Category: Insight

The Benefits of Compliance in Real Estate: Safeguarding Against Money Laundering and Terrorism Financing The Benefits of Compliance in Real Estate: Safeguarding Against Money Laundering and Terrorism Financing

Compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations is crucial in the real estate industry to protect against illicit activities. This article highlights the importance of compliance in real estate and the benefits it brings to both companies and stakeholders involved.

May 29, 2023
Insight

Invest in Thriving Nigerian Real Estate Market!

If you’re seeking a profitable and stable investment, you should seriously consider delving into the Nigerian real estate market. Nigeria, the largest economy in Africa, with a thriving middle class and a continually growing demand for housing, presents a captivating opportunity.

May 16, 2023
Insight

Local Solutions to Infrastructure Deficit

Dr. Elizabeth Eterigho, the President of the Association of Professional Women Engineers of Nigeria (APWEN), has emphasized the need for governments at all levels to focus on local solutions to the infrastructure deficit in Africa, creating jobs for communities and promoting sustainability.

May 8, 2023
Insight

Davido’s Timeless Concert Takes Centre Stage: A Link to his Multi-Million Naira Real Estate Interests

Nigerian superstar, Davido, is a household name in the music industry, and he also has huge interest in the real estate sector. At his recent comeback concert, Timeless, held at Tafawa Balewa Square (TBS), Davido wowed his fans with an impressive stage design and performance. An unforgettable experience for his fans who had eagerly awaited new music and a live performance from their favourite artist.

April 24, 2023
Editorial, Insight

Private Property and the High Cost of Acquisition in Nigeria

The high cost of private property acquisition and the unwillingness of banks to lend to low-income earners in Nigeria are two major factors that hinder the development of affordable housing in the country. According to a report by PwC, Nigeria has a housing deficit of about 22 million units, which would require an annual investment of $363 billion for 10 years to bridge. However, the average cost of building a house in Nigeria is estimated at $40,000, which is beyond the reach of most Nigerians who earn less than $2 per day.

April 17, 2023
Editorial, Insight

Inclusive and Affordable Housing in Nigeria: Opportunities, Innovations, and the Importance of Inclusive Policies

Accessing housing is a fundamental need for all human beings, but it is a major challenge in Nigeria. With a rapidly growing population of over 200 million people, more than half of whom reside in urban areas, the country faces a significant housing deficit of 28 million units. A majority of the urban population lives in substandard settlements lacking basic amenities like proper sanitation, security, and infrastructure.

April 2, 2023
Editorial, Insight

The Future of Housing in Nigeria: Trends, Predictions, and the Role of Government and Private Sector

Nigeria’s population is rapidly increasing, and its economy is growing, but there is still a huge housing deficit. According to the World Bank, the country needs around 28 million new homes to meet its citizens’ demand. Unfortunately, the supply of housing is insufficient, leaving many Nigerians struggling to find decent and affordable accommodation.

April 2, 2023
Editorial, Insight

How to Choose the Right Real Estate Property to Invest in Nigeria

Any developing economy needs to have a strong real estate industry, and Nigeria is no exception. Nigeria’s real estate market has grown significantly over the past few years..

March 12, 2023
Insight

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