Real Estate News

Eight months ago, during the launch of the Nigeria Mortgage Refinancing Company, NMRC, the President, Dr Goodluck Ebele Jonathan promised to provide affordable housing to the millions of homeless Nigerians by the end of the second quarter of the year. This pledge was made good last week when the government launched the first 10,000 mortgages for  the presidential Initiative on ...

We work so hard to put up structures in real estate; residential, commercial, recreational etc for so many reasons, but in recent years, and more recently since the beginning of this year, a terror group has unleashed untold destruction of lives and properties in such wanton manner that begs our humanity upon our nation. No doubt, security is on the ...

It really is simple… Do you know there’s a self-service suite for independent business development professionals to manage their businesses from remote locations, and deliver efficient customer service to their respective customers? You can run this business alongside anything you already do. As an Independent business Consultant in real estate, you automatically become your own boss. More so, besides leveraging ...

Everywhere in Lagos, a striking picture of insufficient housing stares all in the face. From the stilts erected on the Lagos la­goon to the overcrowded houses in Idu­mota, Mushin, Agege and other densely populated areas of the metropolis, a huge gap exists in housing needs. No doubt, owning a home is probably the most important achievement for any individual in ...

The Lagos State Government has confirmed that the entry of Dangote Group into the Lekki Free Trade Zone (LFTZ), to set up a petroleum refinery complex and fertilizer plant has led to a boost in investment and industrial development of the zone. For the Commissioner for Commerce and Industry, Mrs. Olusola Oworu,the  Lekki Free Trade Zone project is now a ...

The Nigerian Institute of Architects (NIA) Lagos state Chapter has stressed the importance of real estate in economic development makes it imperative for investors in emerging settlements to be fully equipped with the knowledge base necessary to deliver habitable and sustainable assets. According to the NIA, without architecture and real estate, there will be no structures to live and work ...

With the aim of alleviating hardships faced by motorists plying the Ijebu Ode-Epe road, the Ogun State Government has commenced massive rehabilitation of the road linking Ijebu-Ode and its environs with Epe in Lagos State.   Commissioner for Works and Infrastructure, Olamilekan Adegbite, while inspecting the rehabilitation work, said the road would ensure free flow of goods and services, especially ...

credits: www.wallpapert.com Following a fierce battle among stakeholders in the cement industry over the correct standard of the product to be enforced in the country to ensure its safe use for building and construction, the Federal Ministry of Industry, Trade and Investment, has given the final approval which makes the new cement standard mandatory. According to the Minister, Mr. Olusegun ...

Analysts have estimated the housing deficit in Nigeria at about 16 million. In one report they  also stated that over 50 per cent of 170 million people living in the country are either homeless or without adequate housing. Nigeria’s real estate sector accounts for 7.6 per cent of the country’s recently rebased Gross Domestic Product (GDP). In an attempt to ...

Cement dealers and distributors in the South-west have endorsed the newly packaged Dangote cement’s 42.5 grade (3X) and expressed optimism that the entry of the product into the market would help sanitise the building and construction industry.   Phoning in from different states in the region during a live Yoruba programme, Owuro lojo, on Radio Nigeria’s Gold FM in Ilesha, ...