Real Estate

“To facilitate the return of about two million Internally Displaced People (IDPs) in Borno State, the State Government has announced that it is completing the “reconstruction and renovations” of 32, 290 housing units in seven affected council areas of the state.”- The Guardian The local councils include; Bama, Gwoza, Konduga, Damboa, Kaga, Chibok and Mobbar, a border council area with ...

“There is a ray of hope for prospective land allotees and concessionaire under the Federal Housing Authority (FHA) FESTAC Town Phase II project, following Appeal Court ruling in favour of FHA on the 1,000 hectares property.” – The Guardian The authority and the Amuwo community have been in a running legal battle on whether due diligence was followed on the Land acquisition ...

“Skyscrapers in Hong Kong are the most expensive commercial real estate in the world, according to new analysis using rental values and yields.”- The Guardian Pricing for skyscrapers in Hong Kong has reached $8,000 per square foot, over 60per cent higher than tall buildings in Tokyo at $4,900 per square foot, according to the inaugural active capital report from international ...

“Building and Construction sector can help stimulate the economy and generate employment on a massive scale, the surveyors have said. “- Daily Trust The Quantity Surveyors Registration Board of Nigeria, QSRBN, stated this  at the 7th Building and Construction Economic Roundtable, BCERT7, held recently in Abuja. The round table was organized to generate ideas from stakeholders in the industry and ...

Borders are geographic boundaries of political entities or legal jurisdictions, such as governments, sovereign states, federated states, and other sub-national entities. In this article culled from wizelo.com we take a look at the 10 most interesting international borders in the world. Borders are established through agreements between political or social entities that control those areas; the creation of these agreements is called boundary delimitation. We have them everywhere because we want ...

“Nigeria’s biggest shopping malls are sitting half empty, as they are still suffering from the impact of the country’s first recession in 29 years. Rising unemployment and inflation rates have shown in significant decline in footfalls in the big malls, leading to high vacancy rates, a half year report on the performance of the real estate market has shown.”- Business ...

Getting an accommodation in the city of excellence is never a walk in the park. In most cases a tenant in Lagos does pass through thick and thin to find shelter because of the competitive nature of the city which is the fastest growing city in Africa, with a population of over 21 million people. In this piece, Solomon Izuagie,a ...

The Guardian reports that Legal battle over the soul of a landed property situate at 5, Oduduwa Street, GRA Ikeja, Lagos is raging between administrators of the estate of Late Samuel Iyiola Omotoso, and the Asset Management Corporation of Nigeria (AMCON), Ecobank, and Registrar of Titles, Lagos State. The bone of contention in the suit filed at Ikeja division of ...

“The Buhari Media Support Group (BMSG) on Thursday in Abuja, said the stolen funds traced to former Petroleum Minister, Mrs Diezani Alison-Madueke, could fund infrastructure development in the country.”- The Guardian Specifically, the group said in a statement by its Chairman, Mr Austin Braimoh and Secretary, Mr Cassidy Madueke, that government could build six world-class airports in each geopolitical zone ...

“Leaders of Ozubulu Community in Ekwusigo council of Anambra yesterday differed over the cause of Ozubulu Church attack where scores were killed on Sunday morning. While a section of the community attributed the killings to communal crises in the town, others said two rival groups who were strategising to produce the leadership of Ozubulu Development Union (ODU), carried the leadership ...