Real Estate

Prof. Yemi Osinbajo would be declaring open the 12th edition of the Abuja International Housing Show, aimed at boosting housing investment in Nigeria. Festus Adebayo, Managing Director, FESADEB Communications Ltd., and the convener stated this in an interview with the News Agency of Nigeria on Monday in Abuja. The housing show which is the largest real estate festival in Africa ...

Another tanker explosion happened along Suleja road in Niger state this morning. This accident has occurred barely 24 hours after the petrol tanker explosion on Otedola bridge in Lagos that claimed the lives of 9 persons including a minor. The fire accident occurred at Mallam Karo, along Minna-Suleja Road involving a collision between a truck and a fuel tanker. The ...

Professionals in the housing industry, including other sundry stakeholders in business sector of the economy, are worried that many abandoned properties belonging to the Federal Government in Lagos are rotting away, despite different calls and efforts by individuals and firms to resuscitate the multi-billion naira worth edifices. Concerns emanate from the fact that despite the cry over accommodation deficits in ...

We got news this morning that Nigeria Real Estate hub ranked number 8 on the list of best 25 blogs in Nigeria. We are currently basking in the euphoria of this achievement because to become one of the Best Nigerian blogs from thousands of Nigerian blogs on the web using search and social metrics requires hard work, relentless efforts from our ...

Lekki Coliseum came alive last Sunday, 1st July 2018, when City People Magazine held its 4th City People Real Estate Awards which was attended by a lot of Real Estate companies’ CEOs in the Real Estate industry. Mr. Babatunde Raji Fashola, the Minister for Power, Works and Housing, was the Special Guest of Honour. He could not make it but ...

Imo State – A prosecution witness, Abu Sule, has told a Federal High Court sitting in Abuja that Ikedi Ohakim, a former governor of Imo State, gave him $2.2 million cash, which he used to purchase a property located at No. 60, Kwame Nkrumah Street, Asokoro, Abuja. Mr. Ohakim is being prosecuted by the EFCC on a three-count charge bordering ...

The Plateau State government has said the people protesting the Barkin-ladi killings that claimed over 86 lives invaded the Government House on Wednesday and in the process destroyed public property worth millions of naira. A statement by the director of press and public affairs, Emmanuel Nanle, Wednesday night sent to journalists in Jos and obtained on Thursday morning, said the ...

The Lagos State government is perfecting plans to prosecute the owner and driver of the ill-fated fuel tanker which exploded last Thursday on Otedola Bridge, inward Ojodu Berger, along Lagos-Ibadan Expressway, Imohimi Edgal, the state’s Commissioner of Police, said on Monday. Already, Adeniji Kazeem, the state’s Attorney General and Commissioner for Justice, had at the weekend written to Edgal to ...

Former President, Chief Olusegun Obasanjo yesterday requested China to give $90bn to Africa for the development of infrastructure, saying it was the only way the current acute infrastructural deficit on the continent could be addressed. The money is to be spread for nine years. Speaking at the forum organised by the Gusau Institute in collaboration with the Centre for Nigerian ...

It appears the Lagos State Government is struggling to secure investors’ buy-in for the development of the much anticipated 4th Mainland Bridge, as the government has failed to name the preferred bidder for the project contrary to its promise to do so by June 2018 which has just ended. The state had assured in April this year that it would ...