Real Estate

For alleged willful destruction of property valued at N120 million, a 45 years old land grabber, Emeka John Onugha has been arraigned before a Lagos Magistrate Court sitting in Igbosere. The suspect was arraigned before Chief Magistrate Folashade Botoku by Inpector-General Monitoring Team, (IGP Monitoring) Abuja on a seven count-charge. His offence borders on conspiracy, felony, willful destruction of building, ...

The Federal Housing Authority (FHA) established in 1973 is charged with the preparation of proposals for national housing programmes as well as execution of such housing programmes. It also develops and manages real estate in all states of the federation. The President Muhammadu Buhari-led administration had at many fora reiterated its commitment to the provision of affordable houses to Nigerians. ...

Minna branch of Nigeria Society of Engineers (NSE), has stressed the need to urgently come up with road sector reform that would allow for private sector participation to ensure availability of funds and technical support services for road pavement management system. The chairman of the branch, Prof (Eng) Mohammed Baba Ndaliman, said in a news conference, yesterday, that the call ...

Stakeholders in the building industry and governments at all levels have been encouraged by construction experts to embrace a new technology that saves cost, allows construction materials to be reused 200 times over and also checks sharp practices and quackery during construction. The call was made during a one-day seminar tagged: “Modern Buildings, Modern Structures, the How, the Why and ...

Some Landlords whose houses were being used as magistrate courts have given the Ondo State Judiciary a quit notice over inability of the judicial arm of government to pay rents of property converted mainly for adjudication purposes for several years. Until the building of new Magistrate Courts in Akure, the state capital, the courts had used Olukayode House at Oshinle ...

Impediments to success on your construction site can come in diverse forms. One of the notable challenges you may come across on your construction site are the antics of suppliers and construction workers. This article highlights the 8 antics to expect from suppliers and construction workers on your site. If you are not on site for your building project in ...

No one wants to lose in any real estate negotiation situation. The buyer would love to buy for as low as possible, whilst the seller would rather sell at the highest possible price he can get. Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer ...

Nigeria recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory. The sectoral analysis of the commitments indicates that investors were willing ...

The Ogun State Government has slashed by 67 per cent the ground rent for Base Transceiver Stations owned by IHS. The Chairman of the Nigerian Communications Commission, Senator Olabiyi Durojaiye, while speaking at the NigeriaCom conference in Lagos, said this was made possible by the intervention of the commission. As such, he said the Ogun State Government had agreed to ...

Is there really a main difference between a house and a home? Going by the dictionary definition, a house is simply defined as a building for human habitation especially one that consists of a ground floor and one or more upper storeys while a home is a place where one lives permanently as a member of a family or household. ...