House Rental

Impact of diaspora funds on Nigeria’s real estate market

Nigerians in the diaspora are seizing the opportunity of the depreciation of the Naira and favorable lending rates in their countries of residence and taking a bet on real estate assets in Nigeria. Diaspora-led investments in Nigeria's real estate and construction sectors is helping to ease the current finance gap plaguing both sectors. As resident [...]

Bridging the housing deficit in Lagos through PPP

The need for mass housing to meet rising demand, particularly from the growing younger demography, cannot be overstated. With its teeming population and daily influx of people, Lagos State accounts for a significant portion of Nigeria's estimated 17 million housing deficit. The need for mass housing to meet rising demand, particularly from the growing younger [...]

Nigeria’s blossoming proptech industry

The impact of Nigeria’s blossoming proptech industry is gradually being felt in the larger real estate sector The impact of Nigeria’s blossoming proptech industry is gradually being felt in the larger real estate sector as technology increasingly informs end-to-end decisions on property development and management. In many respects, technology adoption in real estate has lagged [...]

CBN raises MPR: What’s in it for Nigeria’s housing market?

CBN's recent MPR benchmark raise from 11.5% to 13% will likely spike the cost of bank borrowing at around 30% APR. Following the CBN's recent Monetary Policy Rate (MPR) benchmark raise from 11.5% to 13%, the cost of bank borrowing from commercial banks is now projected at around 30% APR. The unaffordability nature of Nigeria's [...]

Local retail expansion update

The last 3 years have been challenging for Nigeria's retail market The last 3 years have been challenging for Nigeria's retail market as the nation grappled with market volatility, rising inflation, and insecurity. While some retail players have slowly recovered from the dark days of xenophobia, city protests, and lockdown restrictions, a few are yet [...]

Africa Data Centres expands to Ghana

Digitalization continues to play a massive role in Ghana’s economic advancement Following the unveiling of its new 10MW data centre facility in Nigeria, Africa Data Centres (ADC), a pan-African technology group focused on building and improving digital infrastructure across Africa, has announced plans to build a 30MW data centre facility in Ghana. With an [...]

Tags: House Rental

Impact of diaspora funds on Nigeria’s real estate market

Bridging the housing deficit in Lagos through PPP

Nigeria’s blossoming proptech industry

CBN raises MPR: What’s in it for Nigeria’s housing market?

Local retail expansion update

Africa Data Centres expands to Ghana

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