Real Estate

In June, Lagos State Governor, Akinwunmi Ambode launched CLI – an abbreviation for Cleaner Lagos Initiative and the Lagos Environmental Sanitation Corps, LAGESC, to alleviate the problem of environmental pollution in Lagos state. In this article, we look at the poor waste management practices in Lagos that led to the introduction of CLI and LAGESC in line with world practices. ...

“Global law firm Hogan Lovells has launched its first Special Report on Investment in Africa 2017, an extensive and innovative guide to the legal framework for investment in 23 of the 54 African nations. Available in print and online, the report is an up-to-the-minute, comprehensive yet easy-to-read digest covering the legal implications for companies investing in and around Africa.”- Business ...

“The continued shortage of affordable housing in the country remains a sore point for experts and other stakeholders in the built environment.”- The Nation The experts, like the Managing Director, M.I. Okoro and Associates, Mr. Meckson Okoro, have not ceased to wonder why, in a nation of over 180 million people, not up to 20 per cent of them can ...

“A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how over N11tr for electricity was allegedly squandered under the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar‘Adua and Goodluck Jonathan. According to the report, “The total estimated financial loss to Nigeria from corruption in the electricity sector starting from the return to democracy in 1999 to ...

Dad’s sudden collapse following Onyeka’s revelation destabilized everyone present. With the help of Cletus I tried to resuscitate him and in no time he was brought out of his unconscious state. We took him to the car to stabilise whilst we dealt with the issue on ground. “Oga Cletus, make sure this matter is resolved before we leave this place. ...

“World Bank-assisted farm owners at Okpuno and Umubor in Umuzu community of Ogbaru Local Government Area of Anambra State, have cried out over the destruction of their properties and farmlands worth about N10 million, due to Anambra flood. They blamed it on incessant rainfall, poor drainage system and rising water levels in the area. The Chairman of the Children of ...

“At a time when half of the world’s six billion people are living in cities and facing unprecedented growth of urban population, mainly in the developing countries like Nigeria, land economists last week proposed that the federal government create enabling environment for private sector delivery of housing as against direct construction by ministries, departments and agencies.”- The Guardian Top executives of ...

The Nation reports that the Borno Government on Tuesday said about one million houses and public structures were destroyed by Boko Haram insurgents in the 27 local government areas of the state. The insurgents also destroyed properties worth over N1.9 trillion in the past six years. The Permanent Secretary, Ministry of Rehabilitation, Reconstruction and Resettlement, Alhaji Yerima Saleh, disclosed this ...

“Members of Experiential Marketers Association of Nigeria (EXMAN) have been charged to see innovation, capacity development and solidarity among others as key factors to grow the industry. Outgoing President of the association, Dr. Rotimi Olaniyan, stated this at the inaugural industry awards, when he said these attributes would aid the speedy growth that is anticipated by industry players and practitioners.” ...

A Real Estate Investment Trust (REIT) is an organization that engages in financing and investing in real estate directly, either through mortgages or properties thus generating a high level of income, diversification and long-term capital appreciation for investors. This article educates us on the function of REITs. REITs can be public, private and non-listed but most REITs are listed on ...