Tuesday, June 28, 2022
Purple Real Estate Income Limited (PREIL), Nigeria’s breakthrough real estate investment platform, today announced the completion of a merger with the Purple Real Estate Development Company Limited (PREDCO), the real estate development arm of the Purple Group. PREIL and PREDCO...
THE menace of rainstorm in Plateau State has continued to escalate due to the refusal of the citizens to adhere to measures aimed at averting environmental disasters. As a result rain and windstorm have continued to wreak havoc in...
BUA Cement, Nigeria’s 4th largest company listed on the Stock Exchange has achieved a record 300 percent increase in production capacity in seven years, attributable to government policies Lai Mohammed, minister of information and culture. Data provided by the company...
WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house prices rising. The Real Estate Institute of WA said the State needs to build 19,500 homes a year to keep up...
Experts under the aegis of the Nigerian Academy of Engineering (NAEng) have called on engineers to reduce the impact of climate change through systems development, mitigation and adaptation measures. They noted that engineers have a critical role to play in...
Lagos State Government recently entered into an agreement with private developers via Public Private Partnership (PPP) to develop student hostel/housing at Lagos State University. For real estate developers/investors looking for opportunities to explore in 2022, experts are of the opinion...
A section to link the Lagos-Ibadan standard gauge railway to the Apapa Port in Lagos has stalled one year after the rail line began passenger service just as the contractor, China Civil Engineering and Construction Corporation (CCECC), has demanded a...
The government of the United States has been accused of going into business with Gilbert Chagoury, a Nigerian-Lebanese developer and funder of Eko Atlantic, despite his criminal records. Chagoury who was born in Nigeria to Lebanese immigrants co-founded the Chagoury...
Commends communal efforts, residents’ cooperation  As part of ongoing removal of distressed buildings,  the Lagos State Building Control Agency (LASBCA) has demolished a distressed building located at 47 Jebba Street in Ebute-Metta area of Lagos. The agency also marked over 10...
president Muhammadu Buhari’s regime will soon inaugurate two legacy projects as part of its efforts to boost infrastructure in Nigeria, says Minister of State for Works and Housing, Mu’azu Sambo. He gave the assurance in New York and listed the...
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