Tag: Estates
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Just In: UK govt. announces names of dead Nigerians with unclaimed estates, searches for relatives
The UK government has released a list of unclaimed estates belonging to individuals from different countries who died in the UK, including 58 Nigerians. These estates have been listed as “Bona Vacantia,” meaning they have been
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Residents’ Insurgency In Estates Gets A New Lease, By Azu Ishiekwene
Azu Ishiekwene The ruling of a Lagos High Court last week that residents in estates cannot be forced to pay levies and dues set off a frenzy of conversation especially among middle class residents who for years think they have been unfairly exploited by association managers. Interestingly, it was a private company, Megawatts Nigeria…
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Tupac, Tom Petty estates among group suing Universal over fire
Estates of rapper Tupac Shakur and rocker Tom Petty are among a group seeking at least $100 million in damages from Universal Music Group after revelations that a 2008 fire allegedly torched precious master recordings. The class action lawsuit filed just before the weekend is the first legal action lobbed at UMG since The New…
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ICPC raises alarm over increasing number of abandoned multi-billion naira estates in Abuja
The Independent Corrupt Practices and other Related Offences Commission (ICPC) has raised alarm over the rate owners of multi-billion naira housing estates in Abuja abandon their property the moment the commission initiates investigation into their ownership status. Its Chairman, Prof. Bolaji Owasanoye, who stated this in Abuja on Monday, said the development has become a…