Tag Archives: Investors

Industry expert– One major thing the Federal Government needs to tackle urgently is developing the real estate sector, which has not shown any sign of recovery from recession going by the number of abandoned projects dotting the landscape. As investors are beginning to show confidence in the Nigerian economy due to the government’s intervention in forex, rebound in the capital ...

Lagos – If the latest rapprochement between Nigerian developers, Homework Development and Property Limited and some foreign investors is anything to go by, the nation’s construction industry will soon receive a significant boost. The lift int he nation’s construction industry, INDEPENDENT learnt, may either be in enhanced direct foreign investment or through third party. This came to the fore recently ...

From ₦1 million five years ago, price of a plot of land in Ibeju-Lekki, Lagos has soared to ₦6 million, representing 500 per cent increase, correspondent has learnt. It was also gathered that the land’s price per plot might soar to ₦8 million before the end of the year due to increased demand by investors and home seekers, who are ...

Abuja – A group, the African Union Economic, Social and Cultural Council {AU ECOSOCC} said it has developed a road map to engage and attract Nigerians and investors in the Diaspora for socio-economic development of the country. Addressing newsmen at the weekend in Abuja, Mrs. Chinwe Maduike, an International Consultant / Special Adviser on Investment, Diaspora and Development Partners to AU ECOSOCC ...

The Nigeria Sovereign Investment Authority on Wednesday said it was planning to invest massively in the Nigerian Infrastructure Debt Fund being managed by Chapel Hill Denham Nigeria. The NSIA said this in a statement issued in Abuja and signed by its Communications Adviser, Mr. Titilope Olubiyi. It, however, did not disclose the amount to be invested, but added that the ...

A traditional ruler has commended Gov. Akinwunmi Ambode of Lagos State for providing modern infrastructure to the people of Eredo, Ikosi-Ejirin and Epe area of the state. Oba Babatunde Ogunlaja, the Aladeshonyin of Odo-Noforija Kingdom in Eredo Local Council Development Area told the News Agency of Nigeria (NAN) that this would accelerate development in the area. “We appreciate him for ...

The Chief Executive Officer of real estate investment firm, Broll Nigeria, Mr. Bolaji Edu, says real estate is a viable industry for economic diversification. At the recently held West African Property Investment Summit 2017 in Lagos, where Broll was the platinum sponsor, Edu said Nigeria had heightened investment potential among the comity of nations as the real estate industry was ...

“Operators in the real estate sector have advised business minded Nigerians to extend their investment tentacles to the development of the industry as it is more lucrative to invest in the real estate business.”- The Tide Speaking to newsmen, a real estate consultant, Dr Michael Jaja said that the nature of real estate investment makes it difficult to state with ...

The quest for diversification of the economy and attract foreign investment in Nigeria’s real estate is set for a boost with promoters of The Oceanna unveiling investment options for part-ownership, similar to what earned the Dubai real estate sector global appeal – The Nation The Group Managing Director, Palton Morgan Holdings, Adeyinka Adesope, said the hotel segment of the iconic project ...

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 ...