Tag Archives: NREH

According to leaked data from Panamanian law firm, Mossack Fonseca, a former Minister for National Planning, Rasheed Gbadamosi, bought two luxury penthouses worth $2.6m in Panama in 2008 while serving as the Chairman of the Petroleum Products Pricing Regulatory Agency. According to a documents sighted by Nigerian online newspaper, Premium Times, Gbadamosi who was recently appointed co-chairman of the Lagos ...

This palatial 20-bedroom mansion located in New York’s Upper East side has belonged to John Gutfreund, a onetime ‘King of Wall Street’ and his wife Susan since the 1980s. Gutfreund who was the former CEO of Salomon brothers died in March 2016 of complications from pneumonia at age 86 and his wife is now reportedly selling the apartment because it ...

A Lagos State High Court Justice has granted the widow of the late Ikemba of Nnewi, Chukwuemeka Odimegwu Ojukwu, Bianca Ojukwu leave to re-open her evidence-in-chief, in the case she instituted against her husband’s family. Justice Abdulfattah Lawal granted Mrs. Ojukwu leave as she had on behalf of her two under-aged children, Afamefuna and Nwachukwu (claimants) dragged Ojukwu Transport Limited ...

The Nigeria Mortgage Refinance Company (NMRC) has appointed four independent Directors to serve on its Board, in line with its commitment to adopting international best practices in corporate governance. Those appointed include Professor Charles Okeahalam, who will also serve as the Chairman of the Board of Directors; Mr Charles Adeyemi Candide-Johnson (SAN); Mrs Fatima Wali-Abdurrahman and Mrs. Anino Emuwa. Dr. ...

The Lagos State Government has said that the state will need 187,500 new houses to be built annually over the next five years to reduce housing deficit in the State. Commissioner for Housing, Prince Gbolahan Lawal disclosed this on Monday at a briefing in Alausa, Lagos, Southwest Nigeria. Lawal said the final report of the Housing Needs Assessment Survey prepared ...

The Lagos State Government on Monday said it had introduced the Rent-to-Own Policy to support the Lagos Mortgage Scheme for home ownership in the state. The Commissioner for Housing, Mr. Gbolahan Lawal, said at a ministerial news conference in Ikeja that the scheme had already become effective. Lawal said that the policy was aimed at making housing more accessible and ...

Surveyors in the country have urged the Federal Government to collaborate with them in order to successfully meet the country’s Sustainable Development Goals as set by the United Nations. According to them, the SDGs aim at considerably reducing poverty before 2030, but this can only be achieved through proper partnerships among stakeholders and the government. The President, Commonwealth Association of ...

The Ogun State Government says it plans to generate electricity from sawdust as part of its contribution towards increasing power supply in the country. The Commissioner for Forestry, Chief Kolawole Lawal, stated this during a visit to sawmills in Ijebu-Igbo, Ijebu-East Local Government Area of the state. Lawal was quoted as saying that the United Nations Industrial Development Organisation and ...

The Federal Housing Authority has said that it will work with Turkish companies to facilitate the realisation of the Federal Government’s housing development target. According to the FHA, its Managing Director, Prof. Mohammed Al-Amin, was recently at the Turkish Embassy in Abuja as a follow-up to the recent visit to President Muhammadu Buhari by the Turkish President, Mr.  Tayyip Erdogan. ...

On every first House Story shared on Nigeria Real Estate Hub (NREH), the very interesting aspect for us has to be the uniqueness in their stories. Mr. Olamidehinde Ariyo in a chat with Elsie Godwin, NREH Correspondent, has revealed that he will never repeat the mistake of not going through a Property and Estate development Firm. Read his brief but bitter ...