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Real Estate

How FMBN can boost housing stock, by professionals

Primary Mortgage Banks

“With Nigerian mortgage industry entering a new era in which efficiency, speed and the customer experience will be more crucial than ever, housing professionals have urged the new helmsman of the Federal Mortgage Bank of Nigeria, (FMBN) Ahmed Dangiwa to focus on cheap and long term funds, with low digit interest rates and longer debentures.”- The Guardian They believe that housing ...

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Jim Iyke expands into real estate business

Jim Iyke expands into real estate business

“Popular Nollywood actor, Jim Iyke who delved into manufacturing business called Burgeon Global  a few years back, is now plotting to expand into real estate business and services.”- Vanguard Jim Iyke took to his Intagram page this weekend to announce his latest effort. “Men at work. Lustrous Dynamic Global Services; future horizons. Unveiling soon,”he wrote. In another post, Jim Iyke ...

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“Nigeria remains best haven for real estate”

Nigeria remains best haven for real estate – Sujimoto CEO

“Despite the current economic recession in the country, Nigeria remains the best place for real estate investment in Africa, Managing Director/Chief Executive Officer of Sujimoto, Sijibomi Ogundele has said. He urged global inventors to consider putting their money in Nigerian real estate sector, saying they would not regret it. Ogundele stated this, in his address, at  the IDE 10th Hotelier ...

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51 years after, members celebrate new church building

51 years after, members celebrate new church building

“The Resurrection of the Lord Orthodox Cathedral Church yesterday opened a new Cathedral in Lagos. Members and non-members, including those that God used to achieve the feat attended the event.”- The Guardian The Archbishop of Orthodox Archdiocese of Nigeria, Alexander Gianniris, presided over the service tagged: “The solemn opening and first Divine Liturgy of the New Cathedral Church of the ...

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‘Building technology now makes home delivery faster, affordable’

‘Building technology now makes home delivery faster, affordable’

According to The Guardian, building environment experts have revealed that cutting-edge technology holds key to lower house prices and increasing affordable housing stocks that could mitigate the nation’s deficit. According to them, with the latest technological invention in building construction, homes can be easily made through the use of ‘form works or aluminum mold’ down to the top without the ...

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Lagos generates N20 billion in land administration

Lagos state governor donates 120 generators to Lagos police command

The Guardian reports that in spite of the challenging financial crisis in the country and its attendant effect on businesses, the Lagos State government has announced a revenue performance of N20.7 billion from land administrations in the last one-year. The performance, which surpassed the total revenue of N11.4 billion recorded in the previous year, came from transaction on the sales ...

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10 Interesting Real Estate Facts From Around The World

real estate facts

From superstitions to roller coasters- these ten interesting real estate facts from around the world and through history, will intrigue and entertain. In Scotland, home owners paint their front door red when they pay off their mortgage. Throughout history, a red front door has symbolized many things — the ancient Hebrews believed it would protect firstborn children from the angel of ...

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Obaseki to commission 3,000km of roads in first tenure

Obaseki to commission 3,000km of roads in first tenure

According to Vanguard, Governor Godwin Obaseki of Edo State has promised to complete over 3,000 kilometres of roads in his tenure, adding that the materials for the construction of the roads  will be sourced from the state and not outside. Obaseki, who disclosed this while commissioning the newly reconstructed Nevis Street in Benin with additional four link roads, said that ...

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Nigerian govt to employ 47,000 people to fix roads

Nigerian govt to employ 47,000 people to fix roads

“The Nigerian government is set to employ 47,000 people in its drive to fix roads across the country, an official has said.”- Premium Times The Minister of Power, Works and Housing, Babatunde Fashola, made this disclosure at a stakeholder’s meeting organised by the Council for the Regulation of Engineering in Nigeria, COREN, on Thursday in Abuja. Mr. Fashola noted that ...

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Tears as government demolishes Sabo market in Ikorodu

Tears as government demolishes Sabo market in Ikorodu

The Guardian reports that traders at Sabo Market in Ikorodu outskirts of Lagos State were greeted with a rude shock on arrival at the market yesterday as Lagos State government officials demolished their shops. It was gathered that the demolition was carried out by the officials of the Lagos State ministry of environment on Wednesday night when all the traders ...

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