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Why 64m of Nigeria’s working class cannot buy affordable housing if available

Out of the 69.54 million Nigerians reported by the National Bureau of Statistics (NBS) to have been gainfully employed as at third quarter of 2018, only 5 million of the total number earn a salary of N3 million and above per year, as compiled from data by Graeme Blaque Group, a Lagos-based advisory firm.


Construction booms at Nigeria’s big cities amid challenges

Movement of excavators on site, dumpers, cranes, builders laying concrete and artisans doing diverse jobs are now common scenes once again at various sites in four of Nigeria’s megacities.


Lagos ignites property revival in Badagry

Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any meaningful property investment. However recent infrastructural developments spearheaded by the Lagos State government have ignited growing interests among investors in the once docile city.


Mixed feelings greet remodeling of Kaduna flyover

There is growing anxiety and hope among residents of Kaduna State, especially those living and doing business under and around the Kawo Flyover, over plans by the state government to remodel the bridge.


Three key trends to watch in Africa in 2020

As Africa moves into 2020, great excitement will remain over the continent’s emerging opportunities for investment and trade. For example, Mozambique will attract over $100bn in fresh capital over the next few years to develop its massive natural gas resources. Following recent African investment summits in Russia and Japan, both the UK and France will […]


‘The mega-cities of the future are in Africa’ – Emma-Wade-Smith

The political consolidation demonstrated by the African continental Free trade Zone was given yet more substance, when the outgoing EU commission agreed for trade talks with the African Union, continental body, to continental body.


Two buildings collapse in Lagos

Two buildings on Friday collapsed at Okota and Lagos Island areas of Lagos, Southwest Nigeria. On 12 Alasepe Street, off Community Road, Ago Palace Way, Okota, a three-storey building under construction collapsed, with one person trapped, who was later rescued while on Lagos Island, a two-storey building collapsed at Agarawa area.


Northcourt’s 2020 Nigeria Real Estate Market Outlook

Nigeria’s economic growth in 2020 will depend on far sighted fiscal and monetary policies and prudent management of public debt, which currently stands at over N25Trn. Most developing countries possess effective formal budget systems that work but turn out ineffective because they lack disciplined budgets, effective programs or efficient operations. Solving this does not solely […]


Nigeria’s GDP To Grow At 2.2% in 2020 – Bismarck Rewane

Nigeria’s Gross Domestic Product (GDP) will grow between 2 and 2.2% in the year 2020, says Economist Bismark Rewane. The CEO of Financial Derivatives Company Limited (FDC) disclosed this as the keynote speaker at the January 2020 Breakfast meeting of the Nigeria British Chamber of Commerce, which reviewed the Nigerian economic outlook for the year […]


Investors lobby PFAs as pension assets hit N9.8tn

The total assets under the Contributory Pension Scheme rose to N9.8tn as of the end of November 2019. Latest figures released by the National Pension Commission on Thursday revealed that N7.08tn or 70.88 per cent of the assets had been invested in Federal Government’s securities.


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