The annual West African Property Investment (WAPI) Summit, the region’s most prominent and largest real estate investment and development conference will once again take place in Lagos on 15 & 16 November 2018 at the Eko Hotel and Suites. According to the summit’s host, API Events’ Kfir Rusin, this year’s theme: RE-Calibrating Supply and Demand for Sustainable Growth is a ...
Read More »Tag Archives: investment
IBEDC has invested 15.5bn on infrastructure so far
Ibadan Electricity Distribution Company (IBEDC) said it has invested over N15.5 billion in major capital projects for the upgrading of infrastructural facilities in the last six months. The company’s Managing Director, John Donnachie, who said this at the weekend, added that the investment covered supply of 10,000 Distribution Transformer (DT) meters at N4bn. The meters, according to him, would greatly ...
Read More »Edmark group unveils 5billion naira to invest in real estate
Edmark group of companies, a multinational, has unveiled its state of the art international event center in Lagos, just as it announced its venture into real estate business in Nigeria. It also revealed that its second project is currently under construction in Lekki, Eti Osa Local Government Area of the state, to mark the flag-off the project. The inauguration of ...
Read More »Estate Developers halting construction activities as 2019 Elections draws near
According to an online report, real estate developers in Nigeria have begun halting construction activities as anxiety and uncertainly about the coming 2019 general elections continues to build. Although, the Nigerian real estate market has been less influenced by political-spending but more by the general economic standing of the country and people, the recent incident where an incumbent governor was ...
Read More »AfDB projects $3tr for Nigeria’s infrastructure financing by 2044
The African Development Bank (AfDB) on Tuesday pledged to work with multilateral institutions and private sector operators to assist Nigeria bridge the infrastructure gap in the country. Nigeria’s cumulative infrastructure financing estimated at about $100 billion annually are projected to reach $3 trillion by 2044. The Senior Director, AfDB Nigeria, Ebrima Faal, said during the Africa Investment Forum (AIF) Roadshow ...
Read More »Investment Co-op, BERSAMA Calls for Partnership With Real Estate Entrepreneurs Across Nigeria
BERSAMA, an emerging investment co-op in Nigeria is calling for Partnership with Real Estate Entrepreneurs across Nigeria. The BERSAMA Multipurpose Cooperative Society is recruiting partner organizations and enterprises to work together in a bid to expand to more states in Nigeria. We seek leaders who can champion the BERSAMA movement across 16 cities of the Nigerian federation. Are you self ...
Read More »How I built my house with N20,000 monthly savings – Abiodun Lawanson
This is the story of a man who built his house from scratch to finish with just N20,000 naira monthly savings. He joined a cooperative which comprises of 50 persons and they all contributed 20,000 naira for a five-year investment. How many of our youths today will think of investing money as small as 20,000 naira? I bet they will ...
Read More »REPORT: Analysis Of Real Estate Market contribution to Nigeria’s GDP in Q1, 2018
This article is a brief but detailed analysis of real estate market in Nigeria and how it contributed to GDP based on the report of Nigeria Bureau of Statistics (NBS) report. It is unarguable that the Real Estate market offers a great potential source of growth for Nigeria’s GDP. The real estate industry has been repeatedly touted as an undoubted goldmine ...
Read More »Developers lament over sourcing of funds for investment in real estate
Developers– The momentum for housing finance support by mortgage banks, particularly in Abuja, appears to be shifting early to medium income and luxury homes, with the completion and kick-starting of new projects in the Federal Capital Territory (FCT). Over the years, the government had been the major player in the area of housing delivery in Nigeria, by providing direct finance ...
Read More »Why You Should Consider Reinvesting Some Of Your Real Estate Returns
It is only rational and logical that anyone who makes an investment of whatever form expects at least some measure of returns (profit) on his investments. The importance of profits to you or any investor can never be overemphasized. It is needed to cater for your bills, keep the lights on, put food to put on the table or medicine ...
Read More »