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Airbnb defies growing global restrictions, rolls out expanded app
United States-based online marketplace for short and long-term accommodation, experiences and services in various countries and regions, Airbnb has launched an expanded app that now includes provisions for boutique hotels, grocery delivery, car rentals, and others. According to Airbnb, Friday,…
Africa, Asia lead global housing shortage as urban slum population surges, UN Warns
Frank Okon Africa and Asia are at the center of the global housing crisis as rapid urbanization, rising inequality, and the growing expansion of slums continue to outpace infrastructure and housing development, the United Nations has warned. According to UN…
Transocean Coatings locates unit in Snake Island Integrated Free Zone
Sopuruchi Onwuka Promoters of the Snake Island Integrated Free Zone (SIIFZ), Nigerdock, have attracted another high profile company into the facility, welcoming Transocean Coatings FZE, an affiliate of Transocean Coatings Nigeria Limited. Chief Marketing Officer, Mr Kevin Johnson-Azuara, declared in…
FG’s N1 trn mortgage capital to close urban housing gaps
Sopuruchi Onwuka The moves by the federal government to raise a trillion Naira in capital for the construction industry is conceived revive mortgage banking and arrest the worsening housing crises that beset urban dwellers in the country. Finance Minister, Wale…
NASA claims China’s dam can slow Earth rotation and make days longer
As India raises concerns over new hydropower dam in Tibet NASA has claimed that China’s Three Gorges Dam could slightly slow the Earth’s rotation and extend the length of days. The revelation came India says it has conveyed concerns to…
SIIFZ hosts NEPZA delegation; pledges economic infrastructure development
Sopuruchi Onwuka Snake Island Integrated Free Zone (“SIIFZ”) reaffirmed its commitment to Nigeria’s economic advancement during a familiarisation tour of the country’s free trade zones by the MD/CEO of the Nigeria Export Processing Zones Authority (NEPZA). Speaking during the tour,…
Snake Island Port to earn FG N3.6 trn revenue
Sopuruchi Onwuka The development and expansion of the Snake Island Port in Lagos State generate over $5.2 billion or N3.6 trillion in revenues for the government of Nigeria under a project outline that commands princely $1.85 billon private investment. The…
Nigerdock to invest N700 bn in Snake Island Port
Sopuruchi Onwuka Nigeria’s leading maritime and logistics company operating an integrated port and free zone in Lagos, Nigerdock, is working out detail of fresh investment that would transform the Snake Island into a robust quayside. The new wharfs would provide…
TEHC unveils Louisville smart housing at Eko Atlantic
TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC), is set to unveil Louisville, a future-focused housing development located at the Eko Atlantic City in Lagos. Louisville is a mixed-use development comprising 300 residential homes spread between two towers. Louisville has…
UPDC examines housing development imperatives at 25th Anniversary
UPDC Plc, Nigeria’s foremost property development, management and investment company, has explored pathways to solving the various challenges and maximizing opportunities being created in Nigeria’s booming but volatile real estate sector at a summit to mark its 25th Anniversary. Tagged,…
