NMRC appoints Okeahalam as board’s chairman
In line with its commitment to adopting international best practices, the Nigeria Mortgage Refinance Company (NMRC) has announced the appointment of Prof. Charles Okeahalam as the Chairman...
Landmark secures $20m funding to fuel property expansion drive
Towards increasing its real estate portfolio of over 130,000 square metres of mixed-use office, residential and leisure facilities across the continent
Retail sector takes big leap with $44m Owerri Mall
The Nigerian retail sector is taking a big leap forward, with the unveiling of Owerri Mall in the Imo State capital - courtesy of a South African-based property developer.
AFDB injects $8.2m into Shelter Afrique for housing finance
The Pan-African finance institution - Shelter Afrique exclusively supporting the development of the housing and real estate sector in Africa has received an $8.2million.
Lagos partners NMRC on mortgage financing
Lagos State government has said that it would enter into partnership with Nigerian Mortgage Refinance Company (NMRC) to make housing affordable to its citizens.
3Invest investors’ forum to tackle real estate funding challenge
LAGOS - based real estate investment company has announced plans to host developers and investors as part of its innovative scheme - Real Estate Investor Network (REIN), which aims to deliver excellent investor value. REIN is a nexus of real estate investors with the mission to kick-start real estate investment, grow their portfolio and find…
Lagos picks contractors for new overhead bridge, computer village
APPARENTLY to reduce the perennial gridlock that characterises traffic in Ajah along the Lekki -Epe corridor, the Lagos State government has appointed a building and civil engineering firm, Messrs Hi-Tech Construction Limited for the construction of a four-lane overhead bridge and two roads in the area. Similarly, the state has also selected four contractors to…
Shelter Afrique, CMB seal deal on N3.3b affordable housing scheme
FACED with the grim reality of a continent in which up to three out of five urban dwellers live without adequate shelter and basic services, Pan-African housing finance and development agency - Shelter Afrique (SA) has reached agreement with one of Nigeria’s leading real estate development companies, CMB Building Maintenance and Investment Company Limited for…
Stakeholders urge SON to monitor steel bar production
IN line with the passion for safe building industry, stakeholders have urged the Standard Organisation of Nigeria (SON) and other regulatory bodies to ensure that production of reinforcement bars and steel in Nigeria complies with prescribed standard. Their call came on the heels of depreciation of naira, which they observed have not impacted negatively on…
Court restrains police, civil defense in 1004 estate
A LAGOS High Court, sitting in Igbosere Lagos, has issued a restrained order against the Nigerian police and civil defence in the management of 1004 Estates, Victoria Island, Lagos until the case before it is decided. Also restrained are the leadership of residents’ association (HORA), Halogen Security and Tom Salam Guards, which were asked to…