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Court Orders MD of Lekki Gardens Kept In Prison

Court Orders MD of Lekki Gardens Kept In Prison

An Ebute-Metta Chief Magistrate Court on Friday ordered the remand of the Managing Director of Lekki Gardens, Richard Nyong, for 30 days, as police investigate the deadly collapse of a five-storey structure handled by the firm. The building collapse at Kushenla Road, Ikate Elegushi area of the state, Tuesday, killed 35 people. The court also ordered one of the contractors ...

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India: Foreign Private Equity Investments in Real Estate Jump 33% to $2.22bn

Mumbai attracts 40% private equity investment in Indian real estate

Even as traditional sources of funding for the real estate sector have declined on account of weakening balance sheets of real estate companies across the country, the private equity investments have witnessed a jump. According to a report by real estate consultancy Cushman & Wakefield, total private equity (PE) investments from foreign funds in Indian real estate increased 33 per cent, from ...

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Vancouver Ranks Top in Global Luxury Real Estate Market

UAE property website raises $20m for MidEast expansion plan

A new report into the 2015 global luxury real estate market by Knight Frank ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same time period. Toronto placed at ...

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The World’s five Largest Landfills

landfill

Do you know that the world’s largest landfill takes up 21,000,000 pounds of trash every day? This article describes 5 of the world’s largest landfills With the recent occurrence of Lassa fever in the country it is expedient that we look at one major factor that breeds rats. Landfills and dumpsites are one major breeding place for dreadful rats. It ...

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‘How I Bought N70m Property For NIMASA Director’ – Witness

‘How I Bought N70m Property For NIMASA Director’ - Witness

A prosecution witness in the trial of the former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Patrick Akpobolokemi and others, Eboigbe Etiosa, have  informed a Federal High Court, Lagos how he helped one of the accused, Captain Ezekiel Agaba to buy a piece of land in Lekki in 2004. According to him, it cost N70million. Etiosa ...

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Five Reasons Some People Dread Living In Their Own Homes

living

For some people building or buying a house is never an issue but they still dread the idea. This article states few reasons why some people dread living in their own homes. Everyone needs a place he can call a home and that place shouldn’t be a rented apartment. In fact any place that only guarantees shelter temporarily and doesn’t ...

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Landlord & Tenant Matters: Time To Serve A Quit Notice

Landlord & Tenant Matters: Time To Serve A Quit Notice

A landlord has an unfettered legal right to terminate a tenancy upon giving adequate notice. This is because the property is his and he can at any time retrieve it subject to the conditions of the tenancy agreement. Once he abides by the provisions of the tenancy agreement, the tenant has no choice than to vacate possession. If the tenant ...

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Top 6 Billionaire Vacation Homes

vacation homes

This article is about the vacation homes of some of the wealthiest men in the world. These are breathtaking homes that will blow your mind. Becoming a billionaire is no easy feat, but staying sane at the top is even harder, though it’s not the same for our Nigerian politicians.  Sometimes the rich folks need a moment away from their ...

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Woman Dies After Being Trapped In Elevator For a Month

Woman Dies After Being Trapped In Elevator For a Month

A woman’s corpse was discovered in an elevator in the Chinese city of Xi’an which has led to the detention of an elevator maintenance crew who improperly cut off power to the elevator a month ago without checking if anyone was inside or not. In a statement posted Saturday, the Gaoling district government said two maintenance workers turned off the ...

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