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Tag Archives: real estate

Property owners sue firm over alleged breach of contract

property owners

For allegedly breaching their contract, the Incorporated Trustees of Diamond Estate Property Owners and Residents Association has filed a suit against Femab Properties Limited before a Court sitting in Epe. Mr. Faustinus Brai is the 1st claimant, suing on behalf of himself and other members of the association, while Diamond Estate Limited is joined as the 2nd defendants. The claimants ...

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Reports reveal Nigerians in diaspora remits 15.8billion pounds yearly

Nigerians in diaspora

Nigerians in the diaspora remit over 15.8 billion pounds to the country annually, a study on ‘Nigeria Diaspora: Opportunities for Increasing the Development Impact of Nigeria’s Diaspora,’ has revealed. The report which was conducted by the Dalberg Advisors on behalf of the Office of the Vice President, the Nigerian Investment Promotion Commission and the Ministry of Foreign Affairs, revealed that ...

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Paint consumption in Nigeria rises to N96bn


Despite the prevalent harsh business terrain in the country, paint manufacturers said that consumption of the product is currently on the increase with the figure put at N96.50 billion as at the third quarter of this year. According to Paint Manufacturers Association of Nigeria, (PMA), a group of the Manufacturers Association of Nigeria (MAN) this increase was hinged on current ...

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6 Reasons Why Properties In Lagos are So Expensive

6 Reasons Why Properties are Expensive In Lagos

Have you ever wondered or been involved in a conversation about why properties are so expensive in Lagos, unlike other cities in the country? What answers did you come up with? If you have, then you are not alone as the rising cost of property in Lagos has remained a topical issue in Lagos over the years. What makes this ...

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Alex Asogwa bags endorsement deal with real estate company

One time Big Brother Naija housemate, Alex Asogwa is counting her blessings as she recently inked an endorsement deal with real estate company, Jenesis Colony. Alex Asogwa The third runner-up of the widely acclaimed reality show took to Instagram to make the big announcement. She wrote: “Naomad Agency @naomadagency proudly announces the endorsement deal between Jenesis Colony @jenesiscolony1 and Alex ...

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Real Estate Courses: The Key to Eroding Quackery in the Industry

Real Estate Courses

Real estate courses are the solution to overcoming quack challenges in the real estate industry. Quacks exist everywhere. They are untrained persons, with claim to have the knowledge to deliver on a particular project or business deal. Yes, they may have worked for years and seem to have some know-how about the field of choice, but without going through adequate ...

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NIESV set to hold forum on improvement of housing delivery

housing delivery

Estate surveyors and valuers in the country plan to hold a forum on how the country can reduce its housing deficit through effective mass housing delivery. The forum, known as the 6th National Housing Summit, and scheduled to hold in Abuja on October 8 and 9, is being organised by the Faculty of Housing, Nigerian Institution of Estate Surveyors and ...

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Flood affects property markets in eight states


Property owners trying to sell their properties in flood-hit parts of the country are yielding to pressure to drop prices as demands for homes in some of the affected locations have reduced drastically. After weeks of flooding in major cities, especially in eight states, some houses have been submerged in water, forcing the occupiers and tenants to vacate the areas. ...

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FG implores states, private sector to partner to boost infrastructure


The Federal Government has called on the 36 State Governments to use Public Private Partnership (PPP) model to improve public service delivery and infrastructure in their respective states. The acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr. Chidi Izuwah, made this call in Abuja on Thursday at the launch of the 2018 Nigeria PPP Network (NPPPN). The theme was “Accelerated ...

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