Tag Archives: real estate

A real estate development firm Landshop founder Prince David Omaghomi has called for the amendment of the Land Use Act to recognise ancestral ownership of land and make them bankable. At a briefing, Omaghomi said though he could not challenge the Land Use Act, he could call for its amendment on it as many cases were still pending in the ...

The Lagos State Government says it will tackle the menace of unauthorised real estate practitioners across the state. The Special Adviser (SA) to the Governor on Housing, Mrs. Toke Benson-Awoyinka, said this in a statement in Lagos on Monday. Benson-Awoyinka said that the state government had planned a stakeholders forum for real estate practitioners, aimed at tackling the menace. She ...

Bukola Saraki, former president of the Senate, has raised alarm over an alleged move by the Economic and Financial Crimes Commission (EFCC) to seize his house in Ilorin, Kwara state.  Saraki claimed that the anti-graft commission had filed a process at a Federal High Court in Lagos on Wednesday, November 27, praying for an interim order for the forfeiture of ...

The Association of Housing Corporations of Nigeria (AHCN) will be training its agencies on how to achieve productivity and profitability in Uyo. A statement by the Executive Secretary Toye Eniola explained that the objective of the training is to stimulate members to speedily embrace global business changes and equip them with strategies of adopting, adapting and developing positive corporate attitudes ...

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth However, you need to make sure you are ready to start investing in real estate. For one, you will ...

The president, Nigerian Institute of Estate Surveyors and Valuers, NIESV, Rowland Abonta says Nigerians have continued to experience housing deficit because the Government does not have plans to provide housing for majority of its citizens. Abonta was speaking in Enugu at a one day school-based National 50th Anniversary Continuing Professional Development Seminar as part of preparations for the Golden Jubilee ...

Special Adviser to the Lagos State Governor on Housing, Toke Benson-Awoyinka (left); Deputy Governor, Dr. Kadri Obafemi Hamzat; State Commissioner of Housing, Moruf Akinderu- Fatai and Governor Babajide Sanwo-Olu during a one-day stakeholder’s meeting on real estate agency organised by the State’s Real Estate Transaction Department (LASRETRAD). Worried by the influx of charlatans into the real estate sector and its ...

In the real estate investing business, real estate investors need to be familiar with the term Escrow to make the most out of an investment. If this term is new to you, then keep reading! In this article we would discuss what escrow means, how it works, escrow accounts, their uses in the real estate business, what influences escrows, and ...

The Minister of Works and Housing, Mr. Babatunde Fashola, on Wednesday, said that the ministry would soon commence the sale of housing units built under the National Housing Programme nationwide. He said that this would be done through an online subscription to allow for transparency and reduce human interference to the barest in the allocation process. Fashola said this at ...

Lagos State Government, on Wednesday, launched a Real Estate Transaction portal to curb fraudulent practices in the real estate business. Governor Babajide Sanwo-Olu unveiled the portal at a stakeholders’ meeting held at Eko Hotel & Suites in Victoria Island. The portal, the Governor said, will secure investments in property market by checkmating unscrupulous dealings in transactional process. It will also ...