Category Archives: Business

IBS Begins in Florida, Nigerian Minister, others to attend

The Minister of State for Power, Works and Housing, Suleiman Zarma Hassan will be visiting the 74th annual convention and exposition for stakeholders in the housing and construction industry that will hold from today, January 9-11, 2018 at the Orange County Convention Centre, Orlando, Florida, USA. 

Retail market records increased interest in Q3 2017

Despite the challenges arising from a hash operating environment, the retail market in Nigeria in the third quarter of this year witnessed increased interest from international retailers, which, in some cases, translated into active negotiations as well as concluded leasing transactions. Though general activity in

Project loans check rural-urban migration in Lagos –Ambode

All the capital projects executed with borrowings by the Lagos government have so far helped to check rural-urban migration in the state, its Governor, Akinwunmi Ambode, has said. According to the governor, who disclosed this during the just-concluded  9th annual Bankers’ Committee retreat in Lagos,  the current massive

Real Estate: Bright Future 

The real estate and construction sector of the economy has all it takes to contribute more to the Gross Domestic Product (GDP) in this fiscal year. But this is only if certain conditions are met. Experts are convinced that with the right indices in place

FG finally hands over State House, Marina to Lagos govt

The Federal Government on Tuesday completed the process of handing over the State House, Marina, to the Lagos State Government. The process which started about 20 years ago was completed with the signing and exchanging of documents between the state government and the Federal Government

How construction, real estate can drive growth, by experts

Worried by the decline recorded in their sectors in the last one and half years, stakeholders in the construction and real estate industry have suggested ways out of the woods. DAYO AYEYEMI reports While the dust raised by the 2017 third quarter data on Nigerian’s

COPEN Group inaugurates fifth housing estate in Enugu

COPEN Group, a consortium of God fearing professionals on Monday in Enugu inaugurated its fifth housing estate aimed at reducing the housing deficit in Enugu State. The Group Managing Director, Rev. Ugochukwu Chime, said that the company had been involved in providing affordable housing to

Lagos State, Echostone Limited To Develop 20,000 Housing Units

The Lagos State Government on Wednesday, signed a Memorandum of Understanding with a real estate developer, Echostone Limited, to build 20,000 housing units in the state within four years. Speaking while signing the partnership agreement, Mr Gbolahan Lawal, the state Commissioner for Housing, said Lagos

‘Investors should pay attention to property maintenance’

The Business Development Manager, Provast Limited, Mr. Segun Olabode, says investors in real estate should place emphasis on efficient management and maintenance of their existing stock of properties so as to enjoy maximum returns on their investments. Olabode, who is an estate surveyor and valuer

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