Real Estate

To achieve sustainable growth in the nation’s real estate sector, stakeholders have listed ways in which the industry could overcome its temporary setbacks. They noted that the sector is still recovering with a contribution to the national Gross Domestic product staggering between one and two percent. According to them, the development of a modern mortgage system and appropriate technology in ...

The Ondo State government on Monday said it had started construction of the 29 kilometre OkeAgbe-Irun-Afin-Ese-Ogbagi Road in Akoko Northwest area of the state. Saka Yusuf-Ogunleye, Commissioner for Works and Infrastructure, made this known in Okeagbe Akoko during a meeting with the traditional rulers in the local government. The commissioner noted that Governor Oluwarotimi Akeredolu was committed to moving the ...

The Board Chairman of the Imo State Housing Corporation (ISHC), Hon. Raymond Emeana, has stated the readiness of the state government to provide affordable housing for the middle class and low-income earners in the state. Emeana, who spoke in Owerri while inaugurating various task and fact-finding committees set up by the corporation, recently, revealed that the state governor, Emeka Ihedioha, ...

It is no doubt that unemployment is one of the biggest problems facing Nigeria. The unemployment report released by the National Bureau of Statistics (NBS) in December 2018 showed that the unemployment rate increased from 18.8% during the third quarter of 2017, to 23.1% in the same period in 2018. According to the report, about 20.9 million Nigerians were out of jobs ...

Small businesses and real estate investors are discovering that the new business landscape demands a ‘share or die’ mentality. However, when is it smart to participate in real estate collaboration efforts and when is it more beneficial to keep information to yourself? Several articles have been published on sharing and real estate collaboration. Recent developments in social media have made ...

The Nigeria Union has advised Nigerians leaving in South Africa to avoid Pretoria Central Business District (CBD) until the Police Authority certifies the area safe for foreign nationals. The Nigerian Union in South Africa (NUSA) gave the advice in the wake of Xenophobic attacks early Wednesday morning in the country. “Violent looting and burning of foreign-owned businesses started in the ...

Lagos State Government raised alarm over increasing fraud in real estate transactions, vowing to explore legal option to protect residents as an estate agent swindled 250 house seekers in Lagos of the sum of N65 million. The Lagos State Commissioner for Housing, Mr. Moruf Akinderu-Fatai, said that government would explore legal options to ensure dubious real estate swindlers were punished. ...

PROPERTY FRAUD – Operatives of the Economic and Financial Crimes Commission, Ilorin Zonal Office, has arrested the Executive Director of the Kwara State Harmony Holdings, Adebayo Sanni, over his alleged role in fraudulent sale of some landed properties belonging to the Kwara State Government. Also, some prominent politicians who served in the administration of the immediate past governor in the ...

A rainstorm in Daura, Katsina State, on Sunday reportedly destroyed no fewer than 100 houses. Daura is President Muhammadu Buhari’s hometown. Rahamawa, Kalgo, Lungun Kofar Baru, Sarkin Yara ‘A’ ward and Unguwar Kaura were among the areas seriously affected, our correspondent learnt. It was reported that many of the houses had their roofs blown off by the rainstorm. Sources said ...

Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time. Here are six things every potential landlord should consider before taking a launch. Being a landlord is not a 9 to 5  job structure Landlords don’t punch time clocks and work regular hours. ...