The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in the first half of 2018. According to the report, a total of $45.74 billion was invested for 42 projects in nine states and the Federal Capital Territory (FCT). The sectoral analysis of the investment profile showed that mining and quarrying ...
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Property Insurance: Why It Is Important To Insure Your Home In Nigeria
Owning a home with no property insurance can be likened a bit to driving a car without a seat belt in place. An accident could happen anytime. For most Nigerians, acquiring (or building home) is probably the biggest investment they will ever make. Becoming a landlord is the ultimate Nigerian dream. Everyone wants a piece of property to rightfully call ...
Read More »Real estate has contributed over US$4bn institutional capital –Ogundiran
With Nigeria ranking 145 out 190 countries in the World Bank Ease of Doing Business Index and acknowledged as one of the top 10 most improved economies in the world, real estate has attracted over US$4 billion of institutional capital according to 2018 statistics. The country has also moved up by 24 points from 169th position of 2017 to 145th ...
Read More »Property experts envision sustainable growth for Real Estate Sector
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 »NIESV addresses issues surrounding real estate agency
Foreign firms are taking over real estate agency in the country and something needs to be done about it urgently, the Nigerian Institution of Estate Surveyors and Valuers (NIESV) has said. The professional body said it had been saddled with fighting quackery on the local level but that in recent times, foreign firms had been dominating the practice of estate ...
Read More »Sukuk, others are sources suitable for housing delivery – Report
A report on the real estate sector has highlighted asset-backed bonds and sukuk, among others, as suitable sources of funds for housing delivery in Nigeria. The report, which was launched by the University of Lagos Centre for Housing and Sustainable Development in partnership with the African Research Universities Alliance, stated that real estate investment trust and portfolios could also be ...
Read More »The Buyer Or Seller: Who Really Should Pay Estate Agents Fee?
The Real Estate sector has become lucrative and it is contributing in its own way to curbing unemployment in Nigeria. There are different levels of people involved in Real Estate business, but there is a particular set of people in the industry who are not without controversy, as regards who pays them or should pay them. These people are the ...
Read More »What You Should Know About Real Estate Investment Cycles
Do not dabble into “timing” the market. From my wealth of experience in real estate investment, “timing” the market is too risky a venture for any real estate investor. To avoid this practice, you need to have a sound knowledge of the market that you are in, and you also need to know the stage at which the market is ...
Read More »Real estate developers, investors to storm Johannesburg in September
The summit’s aim Creating a platform for African and global real estate data and transparency experts to share insights, best practice and solidify global and regional investor confidence in Africa’s high growth economies are some of the primary objectives of the 9th annual API Summit & Expo taking place in Johannesburg on 20 and 21 September 2018. Speaking ahead of ...
Read More »Practicing lawyers are prohibited from the business of buying and selling Lands – Barrister Akintonde
This interview addresses the issue of buying and selling lands by Lawyers Ezra .A. Akintonde is a legal practitioner with over 6 years of experience in Defamation, Tourism & Hospitality, Corporate & Commercial as well as Criminal Litigation. He is a graduate of Olabisi Onabanjo University, Ago-Iwoye, Ogun State where he bagged an LL.B (Honours) degree. He is company secretary ...
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