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Unstable Naira: Clients opt for dollar in property transactions

ARE you looking for land or property to buy, lease or rent in Ikoyi, Victoria Island or similar highbrow neighbourhoods in the country? What currency do you have for the transaction? If you have the local currency (Naira), you had better change the money to the US Dollar, Pounds Sterling or Euro because most property transactions in these areas are now carried out with the more stable foreign currencies.

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US based firm showcases modular building system

Messrs StRUCtURA CASA Int LLC, a company owned by a Nigerian architect resident in the United States, last week in Lagos unveiled plans to build Legacy Estate in Ibadan, the Oyo State capital, using the modular system of building construction. As a forerunner to the project, the company will soon flag off the construction of a prototype estate using the same construction method at New Bodija in the Oyo State capital.

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