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Tag Archives: Lagos

Muhammadu Buhari Housing Estate commissioned in Lagos

Muhammadu Buhari Housing Estate commissioned in Lagos

According to Independent, Ibrahim Idris, the Inspector-General of Police, on Thursday in Lagos, emphasised the need to improve the welfare of the estimated 370,000 police officers serving in the country. Idris made the call while commissioning the Muhammadu Buhari Housing Estate, with 1,083 units of three-bedroom flats and semi-detached houses built in over 64 hectares of land at Agemowo, Badagry ...

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Illegally imported arms : security yet to search Abuja property

illegally imported arms

According to All Africa, security agencies are yet to search the Abuja property linked to persons suspected to have illegally imported arms in the country. Its over seven days since the Nigeria Customs Service (NCS) impounded the consignment at the Tin Can Island port in Lagos. The Comptroller-General of Customs, Col Hameed Ali (rtd), named Great James Oil and Gas ...

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Lagos State Government to unveil new Awolowo statue

Awolowo statue

Premium Times reports that the Lagos State Government will on Tuesday unveil a new iconic statue of the late sage and nationalist, Obafemi Awolowo. The imposing bust located on Obafemi Awolowo Way by the Lagos Television (Ltv) junction in Ikeja is a befitting replacement to the old Awolowo statue that was removed from the Allen Avenue round-about in Ikeja. Standing ...

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Top 10 Worst Cities in the World to Live

worst cities in the world to live

I’m sure it came as a shock to many of us when our darling city of Lagos – Africa’s fastest growing city was ranked among the top 3 worst cities in the world to live. Now let’s find out the other 9 cities that made the list of top 10 worst cities in the world to live. A number of ...

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Valuer blames banks for low real estate investments

Mortgage Credit Rating

The Tide reports that an Estate Surveyor and Valuer, Hannibal Adodo, has blamed commercial banks in Nigeria for low real estate investments, as compared to other developed countries of the world. He also indicted  commercial banks for their failure to assist people who do investment in the real estate sector. Adodo, who made the remarks while interacting with newsmen at ...

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Real estate investors cautious with investing in Abuja

Stakeholders seek improvement in real estate investments

“Real estate investors have become very cautious with investment in Abuja, Nigeria’s federal capital territory, despite the compelling investment opportunity which the market in that small but very vibrant city offers. With a rapidly growing population of over three million, Abuja is a very strong market comprising A and B level consumers which underpins the residents’ potential buying power.”- Business ...

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Lagos shuts illegal plank market

illegal plank market

“The Lagos State government yesterday ordered the immediate closure of an illegal plank market in Oko-Baba extension by Wright Street in Yaba Local Council Development Area (LCDA) of the state.”- The Guardain The government, in a statement signed by the Commissioner for Local Government and Community Affairs, Muslim Folami, said the decision to shut down the market was based on the ...

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Lagos is the worst global city to live in after Damascus

worst cities to live in the world

“The Economist Intelligence Unit (EIU), a sister publication of The Economist of London, says Lagos is the worst global city to live anywhere in the world — after Damascus in war-torn Syria.”- The Cable According to its 2017 liveability report, which considers 140 major cities, Melbourne in Australia retained its crown as the best city to live anywhere in the ...

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Nigeria’s biggest shopping malls still sit half empty in H1

Nigeria’s biggest shopping malls

“Nigeria’s biggest shopping malls are sitting half empty, as they are still suffering from the impact of the country’s first recession in 29 years. Rising unemployment and inflation rates have shown in significant decline in footfalls in the big malls, leading to high vacancy rates, a half year report on the performance of the real estate market has shown.”- Business ...

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