Real Estate

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 ...

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 ...