Real Estate

Despite the prevalent harsh business terrain in the country, paint manufacturers said that consumption of the product is currently on the increase with the figure put at N96.50 billion as at the third quarter of this year. According to Paint Manufacturers Association of Nigeria, (PMA), a group of the Manufacturers Association of Nigeria (MAN) this increase was hinged on current ...

The Lagos Chamber of Commerce and Industry (LCCI) has raised the alarm that high excise duties on locally-produced goods and challenges of exporting made-in-Nigeria products, as well as the inaccessibility of the Lagos ports on account of the bad roads, have created an excruciating business environment, which has seriously hamstrung business activities in the country and eroded the country’s capacity ...

The Court of Appeal, Abuja Division yesterday held that the Chief Okoi Obono-Obla led-Presidential Panel on Assets Recovery lacked prosecutorial power and therefore, cannot initiate criminal proceedings against any accused person. Also, the court held that the panel lacked the constitutional power to seize properties of alleged offenders. The judgment of the court follows an appeal filed by a staff ...

Vice President, Prof. Yemi Osinbajo, has urged Canadian investors to explore the opportunities that abound in Nigeria’s education, health and transport sectors. Osinbajo made the call while declaring open the Nigeria-Canada Investment Summit 2018 on Monday in Abuja. The theme of the 2-day summit is: “Fostering Strong Business Partnership into the Future.’’ He said that already Canadian investors were familiar ...

Prince and Princess Estate is one of the housing estates that have established its name over the years because of its strategic location in the heart of Abuja The estate became popular in 2002 with over 1000 housing units as individuals who acquired lands in the estate developed their own building types such as duplexes, blocks of flats and semi-detached ...

Minna – The Nigeria Union of Journalists (NUJ) has expressed concern over the deplorable condition of intra and inter-state roads in Niger State and called on the Governor Abubarkar Sani Bello-led administration to declare a state of emergency on the sector. Meanwhile, the NUJ has lifted the suspension on the State Correspondent of Daily Independent Newspaper and former Correspondent’s Chapel ...

Selling a home is a stressful time for most.  The thought of not knowing when your property will sell, how much it will sell for, or bottom line, if it will sell at all can lead to many sleepless nights. These sleepless nights can become more and more frequent as the days on the market (DOM) continues to increase. This article ...

Cement price in Nigeria is as erratic as our power situation. It changes at a moment’s notice. As a matter of fact, cement is one of just a handful of consumer products in Nigeria that its prices changes indiscriminately without even a pin-point cause. The effect this unstable market behavior poses for the ability of an average Nigerian to own ...

Akwa Ibom State Government has concluded plan to demolish thousands of illegal structures erected within Uyo, the state capital. The State Commissioner, Ministry of Lands and Town Planning, Ime Ekpo disclosed this. The commissioner who said this while fielding questions from newsmen in Uyo, said already demolition squad or committee had been set up by the ministry to pull down ...

Female Inheritance – An Imo State High Court sitting in Aboh Mbaise Local Government Area presided by Justice Ijeoma Agugua has declared that a woman is entitled by law to inherit her father’s estate. The judgment was recently delivered in favour of Mrs. Regina Ihemadu (Nee Nwimo) who is the only surviving child of her late father, Mr. Imo Ebiringa ...