into law a bill which seeks the establishment of the Federal Capital Territory Internal Revenue Board. The bill, among others, empowers the Federal Capital Territory Administration to establish its own Internal Revenue Board which would have, among others, the legal powers to collect tax on property.According to the harmonised report of ...

The Federal Ministry of Agriculture and Rural Development on Thursday announced that there had been unusual high mortality in two poultry farms and live bird markets in Kano and Lagos states. The ministry said the bird’s blood samples forwarded to the National Veterinary Research Institute tested positive for H5 Strain of Avian Influenza virus, otherwise known as bird flu, adding ...

Ostensibly moved to protect vast landed property, said to be owned by six prominent families, the Apena family of Ojuwoye, Mushin, Lagos State, has instituted a fresh suit, at a Lagos High Court, seeking among others, judicial pronouncement over their inherited assets. The new suit, which is still at its infancy, brought in a representative capacity for the Osu Apena ...

The governorship aspirant of the Peoples Democratic Party, PDP, in Lagos State, Jimi Agbaje, has vowed to cancel the controversial Lekki-Epe toll gate, if elected into office come February 14. According to him, this is because the toll gate is untenable as it is standing on an existing road. Agbaje disclosed that the Lekki Phase 1 inner bridge would remain ...

The Lagos State Governor, Babatunde Fashola, on Tuesday condoled with the victims of the fire outbreak at the Balogun Market on the Lagos Island, promising to rebuild the structures. Fashola, who spoke during a visit to the market, said he was happy that no life was lost in the incident. Before his arrival, governorship candidates of the All Progressives Congress, ...

Just like any other parent, Mr. Babatunde Ogunyemi’s aim has been to have family that would always be together to celebrate every festive period. For Ogunyemi, his joy has been to watch his children grow with high model of moral social values in them. Unfortunately, these wishes were cut short on February 23, 2013, when the Lagos State Government demolished ...

For a number of reasons which include the persisting housing deficit estimated at 17 million units, rising urbanisation and evolving scenarios that are likely to stimulate supply, investors and developers are optimistic that the real estate sector in Nigeria will become vibrant again after the general elections slated for next month. Presently, the sector, on account of political activities and ...

In the early hours of Monday, January 12, the popular Balogun market in Lagos was said to been engulfed by a raging inferno that destroyed property worth thousands of Naira as the fire razed some shops in the market. Mr Ibramhim Farinloye who is the Spokesperson for the National Emergency Management Agency (NEMA) Southwest said “At 04:36 hours, there was ...

Three-hundred-thousand Nigerians spent about N310 billion on vacation in Dubai, the United Arab Emirates (UAE), in December, 2014, more than the annual budgets of a majority of the states in Nigeria. BusinessWorld Intelligence reveals that they spent about N60 billion on flights, N9 billion on visas, N120 billion on accommodations and N110 billion on shopping. A source in The First ...