Real Estate Technology

Convinced of the positive impacts the urban renewal scheme would have on the state and her residents on one hand, and the entire real estate industry, the Lagos State Government has expressed its determination to ensure its central Island and environs are fully regenerated. Senior officials of the government spoke at the commencement of a two high-rise residential projects within ...

Members of the Nigerian Institute of Building (NIOB) have reiterated its call to the Federal authority to promulgate a law to enforce the National Building Code. NIOB in a communiqué after its 44th Annual General Meeting/Conference at the Bovina View International Hotel, Ilorin, Kwara State, recently said professionals in the building industry should put social, environmental and economic sustainability of ...

A new rapprochement is already evolving between the Federal Mortgage Bank of Nigeria and the Industrial/Commercial Bank of China, as the latter has promised to bring in funds in form of Foreign Direct Investment to assist the FMBN FMBN in addressing the nation’s housing deficit. Recently, the Federal Government had said it had commenced discussion with China Export and Credit ...

The framework for conducting a National Housing Survey to establish and determine the housing deficit in the country has been developed by the Federal Government, the Minister of Lands, Housing and Urban Development, Mrs. Akon Eyakenyi, has said. She said the survey would determine the actual number of houses needed across the country instead of depending on estimates and unproven ...

The Technical Services Engineer of United Cement Company of Nigeria, Mr. Bukola Adebisi (UNICEM) has said that the incessant building collapse in the country is not caused by cement but by activities of people in the informal sector as everybody now parade themselves as engineer with formal or informal training. He also lauded the federal government for providing a conducive ...

While it appears to be a laudable project, it does not bode well with some residents of Abuja, the nation’s capital city. It is a case of mixed feelings for some Abuja residents over the plan by the Federal Capital Territory Administration to commence the construction of the Phase two of the Ultra-modern Jabi Lake Resort this year. The project, ...

NREH: You recently built a house? A: Yes! NREH: Please tell us what the experience was like? A: Being a landlord? NREH: Yes! And how recent or how old is the “landlord-ship”? A: Ah… ok…. I want you to define the landlord-ship? Is it when I packed in or when I bought the land? NREH: What do you think? When ...

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 ...

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 ...

The dream to own a house for low to middle-income earners in Nigeria is simply just that; a dream! The term affordable housing only exists in theory because private developers who invest huge sums of money into the industry do so with the aim of reaping in profits since there are no adequate government funds or loans to subsidize costs ...