Real Estate

This article talks about the Topmost safest countries in 2015, and yes! Nigeria couldn’t have made this list There was a time when terrorism was alien to Nigeria, but these days terrorism is now a civil service job. A recent report even suggests that Nigeria has the deadliest terrorist attacks in the world. In view of the recent terrorist attacks ...

Pope Francis is visiting a slum on Nairobi’s northwestern edge to press his call for adequate and dignified housing for society’s most marginal, especially in burgeoning megacities like the Kenyan capital. Francis has frequently insisted on the need for the three “Ls”, land, labor and lodging and on Friday he’s expected to focus on housing as a critical issue facing ...

Logan Property Holdings, the main real estate development business controlled by Chinese billionaire Kei Ho Pang, has raised $200 million from the sale of new shares that will dilute his family’s ownership of the business to 61% from 68%. Value Partners and RRJ Capital are among the investors that subscribed for 1.55 billion shares being offered by Logan at HK$2.78 ...

President Muhammdu Buhari on Wednesday admitted that Nigerian roads are dead and required urgent attention of the Federal Government. The president spoke at a dinner he hosted in honour of senators at the new Banquet Hall of the Presidential Villa, Abuja Wednesday night. The event was also attended by Vice President Yemi Osinbajo; a national leader of the All Progressives ...

AN increasing number of the world’s wealthiest people are buying non-traditional homes outside of where they usually live and the vast majority own two or more homes, new research shows. Ultra-high net worth individuals (UHNWs) are classed as those with assets above US$30 million and are discerning about what they buy, says the research report from Wealth-X and Sotheby’s International ...

The British property industry has welcomed a government review of one of the country’s biggest bugbears in the planning system. According to the Property Federation (BPF) the re-look at the Community Infrastructure Levy (CIL), a development tax, which is used to fund local infrastructure, is long overdue. The organisation, which is supportive of CIL in principle, has long advocated a ...

The Peoples Democratic Party (PDP) in Lagos State has said the immediate past governor of the state, Babatunde Fashola who is now the Minister of Works, Power and Housing, would fail as a minister, reports The Punch. The party noted that Mr. Babatunde Fashola, who is now the Minister of Works, Power and Housing, is not an achiever. The Publicity ...

Is affordable housing in Nigeria a myth or reality? The development and progress of any given society depends largely on how well the basic needs of the people are guaranteed or satisfied. This cannot be possible unless practicable and effective policies are put in place to satisfy these basic needs. One of human basic needs that have continued to attract ...

The All Progressives Congress (APC) in Rivers State, has appealed to the Minister of Works, Housing and Power, Mr. Babatunde Raji Fashola, to urgently turn his attention to the Port Harcourt-Enugu Express Road, which it said has become a death trap and a disgrace to Nigeria. The party noted that while the importance of power in creating a strong economy ...

The Ogun State governor, Ibikunle Amosun, on Tuesday presented a budget proposal of N200.3 billion to the state House of Assembly for the 2016 fiscal year. He said the budget sum would be judiciously used to execute his administration’s five cardinal programmes, stating further that while education would gulp N40.170billion, representing 20.06 per cent, N14.346billion (7.16per cent) would be spent ...