Nigeria Property Centre
The Journal

Property news, tips & advice.

Market trends, neighbourhood guides and practical know-how for buyers, renters and agents across Nigeria.

NewsJun 27, 2011

Kudos, Knocks Trail Proposed New Lagos Tenancy Law

As Lagosians await the assent of the controversial new tenancy law by Governor Raji Fashola to usher in a regime of rent control, divergent views have continued to becloud the proposed document.

K Kanayo 7 min read

NewsJun 27, 2011

Construction, Mortgage Sectors Raise Stake in Property Investment

Indications emerged last week that construction industry and mortgage firms may have jerked up investment opportunities in the new financial year, following positive returns on investments release last week by notable firms in the stock market.

K Kanayo 3 min read

NewsJun 20, 2011

Protea Hotels Commences Construction of New Three Storey Hotel in Alausa, Lagos

To maintain its position of competitiveness in the hospitability business, one of Africa’s largest and hotel group, Protea Hotels, has started the construction of a new three-storey hotel facility at the Alausa area of Lagos. Messer. Brick House Construction Limited is piloting the project as developers.

B Bing 2 min read

NewsJun 6, 2011

How The Building Insurance Law Will Be Implemented, by NAICOM Chief

Barring any further hitches, the implementation of the 2003 Insurance Act that came into force recently may soon be kick-started by the insurance regulatory body, following a fresh effort to woo professional bodies in the building industry to back the implementation of the scheme within the construction sector.

B Bing 5 min read

NewsJun 6, 2011

Dangote Cuts Cement Price to ₦1,600

Anticipation that cement price will crash, following a directive by President Goodluck Jonathan to the operatives to reduce cost of the products may have hit the rocks as Dangote Cement Plc, a major manufacturer, has unveiled a new price regime review, which pegged its prices to N1,600 per 50 kilogramme bag.

B Bing 4 min read

NewsJun 2, 2011

Propertymart, PW Group Seal Deal on Grenadines Homes Project

Ahead of plans to kick-start construction activities in its pet project, Messrs Propertymart has signed a contract with a building and civil engineering firm, PW Group to provide engineering services to a proposed estate- Propertymart Grenadines Homes within Citiview Estate, located at Arepo, Ogun State.

B Bing 4 min read

NewsJun 2, 2011

Oyo Unveils ₦171m Lagos Liaison Complex

Oyo State Government has unveiled an ultra modern Lagos liaison office complex in GRA, Ikeja, valued at N170.9million. The project was commissioned by the past administration.

B Bing 2 min read