“The Asset Management Corporation of Nigeria (AMCON) yesterday on an order of a Federal High Court seized multi-billion naira properties in Lagos, Ogun and United Kingdom from three property firms and eight others following an alleged N4,680,343,681.47 bank debt.”- All Africa The assets, including land, houses, cars and generating plants, were seized in execution of an order granted by Justice ...
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Should You Buy or Rent Your Place of Business?
In most cases the location of your business determines the level of success you will attain in that business, depending on the goods and services you render. This article tries to answer a vital question; Should You Buy or Rent Your Place of Business? Locating your place of business in an area that is not easily accessible to many is ...
Read More »Ex-Eagles striker, Emenike invests in real estate
“Forget the fact that Emmanuel Emenike has been jumping from one club to another in recent times, and may soon return to the EPL to continue his career back home. The striker has proven beyond reasonable doubts that he’s not only skilled in the round leather game but he is also a business man. Though he’s romantically linked with female ...
Read More »Otodo Gbame: one dead, others injured as govt forcefully eject more people
” “Daniel Aya, a resident of Otodo Gbame, a riverine community in the Lekki area of Lagos state, was allegedly shot dead during a demolition exercise by men of the state’s task force on Sunday.” According to the Justice and Empowerment Initiatives (JEI), a non-governmental organisation, a stray bullet hit Aya, who was rushed out of the scene, but died ...
Read More »Vox pop: Would you prefer to live as a tenant in Lekki or own a house in Mushin?
Last week Friday was fun as we conducted an opinion poll titled, “Would you take an opportunity to live as a tenant in Lekki over owning your house in Mushin.” Many people will no matter what want to own a house, anywhere. As long as it is ‘my house’, give it to me! We however have the ‘I would do ...
Read More »Elliot commends Ambode over Upgrade of Akodo Resort
New Telegraph reports that a lawmaker representing Surulere I constituency, Hon. Desmond Elliot, has commended the Lagos State Governor, Akinwunmi Ambode, over the ongoing upgrade of the Eko Tourist Resort, Akodo, in Ibeju Lekki area of the state. Giving the commendation when the committee on Tourism, Arts and Culture went on an oversight of on-going projects under the supervision of ...
Read More »Amnesty International Calls On Nigeria To Halt Lagos Demolitions
Amnesty International has frowned at the recent demolition carried out by the Lagos state Government, after 30,000 people had been rendered homeless, a recent report in today.ng confirms. Amnesty International called on Nigeria to shelve plans to demolish more illegal settlements in the megacity Lagos as several hundreds of thousands of people could be made homeless, it said on Friday. ...
Read More »Oba Elegushi launches Imperial City land promo project in Lekki
Vanguard reports that the ancient Ikate Elegushi Kingdom has launched an Imperial City Promo project, which would give hard working Nigerians the chance to own a plot of land worth N42m in one of the high brow areas of Lagos State. According to Vanguard, the Imperial International Business City (IIBC), which is the first self-sustaining eco-friendly smart business city in ...
Read More »The Challenges To Sustainable Development In Lagos
This article makes an attempt to capture some lessons learned by the ongoing urban transformation of Lagos—one of the fastest-growing cities in the world. Despite the movement of the federal capital to Abuja during the regime of erstwhile head of state, General Ibrahim Badamosi Babangida in 1991, metropolitan Lagos has remained the country’s dominant economic, social, and financial centre as ...
Read More »LASG Set To Demolish Shanties On The Island After Sallah
The Special Committee on Clean- Up of Ikoyi, Lekki, and Victoria Island inaugurated by the State Governor, Mr Akinwunmi Ambode last week has concluded plans to commence the enforcement of the Environmental Sanitation and Town Planning laws in the affected areas after the Sallah holidays. The Secretary to the State Government (SSG) and Chairman of the Committee, Mr Tunji Bello ...
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