Tribunal fines govt N54b over Lagos Federal Secretariat project
Following lingering dispute between the Lagos authorities and concessionaire of the Federal Secretariat Complex in Lagos on the plan to redevelop the edifice into residential apartments.
Lagos begins review of Ikeja model city plan
PRESSED to create a better living environment for the populace, Lagos authorities have commenced the review of Ikeja model city plan, which became operative in year 2010. In a statement signed by the Director Public Affair, Ministry for Physical Planning and Urban Development, Ajao Mutair, the review of the plan was to ascertain the level…
WAICA Re opens office in Abidjan
WAICA Reinsurance Corporation Plc has opened off-shore contact office in Abidjan, Cote d’Ivoire to create insurance and reinsurance capacity in the sub-region and beyond. The Managing Director of the company, Abiola Ekundayo, in a press realise said history has been made in the ancient city of Abidjan as the twin sister of CICA Re is…
FIABCI Nigeria holds dinner in Lagos
THE International Real Estate Federation(FIABCI) Nigeria will on Wednesday hold its inaugural new year dinner at the Metropolitan Club in Victoria Island in Lagos. “The dinner is taking place to usher in the New year and to bring together real estate minds to ponder on the year ahead and what it brings,” according to Mr. Gbenga…
World's wildlife trade regulators meet to prevent extinctions, illicit traf
CLOSE to 500 delegates from across the globe gathered in Geneva, Monday, to tackle crucial wildlife conservation and management issues that threaten the survival of a myriad of wild plants and animals.
Property expert foresees opportunities in real estate, backs govt’s housing plan
ON the heel of the Federal Government’s plan to increase the nation’s housing stocks, and thereby reducing homelessness in the country, a real estate solution company, Propertygate Development and Investment Plc has thrown its weight behind a plan by the current administration to invest massively in both infrastructure and housing.
Operatives in Durban declaration, seek non-mortgage housing finance systems
REELING from the stain of negative report in which African mortgage markets had been painted by global institutions, as a major impediment in the march to address visible and rapidly growing demand for housing; continent’s mortgage operators and experts recently met in Durban, South Africa to enhance the flow of finance for the troubled sector by calling on the countries to assist in promoting non-mortgage housing finance systems.
UAC firm calls for new policy on retail sector, begins Galaxy Mall
FRONTLINE real estate firm, UACN Property Development Company Plc (UPDC) has urged the Federal Government to review the existing policy framework and create a robust platform that will support and indeed accelerate the much desired “retail revolution” in Nigeria.
Planners chart new course for urban development
FACED with low patronage, non-recognition of physical planning by the citizens and government, town planners have moved to chart a new course for urban development in the country.
New investors align with coalition on low-carbon economy
TWO of the world’s biggest institutional investors—Allianz and ABP—have joined the Portfolio Decarbonization Coalition (PDC), a group of investors committed to supporting the fight against climate change. With Allianz and ABP, the PDC now convenes 25 investors overseeing the gradual decarbonization of a total of $600 billion in Assets under Management (AUM), dramatically surpassing the…
Climate aggregation platform formed
A NEW multi-million dollar initiative to promote clean energy investment in developing countries was announced today at the COP21 climate talks in Paris. The Global Environment Facility (GEF) will provide $2 million in initial funding to help kick-start the formation of the ‘Climate Aggregation Platform’ (CAP) in 2016. The CAP is expected to leverage over…