Nigeria Property Centre
The Journal

Property news, tips & advice.

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

Lagos State Govt. to Enforce Withholding Tax Deduction by Tenants

The Lagos State governor, Babatunde Raji Fashola SAN, seems intent on complicating the (even at best of times) fractious relationship between landlords and tenants in the state. After signing into law the Tenancy Law which restricts the payment or rent to one year in advance, proposing that landlords may be asked to account for the criminal activities of their tenant, he has now told tenants to deduct withholding tax from the rents they pay their landlords.

K
Kanayo Jan 25, 2012 · 2 min read

Latest stories

Fresh writing from our journalists and partner agents.

All Announcements News Renter Guides General Investment Advertising Market Trends Home & Lifestyle Buying & Selling Renting & Letting Design and Development Competitions Gist

NewsJan 23, 2012

BVI Limited Plans Investments in Housing, Targets 1 Million Homes

If the proposal by BVI Limited, a subsidiary of “Zawawi Group”, is anything to go by, about one million homes look set to come on stream to cushion the housing shortfall through efforts by the conglomerate group in the coming year.

K Kanayo 3 min read

NewsJan 23, 2012

Ogun State Govt. Assures Residents of Affordable Housing

Amid the prospects of completing existing structures in some housing estates, Ogun authorities have urged residents to explore opportunities provided by state’s mortgage firm towards becoming home owners.

K Kanayo 2 min read

NewsJan 23, 2012

NCRIB Unveils Lagos ₦160m Headquarters Complex

Set to expand its reach and operational capacity, the Nigerian Corporation of Insurance Brokers (NCRIB) has said that it would work towards delivering ₦160m new headquarters’ office complex in Lagos this year.

K Kanayo 2 min read

NewsJan 23, 2012

Housing Pros Predict Rise in Property Prices, Gloomy 2012

With all economic parameters indicating a slowdown and large preponderance of government’s recurrent expenditure, construction costs will go up and harden rentals in the housing industry. Similarly, the subsidy removal will trigger inflationary trend, which will impact negatively on house prices and rentals, making it impossible for many people to buy an apartment, according to the 2012 predictions of housing industry experts.

K Kanayo 5 min read

NewsJan 9, 2012

Fuel Subsidy Removal: Professionals Foresee Crisis in Construction Industry

As agitations continue to swell over the Federal Government’s policy that effected removal of petrol subsidy, the implications on the real estate and construction industry are coming to the front burner with professionals within that sector saying that the policy will further nosedive construction activities and invariably provision of affordable housing for all in the polity.

K Kanayo 14 min read
Lekki Master Plan - Roads, Utilities and Primary Infrastructure

GeneralJan 2, 2012

Lekki Master Plan - Roads, Utilities and Primary Infrastructure

The Lekki Sub-Region comprises a naturally formed peninsula on the Atlantic Ocean East of Lagos City and on Lagos Lagoon. The peninsula is approximately 70 to 80 km long, stretching from Victoria Island in the west to Refuge Island in the east, with an average width of 10 km.

K Kanayo 3 min read

NewsDec 13, 2011

COPEN Services Limited Commissions ₦777m Estates in Enugu

Nigeria’s built environment recorded a very significant stride in the quest to addressing the nation’s 16 million huge housing deficit as Enugu State based estate management firm COPEN Services Limited, last week commissioned and delivered 180 housing units at Goshen and Jubilee Estates, Ogui Nike Community in the state.

K Kanayo 3 min read

NewsDec 13, 2011

FirstBank offers mortgage for Shops at Tejuosho Shopping Complex in Yaba

Fresh moves have begun to motivate use of mortgage towards property ownership in the commerce and trade sector as FirstBank of Nigeria Plc last week offered mortgage facilities for individuals and corporate organisations to acquire shops in the ultra-modern Tejuosho Shopping Complex in Yaba, Lagos.

K Kanayo 4 min read

NewsDec 12, 2011

Lagos to Partner Artisans on Safer Building

Towards ensuring the reduction of incessant building collapse in Lagos State, the Ministry of Physical Planning and Urban Development is seeking a collaboration with the artisans, under the aegis of the Association of Building Artisans of Nigeria (ASBAN) to provide safer building.

K Kanayo 3 min read