Business

This is the best investment you can make for your kids! You may wonder why I am asserting this, but I want you to patiently follow as I reveal some salient facts to you. By virtue of my job, I usually have the opportunity of talking with elderly folks who seems to have always invested. I know of one who ...

A recent BBC Africa Debate saw a number of Ghanaian entrepreneurs, leaders and members of the public discuss the definition of the middle class in the country. How do you define an African Middle Class? According to the African Development Bank (AfDB), 46% of Ghanaians are now classified as middle class compared to a continent-wide average of 34.3%. The debate, ...

There is something called Social Due Diligence, you have to learn how to do it. Please learn from my story of how I almost lost out in a real estate scam. In this organisation, I was having about 38 staff strength. I was having branch offices, everything was going fine until we stumbled into a business with one of our ...

Notwithstanding the uncertainties in the direction of the Nigerian economy, fresh investments are still taking place in the real estate sector through which investors have shown uncommon confidence in the country. The size of the Nigerian market is a frequently cited reason for the investor-interest and confidence, but in spite of the huge opportunity in the residential segment of the ...

Dangote Cement Plc has revealed its plans to expand the output from its Douala, Cameroon plant from the current 1.5 million metric tonnes per annum to three million metric tonnes by investing in a similar plant in Yaoundé. This is according to a report from PUNCH news. The President, Dangote Group, Alhaji Aliko Dangote, stated this during a recent visit ...

When you think about the most expensive offices space in the world, cities like New York and London,with their reputations as global financial centers, spring to mind. However, when it comes to pricing, Lagos, the commercial capital of Africa’s largest economy has managed to find a comfortable spot among them. Dolapo Omidire of Quartz.com examines how Lagos has arrived at ...

Property tax can be defined as a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. This is in contrast to a rent ...

In what has become a new trend in the nation since the devaluation of Naira, landlords and schools in various parts of the country have been demanding payment in dollars. And now, The Central Bank of Nigeria has frowned at the growing practice of trading goods and services in foreign currencies instead of the Naira in Nigeria. The Bank’s governor, ...

Absorption rate is the number of months it would take to sell the currently listed homes in the market. That is a simple definition, and the math is for the most part. However, it’s an important concept, and it’s used by a great many real estate related businesses to attempt to predict home prices and sales activity going forward. The ...

You might be intrigued why Hollywood real estate is a good investment. Although they are usually priced steep, the returns are still on the positive side. Here are the reasons why you may consider investing in Hollywood properties: 1. Prime Location Property with High Returns It sells because it’s Hollywood! A prime real estate property to begin with, it sells ...