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Real Estate

Lagos landlord, developer, agents defraud 66 prospective tenants of N16m

Lagos landlord

Over 66 prospective tenants have been thrown into confusion as Lagos landlord, Olatunji Joseph, in connivance with a developer, Aderonke Olaleye, and other allegedly yet-to-be identified agents swindled them of over N16m. The money was meant as rents for five flats in a newly-constructed one-storey building at No. 11 Abeni Close, Asa Estate, in the Gbagada area of Lagos State. ...

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EEDC reacts to alleged N2m fraud in Aba Estate


The Enugu Electricity Distribution Company, EEDC, has finally spoken about reports on social media that some of its members of staff defrauded residents of the Federal Housing Estate, Ogbor Hill, Aba to the tune of N2 million. The reaction was contained in a statement made weekend by EEDC’s communications manager, Mr. Emeka Ezeh. This is following reports that some unnamed ...

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‘Real estate sector can tackle unemployment’

real estate sector

Government at the state and federal levels has been urged to partner with stakeholders in Nigeria’s real estate sector to reduce housing challenge and also tackle unemployment in the country. Making the call in Lagos during the unveiling of a multi-storeyed luxury apartment and office complex jointly built by Arkland Properties and Investment Company Limited and Amlad Group at Eko ...

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Akwa Ibom to partner FMBN in workers’ low-cost housing


Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. He made this promise when Board of Directors and the Management staff of the Federal Mortgage Bank of Nigeria (FMBN), paid him a courtesy call ...

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ACCI set to hold expo on housing, building materials


The Abuja Chamber of Commerce and Industry (ACCI) and Shelter Aid Organisation will hold an investment expo in Abuja to promote local production of building materials, affordable housing and skilled workforce in the housing sector. Speaking on the planned expo, the Vice President in charge of commerce for ACCI, Dr Johnson Anene, said the expo would attract investors and stakeholders ...

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AIHS to host 40,000 participants

Abuja international housing show

The long – awaited Abuja International Housing Show (AIHS) would kick off today, with over 40, 000 participants and 400 exhibitors from different countries. The 13th edition of AIHS would be presenting a premium platform of learning and networking for all stakeholders in the housing and construction. The event, expected to hold from 23 to 26, July, 2019, at the ...

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All you need to know about National housing fund scheme

National housing fund

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...

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How I spent my entire savings on a house I can’t live in

entire savings

This is the true life story of a man who used his entire savings to build a house only to move out because of bad construction. The house is a story building with four-bedroom duplex at the front and 5bedroom apartment at the back; built on a plot of land(corner piece). It is situated around the Deeper life headquarters in ...

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Jos building collapse: NEMA confirms 14 dead

building collapse

Fourteen people were yesterday confirmed dead in a three-storey building collapse Monday on Butcher line in Jos North Local Government Area of Plateau State. Reports show that an Islamic funeral prayer was yesterday morning held for nine of the victims by the Chief Imam of Jos Central Mosque, Sheikh Lawal Adam, before their remains were buried at the Zaria road ...

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Expert tasks government on disaster preventive measures


The Executive Director, National Water Resources Institute, (NWRI), Professor Emmanuel Adanu, has called on government to focus more on preventing disaster than managing it in order to save human, material and financial resources. Addressing a stakeholders meeting for development of appropriate infrastructure on Flood Marks organized by NWRI in Kaduna on Tuesday, Adamu said flood is a natural phenomenon that humans ...

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