Real Estate

A Federal High Court sitting in Lagos has ordered the interim forfeiture of three properties linked to Kola Aluko, located in Lagos and Abuja The EFCC told the court that the property in Lagos was purchased with the sum of 55 million dollars while the two properties in Abuja was purchased with the sum of 18 million dollars and N350m ...

Abuja – The Federal Mortgage Bank of Nigeria (FMBN) will partner the Brekete Family a reality radio and television programme, to create more awareness on its several products aimed at ensuring affordable houses for Nigerians, Mr. Ahmed Dangiwa, says. Dangiwa spoke in Abuja on Tuesday when Mr. Ahmed Isah, President and Founder of Brekete Family, paid him a courtesy visit. ...

There was a mild drama at the Customary Court, Agege, Lagos on Tuesday after a wife refused to release the house keys to her husband on the order of the court. The husband, Otunba Fatunwase Aderemi, who is the petitioner, is begging the court to dissolve his marriage to Esther Aderemi and grant his request to take custody of his ...

The Tolaram Group, maker of Indomie Noodles, is building the biggest port in West Africa on the east side of Lagos with $1bn facility from China, according to newsmen. A report in Financial Times on Tuesday said the Singapore-based company was set to close financing this week for what could be the busiest port in West Africa sub-region, which would ...

With the fast rising cost of owning a house in Nigeria, you are probably on the lookout for an alternative low-cost house that helps you become a homeowner without drilling a gaping hole in your pocket. Architects have maintained that a growing population of people are opting for building their own homes as opposed to buying a property. This explains ...

The Federal High Court Abuja, on Tuesday, granted an order of interim forfeiture of 23 properties belonging to Abdulrasheed Maina, Chairman of the defunct Pension Reform Task Team. Justice Folashade Giwa-Ogunbanjo gave the order of interim forfeiture following an ex parte application filed by the Economic and Financial Crimes Commission, EFCC. The court also gave an order directing the publication ...

The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, on Monday paid unscheduled visits to five public schools in Lagos Island to assess their state of affairs. The deputy governor visited Ade-Oshodi Memorial Baptist, Okesuna; Fazil-omar Ahmadiya Primary School, Ebute-Elefun, Sura; Dolphin Junior and Senior High Schools and Handy Craft Centre, Ebute-Elefun, all in Lagos Island. Speaking during his interactions ...

The two children, Igulapelewe Inusokan and Justinah Feiwei, who were initially declared missing at Ajapa under Ese Odo Local Council Area, were found dead over the weekend.  At least two children have lost their lives as a result of flooding in Ondo State while several persons have been sacked from their homes by the incident. The two children, Igulapelewe Inusokan ...

Lagos Governor, Babajide Sanwo Olu has indicated readiness of his administration to dredge the Aboru canal, in Alimosho Local Government Area. He spoke through the Commissioner for Environment and Water Resources, Tunji Bello, when he undertook tour of affected areas that were negatively affected by the rise in seawater level and continuous torrential rainfalls. Sanwo Olu reiterated his call for ...

Governor of Lagos State, Mr. Babajide Sanwo-Olu has called on experts in the construction industry to deploy digital construction technology to assist in the management of land in the State. The call was contained in a keynote address delivered on his behalf by the Special Adviser, Works and Infrastructure, Engr Aramide Adeyoye at an event in Lagos, recently. He said, ...