Real Estate
15 Jan
A new report has projected a rebound in cement sector’s performance in 2024 based on the increased infrastructure budget for 2024 at N1.32 trillion and the creation of the Infrastructure Support Fund (ISF) by the Presidency
15 Jan
• Begins 28-storey residential project in Landmark city One of the major investors in Lagos real estate, Landmark Africa has called for a conducive environment for property developers and intervention of the authorities to secure investments along the Atlantic Ocean beach corridor in Victoria Island, Lagos. The company believes that securing the area from social…
15 Jan
A civil society group under the aegis of Take-It-Back Movement (TIB) has decried the impacts of the high rents on households’ income across the country and called for government’s intervention.
15 Jan
Many developers are increasingly rejecting turnkey projects due to the huge financial outlay needed and other operational challenges, despite reduction in new commercial developments.
15 Jan
The Federal Government has completed an audit of the National Housing Programme (NHP) and reviewed the allocation process, while retaining the controversial selling prices for housing units fixed by the Muhammadu Buhari Administration across the country.
15 Jan
The real estate sector in Nigeria, despite its substantial contribution to the nation’s GDP, has faced a downturn in the last three and half years. Several factors contribute to this decline.
1 Jan
Despite economic headwinds and challenges with obtaining building permits, experts predict that the demand for housing will remain strong, and the market will see a steady increase in property values this year.
1 Jan
The Federal Government and key players in the environmental sector have endorsed the Minimum Energy Performance Standards (MEPS) and labeling for lighting, which implementation would commence in the first quarter of next year.
1 Jan
An Abuja-based firm, Messrs Pennek Court Estate has appealed to the Federal Government to provide tax rebate for developers, which will enable them to deliver affordable housing to vulnerable Nigerians.
25 Dec
Faced with the reality of the times, housing experts have emphasised the need for bricklayers to embrace modern technologies, improve quality of constructions and guarantee quality assurance. Speaking at the 2023 edition of the Lagos State Bricklayers Association (LSBA) yearly general meeting (AGM) themed: "Traditional Masonry Techniques and Advancing Building Technology", a past President, Nigerian…
25 Dec
The Lagos State government has pledged to address the myriad of challenges mitigating the full growth of the industry through enforcement of all relevant laws guiding real estate investment across the state. Governor Babajide Sanwo-Olu made this pledge at the fourth Lagos Real Estate MarketPlace conference and exhibitions themed: "Real Estate Regulation: A panacea for…
25 Dec
The Federal Government has entered into partnership with a consortium of private developers for the delivery of 100,000 housing units in 36 states and Federal Capital Territory.
Latest
26 mins ago
Nigerian chess master Tunde Onakoya has broken the world record for the longest chess marathon, playing nonstop for 60 hours in Times Square, New York. The previous world record was 56 hours, nine minutes, and 37 seconds by Norwegian duo Hallvard Haug Flatebø and Sjur Ferkingstad in 2018. READ ALSO:Tunde Onakoya sets new world record…
43 mins ago
The Minister for Communications, Innovation and Digital Economy, Dr Bosun Tijani has announced strategic partnerships with Cisco, 21st Century Technologies like Awarri and DataDotOrg.
1 hour ago
World leaders appealed for calm Friday after reported Israeli retaliation against Iran added to months of tense spillover from the war in Gaza, with Iranian state media reporting explosions in a central province. Israeli officials made no public comment on the attack and Iranian officials played down its significance. Iranian Foreign Minister Hossein Amir-Abdollahian said…
1 hour ago
A surge of Chinese military aircraft was detected around Taiwan during a three-hour window on Saturday, Taipei's defence ministry said, a month before the self-ruled island's May 20 inauguration of incoming president Lai Ching-te.
1 hour ago
Two mayoral candidates were reported killed in Mexico on Friday, one in the country's northeast and another in the south, authorities said -- part of a wave of political violence ahead of June elections.
1 hour ago
In today's world, time is a precious commodity. We're constantly bombarded with the message that "time equals money," and the pursuit of financial security often feels like a never-ending treadmill. But what if there was another way?
1 hour ago
Some 800,000 people in a Sudanese city are in “extreme and immediate danger” as worsening violence advances and threatens to “unleash bloody inter-communal strife throughout Darfur,” top UN officials warned the Security Council.
2 hours ago
The committee to supervise the All Progressives Congress (APC) governorship primary in Ondo state, on Friday, said a total of 171,922 accredited members would vote on Saturday.
3 hours ago
Nigeria's Tunde Onakoya has set a new world record for the longest time to continuously play chess. “We have done it," Onakoya's X account announced earlier on Saturday. “We’re pushing to 60 hours, guys. We’re not stopping yet. Let’s keep going. Apart from setting the new record, Onakoya is also using the opportunity to raise…
3 hours ago
The Nigeria Football Federation (NFF) has said that it would unveil a new coach for the Super Eagles early next week. The Super Eagles have been without a coach since Portuguese, Jose Peseiro, left the job after leading the team to second position