Tag Archives: NREH

The Minister of Power, Works and Housing, Babatunde Fashola, says Nigeria needs emergency action to guarantee a rapid turnaround of the deplorable road network in the country. Mr. Fashola stated this while speaking with journalists during the assessment of the deplorable condition of the 96-kilometre Ilorin-Jebba-Mokwa road on Tuesday evening. Mr. Fashola also called for an amendment of the procurement ...

The Economic and Financial Crimes Commission (EFCC) on Tuesday February 16, 2016 handed over a forfeited property of an uncompleted 3 Bedroom bungalow from one Seun Jamiu Odunayo to the complainant, Skye Bank Plc. Odunayo, a former banker and native of Sagamu in Ogun State, got into trouble after the Commission received a petition from one of the banks, sometime ...

The suit instituted by The Nigeria Stock Exchange (NSE) against its former Director General, Nididi Okereke Onyiuke and others to recover a building alleged to have been acquired illegally has been adjourned till 1st of March, 2016 for either report of settlement or hearing. Others joined as co-defendants in the ensuing property recovery suit are former Assistant-Director General of the ...

Shelter Afrique (SAf), a Pan-African housing finance and development agency, has signed an agreement with a real estate development company, CMB Building Maintenance and Investment Company Limited. The agreement, signed at the headquarters of the financial institution in Kenya, will provide a loan of N3.3 billion to the firms. SAF’s Managing Director Mr. James Mugerwa and Managing Director of CMB, ...

Realtor Knight Frank projects that Kenya will attract more foreign real estate investors seeking growth opportunities in the fast-growing African cities due to its investment hub status. Knight Frank’s Africa Hotspots bulletin states that these investors will increase their investments in Nairobi’s real estate market up to 2019, mainly banking on the projected rise in population and high spending patterns ...

Jonathan Millard, Chief Operating Officer, Troloppe Property Services joins CNBC Africa to talk Lagos Real Estate Realities. According to the Central Bank of Nigeria, the Lagos real estate sector is valued at 45.6 US dollar billion, 8 per cent of Nigeria’s GDP. In the challenging business environment, the rapid changes in real estate in Lagos, present opportunities and risks for ...

The Real Estate Developers Association of Nigeria (REDAN) has finalised arrangement to organise workshop for stakeholders in real estate sector in collaboration with the Center for Housing Studies, University of Lagos. The 2-day event which is proudly supported by the Housing Programme on AIT Abuja and Housing Time on Raypower would be declared open by the Minister of Power, Works ...

The Cinderella who walked into fame while selling bread has just been offered a furnished luxury apartment in Lagos and an enrollment into the poise fashion school. The Luxury apartment is said to be awarded to her as part of Sujimoto’s CSR this Valentine season. Chris Ogunlowo shared the news on his Facebook wall as he shared the pictures stating that ...

Lagos State Governor, Mr. Akinwunmi Ambode, has appealed for federal government support against frequent fire disasters in the state, the influx of illegal immigrants as well as the relocation of the Ikoyi Prisons. The governor spoke Wednesday when the Minister of Interior, retired Lt. General Abdulrahman Dambazau visited him at the State House, Alausa, Ikeja. According to him, there is ...

The yacht is 150ft behemoth and comes with three decks which houses spacious rooms, floor-to-ceiling windows, a hot tub on the main deck and its furnishing is some of Italy’s finest. All that fine living comes with an eye watering price tag though, it’ll set you back £87K to charter it for a week and £14500 for a day. The ...