nigeria’s-infrastructure-funding-to-slow-as-china-cuts-lending

Nigeria’s infrastructure funding to slow as China cuts lending

Nigeria’s plan to take more loans from China to fund critical infrastructure might come to a halt on the back of the country’s intent to cut lending to African countries as a result of the continent’s rising debt profile. Chinese President Xi Jinping, while speaking with the triennial Forum of China-Africa Cooperation, held in Senegal last year November, indicated that China, over the next three...

what-tenants-do-not-know-about-lagos-monthly-rent

What tenants do not know about Lagos monthly rent

January 2022 when the proposed Lagos Monthly Rent scheme is planned to start is here, yet the enthusiasm that should greet such a scheme remains to be seen. This may be partly because many of the tenants do not have the right information on how the scheme will serve their needs. Beyond the announcement that tenants in the state would no longer be paying advance rents and that the state government has set...

industrial-real-estate-demand-seen-rising-on-logistics,-e-commerce

Industrial real estate demand seen rising on logistics, e-commerce

Demand for industrial real estate services will, for years to come, be high, experts have said. They explained that logistics will upset commercial real estate and that disruption in commercial real estate capital allocation is likely, with industrial property receiving more money and retail receiving less. Though Laide Agboola, the chief executive officer, Purple, a property development company, sees hope...

real-estate:-before-you-buy-a-property-(part-3)

Real estate: Before you buy a property (part 3)

If you missed out on the previous parts of this series, you can catch up by clicking here to read part 1 and here to read part 2. Real estate buying decisions take root from our emotions. Drawing lessons from those experiences help to make a success of next purchase. Although, we would wish by default, that a real estate investment process per time is seamless. But can every real estate investment be...

lagos-real-estate-projects-under-construction-increased-by-19%-in-2021-–-estate-intel

Lagos real estate projects under construction increased by 19% in 2021 – Estate Intel

The real estate sector saw a 19% increase in the total number of projects under construction in 2021 relative to the year before. This is according to the 2022 Lagos Pipeline Report by Estate Intel which described a summary of pipeline projects measured in terms of ongoing construction projects in multiple real estate sectors within Lagos. The report which broke down sector analysis into office,...

dangote-cement,-lafarge,-and-bua-cement-agree-to-supply-cement-at-a-discounted-rate-–-akande

Dangote Cement, Lafarge, and BUA Cement agree to supply cement at a discounted rate – Akande

The three major cement producers in the country have reached an agreement with the Federal Government to supply cement at discounted prices. This was disclosed by Mr. Laolu Akande, the Senior Special Assistant, Media & Publicity to the Vice President during an interview with Nairametrics Akande said this with reference to the social housing programme under the Economic Sustainability Plan (ESP), which is...

real-estate:-before-you-buy-a-property-(part-2)

Real estate: Before you buy a property (part 2)

If you missed out on the first part of this series, then you can click here to catch up. Real estate for some scientifically explainable reasons is at the core of our physical existence as humans. Science and technology improvements have made growing crops in the air possible. When it comes to shelter and a domain for continued existence, real estate as we know it is still the real deal. And this will be...

expired-provisional-planning-permit:-lagos-to-commence-enforcement-of-applications-for-final-permit

Expired Provisional Planning Permit: Lagos to commence enforcement of applications for final permit

The Lagos State Government in a demand notice has urged holders of expired Provisional Planning Permits to submit their applications for Final Planning Permits as quickly as possible before they commence enforcement actions after one month. The charge was given by the Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, who explained in a chat with a section of the media...

ogun-moves-to-improve-home-ownership-as-demand-rises

Ogun moves to improve home ownership as demand rises

Going by increasing demand for housing in the country and its attendant effects on the socio-economic growth and development, the Ogun state government has embarked on massive construction of housing units in almost all the three Senatorial Districts of the state, thereby improving access to landed property and homeownership. BusinessDay reports that the government of Ogun state has already completed and...

akwa-ibom-urges-residents-to-tap-opportunities-in-housing-sector

Akwa Ibom urges residents to tap opportunities in housing sector

Akwa Ibom government has urged residents to take advantage of its housing scheme and invest in the sector by acquiring houses in its luxury estate in Uyo, the state capital. The luxury estate located along the airport road was launched last year by Vice President Yemi Osinbajo and is said to be complete within a broadband internet service after the state government signed an agreement with one of the...

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