Real Estate & Construction

The Commissioner attributes the building collapse to structural design flaws

The recently appointed Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Oluyinka Olumide, emphasized that structural defects in building designs are...

NIOB calls on the federal government to provide subsidies for cement

The Nigerian Institute of Building, Lagos Chapter, has called on the Federal Government to intervene and reduce the cost of cement in the country. It...

Amidst rising inflation, developers are increasingly embracing funding models that involve sharing the risks

To navigate the challenges posed by surging inflation, real estate developers are adopting innovative funding approaches that allow them to share risks with their...

The median rent price in Lagos and 10 other states has reached N720,000.

The median rent for a three-bedroom apartment in Nigeria has surged to a record high of N750,000. A comprehensive assessment of the average three-bedroom...

NLC and FMBN in Conflict Regarding Disputed N238 Billion National Housing Fund.

Differences have emerged between the Nigerian Labour Congress (NLC) and the Federal Mortgage Bank of Nigeria concerning the management of the contributory National Housing...

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