Nigeria’s real estate industry may not perform well in this current year, if the nation’s fiscal policy and the present regime of naira devaluation persist, professionals within the built environment have said, predicting low activities of the market in 2015. This is coming at a time the Central Bank of Nigeria (CBN) says it is working to beef up the ...
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The battle between Dangote Cement and Lafarge
Undoubtedly, the most talked about issue in the built environment in 2014 is cement, with much made of its contribution to building collapse, pricing and the uneasy relationship among the big players in the industry. The ‘war’ has taken many dimensions, with price being used as one of the weapons most commonly deployed. The biggest player in the industry, Dangote ...
Read More »Buying Property: Private Lender Approach II
Last time, I shared the private lender’s approach and gave an example. In order to broaden more on this approach i will use this medium to share another example. It is my hope that a lot of us will learn how to use this approach to our advantage. In this second example, I used private lender with another method. This ...
Read More »Buyers in outrage as Dangote Cement sells for N1,745
Distributors and developers have accused the management of Dangote Cement Plc of silently increasing the price of its product to N1,745 per a 50kg bag instead of the N1,000 that it announced early last month. Although the firm did not formally announce any increase in price, our correspondent gathered that it sent out text messages to its distributors on Monday, ...
Read More »International Cooperatives Day
Cooperatives, like any financial institution, have become very organized and systematic in carrying out their functions. Although some might not find their system of operations appealing, ironically, most people explore cooperative societies for their financial needs because of the ease of operations and lack of lengthy and bureaucratic processes characteristic of banks and micro-finance institutions. In fact, these societies have ...
Read More »The Business of financing Cooperative Societies: GENERATING FUNDS
The ability of any business to grow financially is dependent on how much income it generates, not to mention that the income must far exceed its expenses. For Cooperative Societies, the trend is the same. Like any institution, they require money for their operations and this money is gotten from different sources that are approved by the laws and bye-laws ...
Read More »FHA to partner with Abuja traders to provide 5,000 Housing units
In a bid to provide housing for the informal sector, the Federal Housing Authority (FHA) last week entered into a partnership with traders in Abuja for the delivering of 5,000 housing units in the Federal Capital Territory (FCT). Under the scheme with the National Association of Nigerian Traders, the first phase will start in the site for the proposed FHA ...
Read More »Happy Independence Anniversary Nigeria
The really important kind of freedom involves attention, awareness, discipline, and effort. Look around and within, are you comfortable with where you are, with your habitat, with your current status? Make a decision today…to take a leap towards freedom. You can be better, you can be bigger, you can soar. You can SACK YOUR LANDLORD. Happy Independence Anniversary. Realty Point ...
Read More »N3.2Trn to be generated from Abuja Land Swap Investment – FCT Minister
The Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed has disclosed that with the successful implementation of the on-going Abuja Land Swap Initiative, over N3.2 trillion secondary investment is expected to be generated for the Federal Capital Territory. Speaking while receiving the National Executive Committee of the Nigerian Society of Engineers (NSE), led by its President, Ademola ...
Read More »The ‘Magic’ In Real Estate
Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...
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