Sunday, 4th June 2023

Real Estate

12 Dec
Experts in the nation’s real estate sector have described lack of good infrastructure as the reason for the slow pace of real estate growth in the country. They spoke at the national conference and yearly general meeting of the Nigerian Institute of Quantity and Surveyors (NIQS) entitled: “Infrastructure cost management: contemporary issues and emerging trends”…
12 Dec
A Lagos-based firm, Purple Real Estate Income Plc, has signed agreements with high-profile retailers and businesses including Tommy Hilfiger, Levis’, and Aldo to become new tenants and partners at PurpleLekki retail outlet. The facility is a new 38 square metre development, which is responding to growing demand for all-inclusive living and domestic retail. The subscribers…
11 Dec
Doing business in Nigeria is considered by many as an extreme thing to do, due to the several challenges that have persisted over the years. Nigerian youths are some of the fearless, courageous and daring set of people on earth. They surmount  obstacles in almost every endeavour. Entertainment, sport, innovation and science and technology are…
8 Dec
Real estate investing has long been considered an effective strategy for investors seeking to diversify their portfolios, generate passive income, and create generational wealth for themselves and their families. The space has been booming recently and is set to take intriguing turns moving forward. Most people find the world of real estate investing intimidating. The…
5 Dec 2022
There are concerns that despite the nation’s construction and real estate sectors contributing N20 trillion to the Gross Domestic Product (GDP), many Nigerians are unable to own homes and rent property in major cities in the country.
5 Dec 2022
Notwithstanding increased adoption of technology to leapfrog development in Lagos, insights from ongoing study released by the African Cities Research Consortium (ACRC) – a multi-city project, point to limited success, or in some cases, reversed development for intended beneficiaries.
5 Dec 2022
The Group General Manager, Ostia Property and Homes, a subsidiary of NIMCO group, Mr. Olumide Banjo, has called on government to prioritise the provision of affordable housing for Nigerians.
28 Nov 2022
Hope of improved housing sector and infrastructure for Nigerians may be a mirage, following abysmally low budget allocation to the sectors in the 2023 fiscal year.
28 Nov 2022
Messrs Dexdee Fountains has announced bargain prices for its prospective buyers during the Yuletide period.
28 Nov 2022
Towards attracting more investors in the sector, the International Real Estate Federation (FIABCI), Nigeria Chapter and a Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, have charged government to simplify land administration processes, especially land titling by developing a central data system.
28 Nov 2022
To increase housing stock, the Federal Government plans to complete its 748 housing units, which are at 97 per cent stage, by December.
28 Nov 2022
In a novel move to increase the housing stock, a property developer, Pentland Realties Limited (PRL), has announced plans to jump-start its affordable residential development situated in Azagba- Ogwashi, within Asaba Territorial district, Aniocha North council of Delta State.


Eighteen passengers were killed in an auto crash on Friday at Zakirai town on Kano-Ringim Road in Gabasawa Local Government Area of Kano state.
6 mins ago
Commissioner of Police in Enugu State, Mr Ahmed Ammani, has ordered deployment of personnel, operational and intelligence resources to ensure public safety on Mondays and all days in the state. This is sequel to the June 1 order by Gov. Peter Mbah cancelling the weekly sit-at-home order in the entire southeast geopolitical zone by the…
16 mins ago
Fourteen people were killed and five are missing following a landslide in southwestern China's Sichuan province on Sunday, the local government said.
34 mins ago
Egypt deployed three tugboats Sunday to tow away an oil tanker that had broken down and caused brief delays in the Suez Canal, authorities in charge of the vital waterway said. Traffic in both directions returned to normal after a brief disruption when the Malta-flagged Seavigour experienced a "machinery malfunction" while en route from Russia…
55 mins ago
Twelve people have died from asphyxiation in a shuttered gold mine in southeastern Venezuela, a local official told AFP on Saturday. "We have 12 dead today," the secretary of security in El Callao, General Edgar Colina Reyes, said in a telephone interview. "They entered a mine that had been closed a long time." The deaths…