Real Estate

Mr. Rowland Abonta, the National President of Nigerian Institution of Estate Surveyors and Valuers (NIESV), at the weekend, decried the poor remuneration of operators in the real estate subsector of economy. Mr. Rowland Abonta, the National President of NIESV, made the observation while inaugurating the Corporate Affairs Committee for the 2018/2019 year in line with the provision of the institution’s ...

Bayelsa State Governor, Honourable Henry Seriake Dickson has assured workers on the timely completion of the ongoing low-cost housing units in Ayama and Agbura in Southern Ijaw Local Government and Yenagoa Local Government Areas of the state. He said on completion, the projects will decongest Yenagoa, the state capital and as well afford low-income earners the opportunity to own affordable ...

Includes simple definitions of real estate terms from the global real estate community. Buying a home or land can be stressful, and overwhelming, but knowing what you are signing on for is paramount to securing an investment that will serve you well. A little education can go a long way. Below is a glossary of key terms associated with all things ...

A Kaduna High Court says the State Government risks court contempt and disobedience order if it demolished Sen. Suleiman Hunkuyi’s personal house at No. 18A, Inuwa Wada Road, Kaduna. The state High Court said there was an earlier order restraining the state government from any action on the property pending before it, warning that any action contrary to its order ...

The rescue team of the Abaji Unit Command of the Federal Road Safety Corps (FRSC) has recovered N589,950 cash from a vehicle that crashed at Gada- Biyu village on the Abuja-Lokoja Road. Abaji Unit Commander of the FRSC, ACC Olasupo Esuruo, who disclosed this to our reporter yesterday in his office, said two persons lost their lives in the crash. ...

Prof. Umar Danbatta, the Executive Vice- Chairman, Nigeria Communications Commission (NCC), on Thursday said Nigeria’s economic development could only be facilitated and accelerated by the availability of infrastructure. The executive vice-chairman made this assertion during the Business Journal’s 10th Anniversary Lecture and Award held at Sheraton, Ikeja. The theme of the event was: “Infrastructure and Economic Growth: Exploring the Strategic ...

Property Theft – A Karu Grade 1 Area Court, Abuja, on Wednesday ordered the remand of 22-year-old Nasiru Mohammed, for allegedly stealing hotel property. The judge, Sani Mohammed, ordered the defendant to be remanded in prison pending further order of the court. Earlier, the prosecutor, Vincent Osuji, told the court that one Chukwuemeka Ajah of Miami Escape Hotel, Karu, Abuja, ...

The Minister of Transportation, Rotimi Amaechi, has said N100billion would be needed by the contractors to complete the dualisation of the East-West road. Mr. Amaechi, together with the Minister of Niger Delta Affairs, Uguru Usani, said this during the inspection tour of the dualisation of the East-West road, which started from Warri to Eleme junction. According to him, political opponents ...

The federal executive council has approved two executive orders and five amendment bills to remove value-added tax on residential properties and amend the company income tax law. While briefing state house correspondents on Wednesday, Kemi Adeosun, the minister of finance, said the amendments will reduce the tax burden on Nigeria and boost ease of doing business. Reports show that the ...

Ondo State Government has approved the sum of N11.29b for infrastructural projects across the three Senatorial Districts of the state. The development was part of the government unbridled desire and commitment to building Infrastructure and providing enabling environment for investment to thrive in the state. The State Commissioner for Education, Science and Technology, Pastor Femi Agagu who doubles as the ...