Category Archives: Featured

Ambode and pains of owning property in the city

Patience Jonathan wielded a lot of power and influence. Her husband, Goodluck Jonathan, was the President of Nigeria until 2015 when he handed over to the incumbent President, Muhammadu Buhari. Now out of power, Mrs. Jonathan may have to chant more than “there is God

FG to demolish property along Akanu Ibiam airport runway

Raphael Ede, Enugu Property owners around the Akanu Ibiam International Airport, Enugu, would soon lose them as the Federal Government, on Monday, declared the buildings as threat to the airport security and a hindrance to the realization of “international status’ of the airport. READ:ABUJA INTERNATIONAL

Tax evasion: FG, states go after property owners in FCT, Lagos

Uche Usim, Abuja Tax evaders are in for tough times as the Federal Government, yesterday, beamed its searchlight on their properties located in highbrow areas of the country. The government’s onslaught comes as the nine-month amnesty granted taxpayers to regularise their tax statuses under the

Land disputes as stumbling block to property development

Land is an indispensable factor whenever we talk about property development. And in majority of cases, that explains why people kill one another in the quest to secure land. Those who do not understand the importance of land, especially in property developments, usually ask why

UPDC plans 20Billion bond sale for Real Estate

Nigerian conglomerate UAC plans to raise 20 billion ($65.4 million) naira this year through a bond sale to refinance short-term borrowings at its real estate subsidiary, where losses have widened, group CEO Abdul Bello said on Thursday. Get your daily housing news on your mobile

Power sector loses N108 billion in first quarter

Nigeria’s power sector lost about N108 billion during the first three months of this year due to several constraints inhibiting the regular supply of electricity in the country. According to data from the Nigerian Electricity Supply Industry (NESI), the power sector is losing between N1.2

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