Real Estate

The suspension was to fast track the completion of the new Lagos-Ibadan standard gauge line which required shifting the existing narrow gauge and relaying it to accommodate the standard gauge rail line. The Nigerian Railway Corporation (NRC) says it is awaiting official communication from the contractor handling Lagos-Ibadan standard rail line to resume suspended Lagos-Ogun rail mass transit operations. It ...

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth However, you need to make sure you are ready to start investing in real estate. For one, you will ...

Enyeribe Ejiogu, Olakunle Olafioye, Henry Okonkwo (Lagos), Chuks Onuoha (Umuahia), Tony Osauzo (Benin), Jeff Amechi Agbodo (Onitsha), Jude Chinedu (Enugu), Noah Ebije (Kaduna) In keeping with the electoral promises of the All Progressives Congress (APC) in 2015 and 2019, Nigerians who had hoped to see real steps towards ameliorating the housing deficit situation in the country may have again been ...

The Federal Road Safety Commission (FRSC) has reiterated its commitment towards collaborating with traditional rulers to intensify efforts aimed at reducing auto crashes. The commitment was made by the Zonal Commanding officer, Bauchi Zone Rs. 12, ACM, Imoh J. Etuk during the 2019 Special Marshals sectoral workshop held yesterday at the Development Exchange Centre (DEC), Bauchi. The zonal commandant explained ...

The Lagos State Government on Sunday closed down eight worship centres across the state for contravening environmental pollution regulations. Dr. Dolapo Fasawe, General Manager, Lagos State Environmental Protection Agency (LASEPA)who led the exercise, said that the facilities were closed down to save the people from health crisis that might arise from the activities of the centers. LASEPA boss said that ...

Some aggrieved landlords in Ogun State, who are still awaiting compensation four years after the demolition of their buildings under former Governor Ibikunle Amosun for road construction, have appealed to Governor Dapo Abiodun to pay the money, which they claimed is over N500million. Newsmen learnt that the landlords, who spoke under the auspices of Yakoyo-Odozi-Ojodu landlords Association in Ifo South ...

A property developer; ASUCON and Company Nigeria Limited has accused the Lagos State Urban Renewal Agency (LASURA) of forceful eviction and allege breach of leasehold agreement on a property located at Tinubu square in Lagos Island. The property, a two-storey building comprising, offices and stores was developed by Asucon and Company Nigeria Limited through a joint agreement with LASURA on ...

The Nigerian Senate has called on Federal, State, and Local Governments to construct more public toilets to battle the growing scourge of open defecation in the country. The upper legislative chamber said it was not enough to complain or acknowledge the rise in open defecation, but that practical action must be taken to solve the problem. The appeal by the ...

Asset Management Corporation of Nigeria (AMCON), has taken over two properties belonging to Hon. Ademola Seriki, in Lagos, and Abuja, over an outstanding staggering indebtedness of nearly N1billion. The action follows an order by Hon. Justice Chuka Austine Obiozor of the Federal High Court, Lagos. The case between AMCON and Seriki, a former Minister of State for Defence as well ...

The old students association of the Oke-Ado High School, Oke-Ado, Ibadan, has expressed its readiness to complement the efforts of the government towards the infrastructural development of the school. The president of the ’87 set of the school, Mr. Qasim Abiodun, gave the assurance at the commissioning of the renovated block of six classrooms embarked upon by the set in ...