Tag Archives: Property

According to The NATION, Federal High Court in Lagos has ordered the interim forfeiture of a Banana Island property, Lagos bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Diezani Alison-Madueke. Justice Chuka Obiozor, a vacation judge, made the order yesterday following an ex parte application by Economic and Financial Crimes Commission (EFCC) counsel Mr. Anselem Ozioko. The EFCC, in documents filed in ...

The Guardian reports that the Managing Director of a real estate investment company, A.J. Missri and Company Limited, Nze Edozie Okafor, has called for the intervention of Governor Akinwumni Ambode over alleged unlawful acquisition of the company’s landed property at No. 23, Breadfruit Street, Lagos by the State Urban Renewal Agency (LASURA). Nze Okafor told The Guardian that the appeal became ...

“Wife of former Vice President, Mrs.Titi Atiku Abubakar, has narrated to a Lagos High Court sitting in Ikeja how her former errand boy, Nsikak Akpan Jacobs, whom she made the Managing Director of her company, THA Shipping and Maritime Services, sold her property for N918 million and used the money to fund his gubernatorial campaign in Akwa Ibom State.”- The ...

A real estate investment company, A.J Missri and Company Limited has accused the Lagos State Urban Renewal Agency (LASURA) of unlawful occupation of its landed property at 23, Breadfruit Street, Lagos Island, The Guardian reports. The property occupying about 322 Square metres was been built over 30 years ago, has 25 shopping facility occupied by traders, who were tenants of ...

“Justice O. O. Tokode of the Federal High Court in Benin, has ordered the Inspector-General of Police to take possession of the immovable property situated at No. 1 Adesuwa Grammar School Road, GRA, Benin City. Justice Tokode gave the order pursuant to a motion ex-parte dated and filed on the 28th day of June, 2017, with charge No. FHC/B/41C/2017, against ...

PM News reports that suspected thieves have broken into the residence of retired ace footballer, Chief Olusegun Odegbami and carted away his properties worth about N15 million. The incident, according to the police, occurred at his residence located at Saro Close, Victoria Island, Lagos at midnight while he was asleep. Items stolen, the police said, included one iphone 7 plus ...

According to Premium Times, Nigeria’s Chief of Army Staff, Tukur Buratai, has denied personal ownership of Dubai luxury property, saying his family made investment in the Middle East city long before his appointment. Mr. Buratai, a lieutenant-general, made the statement on Thursday in a BBC HARDtalk interview with Stephen Sackur. It was a rehash of his claim last year following evidence linking him ...

Two years after taking office, Sahara Reporters can exclusively reveal, Zamfara State governor, Mr. Abudal’aziz Abubakar Yari, bought a property in the United States for a princely sum of $950,000. The 2.1-acre property is located at 14800 Bowie Farm Court, Bowie Maryland (Zip code: MD 20721) has six full and two half bathrooms with a jacuzzi in the master bedroom. ...

“The affordable housing and property market is one segment most real estate developers avoid for various reasons, but which once surmounted could sprint fortunes, said Mr. Kola Ashiru-Balogun, Managing Director of Mixta Nigeria, a company of ARM.” – This Day ARM acquired Mixta Africa and it renamed ARM Properties Mixta Nigeria and what they have done since then, according to ...

The Nation reports that over 300 houses are affected by the flooding that accompanied the Tuesday five-hour downpour in Ibadan, the Oyo State capital, the National Emergency Management Agency (NEMA) said yesterday. Its Southwest Zonal Coordinator, Mr. Yakubu Sulaimon, spoke during an inspection of the affected area in company of Oyo State Deputy Governor Moses Alake Adeyemo. Sulaimon said the ...