Press release The Standards Organisation of Nigeria (SON), Nigerian Building and Road Research Institute (NBRRI), the Nigerian Institute of Town Planners and Lifemate Furniture Company, have endorsed the Lagos Housing Fair. By this, they have become the official partners of the fair. The specialized fair has attracted over 180, 000 persons since its debut in 2001. The fifteenth edition holds ...
Read More »Real Estate
The Garden Tomb That Housed Jesus
The Garden Tomb is believed by many to be the garden and sepulcher of Joseph of Arimathea and therefore a possible site of the resurrection of Jesus. The Garden is owned and administered by the Garden Tomb (Jerusalem) Association, a Christian non-denominational charitable trust based in the United Kingdom. Easter is only few days away, as Christians all over the ...
Read More »Cities And The Wealth Of Nations
It is quite usual to think of the wealth of nations or cities, as Adam Smith did. David Ricardo, in a letter to his fellow economist Thomas Robert Malthus, spoke of “the wealth and poverty of nations – the grandest of all questions in political economy”. Two centuries later, “national competitiveness” is seen as driving wealth creation for nations, regions ...
Read More »Tyga Sued By His Landlord For $75000 Worth Of Damage
Tyga is in it again with yet another landlord. TMZ reports that the landlord of the space he rents for his clothing company, Egypt Last Kings Clothing, is furious after finding the place in a state of disrepair and has sued the 26-year old rapper for being a ‘nightmare tenant’. Tyga is said to have caused $75000 worth of damage ...
Read More »Michael Jackson’s Children Face Losing 900m Inheritance Over Estate Debt
Micheal Jackson’s children £900 million inheritance could be drastically slashed. Big bills mean that Prince, 19, Paris, 17, and Blanket, 14, could see the money and their trust funds, which they reportedly have access to at 30, wiped out. Insiders have reportedly claimed tax authorities in America are chasing the late singer’s estate for £555 million, while the late singer ...
Read More »Buhari Urges APC States To Build 250,000 Housing Units Yearly
President Muhammadu Buhari on Monday tasked the 22 states governed by the All Progressives Congress (APC) to build 250,000 housing units per annum. This, he said, is to meet up with the election campaign promise of providing one million houses for Nigerians yearly. He spoke at the opening session of the two-day National Economic Council (NEC) Retreat on the economy ...
Read More »Railway Is The Biggest Stumbling Block For Real Estate Growth In Nigeria – Awofala
“The Ministry of Housing needs to work closely with the Ministry of Transportation. That’s how most major cities in the world have grown. Railway is the biggest stumbling block for Real Estate to grow in this country. If government can provide rail, you do not need to tell these Developers to Build” The above statement was made by Babafemi Awofala ...
Read More »Global City Momentum Index: A New Era Of Competition
This article on Global City Momentum Index talks about the current cycle of globalisation, urbanisation and technological advancement that has led to a shake-up of the global urban hierarchy and creating sweeping changes to the geography of commercial real estate opportunity. Cities with momentum pulse with creative energy from the minute you arrive—the palpable buzz of technological, artistic and economic ...
Read More »SON Declares War On Substandard Building Materials
The Standards Organisation of Nigeria (SON) has declared war on manufacturers of substandard building materials in order to curb rising trend of building collapse across the country. The Acting Director General of the SON, Dr. Paul Angya, disclosed this in Abuja when the executive members of the Nigerian Institute of Architects (NIA) visited him. Angya promised to partner with the ...
Read More »Lekki Gardens MD Detention; Rash Or Justified?
Last Friday, court ordered the remand of the Managing Director of Lekki Gardens, Richard Nyong and one of the contractors handling the project, Odofin Taiwo Henry for 30 days, as police investigate the deadly collapse of a five-storey structure handled by the firm. The building crumbled around 3am on the 8th of March killing about 35 people. In a country ...
Read More »