The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report released by the National Bureau of Statistics. The sector’s GDP...
A number of young Africans, mostly Nigerians and Ghanaians, have received training in green construction solution, also known as rammed earth building technology, that intends to reduce building pollution. The green construction solution is constructed by ramming a mixture of...
The General Overseer, Redeemed Christian Church of God (RCCG), has dedicated the church’s 14-storey building; ‘Trinity Towers’ built by the City of David, a Parish of the RCCG. The edifice, built at a cost of over N12 billion, has unique...
***urge presidential candidates to prioritise physical planning The President, of the Nigerian Institute of Town Planners (NITP), Nathaniel Atebije, has urged the federal government to consider introducing capital punishment for anyone found violating building ethics leading to building collapse. According to...
At least two bodies were reportedly recovered from the ruins of a two-storey building that collapsed at Mbodo, Aluu, Ikwerre Local Council of Rivers State.
The incident happened on Friday evening, with more occupants allegedly still trapped in the...
The FCT Minister, Malam Muhammad Bello has directed security agencies to arrest the officials of Federal Housing Authority and the developer over the collapse of the suspended two-storey building in Abuja. The Coordinator, Abuja Metropolitan Management Council (AMMC), Umar Shuaibu,...
A property technology firm, Propcrowdy, has launched an investment platform to raise project finance for small construction and development companies. In a statement, the firm explained that Propcrowdy is an inclusionary crowdfunding investment platform that is set up to make...
In this interview with JOSEPHINE OGUNDEJI, the Chief Executive Officer, Gtext Global, Dr. Stephen Akintayo, who is also a member of the Forbes Business Council, speaks on the challenges facing the real estate industry, among other issues How would you...
In the first three quarters of 2022, economic activity in the construction and real estate industries contributed N20 trillion to the Gross Domestic Product of the country, according to the National Bureau of Statistics’ report on GDP. According to the...
• Concerns as Lagos loses N66. 37 billion to collapsed building in 24 months
• Records 20 cases, 90 deaths in nine months
• Stakeholders seek collective response as Lagos promises sweeping reforms The country may have lost about N10 trillion to...
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