Krent Updates

Landmark Group’s Title Challenged by Minister, Compensation Begins for Others

The Minister of Works, David Umahi, has questioned Landmark Group’s title, claiming that the shoreline never belonged to the property company. MInister of Works- David Umahi He questioned Landmark Group’s title at a stakeholder meeting on compensation payments to property owners affected by the Lagos-Calabar Coastal Highway project in Lagos on Wednesday. He stated, ”The […]

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shared apartments-Studio apartments

What you Need to Know About Shared Apartments in Lagos

There’s a popular saying that goes, “Sharing is caring.” But is this notion applicable when it comes to the act of sharing your living space? Owning a home is a dream that many people share. Nevertheless, it’s important to acknowledge that not everyone can do it alone. Perhaps you’ve noticed the soaring rental prices, or

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Are Shipping Containers the Solution to Ghana’s Housing Crisis?

In the midst of Ghana’s growing housing problem, Eric Kwaku Gyimah is leading a pioneering effort to convert shipping containers into affordable, eco-friendly homes. Eco-friendly homes made from shipping containers Gyimah’s company, IWoodz Creation, doesn’t just make homes but also constructs shops, offices, and cafes using retired shipping containers. Ghana’s Statistical Service reports that out

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Shortlets in Lagos. Studio apartment. Studio apartment in Lagos state

What you need to know about studio apartments in Lagos

Studio apartments are often mistaken for simply smaller one-bedroom apartments. However, a studio apartment offers a unique living experience that goes beyond just square footage. This comprehensive guide talks about everything you need to know about studio apartments in Lagos or Nigeria.  What is a studio apartment? At its core, a studio apartment is a

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Lagos grants building owners 3-month grace period for planning permits

The Lagos State Government is offering a three-month chance for building owners to get planning permits without penalties.  Mr. Oluwole Sotire, the Permanent Secretary of the Office of Physical Planning, made this announcement through a statement by Mr. Mukaila Sanusi, the Deputy Director of Public Affairs. From May 2 to July 30, 2024, owners of

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Experts Stress Need for FMBN Fund Boost

Experts in the construction industry have stressed that it’s high time the Federal Mortgage Bank of Nigeria got a financial boost. Toye Eniola, the Executive Secretary of the Association of Housing Corporations of Nigeria, shared in an interview with The PUNCH that given the current economic situation, beefing up FMBN’s funds was inevitable. Eniola explained,

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Lagos State Terminates Kantagua Market Construction Deal

The Lagos State Government has terminated its contract with Bridgeway Global Project Limited for the construction of Kantagua Market. Dr. Olajide Babatunde, the Special Adviser to the Governor on e-GIS and Urban Development, disclosed this during an inspection of the site designated for the relocation of Ikeja Computer Village as part of the state’s urban

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Reasons to rent a shortlet in Lagos

5 Reasons Why You Should Rent a Short-Let Apartment in Lagos, Nigeria

Short-lets have become increasingly popular for a variety of reasons. For people who frequently find themselves on the move for work or short-term projects, finding suitable accommodation for their brief stays can be a top priority.  You could be visiting family for a while and need somewhere to stay. Additionally, it could be as simple

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Housing Minister charges board on the need for transparency

The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged the newly inaugurated board of Quantity Surveyors Registration Board of Nigeria to promote integrity, honesty, transparency, and fairness in the course of performing their professional duties. Dangiwa gave the charge during the formal inauguration of the 10th constituted Board of the Quantity Surveyors Registration

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houses in Lagos-budget-friendly housing in Lagos

Lack of Research Hinders Access to Affordable Homes

Mr. Femi Oyedele, a seasoned professional in the built environment sector, has highlighted the failure to incorporate research and development (R&D) findings into road and building construction as a major obstacle to achieving affordable housing in Nigeria. Oyedele underscores that this oversight has discouraged further exploration into innovative construction materials and methods. Despite Nigeria’s staggering

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