Real Estate

Over 300 residents/families of Victory Park Estate sitting on about 33 hectares of land in Osapa London, along Lekki-Epe Expressway, Lagos have called on President Muhammadu Buhari to intervene over plans to evict them from their properties. Speaking with journalists in Lagos, their solicitor, Mr. Benjamin Atebe urged Buhari to call concerned authorities to order, as they had brought upon ...

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. The easiest example for real estate is a mortgage, where you’re using your own money to leverage the purchase. In most cases, a 20% down ...

Out of the total N9.03tn pension assets as of March 31, 2019, about N6.5tn, representing 72.06 per cent of the entire fund, was invested in Federal Government securities by Pension Fund Administrators (PFAs). The figures are contained in a report for the industry obtained by our correspondent on Friday from the National Pension Commission. An analysis of the report showed ...

The Pentecostal Fellowship of Nigeria, Ojo Province, has called on the Lagos State Government to repair bad roads in the area or face protests by youths, attributing auto crashes in the area to bad roads. The Chairman of the PFN and General Overseer, Dominion Gate Ministries International, Ojo Province, Apostle Patrick Utulu, made the call at a press conference in ...

Governor Seyi Makinde of Oyo has alleged that the last administration in the state awarded a contract to a contractor with untraceable office address to the Moniya-Iseyin road for the sum of N7billion. The governor who disclosed this after taking a tour of the Moniya-Iseyin road said N2 billion out of the total contract sum was paid to the ‘faceless’ ...

The Bayelsa State Broadcasting Corporation, Glory FM, 97.1 on Tuesday, was gutted by fire, leaving the organisation with damaged property worth millions of naira. A presenter who was on duty, Victor Binawari, told journalists in Yenagoa, the state capital that the fire was ignited by a spark from the station’s control room in the early morning. Mr. Binawari said some ...

The police have arrested one Thompson David, 27, of No. 21 Abeokuta Street, Bariga, Lagos, for burgling a house. David was said to have scaled the fence of No. 15 Oyenuga Street, Akoka, Bariga, and stole property worth N95,000 from the apartment of one Richard Ifediora. An eyewitness, identified simply as Babajide, said there had been a high rate of ...

Few hours after public outcry over deplorable state of road in Mgbee, Akokwa and Ogboko communities in Imo state, Governor Emeka Ihedioha has visited residents in the area. The governor’s visit followed a report by Legit.ng over the poor construction of a road leading to the communities by the previous administration. The residents of the communities had in the outcry ...

Mr. Soneye Kayode, (APC – Obafemi Owode), member, Ogun House of Assembly has appealed to Gov. Dapo Abiodun to fix all bad roads in Obafemi Owode Local Government Area of the state. Kayode made the appeal in an interview with the News Agency of Nigeria in Abeokuta on Sunday. He explained that the state of the roads in his constituency ...

The Mai Yaki of Lokoja and a retired Permanent Secretary in Kogi state , Alhaji Aliu Lawal Jiya has appealed to the ICPC to prevail on the contractors that handled the construction of Lokoja fish modern market to come back and complete the installation of the major component of the project to enable people benefit from the laudable constituency project. ...