REAL ESTATE NEWS
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Landlords offer incentives to counter “work from home” induced vacancy rates
The adverse effect of the COVID-19 pandemic continues to take its toll on all sectors in Nigeria, including Aviation, Oil…
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Sanwo-Olu Disclose Plans for Fourth Mainland Bridge
The Lagos State Government has taken a major step towards the realization of the Fourth Mainland Bridge by the hosting…
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Real Estate Developers Express fear over selection process of CBN’s N200 billion Housing Fund
Real Estates Developers have expressed fears regarding the transparency of the selection process of the Central Bank of Nigeria’s N200…
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Electricity Tariff Increase, Suspended for 2 Weeks
TThe Federal Government and the Nigerian Labour Unions have agreed to suspend the electricity tariff increase for a period of two…
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Customers to pay for metering through cost of tariff – NERC
Commissioner for the Nigerian Electricity Regulatory Commission (NERC), Mr. Nathan Rogers Shatti, has said that Nigerian electricity customers won’t have…
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CBN approves N200 Billion Housing Loan for 300,000 Households at 5% Per Annum
The Central Bank of Nigeria (CBN) has approved the sum of N200 billion as mortgage finance facility to the Family…
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LASG Announces E-processing of Building Planning Permit, Approval to Take 1 Month
The Lagos State Government revealed it has created an e-planning permit platform, to ease the process of obtaining a planning…
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Lagos Announces Resumption Timetable for Public and Private Schools
The Lagos State Government on Sunday, September 13, 2020, announced the resumption time table for schools in the state. In…
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Big players in Paints and Coatings industry suffer 52% profit loss in the first 6 months of 2020
The economic challenges triggered by the COVID-19 pandemic and accompanying issues from foreign exchange illiquidity coupled with the existing structural…
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FG, Lagos State collaborate to address declining infrastructure in Festac Town
The Federal Government and Lagos State Government have resolved to collaborate to address the degeneration of infrastructure in Festac Town,…
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CBN Claims Demand For Credit By Household Increases in Q2 2020
The request for secured lending of credit by households for House purchase have increased from 0.0 to 3.0 by second…
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Lagos State Government Directs Commercial Property Owners to Produce Planning Permits
The Lagos State Government has asked owners of commercial buildings in Ogudu GRA to produce their enabling building permits. The…
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