Tag Archives: Lagos

“A major step to giving Nigerians a modernised railway was taken yesterday when Acting President Yemi Osinbajo inaugurated the construction of the Segment II of the Lagos-Ibadan Rail Project at the Nigerian Railway Corporation (NRC) Compound in Ebute Metta, Lagos.”- The Nation reports It will be extended to the Lagos Ports Complex in Apapa to facilitate movement of goods. Prof. Osinbajo ...

“To equip its civil servants with the right skills to communication the importance of hygiene and healthy living, Lagos State Government has trained about 100 civil servants on strategic communication for a clean Lagos. Speaking at the opening session of a two-day workshop on, Strategic Communication for a clean Lagos, Ambode represented by the Commissioner for Establishment, Training and Pensions, ...

The Guardian reports that a Lagos High Court presided over by Justice Oyekan Abdullahi, has granted Bela Vista Property Development Company Limited ownership of Itedo land which had been a subject of dispute and litigation between some members of Itedo community and Bela Vista Property Development Company Limited. Other defendants named in the suit filed by Itedo community are the ...

Practitioners have been called upon to adopt the principles of corporate governance in order to improve the real estate sector. The Guardian reports that corporate governance is a concept by which companies and organisations and those in the helm of affairs are held to account or liable for failure of effective corporate governance structures. According to The Guardian, the Chairman, ...

“The fares for Bus Rapid Transit (BRT), LAGBUS and franchise buses have been increased”, reports Independent. “Commuters would also start paying more from March 1 as Governor Akinwunmi Ambode of Lagos state has approved the new fares.” “Addressing newsmen at Bagauda Kaltho Press Centre, Alausa, on Monday, February 13, Engr. Abiodun Dabiri, the managing director of the Lagos Metropolitan Area ...

The Guardian reports that the Nigerian economy continues to suffer one of its worst recessions in recent history. Transaction in the Lagos real estate sector have remained slow since last year culminating in a fall in Lagos house prices. According to the Nigeria Bureau of Statistics (NBS), the Gross Domestic Product (GDP) recorded negative growth in the first two quarters of ...

There are some cities in Nigeria that are quite fabulous with grandeur but you don’t usually get to hear so much about these cities because they are in a class of their own only known to few. These cities may not stand the competition prominent Nigerian cities of Abuja, Lagos, Calabar and Port Harcourt pose but they still stand out ...

The Guardian reports that a consortium of firms has floated N20 billion Real Estate Investment Trust (REIT). The newly berth REIT, promoted by Top Services Limited, a close-ended Real Estate Investment Trust company would be managed by a firm, Messrs First Ally Asset Management. According to The Guardian, the Chairman, Top Services Limited, Chief Tokunbo Omisore, while speaking during the ...

As at my last count, I realized we have over 50 development companies, trying to market over hundred projects within the Lagos, Ogun and Abuja axis. I stopped counting a long while ago, so you can imagine how much more we would have now. Until recently, when publication houses increased their advert rates, you would always see different advert publications ...

Reports show that the Nigeria Liquefied Natural Gas (NLNG) has discharged 13,000 tonnes of Liquefied Petroleum Gas (LPG), also known as cooking gas, to Lagos jetty in an effort to end the scarcity of the product rocking the country. According to New Telegraph, the product’s supply shortage had earlier surged the prices of the cooking gas by over 50 per ...