Real Estate News

The Special Presidential Investigation Panel on Recovery of Public Property (SPIP) has been dragged before a Federal High Court, Abuja for allegedly taken over a multi-million naira property belonging to a private investor. The investor, D. B Mangal Ltd is praying the court for an order stopping the panel from sealing off its property and forcefully ejecting, harassing and intimidating ...

Ekiti State Commissioner for Natural Resources, Gbenga Agbeyo, said on Monday that the state government had impounded 497 illegal planks and 16 logs of Teak billets allegedly evacuated illegitimately from forests in the state. Agbeyo assured that the perpetrators, who escaped on sighting his vehicles, would be fished out and sanctioned accordingly. The commissioner said that the planks and logs ...

Julius Berger Nigeria Plc on Thursday announced that it made a profit of N6.1bn in 2018, up from the N2.5bn recorded in the preceding year. It disclosed the 142.37 per cent rise in profit in its 2018 annual report, which was presented at the 49th Annual General Meeting of the construction giant in Abuja. The company said its group revenue ...

Alhaji Suleiman Apanpa, the President of a Mapo Customary Court in Ibadan, on Thursday dissolved a 10-year-old marriage between one Gabriel Adebayo and his wife, Olubisi, over theft of land documents and home appliances. Apanpa held that the court dissolved the union because Olubisi’s actions showed that she planned to inherit her husband’s property even when he was still alive. ...

The brother-in-law of a Lagos landlord, Chukwuemeka, has allegedly used knife to stab the tenant of his sister’s husband, Kazeem Balogun, to death in the Iso-Pako area of Iyana Ejigbo in the Ejigbo Local Council Development Area of the state. It was reported that Chukwuemeka and Kazeem always quarrelled with each other, but on the day of the incident, the ...

The International Press Centre (IPC) has released documented campaign promises of President Muhammadu Buhari, while he was the presidential candidate of the All Progressives Congress (APC) in the 2019 general elections. The non-governmental organisation, in a statement signed by Sanmi Falobi, its programme manager, compiled the campaign promises made by Mr. Buhari in the course of electioneering activities. The 30 ...

Anambra State Government has signed a Memorandum of Understanding (MoU) for developing housing units in the state valued at about N13.9 billion. The agreement was signed between the Anambra State Government and M-P Infrastructure Ltd., at Governor’s Lodge, Amawbia. M-P infrastructure desired to partner with the State Government to develop 100 hectares of land in phases within the Millennium City, ...

The Ekiti State government has urged residents not to victimise Fulani herdsmen doing legitimate businesses in the state. The government advised the populace to be cautious of their actions to be able to distinguish herders that are pursuing their means of livelihood legally and peacefully from those that are perpetrating evils. The government revealed that it had approved the appointment ...

Governor Godwin Obaseki of Edo State has approved a N9billion contract for the construction of integrated drainage system to address flooding in parts of Government Reservation Area (GRA) in Benin City, the state capital. Commissioner for Communication and Orientation, Hon. Paul Ohonbamu, disclosed this after the weekly State Executive Council meeting presided over by Governor Godwin Obaseki, at Government House. ...

The Acting Managing Director, Ogun State Property and Investment Corporation (OPIC), Ibiyemi Adesoye, has assured the Corporation of its readiness to deliver more affordable housing units, to both individuals and corporate bodies, for the expansion and development of the state. Adesoye gave the assurance when she led the management team of the Corporation on a courtesy visit to the state ...