Relying on the performances recorded in the first three quarters of last year, experts/ analysts are of the opinion that outlook for the real estate sector in 2023 is bright. DAYO AYEYEMI reports HAVING contributed over N7 trillion to the nation’s Gross Domestic Product (GDP), coupled with the improved investors’ trust in the industry, no thanks to the the number of housing schemes initiated ...

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth. However, you need to make sure you are ready to start investing in real estate. For one, you will need to put down a significant amount of money upfront to...

In addition to the 1.5 million direct construction sector jobs particularly young people on a low income, the programme also has the potential to create further 1 million jobs through its supply chain. The Central Bank of Nigeria (CBN) has approved the sum of N200 billion as mortgage finance facility to the Family Homes Fund Limited (FHFL) and targeted at low income earners. According to a circular,...

From increased foreign direct investment, shifting occupier patterns to ecommerce, 2022 is expected to be a record year for the real estate market in Africa. However, a divergence continues to exist in market performance across key markets in the continent. Below we identify the factors likely to impact performance in Africa’s top markets and the key sectors to watch out for in these markets. Real...