Real Estate

The Federal Road Safety Corps (FRSC) in Ogun on Thursday announced a temporary traffic diversion on the Lagos-Ibadan Expressway from Sunday, August 26. Clement Oladele, the FRSC Sector Commander in Ogun, said that the diversion was sequel to the ongoing construction of pedestrian bridge around Ibafo Bus Stop. Oladele said: “The diversion will enable the construction company building the pedestrian ...

Fresh facts have emerged that the built environment is still battling to contend with over N2billion losses recorded during two years of Nigeria’s economic recession. Findings indicated that the losses emerged from underpriced and vacant properties mostly within Abuja, Lagos and Port Harcourt. It was also revealed that the real estate sector is yet to recover from the loss compared ...

The Third Mainland Bridge, longest bridges in Nigeria and one of the top three in Africa that connects Lagos Island to the mainland areas will be temporarily closed from 12 midnight today till Sunday, August 26th, 2018. This is to enable test assessments on the level of the bridge, which is one of the most strategic and economic linking Lagos ...

The Federal Government, through the Nigerian Shippers Council (NSC), has disclosed plans to establish Truck Transit Park (TTP) in Ogbulafor Enugu State, at an estimated cost of $8.5million. The Executive Secretary, NSC, Hassan Bello, while receiving the Outline Business Case (OBC) at the Infrastructure Concessioning Regulatory Commission (ICRC), in Abuja, disclosed that the Public-Private Partnership (PPP) project would create over ...

Ibadan Electricity Distribution Company (IBEDC) said it has invested over N15.5 billion in major capital projects for the upgrading of infrastructural facilities in the last six months. The company’s Managing Director, John Donnachie, who said this at the weekend, added that the investment covered supply of 10,000 Distribution Transformer (DT) meters at N4bn. The meters, according to him, would greatly ...

The Federal Government has kept to its promise to rebuild institutions in Benue State destroyed by suspected herdsmen as the Presidential Committee on Victim Support Fund has earmarked N700 million for that purpose. This was disclosed by the Executive Director of the Fund, Professor Sunday Ochoche, on Monday in Gbajimba, the headquarters of Guma Local Government Area of the state ...

The Oluwo of Iwo, Oba Abdulrasheed Akanbi, has appealed to the Minister for Works, Power and Housing, Mr. Babatunde Fashola, to reconstruct the road that links Ibadan, Iwo and Osogbo. Oba Akanbi made the appeal in his palace yesterday while commemorating the Sallah festivity. He decried the pains the road users pass through on a daily basis, along the road, ...

A property developer, Ibrahim Ayinde, who allegedly defrauded 124 accommodation seekers of N25 million, has been charged to Ebute Meta Magistrates’ Court. Ayinde, aged 39, is facing a 125-count charge bordering on conspiracy and stealing over N25 million from 124 unsuspecting property seekers, under the pretext of securing for each of the victims a 4-bedroom apartment. The Prosecutor, ASP Clara ...

In order to become great agents, good agents need great real estate applications. In order to become top producers, great agents need the best real estate apps to aid their day to day activities. To help you find the best real estate apps, I have put together this guide of the 16 best real estate apps and tools on the online space ...

LAGOS – The National Council of Registered Insurance Brokers (NCRIB) has urged the Federal Government to make its Rent-to-Own Housing Policy to enhance affordability by eliminating the need for down payments and other costs associated with normal mortgage loan arrangements. Mr. Shola Tinubu, President of the umbrella Council of all licensed insurance brokers in Nigeria, who spoke to journalists at ...