Real Estate

LAGOS – Professionals in the real estate sector have urged both the federal and state governments to find lasting solutions to some of the challenges affecting the sector.  The practitioners who spoke at the just-concluded fourth edition of the Real Estate Outlook Conference themed ‘Repositioning Nigeria’s Real Estate Industry for a new decade’ outlined the challenges to include: inadequate appropriation of ...

The police have arraigned a 30-year-old woman, Kudirat Balogun, before Tinubu Magistrates’ Court for allegedly stabbing a tenant living in her father’s property with a broken bottle. Balogun, who resides at Iduwo Eletu Street, Awoyaya, Ibeju Lekki, Lagos, has been charged with two counts of conspiracy and attempted murder. The prosecution counsel, ASP Ben Ekundayo, told the court that the ...

Counsel to the Kwara State Government and Asa Investment Ltd yesterday narrated why out-of-court settlement on the disputed property collapsed. Following the discussions on the resolution of the disputed land on which the Ile Arugbo was built, Justice Abiodun Adebara of a Kwara State High Court, sitting in Ilorin, has fixed March 25 for the hearing of the suit challenging the ...

The Vice-Chancellor of Bayero University Kano, Muhammad Yahuza Bello with the school management staff, students and members of the school community have lauded the federal government on the rehabilitation of internal school road projects within the school premises. The school management expressed their appreciation to the minister of Works and Housing during an award ceremony to him while thanking him ...

Motorists and commuters on Sunday lamented the hardship they faced on the Long Bridge and the Kara end of the Lagos-Ibadan Expressway despite the reopening of a lane of the road after two months of reconstruction. Newsmen had reported that the Federal Controller of Works, Lagos, Mr. Adedamola Kuti, had said that the Berger/Kara section of the road would be ...

Subscribers of the Nationwide Workers’ Housing Scheme have called on the Federal Government and the Nigerian Labour Congress (NLC) to stop Goodhomes developer from alleged selling of civil servant’s land in Apo-Tafyi. Chief Emeka Anuna, Chairman of the Concerned Subscribers, made the call at a joint news conference with NLC on Monday in Abuja. Anuna expressed concern that the project ...

The Nigerian Air Force (NAF), through the Air Task Force (ATF) of Operation LAFIYA DOLE, has destroyed some Boko Haram Terrorist (BHT) structures and logistics facilities at Garin Maloma and Parisu in the Sambisa Forest general area of Borno State. The Director of Public Relations and Information Air Commodore Ibikunle Daramola in a statement said the airstrikes were executed on ...

Justice Sybil Nwaka of the of the Ikeja Division of the Lagos State High Court yesterday rejected an out-of-court settlement between the state government and Lekki Gardens Estate over a building collapse in 2017 in which 34 persons were reported dead. The judge rejected the “Plea and Sentence Agreement” between the state and the company because it was drawn up ...

The Osun State Fire Service, on Monday, confirmed a midnight fire outbreak at the Odo-Ogbe, Ile-Ife New Market razing four shops and property worth N2 million. Mr. Adeyinmi Adeleye, Senior Fire Superintendent, Osun State Fire Service, Lagere, Ile-Ife, confirmed the incident in an interview with newsmen in Ile-Ife. Adeleye disclosed that the midnight fire which razed four shops at first ...

A property developer is predicting that a surge in demand for residential and commercial accommodation in Imo State is expected to trigger heightened activities in housing estate developments, with special attractions for Owerri and its environs, as well as the Southeast in general. Chima Ifekwe, vice president of JLN Builders Nigeria Limited, an affiliate of JLN Construction Services, LLC USA, ...