Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi. Amid growing concerns over the 2019 general elections and its economic impact, developers in Nigeria’s real estate sector are slowing down constructions and apprehensive of new business deals. Although, the Nigerian real estate market has been less influenced by political-spending but more by

By Kingsley AdegboyeIf you think the reason for the visible empty residential apartments that cut across the length and breadth of Ikoyi, a highbrow neighbourhood and one of the most expensive residential areas in Lagos, is due to effect of the current economic crunch in the country, it is not. Rather, the cause of the

Policy summersaults, dearth of funds, improper regulatory and compliance system for real estate developers have been listed as some of the reasons for Nigeria’s housing sector woe. According to the experts, these factors have led to huge housing deficit in the nation as over 65 per cent of Nigerians live in slums. Speaking on housing

By Bertram Nwannekanma With over 170 million people, Nigeria, the most populous country in black Africa is plagued with housing problem. This issue has been a thorn in the flesh of various governments as moves towards addressing the ugly phenomenon repeatedly failed. In 1991 for example, the Nigeria housing deficit was seven million. It increased

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An estate in Lagos. With over 170 million people, Nigeria, the most populous country in black Africa is plagued with housing problem. This issue has been a thorn in the flesh of various governments as moves towards addressing the ugly phenomenon repeatedly failed. In 1991 for example, the Nigeria housing deficit was seven million. It

Ugochukwu Chime Adedayo Akinwale in Abuja Real Estate Developers Association of Nigeria (REDAN) has expressed concern that the current undefined operating environment in housing sector has yielded too many casualties for the association to ignore. The President, Rev. Ugochukwu Chime stated this in his acceptance speech and investiture as the president of the 5th REDAN

Having one of the largest Diasporas in the world, Nigeria, through real estate developers is trying to help its citizens living overseas overcome their fears of homeownership back home and also improve the economy. DAYO AYEYEMI reports     The disturbing issue of abandoned and unoccupied property across the country is about to be curtailed

Having one of the largest Diasporas in the world, Nigeria, through real estate developers is trying to help its citizens living overseas overcome their fears of homeownership back home and also improve the economy. DAYO AYEYEMI reports     The disturbing issue of abandoned and unoccupied property across the country is about to be curtailed