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Real Estate

29 May 2023
In a renewed effort to put the real estate valuation practice on a stronger pedestal, a university teacher has advocated data banking, comprehensive and mandatory valuation standards and guidance notes.
29 May 2023
Lagos-based property development firm, Octo5 Holdings Limited has projected a 25 per cent growth in the real estate sector within the period 2023 to 2024.
29 May 2023
The Federal Government at the weekend, launched a 10-year National Housing Strategy, which would assist the incoming administration to construct quality houses for Nigerians.
22 May 2023
There seems to be disquiet in the real estate market, as some online property marketing platforms display over 5,000 distressed residential and office buildings, which they are seeking buyers for their owners.
22 May 2023
Continued hike in interest rate by Central Bank of Nigeria (CBN) is having multiple effects on the mortgage market as it raises the cost of financing across all different segments of the real estate sector.
22 May 2023
As the old order of practice is crumbling fast due to socio-economic factors, eggheads in the real estate profession have emphasised the need for re-strategising by policy makers, players and stakeholders in the real estate sector to maximize opportunities across Nigerian cities.
22 May 2023
Members of the Association of Town Planning Consultants of Nigeria (ATOPCON) have been advised to explore opportunities in planning and innovative tools that will assist them to confront the challenges of Lagos urbanisation.
22 May 2023
Stakeholders have decried over the poor condition of existing houses and lack of new houses, resolving that houses should be built up to standard, decent and affordable for residents in Lagos, especially for the low-income earners.
22 May 2023
Anambra State government has expressed readiness to provide affordable housing for workers and described housing as cardinal point of the administration in the state.
22 May 2023
The Nigerian Building and Roads and Research Institute (NBRRI) want Nigerians and investors to buy into the bamboo technology because of the multifaceted socio-economic value that can be derived from the plant for construction.
15 May 2023
Dreams of lower construction costs by many prospective homeowners have once again been dashed, going by fresh increases in the prices of building materials in the market. The prices rose by over 70 per cent between January 2022 and May 2023, according to The Guardian survey.
8 May 2023
Adron Homes and Properties Limited, a leading player in the real estate industry, has refuted reports making round social media of its alleged fraudulent land subscriptions, allocations and other transactions. This is just as the real estate firm, reassured its customers of integrity, transparency and accountability in all its business transactions. Recall that some social…

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24 mins ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
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An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
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An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
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Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
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A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…
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The Lagos State Traffic Management Authority, (LASTMA), says the authority will deploy men and materials during the Easter celebration to manage traffic incidences in the state.
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A Federal High Court, Lagos has ordered the Inspector General of Police (IGP) and seven others to maintain status quo, suspend, and hold all actions pending the hearing and determination of the suits filed against them by a property developer, Gbadebo Aina Odunusi.
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