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Linda Ikeji Banana Island Property Might Be A Wrong Investment Choice

Linda Ikeji Banana Island Property Might Be A Wrong Investment Choice

Last week, news of the Banana Island property acquired by the Popular Nigerian Blogger, Linda Ikeji broke the internet. The property said to be worth over half a billion Naira brought about mixed reaction from home and abroad. Here are 4 reasons why Linda Ikeji Banana Island property might be a wrong investment choice as written by Vincent Ogu and ...

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FirstRand Bank property unit raises N50b for property development in Nigeria, others

FirstRand Bank property unit raises N50b for property development in Nigeria, others

FirstRand Bank Ltd said the property unit of its investment banking arm has raised $203 million (about N50billion) for its Real Estate Development Fund (REDF) aimed at developing real estate assets in Nigeria and other West African countries. Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading South African corporate and investment bank and part of ...

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Nigerian Realtor, Ola Sanni, wins U.S award

Nigerian Realtor, Ola Sanni, wins U.S award

The Managing Broker from Centurion Realty and Estates, Mr. Ola Sanni, has emerged Realtor of the Year” at the 5th Annual Awards Gala hosted by the United States (U.S) Congressman, Danny Davis. The ceremony was put together by the seventh Congressional District’s Multi Ethnic Advisory Task Force (MEATF) at The Meadows Club in Rolling Meadows, Illinois, Chicago, U.S. According to Dr. ...

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Presidential project monitoring team visit FESTAC Phase 2 project

Presidential project monitoring team visit FESTAC Phase 2 project

The A seven-member Presidential project monitoring team led by its director, Mrs. Sandra Fadeyi, has visited FESTAC Phase 2 project located in Amuwo-Odofin Local Government area of Lagos State. The visit was a boost for the concessionaire, the New Festac Property Development Company Limited (NFPDCL). Also on the inspection tour were some officials of Federal Housing Authority (FHA), led by ...

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‘We cannot take loan at 28% interest rate and provide affordable housing’

'We cannot take loan at 28% interest rate and provide affordable housing'

Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...

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3 Storey Building Collapses In Lagos Island

3 Storey Building Collapses In Lagos Island

A 3 storey building has collapsed in Odunfa street, Lagos island. According to Ibrahim Farinloye, the South-west spokesperson for the National Emergency Management Agency (NEMA) many are feared to be trapped in the building as 4 persons have been rescued so far. “4 rescued alive, no death recorded so far, search continues”, he told our reporter. Witnesses told Naij.com that the ...

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Top 5 safest cities in Nigeria

Guess which cities made our top 5 safest cities in Nigeria… In a country where suicide bomb attack is now a civil service job, security of lives and properties is a luxury most Nigerians can’t afford. The Boko Haram insurgency in the north-east has made that region of the country a no-go area. Jos, which could easily have been one ...

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How Former Imo State Gov. Ohakim paid N270m cash for Abuja property

How Ex-Gov Ohakim paid N270m cash for Abuja property

Proceedings in the trial of former Imo State governor, Ikedi Ohakim, before Justice Adeniyi Ademola of the Federal High Court Abuja, resumed on Tuesday. At the resumed hearing, the prosecution witness gave a blow-by-blow account of how the former governor allegedly made a cash payment of $2, 290,000.00 (Two Million, Two Hundred and Ninety Thousand Dollars), for a piece of ...

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Nasarawa Airport Project: Govt. Signs MoU To Construct Lafia Airport

Nasarawa Signs MoU To Construct Lafia Airport

The Nasarawa State government has signed a Memorandum of Understanding with a Chinese firm for the construction of commercial airport in Lafia, the state capital. Performing the ceremony at the Government House Lafia, Governor Tanko Al-Makura, said the airport when constructed, would serve both commercial and cargo service to the north central states. Mr. Al-Makura believes that Nasarawa State must ...

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