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NewsFeb 3, 2014

Lagos State Finalizes Plans to Move Ikeja Computer Village

If feelers from the Lagos State Government is anything to go by, the state is finally poised to relocate the ever popular Ikeja Computer Village to a new site, Katangowa Internet City, somewhere around Katangowa Market in Agbado, Oke-Odo area of Lagos State (Along the Abeokuta-Lagos expressway).

D Don Okereke 2 min read

NewsDec 5, 2013

Exorbitant Rent, etc. Chases Wal-Mart, Woolworth Out of Nigeria

There was so much excitement in the air several months ago when news filtered in that renowned global brands such as Wal-Mart, Woolworth et al were coming into Nigeria to do business. However it appears the duo of Wal-Mart and Woolworth are struggling to thrive in the profitable but shark infested business climate in Nigeria. There are strong indications that the aforementioned retail chains are set to pull out of Nigeria due to what they called ‘unfavorable business climate’.

D Don Okereke 2 min read

NewsDec 5, 2013

$300 Million Earmarked for Social Housing Scheme in Nigeria

There is some cheery news for prospective home/house owners in Nigeria. Nigeria’s Federal Executive Council recently approved the request of the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to secure a $300 million loan from the International Development Association Housing Projects in Nigeria. Housing demand exceeds its supply and this has a multiplier-effect on rents. It is estimated that Nigeria needs more than 700,000 housing units annually as against the current 100,000 units available.

D Don Okereke 2 min read

NewsAug 13, 2012

Lancelot Plans N250m Ogun Mega Plaza

Amid the crave for modern shopping facilities by residents along the Lagos-Ibadan expressway, especially within Arepo neigbourhood, a property development and investment company, Messrs Lancelot Ventures has announced plans to construct a new complex in the middle class settlement in Ogun State.

K Kanayo 2 min read

NewsAug 13, 2012

Carifos to Kick-start Lagos’ Modo Heights Housing Project

After sorting out all issues surrounding one of the outstanding but upcoming housing projects in Lagos State, the coast is now clear for the take off of the development, as indication emerged last week that the developer may soon move its contractors to site to deliver  ‘Modo Heights’ estate.

K Kanayo 2 min read

NewsAug 13, 2012

25 Mortgage Bank Licences Revoked by CBN

Apparently bowing to the unrelenting clamour for the reform of the critical aspects of the nation’s mortgage system, the apex supervisory authority, Central Bank of Nigeria (CBN) may have began a clampdown on Primary Mortgage Banks (PMBs) that ceased to carry mortgage business for which they were licensed.

K Kanayo 4 min read

NewsAug 11, 2012

Royalty Magazine Launches Housing Scorecard Segment

A property magazine, Royalty International, created to serve the Real Estate, Building and Construction sector in Nigeria plans to introduce a special section known as ‘Millennium Housing’ segment.

K Kanayo 2 min read
Nigeria Property Centre Turns One!

NewsApr 12, 2012

Nigeria Property Centre Turns One!

One year ago today, we launched Nigeria Property Centre with an aim to make the search for property to let and for sale in Nigeria easy and quick. Within this time we have become one of the best property websites in Nigeria.

K Kanayo 1 min read

NewsMar 26, 2012

Introducing Free Business Websites for Estate Agents in Nigeria

Today, we’re announcing the launch of our Personalized Website service for estate agents in Nigeria. This service gives estate agents in Nigeria the ability to own their own websites in just 5 minutes. The websites feature full property listing and search capabilities including the ability to sort property by price, type and date listed.

K Kanayo 2 min read