Business

royal-colony-unveils-oduduwa-court-estate-in-epe

Royal Colony unveils Oduduwa Court estate in Epe

Royal Colony Limited, a top fast-rising real estate firm in Nigeria has launched its new estate – Oduduwa Court in Epe, Lagos State. Kolade Afeez Oladigbolu, group chairman of Royal Colony Limited during the opening told subscribers and stakeholders that the Oduduwa Court will reflect the evergreen land, in the Epe area of the state. read more Royal Colony unveils Oduduwa Court estate in...

efcc-says-landlords-letting-houses-to-internet-fraudsters-risk-15-years-in-jail

EFCC says landlords letting houses to internet fraudsters risk 15 years in jail

Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC) has said that any landlord or landlady that let his or her house to internet fraudsters popularly known as Yahoo boys, will henceforth face prosecution. According to the agency, such house owners will be liable to 15 years imprisonment if found guilty. Announcing this via its Twitter handle, the Commission said further...

lagos-embarks-on-demolition-of-defective-buildings-in-ikoyi

Lagos embarks on demolition of defective buildings in Ikoyi

The Lagos State Government through the officials of the Lagos State Building Control Agency (LASBCA) has commenced the demolition of 5 defective buildings in the Ikoyi area of the state. The building removal exercise which is a pre-emptive measure by the state government is to forestall any likely accidental collapse of these buildings as well as save lives. The structures which were located at the end of...

what-borrowers-did-not-know-about-home-equity-loan

What borrowers did not know about home equity loan

When the defunct Bank PHB came up with a product it called ‘Homeowners Advantage’, it simply highlighted the benefits available to people who owned homes and needed to create wealth by borrowing against such homes. This, in effect, is what economists call home equity loans. It is a form of loan, also known as ‘second read more What borrowers did not know about home equity...

aihs-to-set-housing-agenda-for-political-office-seekers-ahead-2023-elections

AIHS to set housing agenda for political office seekers ahead 2023 elections

Worried about the housing challenge in Nigeria and the lip service which government pays to, organizers of the Africa International Housing Show (AIHS) say they will be setting agenda for the housing sector ahead of 2023 elections in Nigeria when stakeholders gather in Abuja for the annual show. The decision, according to them, reflects current read more AIHS to set housing agenda for political office...

more-troubles-for-households-as-landlords-hike-rents-further

More troubles for households as landlords hike rents further

Landlords in major cities in Nigeria are increasing house rents, even as many households are grappling with surging food prices as well as the rise in transportation and energy costs. In the last six months, the rental market has seen many landlords and tenants engage in hot arguments over rent increases. Many tenants have started read more More troubles for households as landlords hike rents...

grand-opening-of-eden-city:-the-city-within-a-city

Grand opening of Eden City: The city within a city

With a clear sky and expectant hearts, Edin City, a housing development by Buildzone Housing Solutions in Benin City was officially opened to the public on the 9th of June, 2022. The occasion took place at Edin City, Ebo/Ihirihi Road, Off-Airport Road, Benin, Edo state with dignitaries and very important personnels like Former Commissioner for read more Grand opening of Eden City: The city within a...

lafarge-africa,-sanwo-olu,-others-to-examine-real-estate-sector

Lafarge Africa, Sanwo-Olu, others to examine real estate sector

Lafarge Africa Plc, a member of the Holcim Group, is set to hold its public policy thought-leadership series, Concrete Ideas 5.0. Lafarge’s Concrete Ideas series, now in its fifth year, has become not only a platform for the discussion of construction and real estate sector policies but also deliberations on broader public policy problems, according read more Lafarge Africa, Sanwo-Olu, others to...

exchange-rate-volatility-creates-naira,-dollar-ecosystem-in-premium-real-estate

Exchange rate volatility creates naira, dollar ecosystem in premium real estate

The impact of exchange rate volatility in Nigeria is spreading across sectors such that in real estate, it has created what experts call ‘naira and dollar economy’ in the premium segment of the market. In Ikoyi, Banana Island and Victoria Island, which are home to premium real estate, there is an increase in tall structures read more Exchange rate volatility creates naira, dollar ecosystem in premium...

residential-real-estate-in-oluyole;-ibadan’s-industrial-hub

Residential real estate in Oluyole; Ibadan’s industrial hub

Oluyole is a renowned middle-income neighbourhood located in Ibadan, Nigeria. The area is bordered by Apata in the North, Elebu in the South West, Challenge in the South East, and Iyangaku in the East.  This city is a mixed-use city, mainly consisting of large industrial areas. The industrial market in Oluyole (the largest in Ibadan) is approximately 351,000sqm, with some of the top companies being:...

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