REAL ESTATE & CONSTRUCTION

REAL ESTATE & CONSTRUCTION

TUC
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Trade Union Congress of Nigeria (TUC) has opposed to the recent move by the Federal Inland Revenue Service (FIRS) to charge property owners and their agents 6 ...
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Stamp Duty on tenancy agreement
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Federal Inland Revenue Service (FIRS) says the six percent stamp duty charge on tenancy previously announced will only apply to tenancy and lease agreements that are above ...
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Stanbic IBTC
NEWSLETTER REAL ESTATE & CONSTRUCTION

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged Nigerian to explore the benefits of homeownership by taking advantage of untapped investment opportunities in mortgage ...
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Oniru of Iruland
NEWSLETTER REAL ESTATE & CONSTRUCTION

Gbolahan Lawal, Oniru of Iruland, has been accused of land grab, intimidation and misuse of public resources. Iruland covers Victoria Island area of Lagos state. In a petition ...
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Stamp Duty on tenancy agreement
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Federal Inland Revenue Service (FIRS), as part of measures to reduce disputes in real estate related transactions and generate more revenue, has announced that stamp duty will ...
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Lagos State Government
NEWSLETTER REAL ESTATE & CONSTRUCTION

The Lagos State Government has announced the sealing off of 42 additional buildings in Lekki for failure to get building permits and comply with the physical planning laws ...
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HDAN
NEWSLETTER REAL ESTATE & CONSTRUCTION

Housing Development Advocacy Network (HDAN) has said that federal government’s projected delivery of 300,000 housing units annually will remain a wishful thinking unless it resolves some existential problems ...
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FEC
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Federal Executive Council has approved over 8 billion naira for the commencement of work at the Farin Ruwa waterfalls in Nasarawa state. The multipurpose dam project which ...
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FG to Forcefully Remove Vehicles
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

Minister of Works and Housing, Mr. Babatunde Fashola, has threatened that the federal government would soon commence the forceful removal of any vehicle parked on the country’s highways, ...
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BUA Group
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

One of Africa’s largest infrastructure companies, BUA Group, has announced its acquisition of majority shareholding in PW Nigeria Limited – one of Nigeria’s largest construction, engineering and mining ...
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Julius Berger
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

Shareholders of Julius Berger Nigeria Plc are to receive dividend and bonus shares for the financial year ended December 31, 2019 following improved performance recorded for the year. ...
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Lagos explosion
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The National Emergency Management Agency (NEMA) says over 50 buildings were destroyed in the explosion that rocked Abule Ado in Amuwo Odofin local government area of Lagos on ...
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FCTA
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Federal Capital Territory Administration (FCTA) says owners of buildings that were not occupied would henceforth be made to pay taxes on such property to generate more revenue ...
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Lagos Master plan
NEWSLETTER REAL ESTATE & CONSTRUCTION

Developers involved in the development and investment in properties all over Lagos have acknowledged the lopsided schemes with which they tacitly and in some cases unscrupulously secured their ...
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Nigeria's Housing Deficit
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

Nigeria’s Former Vice President, Arch. Namadi Sambo has called on Architects in Nigeria to be at the forefront of developing home-grown products and solutions for housing & building ...
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Fashola
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

Promises uninterrupted funding of Itu-Odukpani road project The Minister of Works and Housing, Mr. Babatunde Fashola at the weekend charged contractors handling the Aba/Ikot-Ekpene Road, to source and ...
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Second Niger Bridge
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

Julius Berger Nigeria Plc, the engineering construction contractor handling the 2nd Niger Bridge project, has set February 2022 as the deadline for the completion of the project. Julius ...
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Infrastructure
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION TRANSPORT & LOGISTICS

Nigeria’s Government says its borrowings will be invested in the development of the nation’s infrastructure. The Minister of Works and Housing, Babatunde Fashola, during his inspection tour of ...
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ICPC
COVER NEWSLETTER REAL ESTATE & CONSTRUCTION

The Independent Corrupt Practices and other related offences Commission (ICPC) will soon commence investigations into the ownership of unoccupied houses in the Federal Capital Territory. This, according to ...
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Buhari
COVER REAL ESTATE & CONSTRUCTION

The Federal Government says it will complete 47 ongoing road projects, including those leading to the nation ports, and major bridges including substantial work on the Second Niger ...
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