Tag Archives: Banana island

According to Naij, Governor Akinwunmi Ambode of Lagos has urged his predecessor and current works, power and housing minister, Babatunde Fashola, to ensure that the federal government returned all disputed properties in the state. The properties and buildings include the whole of Ikoyi, Banana Island, Osborne Foreshore, Festac Town, Satellite Town, Trade Fair, among others. Ambode spoke when he received ...

“The Special Committee set up by Governor Akinwunmi Ambode of Lagos to look into Federal Government Assets in the state submitted its report on Tuesday, coming up with a verdict that Ikoyi, Banana Island, FESTAC and other federal government assets in the state actually belonged to the Lagos State Government.”- PM News The committee, headed by elder Statesman and former ...

Popular celebrity blogger, Linda Ikeji, has allegedly been accused by the Federal Inland Revenue Service (FIRS) of tax evasion. The blogger who only recently acquired a massive luxury property in the highly desirable Banana Island has however come out to deny the reports. According to reports, Linda Ikeji is owing the government about N75 million. This is coming months after ...

Eko Atlantic City has been described as the most ambitious project in Africa and Africa’s answer to Dubai. This article proves why the ongoing Eko Atlantic City project will displace Victoria Island as the new financial capital of West Africa.   Every part of Lagos has its unique character, manner of people, peculiarities, distinctive architecture and most importantly the real ...

With the value of the real estate industry in Nigeria projected to hit $11.36 billion in 2015 and $13.65 billion in 2016, following massive investments in Banana Island and Eko Atlantic, the time to invest in the sector and maximize returns from the expected boom is now, writes Eromosele Abiodun Read below: The real estate industry has witnessed positive growth ...

Providers of luxury apartments in Nigeria’s high-end neighbourhoods usually advertise the sale or lease of their properties in foreign currencies, especially the US dollar. Banana Island in Lagos is one of such exclusive neighbourhoods where the sale or lease of property is denominated in dollar. The island is the most expensive place in Nigeria and one of the most expensive ...

Ikoyi is the most affluent neighborhood of Lagos, Nigeria located on Lagos Island. It is an up-market residential island separated by a narrow waterway from Lagos Island to the west inhabited by expatriates, Nigerian military rulers or you can say it is popular with the upper class residents of Nigerian high society. It lies to the northeast of Obalende at ...

The opulence, architectural significance, size, environment and probably the location of a particular property determines the type of property it is. One man’s simple home is another man’s castle it all depends on how consequential that building is to the owner and how he/she perceives the property. A home targeted to high net worth individuals is a home for few, ...

Every society has its exclusive locations where those who are, socially and economically, out of the ordinary nestle their homes generally defined by sophistication, taste, class and luxury living. Nigeria has a fair share of such locations nurtured and sustained by its fast-paced urbanization, an exclusive class of the nuveau-riche and a growing clan of the middle class whose access ...