Real Estate

The Lagos State Building Control Agency (LASBCA) has given a seven-day ultimatum to owners of distressed buildings across the state to demolish them or bear the risk and cost of their demolition by the agency. The LASBCA General Manager, Olalekan Shodeinde, gave the ultimatum on Monday in an interview with the News Agency of Nigeria in Lagos. Shodeinde said that ...

A Grade 1 Area Court in Aso-Pada, Mararaba, Nasarawa State, has sentenced a 24-year-old man, Jonathan Samuel, to two years imprisonment for stealing church property worth N310,000. The convict, who resides behind St. Augustine’s Catholic Church, Aso-Pada, Mararaba, had pleaded guilty to a three-count charge of criminal conspiracy, trespass and theft. The judge, Yusuf Yaqub, however, gave the convict an ...

The Central Bank of Nigeria (CBN) has published the list of thirty-four (34) entities as licensed primary mortgage banks in Nigeria as at the month ended September 30, 2018. The list released by CBN yesterday revealed that eighteen (18) firms or fifty-three (53%) per cent (approx.) of the licenced PMBs operate out of Lagos (In our review of the table, ...

The Federal Government has approved the construction of 35km concrete road by Dangote constructions, a subsidiary of Dangote Group, from Tincan to toll gate in Lagos State. Minister of Power, Works and Housing, Babatunde Fashola, disclosed this during a special townhall meeting on infrastructure organized by the Ministry of Information and Culture in Ibadan, Oyo State. The minister, who noted ...

Over 20 unit owners in Horizon Premier-1 Estate in Lekki, Lagos have dragged the developer, Lekki Gardens Estate Limited, and the Managing Director of the company, Richard Nyong, to a Lagos High Court over the alleged distortion of the estate layout to build shops in the space originally meant for children playground, green area and recreation facilities. In the suit ...

Kano State Government, yesterday in Kano, unfolded plans for the construction of Yusuf Maitama Sule Center for the Advancement of Democratic Politics and Good Governance. While presenting the report of the Committee, set up by the task force, the Chairman of the Committee, Professor Attahiru Jega explained that the centre, would comprise a museum, royal regalia, international market, including main ...

In furtherance of the intermodal transportation system of Lagos State Government, all is now set for the commissioning of an ultra-modern ferry terminal and new access road in Ilaje-Bariga area of the State. The State Government, in a statement on Sunday by Commissioner for Works and Infrastructure, Ade Akinsanya, said the ferry terminal and the newly upgraded road were part ...

Land fraud- The federal government has made shocking discovery of fraudulent practices in the allocation of land in FCT. The Special Presidential Investigation Panel for the Recovery of Public Property, SPIP, said it has uncovered fraudulent practices in land allocation in the Federal Capital Territory, FCT. The panel said the Federal Government has lost huge funds to land fraud practices ...

In this article, I will share valuable traffic hacks that can easily help you navigate around the state without having to face the infamous Lagos traffic. One of the few things a first-time visitor probably learns within an hour of stepping foot into Lagos is the notoriety of its traffic. You don’t need to have been in the state for ...

Do you need to rent a 3-bedroom apartment and you don’t know the price range for different areas? This article is your best bet. It’s a known fact that apartments are valued based on the location, area and easy access to the city. That’s why we decided to carry out an anecdotal survey to guide people who are searching for ...