Real Estate

The Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC), on Wednesday, January 29, 2020, arrested a 33-year-old landlord, Stanley Ejike Awam and 10 of his tenants, who are suspected to be internet fraudsters hibernating in his house. Awam was apprehended for allegedly providing shelter for the suspected internet fraudsters while the 10 suspects popularly known as Yahoo ...

The Minister of Works and Housing, Mr. Babatunde Fashola, says road construction has enabled the government to create jobs and promote procurement. Fashola made this assertion on Tuesday during his inspection tour of the Jebba-Mokwa-Bokani road in Niger. The road is one of the five roads under construction listed for inspection during the two-day tour of the minister. Earlier, the ...

The Federal Government has said it would demolish more structures to pave way for the ongoing reconstruction of the Lagos-Ibadan Expressway. The Director of Highways, South West, Federal Ministry of Works and Housing, Funsho Adebiyi, made this known Tuesday during a tour of roads including the Ikorodu-Sagamu Road and Apapa-Oshodi-Oworonshoki expressway. Adebiyi stated that the reconstruction of the Lagos-Ibadan Expressway ...

A man, Sunday Yusuf Achor, 46, has been dragged before a Grade One Area Court in Karu for allegedly violating traffic rules and intimidating public officers.  The prosecutor, Adeyanju A. Ayotunde said the defendant disobeyed traffic rules by taking one-way and resisted efforts by police officers to arrest him.  He said the defendant, instead of complying used his mobile phone ...

The Federal Government says it will commence the allocation of the first phase of the National Housing Project (NHP) in 2020. The Minister of Works and Housing, Mr. Babatunde Fashola made this known at the 2-day inspection tour of five highway projects in Niger state on Tuesday. According to him, it was part of the commitment of President Muhammadu Buhari ...

It was earlier in November of 2019 that a fire incident was recorded in Balogun market. Now, another fire incident has occured. From the video shared, it was gathered that the fire had affected about four plazas in the market, one of which is the popular ‘Anambra Plaza’. While the cause of the fire is yet to be identified, the ...

Three officers of the Federal Road Safety Corps identified as Abochi John, Maxwell Odey and Juliet Enakireru, were arraigned on Tuesday for their alleged involvement in the burgling of a shop. They were arraigned alongside one Anietie Udoh before an Akwa Ibom State High Court, Itu Division. However, Enakireru was absent during the arraignment. The FRSC officers became suspects after ...

A group has urged the Federal Ministry of Works and Housing to immediately revoke the contract for rehabilitation of some roads in Kaduna, Katsina and Zamfara states over slow pace and poor work done. The group, under the aegis of Equity Alliance, called for the revocation of the rehabilitation contracts for Zaria-Pambegua Road, Zaria- Hunkuyi- Kafur-Gidan Mutum Daya Road, the ...

In a bid to deepen the impact of its affordable housing delivery programs to a greater number of Nigerian workers within the low and medium-income bracket nationwide, the Federal Mortgage Bank of Nigeria (FMBN) has solicited for more robust collaboration with state governments. This includes stronger support and participation of states in the National Housing Fund (NHF) Scheme, provision of ...

Technology and data are finally shaking up the world of commercial real estate, allowing the industry to make more informed decisions, respond quicker to consumer trends, and take on more complex projects, says consultancy Altus Group. The Toronto-based real estate firm said that for the first time, a majority of 400 global commercial real estate executives polled said they are ...