Notwithstanding the uncertainties in the direction of the Nigerian economy, fresh investments are still taking place in the real estate sector through which investors have shown uncommon confidence in the country. The size of the Nigerian market is a frequently cited reason for the investor-interest and confidence, but in spite of the huge opportunity in the residential segment of the ...
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Tag Archives: Nigeria real estate sector
Real Estate sector in Nigeria to grow by 10% annually
Contrary to pre-veiling economic head-winds across sectors of the economy, experts project that the Nigerian real estate sector will experience a gradual growth. Adekunle Oyinloye, managing director, The Infrastructure Bank (TIB), says the real estate sector is projected to grow by 10 percent annually in the next 10 years. Oyinloye said this while delivering a paper on “The Infrastructure Banker’s ...
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