Friday , 28 March 2014
Headlines
- Lekki-Ikoyi toll illegal court says
- New Lagos Computer Village requires 20 Billion Naira
- EHINGBETI 2014: Powering the Lagos Economy: Real Opportunities, Endless Possibilities
- Nigerian Economic Summit to focus on Education
- Construction of 2nd Niger Bridge kicks off
- Fraud Alert: Beware of Ayobo land – Lagos Land Bureau
- NIESV becomes govt official property valuers and managers – BPP
Category Archives: News Feed Subscription
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Commercial boom? Exciting as investors scramble for skyline
Talking strictly about the Nigerian real estate market, the three major cities of Abuja, Lagos and Port Harcourt readily come to mind and, among the three, Lagos stands out as the preferred destination for investment especially in the commercial segment of the market. Within Lagos, Victoria Island stands out being the city’s most sizzling business hub harbouring the head offices... Read more »
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GE Africa initiative lights up 140 homes in Rivers State
For the Egbeke community in Rivers State, it is a new dawn with the completion of Green Village Electricity Project (GVE-P), a pilot phase of General Electric (GE) Africa’s off-grid community electrification project in the community. GVE-P, which is an initiative under the GE Africa-USADF Power Africa Off-Grid Energy Challenge, today produces about 6KW of solar-powered electricity which it distributes... Read more »
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UBA top banks effectively using social media – BusinessDay
UBA has been ranked number one in banks that “effectively use social media” in the first Alder Social Media Report, Nigeria 2014. The bank came first by popular ranking beating two other banks, namely GTBank and First Bank of Nigeria Plc. The popular ranking of the Alder Social Media Report is based on the perception and impressions of 1,378 tech... Read more »
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AMCON to commence sale of Enterprise Bank and Mainstream Bank
Chike Obi calls for economic, unemployment emergency in Nigeria THE Asset Management Company Limited (AMCON) has announced that the sale of the three nationalized banks would commence in June 2014. According to the Chief Executive Officer of AMCON, Mustapha Chike Obi, Enterprise bank would be sold by June while Mainstream would follow subsequently in October this year. Chike Obi, while speaking... Read more »
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Badagry Museums: Sad Reminder Of Tragic Past, Yet Tourist Hotspot
Badagry is one of the Nigerian towns patronized by tourists from everywhere. AJIBOLA AMZAT visited the tourist town recently. He writes about the three major museums located in the town. BADAGRY in Lagos state is a tourist town with a frightening past. Several tourist sites that dot the landscape of Badagry are full of relics of slave trade that lasted... Read more »
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“Imported” Expertise: What Should Nigeria’s Real Estate Care About?
The Association of Professional Bodies of Nigeria (APBN) met in Lagos recently. One of its major worries is the intensity with which foreign expertise is dominating the Nigerian market. Real Estate experts also aired their frustration on the development. A closer look at the nation’s Real Estate market however, would reveal that if care is not taken, the foreign-experts push... Read more »
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Real Estate Stakeholders Discuss Ways of Digitalizing Industry
As Real Estate contribution to Nigeria’s Gross Domestic Product, GDP, takes the upward swing, stakeholders have begun strategizing on how bring the industry to digital speed. This idea was articulated by various interests within the built sector at the second edition of the Property Buyers’ Forum, PBF, oraganised by 3Invest Limited. 3Invest, a notable Real Estate advisory firm, in its... Read more »
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President Jonathan Launches National Housing Fund E-CARD
President Goodluck Jonathan lastweek, commissioned a N2.4 billion mass housing project of 270 flats which has been called Aviation Village in Abuja. The project which was financed by the Federal Mortgage Bank of Nigeria (FMBN) is affirming his Government’s decision to reform the housing and bridge the deficit, the president noted. The President also used the opportunity to introduce the... Read more »
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ABUJA WORKERS GET 32bn MORTGAGE FROM FMBN
Mr Gimba Kumo, the Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), speaking in an interview with the News Agency of Nigeria (NAN) in Lagos said that they had refinanced more than N32 billion mortgages for workers to buy houses in Abuja. According to him, the amount was invested to assist workers to buy the non-essential residential Federal... Read more »
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Retail Real Estate: Will this E-Commerce Mean a Threat… or an Opportunity?
If I were to be confronted with this question in a vox pop, my most likely answer will be “not anytime soon”. But after distilling a 2013 State of Digital Media Report a senior colleague shared with me; I found, among other intriguing revelations, four things worth your attention. One, that as at 2011, 62.4bn out of the 200bn currently... Read more »
