The Journal

Property news, tips & advice.

Market trends, neighbourhood guides and practical know-how for buyers, renters and agents across Nigeria.

NITEL Board Approves Sale of NECOM House – Liquidator

The controversy surrounding the sale of the 37-storey NITEL building took a dramatic turn recently with the revelation by the liquidator of the NITEL/MTEL Pension Fund, Olusola Adekanola, that the board of NITEL approved the sale of the head office building – NECOM House. Adekanola, in a statement from his media and communication consultant, Kazie Uko, revealed that the list of NITEL’s non-core assets that were transferred to NITEL/MTEL Staff Pension Fund was prepared by a team of professionals working with NITEL management.

Bing May 5, 2011 · 3 min read

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NewsMay 4, 2011

Landlords Slash Rent Prices in 1004 Estate Lagos

800 two and three bedroom flats (80%) of the 1004 flats in this estate entered into entered the Victoria Island market almost the same time in October 2010 with very high rent tags. Apparently responding to the credit crisis in the financial system however, landlords of the various flats at the estate have slashed the rents considerably.

B Bing 2 min read

GeneralMay 4, 2011

A Bit of Advice on Choosing Builders

Significant changes to your home like a new extension or a redesign of a particular area will typically call for a professional hand. Then comes the question "what should I look out for while selecting a professional builder?". This question is even more important when you have little or no experience in the area. An article from The Guardian suggested the tips below.

B Bing 1 min read

GeneralMay 1, 2011

A Quick Guide to Moving House

As the day to move house draws closer, you’ve probably got a hundred things going through your head that you wish to take care of! Anyway, we completely understand this kind of situation so we’ve looked around the Web and put together a Quick Summary of things you should take care of as the D-day to move draws near.

A Adminstrator 4 min read

AdvertisingApr 30, 2011

Tips for Advertising Your Property Online

With the ever increasing number of property adverts online, it is important to take steps to ensure your adverts stand out of the crowd and get you those calls or emails that will hopefully end up in a signed contract. The way you go about putting up your advert can be the difference between yet another advert on the internet and a call or email from a potential customer.

B Bing 7 min read

Renting & LettingApr 29, 2011

A Quick Guide To Renting Your New Place

Getting a place to rent can be quite a challenge. It could take anywhere from a few days to few weeks or even more. We discovered an interesting article that talks about things to consider when Renting a new place. We thought to summarize and share the key guidelines that should be followed or considered.

A Adminstrator 4 min read

Buying & SellingApr 28, 2011

6 Key Steps to Take When Buying a House or Land Property in Nigeria

There are a great number things to look out for and keep in mind when buying a new home or land property especially in a place like Lagos Nigeria. The following 6 steps are crucial and will serve as guideline while you make that investment in a Home.

A Adminstrator 3 min read

Buying & SellingApr 27, 2011

The Lagos Home Ownership Mortgage Scheme (HOMS) in Detail

The Lagos State Government unveiled a new Home Ownership and Mortgage Scheme (HOMS) which is aimed at aiding Lagosians acquire home. Further details of this scheme has been released and are listed in this article.

B Bing 7 min read

NewsApr 25, 2011

Victoria Tower Coming to the Ikeja Skyline

Negris Group has launched an ambitious plan to build a 10 story building head office complex within the Central Business District in Ikeja Lagos. Christened Victoria Towers, as it is called, will be located along Mobolaji Bank Anthony Way, few minutes drive from both the international and local airports and Alausa, the seat of the Lagos State Government.

B Bing 2 min read

Buying & SellingApr 24, 2011

Getting a Certificate of Occupancy (C of O) in Lagos – Step by Step Procedure

The procedure for obtaining a Certificate of Occupancy (C of O) in Lagos, Nigeria shown in this article is the official process as described by the Lagos State Government.

B Bing 3 min read

NewsApr 24, 2011

Property Prices Set to Increase as New Insurance Law Comes Into Force

Property prices are expected to increase following the commencement of an Insurance Act that makes it mandatory for property owners or contractors to insure buildings with more than two floors in respect of construction risks. The enforcement of this law commenced on the 1st of March.

B Bing 3 min read

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