Real Estate

The Managing Director (MD) of the Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Musa Dangiwa, has donated N43 million worth of foodstuffs and other consumables to residents of the three senatorial districts of Katsina State. The food items donated, which included 1,064 bags of millet and 720 bags of rice, were distributed to the less privileged in the 34 ...

The Kaduna State Government on Monday announced the closure of all major markets. It said the move was aimed at preventing the spread of COVID-19 in the state. The Managing Director of the Kaduna Market Development and Management Company, Hafiz Bayero, stated this at a press briefing in Kaduna. Bayero said the closure of the major markets and the operation ...

The Presidency has reiterated that the latest Abacha loot will be deployed for the construction works on Lagos to Ibadan highway in the South-West, Abuja to Kano road in the North and Second Niger bridge in the eastern part of the country. It also said part of the funds will also be invested in the Mambilla Power Project. Nigeria and ...

The Lagos State Government has urged contractors and other professionals working on its various housing projects to adhere strictly to the COVID-19 operational guidelines for construction sites in the state. The state’s Commissioner for Housing, Mr. Moruf Akinderu-Fatai, made the appeal in a statement by the ministry’s Spokesperson, Adeola Salako, on Tuesday in Lagos. Akinderu-Fatai said that all contractors and professionals ...

The Nigeria Centre for Disease Control (NCDC) through its Director-General, Chikwe Ihekweazu, recently called on the private sector to support the Centre as Nigeria battles the scourge of the global Coronavirus pandemic. In response, a number of organisations have tendered their support by donating funds, critical medical equipment and infrastructure. Guaranty Trust Bank erected and donated a 100-bed fully equipped ...

A three-storey building under construction has collapsed in Enugu State. The building, which was located at Ezeluike Street, Olympic Layout, off One Day, Agbani Road, Awkunanaw in Enugu South Local Government Area of the state collapsed on Sunday about 8:20pm. Although there was no casualty, newsmen gathered that the collapsed building had been marked for demolition by the Enugu Capital Territory ...

The rainstorm that accompanied the heavy downpour experienced in Lokoja, Kogi State capital on Tuesday night has led to the destruction of 18 electric poles and some houses in the city. Newsmen’s visit to some affected areas on Wednesday shows that Lokoja and its suburbs are now in total blackout. The Public Relation Officer of the Abuja Electricity Distribution Company ...

In a development that shows faith in the huge potential of the Nigerian economy despite the global economic meltdown caused by the COVID-19 pandemic, Lekki Port LFTZ Enterprise Limited (LPLEL) has received the infusion of $221,047, 248 (N83.997 billion) equity funding from China Harbour Engineering Company (CHEC), one of the shareholders of the Lekki Deep Sea Port Project, currently under ...

The China Civil Engineering Construction Corporation (CCECC) says it has completed the track laying work for Lagos-Ibadan railway. Vice President Yemi Osinbajo performed the groundbreaking ceremony for the standard gauge railway on March 7, 2017. In January, Rotimi Amaechi, the minister of transportation, had said the April deadline fixed for the completion of the standard gauge rail line was no longer ...

Nigeria president Muhammad Buhari on Sunday ordered a total lockdown of activities in two states and the capital city Abuja. The lockdown which began on Monday evening in Abuja, and Lagos, which have the highest number of coronavirus cases in the country, and Ogun State which shares boundary with Lagos State, would have their residents staying at home for the ...