Tag Archives: Property

“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) ...

Anyone can buy a property but not everyone can buy the right property and worse still, some persons buy the right property but end up with the wrong kind of tenants. In this article we take a critical look at the top 7 tips to finding a tenant. You will be making one of the biggest investment decisions of your ...

According to Vanguard, Lagos State Physical Planning and Permit Authority has turned down a request to demolish a N28 million building on Adeniji- Adele Road, on Lagos Island. The agency said that the property is structurally sound and not in danger of collapsing and  does not contravene any provision of the Lagos Physical Planning and Environmental Law. It also noted ...

“Peter Oguebie, managing director, Petrus Ogu Nigeria Limited, who is also a witness in the trial of a former Chief of Naval Staff, Vice Admiral Usman Jibrin, on Monday, May 22, 2017 told Justice A. S. Umar of the Federal Capital Territory High Court sitting in Maitama, Abuja that his company sold a property worth N600million to the former naval chief through ...

PM News reports that Gov. Abiola Ajimobi of Oyo State has sought the cooperation of landowners in Oluyole Local Government Area of the state, as the government begins the enumeration of properties on government acquired land. The governor made the appeal in Ibadan at meeting with the landowners at the conference hall of Oluyole Local Government Council on Wednesday. The ...

If there is some sort of investment that has investors across the world pining for, it has to be the real estate investment arena. Investment in properties is not just rewarding, it is also exciting. This article takes a critical look at the winners and losers in real estate investment While there are several more options in investment like stocks, foreign ...

According to The Guardian, The Lagos Chamber of Commerce and Industry (LCCI) says recent moves by the Federal Inland Revenue Service (FIRS) to use property value as a basis for Company Income Tax assessment is worrisome. The LCCI Director-General, Mr Muda Yusuf, told the News Agency of Nigeria (NAN) in Lagos that the move by the FIRS would hurt the ...

“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 ...

“As the economic climate bites harder, making investment decisions in real estate has become tougher. While  some have lost hope in the sector, preferring to trade in foreign exchange in view of the recent dollar surge against the naira, key industry analysts and stakeholders are still convinced that the real sector investment still holds the ace. Their position was based ...

In most cases the location of your business determines the level of success you will attain in that business, depending on the goods and services you render. This article tries to answer a vital question; Should You Buy or Rent Your Place of Business? Locating your place of business in an area that is not easily accessible to many is ...