“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 ...
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Nigeria’s real estate to learn from Dubai’s real estate sector global appeal
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 ...
Read More »Investors holding back on the Nigerian property market despite opportunities
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 ...
Read More »Invest in Nigeria now or miss out in 10 years, Osinbajo says
“Acting President Yemi Osinbajo on Monday said investors who need to Invest in Nigeria must seize the opportunity now to avoid regrets in 10 years when Nigeria becomes sixth or seventh largest country in the world.” Business Day Osinbajo stated this on Monday when addressed the meeting of delegates from the Nigerian Initiative for Economic Development, NEID, United States, at the Banquet Hall of the Presidential ...
Read More »How To Make Huge Profits From Selling Undervalued Homes
Figuratively, smart real estate investors have in the past turned anthills or even dunghills to massive real estate investments that ensures the unborn generation will never go hungry. This article explains how you can make huge profits from selling undervalued homes. The best possible scenario for a real estate investor is to find undervalued homes to be able to then ...
Read More »Research shows Nigeria performing poorly in Africa investment
“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 ...
Read More »Lekki Free Zone: Lagos urges investors to invest
According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...
Read More »Stakeholders proffer practical road map to bridge housing deficits in Nigeria
“CHALLENGES of housing in terms of quality and quantity appear to be the same all over the world, but in Nigeria, it is a complex case. Hardly would any event organised by professional bodies in the built environment pass without touching issue of paucity of housing delivery in Nigerian, yet, not much has been achieved.”-Nigerian Tribune But recently, at different ...
Read More »Governor terminates contract for construction of 4th mainland bridge
“Governor Akinwunmi Ambode has terminated the contract for the construction of the 4th mainland bridge. According to reports, a Memorandum of Understanding (MOU) was signed with a consortium of companies on May 25, 2016. The Lagos state government said the contract was terminated because the concessionaire was working at a slow pace. Speaking at a ministerial briefing at Alausa, Ikeja, ...
Read More »Investors beholding red signals for UAC Property, Nigerian Breweries
Vanguard reports that investors may be bracing up for another scorch-earth returns terrain in equities as companies begin to sound another round of profit warnings for full year 2016 results more of which are expected to be coming out from this week. UAC Property Development Company Plc, UPDC, fired the first salvo last Thursday when it announced it was expecting ...
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