Gunmen invade Abuja village, kidnap 13, demand N900m ransom
Gunmen on Sunday night invaded Piko, a remote community in Bwari Area Council of the nation’s capital, Abuja, allegedly kidnapping 13 persons. The operation which reportedly lasted for an hour without any challenge, is the latest attack on the Council. A community source
Land Dispute: Fred Ajudua Released on Bail, Denies Fraud Allegations
Fred Ajudua, a well-known city socialite, has been released on bail after being arrested by the police last Wednesday. His lawyer, Lekan Ojo, confirmed his release, stating that Ajudua was released to him and Senator Ned Nwoko on Saturday evening. Ojo expressed frustration
A highlight of Kenya’s Affordable Housing Act, 2024
Recently, His Excellency Dr. William Samoei Ruto, the President of Kenya, assented to the Affordable Housing Bill 2023 on 19th March 2024. The Affordable Housing Act, Act No. 2 of 2024, (the Act) establishes a framework aimed at facilitating the development and accessibility
President Tinubu Set to Perform Groundbreaking of Abuja Airport Garden City
In a bid to align with the ‘Renewed Hope’ Agenda championed by President Bola Tinubu, real estate firm First Rotech Group of Companies Ltd has unveiled plans for the groundbreaking of the multi-billion Naira Abuja Airport Garden City. Chairman of First Rotech Group,
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HDAN Calls for Synergy Among FCT Departments to End Land Grabbing
The Housing Development Advocacy Network (HDAN) has called for synergy among departments within the Federal Capital Territory Administration (FCTA) to bring an end to land grabbing activities. In a statement released on Thursday in Abuja, the Executive Director of HDAN, Festus Adebayo, emphasized
Environmental Experts Mull Green Affordable Housing Finance
The Kenya Green Building Society (KGBS) in partnership with Reall organised East Africa’s Inaugural Sustainable and Affordable Housing Workshop centred on unlocking Green Affordable Housing Finance. The exclusive workshop, “A Call to Action: Unlocking Financing Opportunities for green affordable housing for the Kenyan Market” was
Hong Kong Abolishes Property Curbs in Bid to Revive Housing Sector, Economy
In efforts to revive Hong Kong’s flagging housing market and broader economy, Financial Secretary Paul Chan announced in the annual budget address on Wednesday, February 28, 2024, that the government will scrap all property cooling measures, including additional stamp duties for foreign and
NeGSt-TAS Technologies and ERCAAN Forge Alliance to Digitize Real Estate Sector
In a landmark move toward modernizing Nigeria’s real estate industry, NeGSt-TAS Technologies Ltd proudly announces a strategic partnership with the Estate Rent & Commission Agents Association of Nigeria (ERCAAN). The collaboration aims to pioneer the digitization of real estate practices, introducing a Digital
Six Dead as Two-Storey Building Collapses at Odu-Igbo Market
A grim scene unfolded at the Odu-Igbo Market in Onitsha, Anambra State, as a two-storey building collapsed, claiming the lives of at least six people. The incident, which occurred on Monday evening, sent shockwaves through the bustling commercial city. The building, still under