Business

nigerians-groan-as-house-rent-doubles-in-major-cities

Nigerians groan as house rent doubles in major cities

The cost of accommodation across major cities in Nigeria has beocome a huge strain on the finances of average Nigerians, who have been bedevilled by the rising cost of goods and services. This is according to findings by Nairametrics Research. According to Nairalytics, the research arm of Nairametrics, the cost of accommodation has surged by over 100% in Lagos, Abuja, and Port Harcourt between 2019 and...

abode-launches-initiative-to-tackle-housing-deficit

Abode launches initiative to tackle housing deficit

Abode Asset Limited, a Nigerian tech startup, has launched a business initiative aimed at making housing affordable and accessible for Nigerians. The initiative also promotes wealth creation through fractional ownership of high-yielding assets across Nigeria and the African continent. The launch, a hybrid event tagged ‘The Slice’, held recently in Lagos. In their remarks, Jeffrey read more Abode...

with-eye-on-diaspora-investors,-dradrock-offers-strong-value-propositions-on-products

With eye on Diaspora investors, Dradrock offers strong value propositions on products

It was a defining moment at Transcorp Hilton, Abuja recently where Dradrock Real Estate organized a global business forum to woo Diaspora investors, offering strong value propositions on its real estate products. The company used the forum to tell Nigerians at home and in the Diaspora about emerging developments in the sector, and also to read more With eye on Diaspora investors, Dradrock offers strong...

volatile-fx-rates:-what-lies-ahead-for-real-estate-developers

Volatile FX rates: What lies ahead for real estate developers

Real estate developers in Nigeria have been at the receiving end of unfavourable macro-economic conditions, especially the volatile foreign exchange (FX) rates in the country in the last few years. It’s no longer news that the Nigerian Naira has been ‘turning on its own’ for quite some years now with some ugly events unfolding since read more Volatile FX rates: What lies ahead for real estate...

facilities-management-as-an-agent-of-change

Facilities management as an agent of change

The end of the Covid-19 pandemic has raised new questions for the workplace and the FM profession. One of such question is ‘what does this mean for FM practitioners? As we all know, change is the only constant in life and will remain so. Therefore, forecasting the future of work and the workplace in an read more Facilities management as an agent of...

il-bagno-commits-to-growing-nigeria’s-interior-design-industry

IL Bagno commits to growing Nigeria’s interior design industry

IL Bagno, one of the brands under the Black Pelican Group, says it is committed to the continued growth of Nigeria’s interior design industry, noting that the country is now recognized as the next largest industry on the continent after South Africa The country has continued to evolve to match what is obtainable globally, according read more IL Bagno commits to growing Nigeria’s interior design...

havi’i-lah’s-solution-to-nigeria’s-29m-housing-deficit

Havi’i-lah’s solution to Nigeria’s 29m housing deficit

Hav’i-lah Real Estate Worldwide Founder, Precious Okechukwu Adaobi is bridging the gap between the traditional real estate industry and the rise of the platform economy. Every entrepreneur has that moment–an epiphany, an experience, a moment of sudden discovery and profound intuition–in which a formerly unsolvable problem becomes suddenly clear and obvious. From a young age, read more...

cement-companies-report-widespread-foreign-exchange-losses

Cement companies report widespread foreign exchange losses

The Nigerian industrial sector accessed $4.4 billion from the Central Bank of Nigeria (CBN) to fund their import bills between January and June 2022, accounting for almost half of the total amount disbursed by the apex bank to seven sectors in the same period. This is according to data on the sectoral utilization of foreign exchange by the CBN, seen by Nairametrics. Meanwhile, major industrial companies...

alaro-city-sees-future-taking-off-with-lekki-epe-airport-approval

Alaro City sees future taking off with Lekki-Epe Airport approval

Alaro City, an emerging city within the Lekki Free Trade Zone (LFTZ), says the future is about to take off in the zone with the federal government’s approval for Lagos State government to build the proposed Lekki-Epe International Airport. Hadi Sirika, Minister of Aviation, presented the approval for the new airport to Babajide Sanwo-Olu, the read more Alaro City sees future taking off with Lekki-Epe...

igp-assures-on-security-as-adron-homes-builds-police-station,-barracks-for-community

IGP assures on security as Adron Homes builds police station, barracks for community

Usman Alkali Baba, the Inspector General of Police (IGP), has assured Simawa community in Ogun State of security as he commissioned an ultra-modern police station and barracks, donated by Adron Homes and Properties in that community. The IGP, who was represented at the event by Bode Adeyinka Adeleke, Assistant Inspector General of Police, in charge read more IGP assures on security as Adron Homes builds...

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