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Tag Archives: Property development

NIPOST mulls diversification into property devt., transport, others

NIPOST

The Minister of Communications, Barrister Adebayo Shittu, has disclosed that Nigerian Postal Service, NIPOST ’s will soon divest into other business areas like property development, banking, transport and logistics. Shittu revealed that by 2020, NIPOST would be the leading federal government’s agency in terms of direct impact of the lives of Nigerians. He spoke at a one-day stakeholders’ conference organised ...

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NMRC urges FG to ease bureaucracy in property development

NMRC

NIGERIA Mortgage Refinancing Company (NMRC) Monday urged state governors to lighten the process of granting consent to property development. Speaking at a conference on seeking finance for the mortgage in Nigeria which held in Abuja, a director at NMRC, Mrs. Chii Akporji said modern mortgage requires certain steps that state governments need to take in order to create the enabling ...

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Aso savings and partners kick off Kaduna millennium city project

Kaduna

In line with its vision to be the mortgage bank of choice, ASO Savings & Loans Plc. is partnering with Environmental Engineering and Construction Limited and Realines Global Konsult Ventures Ltd to bring to reality the planned Kaduna Millennium City. ASO savings is totally financing the multi-billion Naira project. Kaduna Millennium City is an 11.8 Hectare Land located within the ...

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NIQS to hold its 3rd Annual Research Conference Research in Bauchi

3rd Annual Research Conference Research in Bauchi

According to The Nation, the Nigerian Institute of Quantity Surveyors (NIQS) is to hold its 3rd Annual Research Conference Research in Bauchi, the capital of Bauchi State. In a release made available to in Abuja on Thursday, the Secretary, Marketing and Corporate Affairs of the Institute, QS Olujide Oke said the conference which has the theme “ Confluence of Research, Theory ...

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FCT Minister inaugurates 300 affordable housing units

affordable housing units

The Nation reports that Minister of the Federal Capital Territory (FCT) Malam Muhammad Bello has commissioned 300 affordable housing units and laid the foundation for the development of another 300 in Kaba District, Abuja. The Minister said the FCT Administration embarked on the project to give teeth to President Muhammadu Buhari’s efforts in tackling housing deficits in the country and ...

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5 Things to Know Before You Buy or Rent Property

Federal government and states agree on rent on a monthly basis

Buying or renting a property is not all about having the right finances, there is a whole lot involved.  There are some basic things you ought to put into cognizance before you take that big step. This article brings to the fore “5 things to know before you buy or rent property” There are pointers and questions you should answer ...

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Investors in Commercial Property Settle for REIT as Funding Option

REIT as funding option

“Fresh prospects may be available to real estate investors seeking property ownership without the attendant expenses or difficulties of being a landlord. Their hopes rest on statements about the availability of a well-managed Real Estate Investment Trust (REIT), made recently by one of Nigeria’s leading property development companies, Top Services Limited (TSL). Bennett Oghifo writes Top Services Limited (TSL), a ...

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Investors beholding red signals for UAC Property, Nigerian Breweries

UAC Property, Nigerian Breweries

Vanguard reports that investors may be bracing up for another scorch-earth returns terrain in equities as companies begin to sound another round of profit warnings for full year 2016 results more of which are expected to be coming out from this week. UAC Property Development Company Plc, UPDC, fired the first salvo last Thursday when it announced it was expecting ...

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How to do Real Estate Business the Right Way

Real estate business

Real estate business is becoming really popular by the day and gradually youths are beginning to see it as a way out of unemployment and joblessness. There was a time the real estate business was for a selected few, these days just like the entertainment industry, it is now an all-comers affair, yet only the fittest thrives. This article delves ...

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‘Impact of the Naira fluctuation on property development’ – Omisore

Tokunbo Omisore is the Chief Executive Officer of Top Services Limited and President of African Union of Architects. In this interview with MAUREEN IHUA-MADUENYI, he talks on effect of Naira fluctuation on property development and the need to encourage retail mall development as a means of job creation Read excerpts below: A lot of developers are focused on residential buildings ...

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