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Economic uncertainty triggers demand for warehouse space

As some retail and e-commerce firms are increasing operations to meet customers’ necessities and home deliveries, there is now a surge in demand for warehouse space. The post Economic uncertainty...

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Experts lament non-implementation of Lagos city’s resilience strategy

The failure to implement wholly the Lagos city resilience strategy unfolded early this year by the Lagos authorities has left many stakeholders bewildered.   Launched in collaboration with Africa...

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Palton Morgan appoints Turjman as COO in race to expand Nigeria's property...

Palton Morgan, Nigeria’s foremost property development holding company, in its quest to deliver exceptional real estate projects and drive the exponential growth of Nigeria’s property sector has...

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Lagos grades road contractors to prevent substandard jobs

Determined to curb substandard road projects, the Lagos State Government plans to grade contractors handling its road projects into different categories... The post Lagos grades road contractors to...

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Lagos, conservationists urge biodiversity preservation

Worried by the adverse effect of human activities on the environment, conservationists have called for intervention to increase biodiversity preservation in the country. The post Lagos,...

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Nigeria backs hosting of COP26 in 2021, pledges to raise climate ambition

As the world grapples with coronavirus, the Federal Government has reiterated its commitment to the 26th session of the Conference of the Parties... The post Nigeria backs hosting of COP26 in 2021,...

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Low addition of local content bane of housing, say experts

Failure in the implementation of the local building materials’ policy has been blamed as a major snag in the nation’s housing delivery efforts. The post Low addition of local content bane of housing,...

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Groups seek marine protected areas in Nigeria, others

A virtual meeting on freshwater and marine ecosystems has called for the creation of a marine protected area that incorporates territories in Nigeria, the Democratic Republic of Congo (DRC) and...

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Economic recovery: Obasanjo, others seek investment in nature

A fresh international effort is now underway to give a major impetus to new global goal of protecting at least 30 per cent of the planet’s land and ocean by 2030. The post Economic recovery: Obasanjo,...

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Why rent control will not fix housing shortage, end forced eviction

With a population of over 200 million, Nigeria’s major cities are groaning under housing deficit. Majority of the renters traveled from suburbs in the hope for survival... The post Why rent control...

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Insurgency stalls FG road projects in Borno, Yobe

The decade long Boko Haram insurgency has stalled the completion of 488 kilometres of Federal Government roads in Borno and Yobe States. The post Insurgency stalls FG road projects in Borno, Yobe...

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Nigeria luxury real estate slumps amid coronavirus crisis

As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate markets have become the hardest hit, as premium apartments property owners record lowest sales in major...

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Wike is estate surveyors’ 24th President, launches agenda for transformation

A give-pronged approach towards transforming and making its organisation the best professional-centric body has been launched by the new executive council The post Wike is estate surveyors’ 24th...

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Demand, property values may drop in flood-prone cities

As Nigerian cities see an increase in rainfall, experts have predicted that demand and property values in areas prone to flooding may drop up to five The post Demand, property values may drop in...

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How multiple taxation stifles real estate sector

Stakeholders in the real estate sector said the threat posed by multiple taxations to property development, consultancy and administration is huge and required urgent action The post How multiple...

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‘Only three per cent of land in Nigeria can create wealth’

The real estate sector is not the worst hit but was badly affected by the pandemic. You cannot compare the sector with the impact on entertainment, hospitality and aviation sectors, which are in bigger...

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Real estate firm names actress Toyin Abraham as brand ambassador

Nollywood actress, filmmaker, director and producer, Toyin Abraham has signed a mouth-watering ambassadorial deal with Revolution Plus Properties in Lagos. The signing which took place at the premises...

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Sijibomi 'Sujimoto' Ogundele: The Agege boy that built a $400million company

Dressed in a simple Polo T-Shirt on a Friday Evening, Sijibomi Ogundele, Nigeria’s youngest Billionaire and Luxury Real Estate Czar, can be seen on the Lucrezia project site, in the prestigious Banana...

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NMRC refinances N18.40 billion mortgages as seven states plan foreclosure laws

Notwithstanding the harsh operating environment, the Nigerian Mortgage Refinance Company (NMRC) has financed a total of ₦N18.40 billion loans from ₦N17.02 billion The post NMRC refinances N18.40...

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‘Government must encourage green designs for healthy environment’

DR. AUSTIN OTEGBULU is an associate professor of Estate Management, University of Lagos. He spoke to VICTOR GBONEGUN on why property market has contributed dismally to Nigeria’s Gross Domestic The post...

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