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Real Estate

Toke Makinwa shares beautiful photos from her construction site

Toke Makinwa

Media personality, Toke Makinwa has shared stylish photos on Instagram but it’s the caption that caught our attention. In the caption, she revealed that she has a building currently being constructed. She says: “All is well in my world ? soooo extra, visiting my site in heels ?. Well kitten heels though ?” #Dressedlikealady #TMissababygirlforlife #TMmini #TMminibags #OnBecomingmore READ ALSO: ...

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Real estate funds will boost economic activities —Report

real estate funds

The FSDH Research has said that a real estate funds are investment vehicles that can be used to address Nigeria’s housing shortage and encourage economic activities in the real estate sector. FSDH Merchant Bank stated this in its report on ‘Real estate fund — Investment vehicle to address housing shortage in Nigeria.’ It observed that there was a significant shortage ...

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Experts optimistic about real estate performance in 2019

real estate

Going by the improvement in the nation’s microenvironment and the positive projections for 2019, the real estate sector is expected to ride on the back of these and other strides it ought to make, and put in a better performance in the year 2019. Though the sector had been generally sluggish in 2018 because of the lull in the nation’s ...

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Engineer seeks more private sector participation in housing

Private sector

The immediate past chairman, Nigerian Institution of Civil Engineers (NICE), Abuja chapter, Engr. Ben-Osy Okoh has sought the need for all levels of government to open up space for more private sector participation in housing and other sectors of the economy. In an interview with journalists in Abuja, he noted that investors are interested in investing in Nigeria but are ...

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Abia State: 3 storey building under construction collapses

building

Tragedy was averted after a three storey building under construction collapsed yesterday night after the heavy rain in Aba, Abia state. According to sources, the building which is located at the extreme end of park road by east street collapsed due to the alleged use of substandard building materials. It was gathered that two persons were trapped in the building ...

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Fire destroys INEC office in Imo

property

The Independent National Electoral Commission’s office (INEC) in Isiala Mbano, Imo North was on Monday gutted by fire, destroying materials and some infrastructure. The cause of the fire was yet to be ascertained as at press time. When newsmen were contacted, the INEC Public Relations Officer, Emmanuella Ben-Opara, confirmed the incident and described it as very unfortunate. The PRO explained ...

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28-year-old man docked for allegedly breaking into an office, stealing N1.6m

Man

Lagos – A 28-year-old unemployed man, Taiwo Ogunmodede, who allegedly broke into a real estate firm and stole N1.6 million, on Monday appeared in a Yaba Chief Magistrates’ court in Lagos. Ogunmodede, whose address was not provided, is charged with two counts of burglary and stealing. The prosecutor, Sgt. Modupe Olaluwoye told the court that the defendant on Oct. 24, ...

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Lagos landlord arraigned for allegedly raping 14-year old girl

Lagos

The defendant, James Inuoha, was arraigned before a Lagos State High Court in Igbosere on charges bordering on defilement. According to the prosecutor, Jide Martins, the defendant willfully had unlawful sexual intercourse with the victim without her consent. Martins told the court that the incident happened on January 4, 2016, around 11.30am at No. 25 Samuel Amoore Street, Idowu Estate, ...

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Affordable housing: FMBN launches rent-to-own scheme for workers

rent-to-own

Amidst growing concern that the efforts of government agencies to tackling housing deficit in the country is grossly insignificant, the recent launch of the rent-to-own housing scheme by the board of the Federal Mortgage Bank of Nigeria, (FMBN) may make housing more affordable for Nigerian workers who cannot build or buy homes from their meagre income. The scheme is seen ...

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Firm pledges to tackle housing shortage in Oyo

housing shortage

A housing development firm, Structuracasa Nigeria Limited, says it plans to help in reducing housing shortage in Ibadan, the Oyo State capital. The firm stated that in its bid to transform the housing sector in the state and enhance it to world standards, it had developed three projects in Ibadan. It said in a statement that the projects had been ...

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