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Tag Archives: Corporate Affairs Commission

How Efficient is the Practice of Real Estate Agency in Nigeria?

real estate agency

Agency is described as a relationship existing between a principal and an agent, where an agent is given rights of authorization from the former to act on his behalf. Such relationship could be established when principals are convinced that the involvement of agents will produce more effective returns usually due to their vantage in training, commitment and knowledge in the ...

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Federal high court orders forfeiture of Ikoyi flat where $43.4m was found

Ikoyi flat

PM NEWS reports that, a Federal high court sitting in Ikoyi, Lagos, Southwest Nigeria on Thursday temporarily forfeited to the Federal Government of Nigeria Flat 7b Osborne Towers, Ikoyi where the sum of $43.4 million and N23,218,000 were recovered by the Economic and Financial Crimes Commission, EFCC sometimes ago. The EFCC had earlier named Mrs Folashade Oke, wife of the ...

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NSE Drags Ndidi Okereke Onyiuke, Five Others To Court Over Illegal Property

NSE Drags Ndidi Okereke-Onyiuke, Five Others To Court Over Illegal Property

The suit instituted by The Nigeria Stock Exchange (NSE) against its former Director General, Nididi Okereke Onyiuke and others to recover a building alleged to have been acquired illegally has been adjourned till 1st of March, 2016 for either report of settlement or hearing. Others joined as co-defendants in the ensuing property recovery suit are former Assistant-Director General of the ...

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7-man committee set up on land use planning report

The Nigerian Institute of Town Planners (NITP) has inaugurated a seven-man committee on land use planning report with terms of reference to prepare a thorough land use analysis survey that will be followed by a map with identified land uses coded in the NITP approved professional colours. The committee members include Badejo Hakeem Olatunji who is the chairman, Mrs. Claudius ...

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