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Osibanjo floors Buhari in Real Estate value; declares assets

Osibanjo's real estate value

The vice president of the federal republic of Nigeria, Yemi Osibanjo, just alongside President Muhammadu Buhari made public details of his assets, Thursday, which had been declared to the Code of Conduct Bureau. Unlike the president, Vice president Osibanjo’s declaration shows more real estate assets in highbrow areas of the country. According to a statement by the President’s Senior Special ...

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Buhari declares assets: Mud house, 270 cattles, N30m, others

Buhari declares assets

President Muhammadu Buhari and Vice President Yemi Osinbajo yesterday made public details of their assets, which had been declared to the Code of Conduct Bureau. According to a statement by the President’s Senior Special Assistant, Media and Publicity, Garba Shehu, the President has about N30m in his only bank account with the Union Bank Plc Shehu’s statement said the President ...

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A luxury real estate lover & mysterious billionaire, Deinde Fernandez, dies at 79

luxury real estate lover

Antonio Oladeinde Fernandez, billionaire business magnate, diplomat, mining tycoon, Permanent Representative of Central African Republic to the United Nations, is dead. Deinde Fernandez, as he was popularly known, died on Tuesday in a private hospital in Belgium. Born in Lagos in 1936 to one of the first European migrants to the city, Mr. Fernadez grew up to become one of ...

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U.S. Home Prices Predicted to Rise 4.7 Percent in Coming 12 Months

U.S. home prices

CoreLogic’s July 2015 Home Price Index (HPI) is reporting that U.S. home prices nationwide, including distressed sales, increased by 6.9 percent in July 2015 compared with July 2014. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 1.7 percent in July 2015 compared with June 2015. Including distressed sales, only Colorado has more than 10 percent year-over-year ...

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This Is ‘Not’ Aliko Dangote’s House

Aliko Dangote’s House

The original story sourced from a website called African Cradle claiming to have been giving exclusive access into Dangote’s Abuja house which he plans to sell went viral yesterday and was spread through various blogs A little investigation by 360nobs showed that this is a blatant lie and those pictures are not of Dangote’s house. A Google Image search showed that most ...

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Toronto real estate market approaching “risky levels”

Toronto real estate market

For many in Toronto, buying a single-family detached home is a pipe dream. With the average price of these properties hovering around $1 million, breaking into the current housing market is a difficult task. On Monday, RBC released its quarterly housing trends and affordability report. It details how affordability for detached homes is inching closer to “risky levels” in both ...

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Before you Purchase that Lagos Property – 3

housing loan

This is the last part of the series – Before you purchase that Lagos property. Last week we talked about the Acquisition/Purchase proper when it comes to property acquisition in Nigeria with reference to Lagos. Here is the concluding part: EFFECT OF NON-REGISTRATION Where documents created over a land transaction are not registered it renders such documents inadmissible in a ...

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FG Moves to Reduce Cost of Housing Delivery by 30%

Reduce Cost of Housing Delivery by 30%

The Permanent Secretary, Ministry of Lands, Housing and Urban Development, Mr. George Ossi, on Monday said government is developing a blueprint to reduce cost of housing delivery by 30%. The disclosure was contained in a statement, signed by the Ministry’s Director of Public Affairs, Mr. Ajibola Adedeji, in Abuja. Ossi in the statement, averred that government will intervene through the provision ...

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Rivers opens arm to private investors in the housing sector

private investors in housing sector RIVERS

The Rivers State Commissioner of Housing, Barr. Emma Okah, has emphasised the need for private investors in the housing sector to take full advantage of the government’s liberal housing policy of the Governor Nyesom Ezebunwo Wikes’ administration. The Housing Commissioner stated this in a press release recently, noting that the state has huge deficit in housing that needs drastic intervention. ...

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