According to This Day, The president of Nigeria Institution of Estate Surveyors & Valuers (NIESV), Dr. Bolarinde Patunola- Ajayi has called on the Federal Government to diversify and embrace the real estate sector to combat recession. He said the nation has not succeeded in unlocking the wealth in the sector noting that it is the only robust solution to grow ...
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AMCON gets ‘takeover’ order on CityScape over nearly N6billion Debt
The Asset Management Corporation of Nigeria (AMCON) has been granted interim orders by the The Federal High Court Lagos Division to take over Cityscape International Limited’s assets over its nearly N6 billion debt. According to The Guardian, the debt-induced take-over profile of the Asset Management Corporation of Nigeria (AMCON), has risen as the Federal High Court Lagos Division granted it an ...
Read More »Real Estate Firm Set To Offer Job Opportunities To Nigerians
Pazino Engineering & Construction company Limited (Pazino ECC), a top Nigerian real estate & construction company, said that they are giving job opportunities for unemployed Nigerians across the globe to earn genuine income from wherever they are. The company said it is apparently perturbed by the rate of unemployed Nigerians. Stating that it is simply baffling owing to the amount ...
Read More »Nigerian, Chinese investors to boost real estate sector in the south west part of the country
In a move to boost the nation’s real estate industry, Nigerian investors are exploring opportunities with a Chinese firm to promote housing developments in the South West part of the country, especially Ondo, Osun and Ogun States. Senior officials of the Chinese firm, Messrs Sinafri-Hongye visited Nigeria last week to hold discussions with the private investors led by Niger-Sino and ...
Read More »FG allocates more funds into Millenium Tower Project
Looking to increase pace of work at the Nigeria Cultural Centre and Millennium Tower project, the Federal authorities have endorsed a fresh allocation for the landmark edifice located in the Federal Capital Territory. Designed by an Italian architectural firm, Studio Nicoletti and Associates, the project consists of a 170-metre tower, which will be Nigeria’s tallest building when completed along with ...
Read More »Effect of World Bank Loan for Mortgage Refinancing in the Real Estate Industry
The dream to own a house for low to middle-income earners in Nigeria is simply just that; a dream! The term affordable housing only exists in theory because private developers who invest huge sums of money into the industry do so with the aim of reaping in profits since there are no adequate government funds or loans to subsidize costs ...
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