Nigerian Property Markets – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Nigerian Property Markets

September 14, 2017
Jabi Lake Mall. Image Source:

Qz: Nigeria’s retail boom might be over before it started unless investors bring malls closer to people

Over the past decade, large American-style malls have become a more regular feature in Nigeria’s largest cities. Investors have been attracted by the promise of Nigeria’s large population and growing middle class, and looked to snag some of the pie […]
September 6, 2017

Nigeria’s GDP Grows but Real Estate Service and Construction Sectors Contract

After 5 consecutive quarters of negative growth, Nigeria has emerged out of recession with a growth rate of 0.55% during Q2:2017, less than 1% higher than the -0.91% noted in the first quarter. The recovery was largely driven by an […]
August 25, 2017
Video: Nigeria’s retail industry forecast

Video: Nigeria’s retail industry forecast

Culled from CNBC Africa. Nigeria’s retail industry experienced a boom between 2009 and 2015, growing at 40 per cent per annum in that period. Dolapo Omidire, Lead researcher at Estate Intel joined CNBC Africa to discuss the evolution of retail […]
August 21, 2017
Ongoing construction in Victoria Island, Lagos.

Data: Real Estate & Construction Accounted for 9.07% of Banking Sector Credit in Q2 ’17

Newly published data from the Nigerian Bureau of Statistics illustrates that the Real Estate and Construction sectors accounted for 9.07% of banking sector credit in Q2:2017. Of the N15.7tr extended by the banks during Q2:2017, ₦795bn (5.06%) was for the […]
August 7, 2017
Lagos Skyline. Image Source: Instagram - images by omidire

ei Report: Extended Newsletter for the Real Estate Market in July 2017

Download your copy of the Extended Newsletter for the Real Estate Market in July 2017. Join our newsletter to make sure you receive this document as soon as it is sent out.
August 5, 2017
Jai Lake Mall, Jabi - Abuja. Image source:

ei Report: Boom & Bust – The past, present and future of Nigerian retail

Hacking the African retail sector has been a significant driver of investment activity in the region over the last decade. Every piece of literature regarding Sub-Saharan Africa and the ever-prominent Africa Rising narrative points to the continent’s large rapidly urbanising […]
August 3, 2017
(L-R) Prof. Isaac Adewole, Minister of Health of Nigeria; Afreximbank President Dr. Benedict Oramah; and Prof. Ghulam Mufti, Non-Executive Director of the Board of Kings College Hospital, UK, following the signing of the MOU in Abuja

Afreximbank, Kings College Hospital and Nigerian Ministry for Health Sign Hospital Development MoU

The African Export-Import Bank (Afreximbank), Kings College Hospital (KCH) London, and the Nigerian Ministry of Health have entered into a memorandum of understanding (MoU) to collaborate in developing a centre of excellence for healthcare in Nigeria. The centre will specialise in […]
July 25, 2017

Lagos Instructs Owners of Properties on Drainage Channels to Vacate or Risk Removal

In a press release published by the Lagos State Government, owners of properties erected on drainage channels that impede the free-flow of water were instructed to immediately vacate or risk being removed. The notice comes shortly after severe flooding affected most […]