Tag Archives: investment

Low tax revenues, huge obligatory spending and higher local currency debt amounting to 350 per cent have been adduced among reasons Nigeria has low investment in infrastructure development. Decrying the situation, renowned Chartered Accountant and current Chairman of the Lagos State Economic Advisory Committee Mr. Bode Agusto, pointed out that years ended 2016, Nigeria only invested 2.1 per cent of ...

The federal government has said that its newly launched Economic Recovery Growth Plan (ERGP), focus lab would help the country attract $24 billion worth of investments in few years, saying 80 per cent of the amount is expected to come from the private sector of the economy. Vice President, Professor Yemi Osinbajo disclosed this on Thursday in Agbara, Ogun State ...

Nigerian underwriters have continued to experience a boom in real estate investment in industry increased by N5 billion from N98.11 billion to N103.51 billion within a period of one year. According to the balance sheets prepared by the regulator, National Insurance Commission (NAICOM), five underwriting firms failed to pick interest in the blossoming real estate sector, while Mutual Benefits Assurance ...

Despite the huge opportunities and market potential, investors are still holding back on investment in the Nigerian property market. Analysts cited the slowdown in the economy and the significant decline in consumer purchasing power as a major concern. They believed that investment in the market, has also been impacted heavily by government’s anti-corruption fight which has been enhanced by the ...

“Although, Magodo, one of the highbrow estates in Lagos has recently been making headlines for the wrong reasons, property experts and developers believe the location is fast becoming a destination of choice for investors and renters.”- The Guardian The high demand for property and renters within the estate, they said, was indicative that the estate is inhabited by upward mobile individuals, ...

Though real estate investment can be highly profitable, it can as well be tricky and quite complex. In this article, we would take a look at common mistakes of a real estate investor in an attempt to break the banks. Even in our present recession people are still investing in real estate, foreclosure crisis persists and mistakes are still being ...

Business Day reports that the Federal Government yesterday, took a bold step to boost investment into the economy by enlisting 27 industries, to enjoy the new Pioneer Status Incentive (PSI). Pioneer Status Incentive is designed to reduce the cost of doing business in Nigeria by providing corporate income tax relief to qualifying companies making investments in industries designated as ‘Pioneer’. ...

“A new research released by Quantum Global Research Lab has shown that Nigeria requires extra effort to regain position as a leading investment destination in Africa. The research, which measured the Africa Investment Index (AII), to guide investors on the countries that are most attractive for investment in the short and medium term, rated Botswana, Morocco, Egypt, and South Africa ...

“The Chairman of Chemical and Allied Products, CAP, Plc, Mr. Larry Ettah, has said that the plan by the Federal Government to roll out N1 trillion real estate fund as part of efforts to develop the infrastructure base of the nation will trigger investment opportunities in the industrial goods sector of the economy.”- VANGUARD Ettah who stated this at the ...

Anyone can buy a property but not everyone can buy the right property and worse still, some persons buy the right property but end up with the wrong kind of tenants. In this article we take a critical look at the top 7 tips to finding a tenant. You will be making one of the biggest investment decisions of your ...