Real Estate

Lagos – A 22-year-old man, John Kujes, who allegedly stabbed his co-tenant, Tony Jaosu, with an arrow on the shoulder, was on Thursday brought before an Apapa Magistrates’ Court, Lagos. Kujes, a resident of Abule Ado area of Lagos, is facing a charge of assault, to which he pleaded not guilty. The prosecutor, Sgt. Olusegun Kokoye, told the court that ...

…As stakeholders propose affordable housing bill to NASS Experts in the housing sector of the nation’s economy at the weekend called on the Federal Government to introduce subsidy in the sector to enable the country achieve the dream of providing affordable housing for the citizenry. They argued that such measure if applied, would not only help greatly in abridging the ...

As part of the war against tax evasion in Lagos, the Lagos State Internal Revenue Service (LIRS) on Thursday shut 11 hotels, restaurants and event centres over alleged failures to remit their taxes under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009. Mr Seyi Alade, Director, Legal Services of the LIRS, said this after a state-wide tax ...

THE Federal High Court in Lagos yesterday ordered the temporary forfeiture of two penthouses valued at $4.760 million, which allegedly belong to former Petroleum Resources Minister Mrs. Diezani Alison-Madueke. The properties are: Penthouse 21, Building 5, Block C, 11th floor (Bella Vista Estate) Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos. Justice Mojisola Olatoregun ...

The UN migration agency is stepping up the rate at which it flies migrants home from Libya, aiming to evacuate up to 15,000 in the final month of the year. The acceleration of returns is an attempt to ease severe overcrowding in detention centres, where numbers swelled after boat departures for Italy from the smuggling hub of Sabratha were largely ...

Mr Gbolahan Lawal, the Lagos State Commissioner for Housing, has assured residents of the state of government’s commitment to delivering quality and affordable housing in Lagos for all residents. Lawal stated this at the opening of a workshop on “Building an End-End Ecosystem for Affordable Housing,’’ in collaboration with the Nigeria Mortgage Refinance Company(NMRC) Plc and Mortgage Warehouse Funding Ltd. ...

In certain situations it’s important to have the expertise of a trained and experienced professional. Their experience from their past clients has provided them with insight that can help you when you need it the most. This might remind you of a time when you needed to visit a doctor or another professional, then what if you’re about to buy ...

The Asset Management Corporation of Nigeria (AMCON) and Sterling Bank have been accused of the illegal sale of portions of Victory Park Estate belonging to an indigenous real estate development company, Grant Properties Limited (GPL). The portion of land allegedly sold by the Bank was 10 hectares, which was valued at N5b billion at the time of the sale from ...

According to the National Bureau of Statistics (NBS), no fewer than 3,743 people died in road accidents in the last nine months. This NBS Road Transport Data for first, second and third quarters of the year showed that 1,466 people died in the first quarter, 1,207 in the second quarter and 1,070 in the third quarter. The data, however, indicated ...

Home Inspections are they Important? Should a buyer get a home inspection for a home they are buying? Should a seller order a home inspection prior to putting the property on the market? There are advantages for both. Simply put, a home inspection is a visual examination of both the physical structure and major systems of the entire home including: ...