Tag Archives: investment

To invest can be difficult for people who are barely able to get by on their salaries, especially in a country like Nigeria with a high rate of inflation and a currency that is susceptible to devaluation. The typical Nigerian is struggling to make ends meet. In 2021, the national minimum pay for federal employees in Nigeria was set at ...

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth However, you need to make sure you are ready to start investing in real estate. For one, you will ...

In the real estate investing business, real estate investors need to be familiar with the term Escrow to make the most out of an investment. If this term is new to you, then keep reading! In this article we would discuss what escrow means, how it works, escrow accounts, their uses in the real estate business, what influences escrows, and ...

In the real estate industry, Nigeria is experiencing rapid urbanization, with an estimated annual national population growth rate of just over 2% and an annual urban population growth rate of about 4%. The population is becoming more and more focused to the urban areas, towns and cities with just under 50% of the population living in urban areas — and ...

Lifepage Group says it plans to build one million houses for different classes of Nigerians between now and 2041. The Managing Director, Lifepage Group, Mr. Oladipupo Clement, said it was part of efforts to bridge the country’s housing deficit. At the inauguration of the group’s ‘Million Homes’ initiative, he said the project and real estate crowdfunding platform would allow subscribers ...

President Muhammadu Buhari on Thursday told the German envoy that Nigeria looked forward to greater investments in infrastructure, especially power. Buhari, who spoke when he received Letter of Credence from the Ambassador of Germany, Birgitt Ory, at the State House, Abuja, said Nigerians ‘eagerly’ expected investments in the power sector that would illuminate their homes and stimulate businesses.  The president, ...

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. The easiest example for real estate is a mortgage, where you’re using your own money to leverage the purchase. In most cases, a 20% down ...

When you invest in residential real estate, you are getting more than a home or a piece of land upon which to build a home. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. Some people simply buy and ...

A child never forgets anything. Remi Adeleke, a US Navy SEAL, now 36 years old, goes down memory lane. He is one of the two sons of Adebayo Adeleke, the architect and engineer who was the original owner of Banana Island, Nigeria’s most expensive real estate. He remembers how the island was taken from his father and how the father ...

Manufacturers in the real sector have urged government across all levels to improve the quality of infrastructure in the industrial areas. The operators in a chat with our correspondent argued that the industrial sector depends heavily on constant power for production and good road network to facilitate logistics, stressing that all of these issues affect competitiveness of the real sector. ...