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Tag Archives: Estate agent

Real estate properties will continue to rise in Nigeria – Experts

real estate

Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...

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Estate agent bags 1,230 years imprisonment for defrauding client of N28M

estate agent

Justice Oluwatoyin Ipaye of the Lagos State High Court in Igbosere yesterday convicted and sentenced an estate agent, Babatunde Habeeb to 1,230 years imprisonment for defrauding 101 unsuspecting accommodation seekers of N28 million, under the false pretence of giving them accommodation. The estate agent, Habeeb, also known as Babatunde Salawudeen, was handed the verdict after the judge found him guilty ...

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Maximising Your Rental Return

Rental

Maximising your rental return is key in establishing yourself among the big players in the real estate business. It is essential to strategize or map out plan on how you can effectively maximise your rental returns. This article highlights the steps to take. If you have recently decided that you want to rent out your house but are unsure of ...

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Estate Agents Charged To Court For N6m Fraud

Estate Agents Charged To Court For N6m Fraud

The Lagos State Police Command has arrested two estate agents for allegedly defrauding one Lucky Obonifua to the tune of N6m. It was learnt that the suspects – Ibukun Samuel, 42, and 47-year-old Olukayode Adebayo, had shown Obonifua a building purportedly for sale in the Ogba area of Lagos. According to punch metro, it was gathered that an agreement was ...

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Estate Agent Docked For Duping Journalist

misconduct charge court stories alleged fraud

A 42-year-old real estate agent, Babalola Murtala, was on Tuesday docked at a Lagos State Magistrates’ Court sitting in Igbosere for allegedly defrauding a journalist of N700, 000 under the pretext of securing a mini flat for him. Muritala was arraigned before Magistrate J. Ugbomoiko on a three-count charge of stealing, obtaining by false pretence and threat to life preferred ...

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Man Shoots Estate Agent Over Ex-wife’s Property

Man shoots estate agent over ex-wife’s property

The police in Lagos have arrested a man, Ifeanyi Okpoko, for allegedly shooting an estate agent, Kazeem Opagun, who came to work on his ex-wife’s property in the Ajao Estate area of the state. Punch metro learnt that Okpoko allegedly shot the agent, when the latter and another colleague, identified as Lanre Aromasodu, asked Ifeanyi to produce the landed property ...

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