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Real Estate

Experts support strategic innovations to boost housing sector

innovations

Members of the Nigerian Institution of Estate Surveyors and Valuers, NIESV, have advocated strategic innovations as a way of remaining relevant in business and to boost the sub-sector of the economy. The development is coming up as against the backdrop of the unhealthy competition from foreign counterparts in the country’s estate agency practice. This is the outcome of a one-day ...

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Real estate firm builds 256 houses with 80% local materials

real estate firm

In compliance with the federal government’s directives on local content, a real estate firm, OPIC, said it has commenced the offer to prospective buyers 256 houses constructed with 80 percent locally sourced materials. According to its Managing Director of the real estate firm, Jide Odusolu, the first phase of the housing units will be completed and delivered to prospective allottees ...

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Court orders Stanbic IBTC to reverse sale of property

Stanbic IBTC

The Federal High Court in Lagos has ordered Stanbic IBTC Bank to reverse the illegal sale of Mrs. Abosede Folasayo Fagbola’s property situated at 3 Ayoola Adeyefa Street (Plot 4 Block N) Oroki Estate, Osogbo, Osun state. The Osun-based lawyer dragged the bank before a Federal high court in Lagos after her property was sold without her knowledge. Joined as ...

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Private investors commit $3.23bn to fund mining projects

private investors

The Ministry of Mines and Steel Development says private investors have expressed their readiness to commit about 3.32 billion dollars to fund some projects in the mining sector. Abubakar Bwari, the Minister of State made this known at the 3rd Nigeria Mining Week on Tuesday in Abuja. The three-day event is being organised by the Miners Association of Nigeria in ...

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8 Things Every Bachelor Apartment Needs 

Apartment

It is probably just an African man thing, but the interior of a bachelor apartment is rarely organised and furnished as you would expect. If there is an apartment you will visit without high expectation as regards the arrangement of furniture, items and personal effects in the apartment then that house has to be owned by a bachelor. It’s a ...

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Dangote Cement introduces BlocMaster to end building collapse

dangote cement

Cement trucks, operated by Dangote Cement Plc, deliver supplies to the construction site for the Eko Atlantic city project, developed by Eko Atlantic, near Victoria Island in Lagos, Nigeria. As part of efforts to end cases of building collapse in the country, Dangote Cement has come out with Dangote BlocMaster Cement. According to the group managing director, Joe Makoju, the ...

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NIQS urges reforms in construction industry, unfolds innovations

NIQS

In a move to embrace modern procurement systems, procedures and processes in the construction industry, quantity surveyors have introduced new innovations to its practice. Apparently to increase the number of registered young members, the Nigerian Institute of Quantity Surveyors (NIQS). (NIQS) has now opened its profession to all graduates and created divisions such as building, civil engineering, mechanical and electrical ...

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Flood submerges over 140 communities in Delta

Flood

The ravaging flood has submerged over 140 coastal communities in Delta State destroying property worth billions of Naira. The most affected communities are from Warri South-west, Warri North, Ndokwa West, Ndokwa East, Oshimili South, Ughelli south and north, Burutu, Patani, Isoko south, Aniocha South and Bomadi Local Government Area of the state The ravaged communities include; Ofonibeinghan, Bomadi, Patani, Agoloma, ...

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Ajimobi Commissions FRSC New Office Complex, Pledges Support

FRSC

The Governor of Oyo State, Senator Abiola Ajimobi has commissioned the Federal Road Safety Corps (FRSC) office complex for Oyo State Sector Command, Ibadan, with a pledge to support the Corps to attain the target of 50% crash reduction by 2020 in line with the United Nations projection. Represented by the Deputy Governor, Chief Moses Alake Adeyemo, Governor Ajimobi charged ...

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FMBN, Labour stakeholders flag off N10b housing units for workers in Kogi

FMBN

Federal Mortgage Bank of Nigeria (FMBN) under the aegis of National Affordable Housing Delivery Programme( NAHDEP) in collaboration with labour stakeholders in the country have flagged off a N10 billion housing projects for workers in Kogi State. Addressing the stakeholders in Lokoja on Thursday during the groundbreaking ceremony of the scheme, the Managing Director/Chief of executive of FMBN, Arch. Ahmed ...

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