Tag Archives: Property developer

A property developer is predicting that a surge in demand for residential and commercial accommodation in Imo State is expected to trigger heightened activities in housing estate developments, with special attractions for Owerri and its environs, as well as the Southeast in general. Chima Ifekwe, vice president of JLN Builders Nigeria Limited, an affiliate of JLN Construction Services, LLC USA, ...

The Federal Capital Territory (FCT), High Court, Jabi, Abuja has revoked the bail it granted Abuja based property developer, Joseph Idoko, and ordered that he be remanded in the custody of the Economic and Financial Crimes Commission, EFCC for arriving the court late. Idoko is facing a five count-charge bordering on conspiracy, forgery and criminal breach of trust, having allegedly ...

A property developer, Ibrahim Ayinde, who allegedly defrauded 124 accommodation seekers of N25 million, has been charged to Ebute Meta Magistrates’ Court. Ayinde, aged 39, is facing a 125-count charge bordering on conspiracy and stealing over N25 million from 124 unsuspecting property seekers, under the pretext of securing for each of the victims a 4-bedroom apartment. The Prosecutor, ASP Clara ...

Property Fraud – A 51-year-old man, Hakeem Garba, who allegedly defrauded 300 people of N20 million on pretext of building apartments for them, on Monday appeared before a Yaba Chief Magistrates’ Court, Lagos. Garba is facing a two-count charge of conspiracy and obtaining by false pretences. According to the prosecutor, ASP Roman Unuigbe, the accused committed the offences with three ...

“Although, Magodo, one of the highbrow estates in Lagos has recently been making headlines for the wrong reasons, property experts and developers believe the location is fast becoming a destination of choice for investors and renters.”- The Guardian The high demand for property and renters within the estate, they said, was indicative that the estate is inhabited by upward mobile individuals, ...

“An Igbosere Chief Magistrates’ Court, Lagos, on Tuesday remanded a property developer, Felix Ezeamama, for attempted murder, armed robbery and unlawful damages. Chief Magistrate Abimbola Komolafe made the order following an application by the Officer in Charge, State Criminal Investigation and Intelligence Departing (SCIID) Panti, Lagos, Effiong Asuquo, a Chief Superintendent of Police (CSP). Asuquo, relying on Section 264 (1) ...

According to The Nation, an Igbosere Magistrates’ Court has ordered the police to arrest a property developer, Felix Ezeamama, and bring him to court on a charge of unlawful property demolition. Chief Magistrate O. O. Oshin (Mrs) issued the warrant following Ezeamama’s failure to appear in court over an allegation that he masterminded the damage of twin blocks of flats ...

“The legal tussle over the ownership of two blocks of flats located at 41 Kingsway Road (now Alfred Rewane Road) Ikoyi, degenerated at the weekend when one of the defendants in the suit attacked residents with thugs and demolished the property.”- The Guardian The attack, which was carried out around 4:00a.m. on Saturday left the 91-year-old grandmother along with her ...

Facebook boss, Mark Zuckerberg is headed toward a trial after all as the property developer who claims the billionaire broke a promise to introduce him to Silicon Valley’s elite has a new lawyer. The case was at risk of collapsing after developer Mircea Voskerician’s previous lawyer bowed out in October on the brink of trial and Voskerician told a judge he ...

A property developer, Lukman Adewole, was on Wednesday charged before an Ikeja Magistrates’ Court, Lagos, for allegedly defrauding 229 accommodation seekers. Adewole, 51, who resides at No.1 Okerinde Street, Baruwa Ipaja, Lagos, was arraigned on 229-count charges bordering on conspiracy, obtaining under false pretext and stealing. The Prosecutor, Insp. Abraham Fadipe, told the court that the accused committed the offences ...