MESSRS Airtel Networks Limited has lost a legal battle to forbid representatives of administratrix and administrators of late Dominic Sosu over their right to take possession of a choice landed property, located at 2/4 Abebe Village Road, Iganmu, Lagos, a Court of Appeal, Lagos Judicial Division, has ruled. Airtel Networks had appealed to the co...

Kudos, Knocks Trail Proposed Lagos New Tenancy Law

Published in News
Tuesday, 28 June 2011 18:23


As Lagosians await the assent of the controversial new tenancy law by Governor Raji Fashola to usher in a regime of rent control, divergent views have continued to becloud   the proposed document. While some said the law would further fuel corruption in the housing sub-sector, thereby creating more problems than proffering solution, ...
PIQUED by last week’s building collapse in Idumota, Lagos Island, where several people lost lives and property, Lagos authorities have unfolded new measures to stem the   tide. The measures announced by the state’s Ministry of Physical Planning and Urban Development includes the immediate take-off of the Lagos State Building Control Agency ...
It was a “rain of terror” Sunday as an all-day torrential rainfall literally submerged Lagos State, halting human and vehicular activities and forcing the state government to close   public schools as a pre-emptive against human disaster. It was even worse in Katsina State as seven persons, including a primary school pupil, were killed and 120 hou...

Fashola Signs Tenancy Bill Into Law

Published in News
Friday, 26 August 2011 08:04
Lagos — As controversy continues to trail the passage of Tenancy Bill, Governor Babatunde Fashola of Lagos State, yesterday, signed the Bill into law. The law is aimed at   regulating the relationship between the landlords and tenants in the state.  ...

Lagos Moves Against Structures On Waterways

Published in News
Monday, 29 August 2011 14:32
LAGOS State government is wrapping up plans to start demolishing structures along drainages, claiming they constitute environmental threat....

Lagos Approves More Low Cost Housing Schemes

Published in News
Monday, 17 October 2011 07:45
  PLANS by the Lagos authorities to tackle accommodation shortages and its attendant high cost of rent are in the offing, as the government has proposed the construction of   more low cost housing estates in the state.  ...

Lagos Warns of More Floods, Urges Clearing of Drainages

Published in News
Monday, 24 October 2011 17:26
STILL smarting from the devastating results of floods witnessed in Lagos State in July, residents within certain flood plain areas of Lagos have been warned of floods to come   in few days. ...

CBN Releases New Guidelines For Mortgage Operations

Published in News
Monday, 21 November 2011 12:23
Fixes December 31, 2012 as deadline for recapitalization of mortgage firms
Categorises PMBs minimum paid up capital: National -N5 billion, State –N2.5 billion...

FG Approves N1bn For 3rd Mainland Bridge

Published in News
Thursday, 24 November 2011 16:55
The Federal Government has earmarked N1.055 billion for the repairs of the 3rd Mainland Bridge, Phase II in Lagos....