Home » Tag Archives: real estate (page 10)

Tag Archives: real estate

Stakeholders express optimism over real estate growth in 2018

growth in real estate

Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders are optimistic about a positive growth this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed 6.79 per cent to real Gross Domestic Product, ...

Read More »

Industry experts suggest new ways to attract finance into real estate

industry expert

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 ...

Read More »

Lawyer harps on need to tackle inadequacies in Land acquisitions

Lawyer harps on need to tackle inadequacies in Land acquisitions

The managing partner of Prince Joel and Associates, Prince William-Joel has said the difficulties inherent in real estate transactions and land acquisitions in Nigeria need to be tackled appropriately. According to him, that has to be done within the right context in order to eliminate all forms of inadequacies and mishaps relating to property and land acquisitions. He said the ...

Read More »

Rochas Okorocha revokes ownership of untilized lands in Imo State

Rochas Okorocha revokes ownership of untilized lands in Imo State

Governor Rochas Okorocha of Imo State has said that the state government would revoke the ownership of all unused lands especially those at the industrial layouts in the State, regretting that people acquired those lands and kept them for years without developing them but waiting to sell them at a very exorbitant prices. The Governor gave the hint when members ...

Read More »

Lagos initiates electronic real estate litigation system to boost business

Lagos initiates electronic real estate litigation system to boost business

The Lagos State Government has unveiled an electronic real estate litigation system, which it said would help improve Nigeria’s rating on the ease of doing business. The state government added that the platform was equally designed to provide easy access to information to both indigenous and foreign investors with plan to procure real estate or property in the state. The ...

Read More »

MBAN plans non-interest mortgages, seeks for intervention fund

MBAN plans non-interest mortgages, sMBAN plans non-interest mortgages, seeks for intMBAN plans non-interest mortgages, seeks for interMBAN presidentvention fundervention fundeeks for intervention fund

Gearing up for a veritable funding source for the sub-sector, mortgage operators (MBAN) have moved to explore the suitability, applicability and the possibility of adopting the non-interest mortgages to unlock the potentials of the Sukuk model. The operators, under the aegis of the Mortgage Banking Association of Nigeria agreed in a seven-page communiqué after its chief executive officers retreat in ...

Read More »