2015 NIGERIA REAL ESTATE REPORT & FORECAST FOR 2016 It’s no longer news that Real Estate is one of the fastest growing and most lucrative sectors in Africa and anywhere else in the world. It currently contributes up to 8% of Nigeria’s GDP, and looks to expand in the coming years. How well did the real estate sector fare in ...
Read More »Yearly Archives: 2016
Why You Shouldn’t Worry Over Your Real Estate Investment
Your real estate investment could possibly the best investment of your life, so anything that affects it negatively will definitely affect you in many ways. This article allays the fear that comes with an expected market fall or economic depression. There are times when the growth of the real estate industry has drawn the nervous energy of the local and ...
Read More »Where Do You Consider As The Best Place To Live?
Where’s the best place to live? That depends on what’s important to you. Location is of paramount concern for most people when choosing a new home. That’s why it’s crucial to have accurate facts and specifics about places and new communities so you can make an informed decision. This article looks at least 6 factors the average Nigerian should consider ...
Read More »15th Lagos Housing Fair Begins April 25
The 15th Lagos Housing Fair (LHF) begins on April 25. The Vice Chairman of the LHF Committee, Mr. Moses Ogunleye, told reporters that attention would to be paid to the values and benefits in the production, application and promotion of indigenous materials of all types. He observed that at this stage of the country’s development, Nigeria should be a global ...
Read More »Vantage Capital Provides $20m Funding Expansion For Nigerian Property Development
Vantage Capital, Africa’s largest mezzanine fund manager, announced yesterday that it has provided $20 million (R294 million) of funding to Landmark Africa, one of Nigeria’s leading property developers. Landmark has developed or managed over 130,000 m2 of prime real estate across the continent. The real estate company is headquartered in Lagos, with offices in several countries including South Africa and ...
Read More »Landlady Sets Tenant’s Apartment Ablaze To Eject Him
One Mrs Nike Azeez who is a landlady in the Ijegun community of Lagos state, has been accused for setting the home of one of her tenants, Adeleke Shakiru on fire just to eject him from her compound. The incident happened on Tuesday April 12th. According to PM News, Nike and Shakiru have been at loggerheads over the use of ...
Read More »Ajasa-Command Road To Be Completed In Five Weeks- Ambode
Lagos State Governor, Mr. Akinwunmi Ambode has said the Ajasa-Command Road in Agbado Oke-Odo Local Council Development Area (LCDA) area of the State would be completed in the next five weeks, just as he assured that the Abesan Estate link road connecting Aboru from Agbelekale would equally be completed before the end of the year. Governor Ambode, who gave ...
Read More »Oga Martins & His Kettle Of Fishes – Episode 2
Though it was raining and pouring down ceaselessly, Martins and Aisha were unaware as they continued their argument into the night. Aisha had stopped Martins from answering Runo’s calls yet again and the issue was really getting out of hand. Aisha had finally answered the call but that made matters even worse. Aisha had rained insults on Runo with no ...
Read More »FMBN To Develop Biometric Data For NHF Contributors
The Acting Managing director of Federal Mortgage Bank of Nigeria (FMBN ), Mr. Richard Esin has revealed that the bank would develop a biometric data for National Housing Fund (NHF) contributors. This he said was to enable contributors access their funds upon retirement from service without applying for refund adding that the bank would redesign the NHF scheme without violating ...
Read More »Dangote Signs $2bn Chinese Bank Loan For Two Cement Plants
Dangote Group, owned by Africa’s richest man, Aliko Dangote, has signed a deal for a $2 billion loan from the Industrial Commercial Bank of China Limited for two cement plants. After securing the deal, Mr. Dangote told Reuters that “the interest rate is okay, quite favorable with me”. “It’s for my two cement companies that we are establishing in Nigeria.” ...
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