Real Estate

The Abuja Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on practitioners to commit to professional standards by ensuring that they carry out their practice in line with the ethics of the profession. Charles Oghenero Ebiai They were also urged to work towards ensuring that the practice is for the betterment of society and advancement ...

The Nigerian Institute of Building (NIOB) on Wednesday, January 2, 2019 blamed the poor performance of the construction industry and its low contribution to the country’s Gross Domestic Product (GDP) in 2018 on corruption. Mr Kenneth Nduka Assessing the sector, NIOB’s President, Mr Kenneth Nduka, told the News Agency of Nigeria (NAN) in Lagos that its performance in 2018 was ...

The Housing Development Advocacy Network, an NGO, has called for the restructuring of Nigerian Mortgage Refinancing Company (NMRC) to drive needed reforms and strategies in the housing sector. Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) The group President, Mr Festus Adebayo, made this known in a statement he signed on Monday, December 31, 2018 and made available ...

The Vice-President, Nigerian Institute of Quantity Surveyors (NIQS), Mr Olayemi Shonubi, has appealed to the Federal Government to provide an enabling environment for the private sector housing to thrive in 2019. Obafemi Onashile, NIQS President Shonubi made the appeal while speaking with the News Agency of Nigeria (NAN) on Friday, December 28, 2018 in Lagos. He noted that the performance ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) says Nigeria should adopt the urban-regeneration scheme to boost its housing delivery and overcome its housing deficit. Dr Bolarinde Patunola-Ajayi Its immediate past president, Dr Bolarinde Patunola-Ajayi, made the observation on Friday, December 21, 2018 while speaking with the News Agency of Nigeria (NAN) in Lagos. Patunola-Ajayi said that urban regeneration ...

IFC, a member of the World Bank Group, and the government of the United Kingdom announced on Monday, December 10, 2018 a new partnership to help transform construction markets by crowding in as much as $2 billion in public and private sector financing for certified green buildings in emerging markets. The UK-IFC Market Accelerator for Green Construction Programme will be the first ...

The Lagos-based ITB Nigeria Limited has announced plans to be the first indigenous company to obtain the latest ISO 45001:2018 – Occupational Health and Safety Management System. The company made the announcements at an Essentials of ISO training held recently in Lagos. ITB will also be obtaining certifications in ISO 9001:2015 – Quality Management System and ISO 14001:2015 – Environmental ...

The Lagos-based ITB Construction Nigeria Limited has called for the digitisation of the construction industry in the country. Managing Director of ITB, Mr. Ramzi Chidiac, made the call recently at the firm’s office on Victoria Island. Chidiac noted that digital technology would foster the growth of the construction industry, minimise project delays, reduce the occurrence of accidents, and guarantee cost effective ...

An estate surveyor and valuer is referred to in Nigeria as a professional member of NIESV (the Nigerian Institution of Estate Surveyors and Valuers) who is also registered and empowered by law through the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) to carry out property valuation tasks in the interest of the owner/prospective owner and the society. With ...

The Lagos State Chapter of the Nigerian Institute of Building (NIOB) says it will ensure that operators in the industry strictly adhere to construction site safety measures. Its Chairman, Mr Adelaja Adekanmbi, made the promise on Friday, October 19, 2018 at a press conference heralding the 27th Conference and Annual General Meeting of the institute in Lagos. Adekanmbi said that ...