Industry News

Maureen Ihua-Maduenyi Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders have expressed optimism of a full recovery this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed

Nigeria’s housing problem is simple: there are not enough of them. Building houses, however, has proven trickier than you would think.  The Real Estate sector is fairly large, accounting for 8% of Nigeria’s GDP at the end of 2016, having enjoyed a boon between 2010 and 2014. Despite that, a swelling population and increasing urban migration

Real estate venture is capital-intensive. While this huge capital is often difficult to come by, experts and advisors have propounded guiding principles for developers. DAYO AYEYEMI reports   One major thing the Federal Government needs to tackle urgently is developing the real estate sector, which has not shown any sign of recovery from recession going

Nigeria’s investment banking landscape expanded Thursday with the official launch of Nova Merchant Bank in Lagos. The opening of the bank thus marked an increased interest in the sub-sector and brought to five the number of such banks in the country including FBNQuest Merchant Bank, FSDH Merchant Bank, Rand Merchant Bank, and Coronation Merchant Bank The re-entry