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Jasmine Court Apartments in Carlton Gate Estate Concluded by Megamound

NewsFeb 21, 2012

Jasmine Court Apartments in Carlton Gate Estate Concluded by Megamound

Front-line property development and management company, Megamound Investment Limited, has successfully completed Jasmine Court, an exquisite apartment block situated within its Carlton Gate Estate that is located off Chevron Drive in Lekki.

K Kanayo 3 min read
FG to Seize Sites of Collapsed Building in Nigeria

NewsFeb 16, 2012

FG to Seize Sites of Collapsed Building in Nigeria

Worried by the recurring cases of building collapse in the country, the Federal Government says it would begin to confiscate sites where buildings collapse in the Nigeria no matter who owned them.

K Kanayo 2 min read
Cement Importation Ban: Dangote Cement May Emerge Market Leader in Nigeria

NewsFeb 8, 2012

Cement Importation Ban: Dangote Cement May Emerge Market Leader in Nigeria

As Government plans to ban the importation of cement by the end of March, all fingers seem to be directed at Dangote cement as a clear leader in Nigeria’s Cement business. With its production hitting close to 20 million metric tonnes, about 80% of total local consumption of cement in Nigeria; it becomes glaring that Dangote group will call the shot in the 2012 market.

K Kanayo 2 min read
FCT Minister Flags off ₦137b Abuja District Infrastructure Project

NewsFeb 6, 2012

FCT Minister Flags off ₦137b Abuja District Infrastructure Project

In a bid to open up investment opportunities and provide for more accommodation to the teeming population in Abuja, the Federal Capital Territory (FCT) last week formally commenced N137 billion infrastructural developments in the Kagini, Katampe and Maitama extension districts.

K Kanayo 3 min read
Lagos State Govt. to Acquire Abandoned Properties

NewsFeb 6, 2012

Lagos State Govt. to Acquire Abandoned Properties

All abandoned properties within the landmass of Lagos State may be taken over by the state government, a step to forestall security threats milling round the metropolis, officials in the Ministry of Physical Planning and Urban Development have hinted.

K Kanayo 3 min read
Intercontinental Hotel Coming Soon to the Lagos Skyline

NewsJan 30, 2012

Intercontinental Hotel Coming Soon to the Lagos Skyline

While many hospitality experts project events that will shape the industry in their outlook for 2012, the expectation is high on the many new hotels that will be opening their doors to the public this year.

K Kanayo 5 min read

NewsJan 25, 2012

Lagos State Govt. to Enforce Withholding Tax Deduction by Tenants

The Lagos State governor, Babatunde Raji Fashola SAN, seems intent on complicating the (even at best of times) fractious relationship between landlords and tenants in the state. After signing into law the Tenancy Law which restricts the payment or rent to one year in advance, proposing that landlords may be asked to account for the criminal activities of their tenant, he has now told tenants to deduct withholding tax from the rents they pay their landlords.

K Kanayo 2 min read

NewsJan 23, 2012

BVI Limited Plans Investments in Housing, Targets 1 Million Homes

If the proposal by BVI Limited, a subsidiary of “Zawawi Group”, is anything to go by, about one million homes look set to come on stream to cushion the housing shortfall through efforts by the conglomerate group in the coming year.

K Kanayo 3 min read

NewsJan 23, 2012

Ogun State Govt. Assures Residents of Affordable Housing

Amid the prospects of completing existing structures in some housing estates, Ogun authorities have urged residents to explore opportunities provided by state’s mortgage firm towards becoming home owners.

K Kanayo 2 min read