According to The Nation, the Community Court of Justice, ECOWAS has adjourned till May 2, a case of human rights violation following the demolition of his property filed by Chief Damian Onwuham and 22 others against the Federal Government. Also joined in the case is the Imo State Government. Onwuham alleged that his rights and that of 22 other members ...
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Fresh fears over Lagos Island CBD high-rise commercial property as fortunes dip
According to The Guardian, more than a decade after Lagos authorities restored sanity to the changing commercial real estate values in the heart of the Lagos Island business district, some of the property owners are yet to recover from the exodus of tenants from the city. Once the cynosure of all business activity in the country, the Lagos Island Central ...
Read More »Obanikoro’s wife to forfeit property to Nigerian Government
Alhaja Moroophat Obanikoro, the wife of a former Minister of State for Defence, Senator Musiliu Obanikoro has been asked by a Federal Capital Territory High Court, sitting in Jabi, Abuja to forfeit her property to the Federal Government while the investigation of her husband and children are ongoing. According to Daily Post, the court subsequently threw out her request that ...
Read More »Controversy trails on taxing property owners in Akwa Ibom
“A pending bill before the Akwa Ibom House of Assembly aimed at taxing property owners in Uyo, the state capital, has become a subject of controversy among the lawmakers and the ordinary citizens alike. Known as Real Property Charge Bill, 2016 and sponsored by a member representing Esit Eket/Ibeno, state constituency, Usoro Akpanusoh, opposition to the bill has come from ...
Read More »BON Hotels launches 10th property in Nigeria
“BON Hotels International West Africa on Friday introduced its tenth property, BON Hotel Grand Pela, to their Nigerian portfolio. The hospitality company that owns, manages and markets hotels throughout Africa, launched the new hotel, at BON Hotel Grand Pela Premises, Durumi District, Abuja. The grand opening was attended by VIP guests, members of the press, dignitaries, politicians, airline executives, hotel ...
Read More »Online real estate portal newly launched
The Nation reports that a new real estate portal, propertynews.com.ng, has been launched in Lagos. Its Publisher/Adrant Partners Chief Executive Officer, Mr. Ranti Adedeji, said the portal is a cost-effective platform that provides in-depth reports and analysis of events, activities and developments in the construction and real estate sector. “Practitioners, investors, as well as, individual property owners would find it ...
Read More »Ex-CBN staff forfeits property to EFCC
Premium Times reports that the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Monday executed the interim order granted by a Federal High Court, Ado-Ekiti, in respect of the property of Teedek Polytechnic, Ilogbo- Ekiti. The institution was allegedly being operated by Johnson Babalola, a former Principal Manager of the Central Bank of Nigeria, CBN, without the requisite ...
Read More »Questions you need to ask your property investment adviser
Advice around property is a minefield, despite the issues inherent in seeking out help no one should feel that they can’t find decent information and assistance if they need it. These days anyone from accountants, financial planners, buyers’ agents, property mentors and even some developers can have a property advice wing that looks to help investors strategise. Here are 10 ...
Read More »To Build Your House In Good Time, Sell Your Wife Fast!
Personally, I am of the opinion that if a young married man is nursing thoughts of building his own house, and hopes to do it at an age when youthfulness is still visible on him and not when he is old, he will need to meaningfully sell his wife the dream. It is worthy to note that a wife is ...
Read More »How to do a proper Land & Property Search
Do you know how to do a proper verification of that piece of property you are about to buy? Do you know who to turn to or where to go exactly? In Real Estate, information is key, else you may be running into the wrong hands. This episode aims to give you insight into how to do a proper land ...
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