REAL ESTATE NEWS
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Lagos Cancels 2018 Land Use Charge
This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According to him, the government reverted…
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Landlords Don’t Need to Increase Rent, Says FIRS
The Federal Inland Revenue Service (FIRS) has explained that there is no basis for landlords to embark on rent increment in relation…
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FG Moves to Recover 149 Illegally Occupied Properties
There is palpable fear as the federal government has commenced the process of recovering about 149 of its properties that…
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Lagos to Impose Building Insurance on Properties Above 2 Floors
The Lagos State Government has announced plans to introduce building insurance for properties that have more than two floors. The…
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6% Stamp Duty To Be Remitted To FIRS By Property Owners, & Agents
The Federal Inland Revenue Service (FIRS) has ordered all property owners and their agents to charge 6% Stamp Duty on…
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NEC Approves 300,000 Housing Units For States
The National Economic Council (NEC) in a virtual meeting presided over by the Vice President, Yemi Osinbajo, on Thursday at…
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Ekiti State Government to Build 50,000 Housing Units
The Ekiti state government says it has secured a partnership with the United Nations Office for Project Services (UNOPS) and…
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Buy A Property, Pay In 48 Months Without a Mortgage In 2020
Statistics shows that 70% of Lagosians are willing to rent rather than buy a property. Why is that so? Is…
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Lagos State Government Reduces Land Use Charge
Yesterday, the Lagos State Government has announced strategies adopted by the state to keep its finances intact and optimize the…
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Sanwo-Olu Lifts New 264 Housing Units
The Lagos State Government has increased its housing stocks with the commissioning of Courtland Luxury Villas and Ikate Elegushi Lekki…
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Lagos State Government Warns Developers Against Road Cutting and Encroachment
Lagos State Government has said it will sanction property developers and state officials who undermine the state’s planning approvals and…
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Top 4 Cheapest Places to Live in Abuja (UPDATED)
An apartment in Abuja? No, It’s too expensive. How can I afford it? This is the response of many Nigerians…
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