Real Estate

The Nigeria Sovereign Investment Authority (NSIA), at the weekend said it has so far invested about N100billion on the ongoing construction and rehabilitation of three priority roads in the country. The affected roads according to the Authority include the Lagos -Ibadan Expressway, the Abuja Kano Road and the 2nd Niger Bridge. The investment was in addition to the $11million spent ...

The Lagos State Government (LASG) has shut the road from Mile 2 to Tincan Island Port, in the Apapa area of the state. The road was shut to motorists on Monday, June 17, 2019, and the closure would last for 48 hours, a statement said on Monday. The Permanent Secretary, Ministry of Transportation, Dr. Taiwo Salaam, in the statement by ...

Mortgage The CMB Building Maintenance and Investment Company Limited has disproved the allegations of fraudulently mortgaging homes belonging to Pearl Nuga Park Estate and Pearl Garden Estate situated at Sangotedo Village in Eti-Osa Local Government Area of Lagos. CMB in a statement issued through its counsel, Ifoma Ogoh stated that the said allegations published in Newspapers were false, malicious, and ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will on Tuesday commence the first phase of investigation of fraudulent procurement practices in the award of over N15bn contracts for constituency and other projects in 12 states located in the six geopolitical zones of the country. According to a statement issued on Monday by the spokesperson of the commission, ...

The Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, on Monday arraigned one Paul Afolabi before Justice Patricia Ajoku of the Federal High Court, Ibadan Judicial Division. He was arraigned on four counts bordering on obtaining property under false pretence. Afolabi, who operated through the name William Sharon was arrested in Ibadan by operatives of the Commission after receiving ...

Former minister of power, works, and housing, Babatunde Fashola, says the federal govt awarded 121 road contracts and constructed 1,262 kilometres of road from 2016 to 2018. According to Fashola, 277 kilometers of road was constructed, 345km was rehabilitated and 17,749 people were employed in the process, in 2016 alone. The permanent secretary in the Ministry of Works and Power, ...

The defendants are Rabiu Mogaji, 45; Ashiru Hammed, 23; Isah Mohammed, 35; Abdullahi Adamu, 20; Sanusi Muhammed 22; Ali Saheed, 29 and Ashiru Umar, 20. The defendants, whose addresses were not provided in court, were brought before a Badagry Chief Magistrates’ Court on a three-count charge of stealing property, assault, and breach of peace. They, however, pleaded not guilty of ...

An Ado Ekiti Magistrates’ Court has sentenced a former Chairman of Ado Local Government Area, Mr. Taye Fasuba, to six months imprisonment over unlawful entry into a land and malicious damage to property. Senior Magistrate Omolola Akosile, in a judgment delivered on Monday, found Fasuba guilty as charged in two of the three counts before the court and sentenced him ...

Lagos residents call on government for intervention as flood destroys properties worth millions of naira. Adebola Oni, 28, stands in front of a kiosk overlooking a marshland on Tony Enyinna Street, Gbagada. It had just rained that Sunday afternoon and the sun was forcing its way out of the sky’s grey shrouds. At 3:57 p.m., Mr. Oni had spent the ...

Popular Yoruba actress and entrepreneur, Abimbola Afolayan has built for herself a mini estate. The rising real estate guru took to Instagram to share photos. ANOTHER FEATHER ADDED TO MY CAP! AS I LAUNCH @EXTREMEPROPERTIES TODAY, I AM LAUNCHING IT WITH A PROPERTY BUILT BY ME FOR ME. IT GOES A LONG WAY FOR ME BECAUSE I AM STARTING MY ...