Estate agent, 35, arraigned for alleged cheating

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A 35-year-old estate agent, Olowude Akeem, on Friday appeared in a Kubwa Senior Magistrates’ Court for alleged cheating. The Police Prosecutor, Mr Igonor Ocholi, told the court that the case was reported to the Kubwa police station on Jan. 15 by Ifeanyi Tobi.

“Tobi, a resident of No.2, Billing way, Oregun, Lagos, told the police that the accused, resident in Gado Nasko Road, Kubwa offered him a one-room self-contained apartment in Kubwa at N270,000 per annum.

“After collecting the money, the accused failed to remit same to the landlord,” Ocholi alleged. He said that failure of the accused to remit the money made it impossible for Tobi to occupy the room.

Gov Fashola Commissions Emeka Anyaoku Housing Estate in Ikeja

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Lagos State Governor Babatunde Fashola, yesterday April 9th, commissioned the newly-constructed Ikeja Millemium Housing Estate, which he named after former Secretary-General of the Commonwealth, Chief Emeka Anyaoku.

Fashola said he named the 76-unit four-bedroom duplexes located on Muiz Banire Street, GRA Ikeja, after Anyaoku because the former Commonwealth Secretary General had contributed tremendously to the development of Lagos State. Find another photo after the break..

Passion drives real estate business – Practitioners

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Real estate attracts hundreds of new entrepreneurs every year, each with the hope of making it big but the practitioners say only those with passion for the profession do well in it, writes MAUREEN AZUH

One of the most common business ventures in the world today is real estate agency. Every other year, the sector records a high number of new entrants.

From those who are into it on full-time basis to others who choose it as an additional source of income, real estate has taken a new dimension, with people leaving their white collar jobs for the business. But how profitable is real estate business?

FMBN To Inaugurate The Construction Of 4000 Housing Estate In Bwari

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Mr Gimba Yau-Kumo, the Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), has restated the government’s commitment to curbing the challenges of housing deficit in the country.
The FMBN will on Tuesday in Usafa, Bwari Area Council of the FCT, launch the construction of an estate known as ``Sen Bala Mohammed Housing Estate”.

Lagos To Demolish 20 Houses At Jakande Estate

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The Lagos State Government has marked more than 20 houses for demolition at Jakande Estate, Oke-Afa, near Isolo, Lagos following the death of two sisters when a two-storey building collapsed in the estate on Wednesday. When we visited the estate this morning, officials of the Lagos State Building Control Agency, LSBCA, were busy marking the defective buildings in the estate for demolition.