Cross River teams up with Army on new cities as Navy tackles housing shortage
Pressed to provide accommodation to its citizens, the Cross River government has entered into partnership with the Nigerian Army in the development of new cities across the state.
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...
Property developer floats N3.5b Earls Court in Lagos
The real estate firm of Dessbee Limited has set the completion date of July for its first phase project in Lagos, began in October last year.
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.
Property Bank, TrustBond Mortgage launch ‘rent actuation’ for home seekers
A leading real estate marketing brand, Property Bank, has launched an innovative rent product, "rent actuation" specially created for home seekers who cannot afford their rent at the moment.
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…