Real Estate
4 Mar
The Lagos State chapter of the Nigerian Institute of Building (NIOB) has prescribed the prioritising of builder's documents in federal and state governments projects.
4 Mar
Pan-African finance institution - Shelter Afrique Development Bank (ShafDB) has urged the Nigerian government to clear its outstanding capital subscription, while pledging the bank’s commitment to improve on its $220 million worth of housing loans for the country.
4 Mar
Members of the Real Estate Developers Association of Nigeria (REDAN) and experts in the housing industry have urged the Federal Government to implement estate development policies, explore industry’s potential to create wealth and jobs for unemployed Nigerians.
26 Feb
Following the poor state of the economy, property owners and managers in residential and commercial facilities have begun to increase service charges in line with current economic realities.
19 Feb
These are the best of times for foreign real estate investors as ongoing currency devaluation is harming the property market by reducing rental income and prompting huge decrease in their return on investment due to higher cost of living.
19 Feb
Experts in the real estate sector have said that the massive investment in urban regeneration, embracing of technology and ending the existing multiplicity of taxes is key to boost affordable housing supply and growth.
12 Feb
Following the rising cost of construction triggered by persistent inflationary trends, many developers are embarking on upward review of home prices to maximise profits, while property owners are raising rents in major locations by as much as 50 per cent.
12 Feb
Experts have acknowledged the pivotal role real estate plays in wealth creation, sustainability and home ownership.
29 Jan
After the bilateral partnership agreement between Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and United States-based National Association of Realtors
29 Jan
In the face of macroeconomic headwinds, there are fresh concerns among operatives that insecurity may worsen housing deficit and hinder investments in the real estate sector.
29 Jan
A real estate firm, Ubosi Eleh and Company has urged the government to pay more attention to addressing the regulatory and legal issues in the sector.
29 Jan
With African countries witnessing increased Foreign Direct Investment (FDIs) into their real estate industry, a new report by Estate Intel, revealed that Nigeria trails behind Botswana and Morocco in FDIs because of soaring inflation, weakened naira, and high cost of production.
Latest
1 hour ago
Despite the exodus of university teachers and attendant shortage of manpower in public universities nationwide, the non-retention policy of the Federal Government has caused over 5,032 first-class graduates to languish in the job market and far away from the tertiary institutions that erstwhile retained them.
1 hour ago
As the whereabouts of former Kogi State governor, Yahaya Bello, remain unknown a week after he was declared wanted by the Economic and Financial Crimes Commission (EFCC) and placed on a watch-list by the Nigeria Immigration Service (NIS)
1 hour ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
1 hour ago
As Nigeria joins the rest of the world to mark the 2024 World Malaria Day, the progress in national malaria control is being threatened by the continued rising cost of anti-malaria drugs, which have gone beyond the reach of many Nigerians.
1 hour ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
1 hour ago
Ahead of May Day next week, workers are demanding a country that works for all and not just for some privileged few.
1 hour ago
The NPFL has fined Kwara United N6 million for allegedly thwarting the live broadcast of their week 31 game against Akwa United.
1 hour ago
To achieve the global malaria targets 2030, the World Health Organisation (WHO) Global Malaria Programme has launched a new operational strategy that will change the trajectory of malaria trends.
1 hour ago
President Bola Tinubu and President of the Senate, Godswill Akpabio, have promised to give fresh direction to the justice sector in the country through a holistic overhaul.
1 hour ago
Governor Babagana Zulum of Borno State has urged the Army to establish military formations in Sambisa Forest and the Mandara Hills, bordering Cameroon and Chad in the North East, to counter terrorism in the areas.