Real Estate

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 ...

President of Togo, Faure Essozimna Gnassingbe, has commended the Eko Atlantic City project on the technique adopted towards providing what he terms “a permanent solution” to coastal erosion on the Lagos shoreline. He gave the commendation on Friday, September 21, 2018 during a tour of the ongoing project in the company of Mr. Ronald Chagoury, Chairman of South Energyx Nigeria ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has urged operators in the real estate surveying industry to improve on their capacity development. Mr Joe Idudu, a former President of the institution, said at a seminar organised by the Faculty of Estate Agency and Marketing Business Division of NIESV in Lagos on Thursday, September 20, 2018, that it was ...

Lagos-based construction company, ITB Nigeria Limited, has stated that the firm has redefined and raised the standards of buildings and construction in Nigeria. Managing Director of ITB, Mr. Ramzi Chidiac, made the submission at a media session in Lagos on Thursday, September 6, 2018. Speaking at the event, Mr. Chidiac stated that ITB Nigeria Ltd recently adopted a new slogan ...

Kenya plans to partner with the World Bank to increase supply of affordable houses, Charles Mwaura, the Principal Secretary, Ministry of Transport, Infrastructure, Housing and Urban Development, said on Friday, August 31, 2018. Mwaura said the Kenya government would provide $20 million while the World Bank will provide $160 million as seed capital for the Kenya Mortgage Refinance Company (KMRC). ...

Eko Atlantic City, which is being constructed adjacent Victoria Island in Lagos, has played host to the top 50 brands in Nigeria 2018 as the companies were hosted at an unveiling ceremony at the Eko Atlantic City Sales Office. Host, Mr. Ronald Chagoury Jr., Vice Chairman, South Energyx Nigeria Limited, said, “We are happy to be hosting the top 50 ...

Lagos-based construction firm, ITB Nigeria Ltd, has disclosed that it is about to complete the Trinity Towers located on Victoria Island in Lagos. The “21st century style” structure is a flagship project by The City of David, a parish of the Redeemed Christian Church of God (RCCG) and is designed to provide space for a blend of worship, work and ...

The Federal Mortgage Bank of Nigeria (FMBN) Board has approved the implementation of the “Rent-To-Own” pilot housing scheme to begin with 3,000 houses nationwide. A statement signed by Mrs Zubaida Umar, FMBN Corporate Communications Group Head, on Sunday, August 13, 2018 in Abuja, stated that the scheme was a strategic move designed to make home ownership more accessible and affordable ...

Integrated engineering and construction solutions firm, ITB Nigeria Ltd, has reiterated its commitment to boost innovation in the engineering and construction industry by offering post-tensioning techniques; a unique solution in the global construction industry. ITB disclosed in a statement that it has a fully functional post-tensioning division that offers shop drawings and stressing calculations, safe Installation procedure, supplies, and jack ...

President, Nigerian Institute of Quantity Surveyors (NIQS), Mr Obafemi Onashile, has urged operators in construction industry to adopt the JCT 2011 form of contract as basis of addressing challenges in construction practices. Onashile made the call in Lagos on Tuesday, July 24, 2018 at a two-day workshop organised by the institute with the theme: “Construction Contracts Best Practices’’. He described ...