A 28-year-old man, Muktar Yahaya, was on Tuesday arraigned in a Karmo Grade 1 Area Court, Abuja, for stealing property worth N750,000, but granted bail in the sum of N800,000. The judge, Mr. Inuwa Maiwada, ordered that the defendant must produce one surety in like sum and adjourned the case until March 4, for hearing. Yahaya, who resides at 37 ...
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Man baths wife with acid, kills self over property
A man, Daniel Okafor, has allegedly committed suicide at Nsugbe in the Anambra East Local Government Area of Anambra State because his wife, Pauline, refused to name him the inheritor of her property. It was gathered that Pauline nominated her son as the inheritor of the property, a development that said to have angered her husband. As a consequence, Daniel ...
Read More »6 Things People Dislike About Agents And How They Can Correct It
Most people hate the fact that they often times have to go through a real estate agent before they can rent, buy or sell a property because of the impression some “so called” professionals in the real estate industry have created. Asides that, some real estate agents are only after the money they can get from a deal and care ...
Read More »Experts seek increased investment in real estate
Housing specialists have advised stakeholders to improve investment in the sector to mitigate existing deficits and create more affordable homes for Nigerians. They spoke at the 2018 end of year programme organised by Brit Property Nigeria Limited in Lagos. According to them, investment in Real Estate gives good returns than other investment instruments in the country. The Chief Executive Officer, ...
Read More »Many killed, property destroyed over land dispute in Cross River
There is mourning in Biase local government area of Cross River State where dispute over land has led to the death of many and displacement of several others. Reports revealed families in the affected areas including Abanwan, Urugbam, Egbor, and Ipene communities are now traumatised and looking to the authorities to come and restore order. Although more details about the ...
Read More »Things to consider When Investing in Real Estate as a Developer
If you wish to enter into the real estate field to buy property as your investment or as a developer, this article outlines many ways that you can do it. While investing in real estate, make sure you use “buy them and fix them” method. It’s basically a strategy of buying properties that require work and fixing them up in ...
Read More »My administration has spent N9bn on road construction so far – Akeredolu
Governor Oluwarotimi Akeredolu of Ondo State on Tuesday disclosed that his administration had so far spent N9 billion to construct, maintain and rehabilitate roads in the state since its inception. The News Agency of Nigeria reports that Akeredolu assumed office on February 24, 2017 as the Ondo State Governor. Akeredolu disclosed this in Akure during presentation of cheques to owners ...
Read More »Baro ports general warns land speculators to desist from property
Land speculators have been warned to desist from encroaching into the government-acquired area following the construction of Baro Port in Niger state. Baro Port’s Director General, Engr. Muhammad Abubakar Muregi handed the warning in an interview in Minna recently. He said work on the construction of the port and the dredging of its river had given rise to the activities ...
Read More »Court supports female property inheritance in Imo
Female Inheritance – An Imo State High Court sitting in Aboh Mbaise Local Government Area presided by Justice Ijeoma Agugua has declared that a woman is entitled by law to inherit her father’s estate. The judgment was recently delivered in favour of Mrs. Regina Ihemadu (Nee Nwimo) who is the only surviving child of her late father, Mr. Imo Ebiringa ...
Read More »Landlord burgles tenant’s shop over refusal to quit
A landlord, Adetoye Adebayo, has been arrested by the police for allegedly breaking into his tenant’s shop over the latter’s refusal to quit. The tenant, Aanuoluwapo Alonge, alleged that the septuagenarian damaged some of her property and made away with items from the shop in the Ipaja area of Lagos State. It was gathered that in 2014, Adebayo rented out ...
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