Real Estate

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 ...

Construction bigwig, ITB Nigeria Ltd, has disclosed that it is set to complete its first steel and concrete building project, tagged the “Azuri Peninsula.” The structure is being built at the Eko Atlantic City in Lagos. The Azuri Peninsula project, which began in early 2015, is said to be a unique steel and concrete residential building project that consists of ...

The Federal Capital Territory Administration (FCTA) said on Monday, July 16, 2018 that it has initiated programmes under the Public-Private Partnership to address 1.7 million housing deficits in Abuja, the Federal Capital Territory (FCT). FCT Minister, Malam Muhammad Bello, said at the opening of the 12th Abuja Housing Show in Abuja that this initiative was in line with private sector ...

Land and landed properties are one of the most valuable assets to possess. They are among the few assets with the probability to increase significantly in value with little time. The fact that land appreciates faster in the cities is the main reason we have a steady increase in the number of landowners registering their land in Abuja. Abuja, being ...

Experts in the building and construction industry on Thursday, June 14, 2018 in Lagos lauded the Federal Government’s efforts in reviewing the National Building Code (NBC) of 2006. They said in Lagos that the review was a good development, describing it as a right direction and synergy for effective housing delivery in the country. The Federal Government had on Tuesday ...

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has blamed the 17 million housing deficit in Nigeria on policy somersaults by successive administrations. Mustapha stated this while receiving delegates from the Federal Housing Authority (FHA), according to a statement signed by Andrew Uhwe, Director Press, OSGF, on Wednesday, May 23, 2018 in Abuja. He urged the ...