THE governor of Enugu State, Peter Mbah has presented a record-breaking ₦971 billion budget proposal for the 2025 fiscal year to the State House of Assembly. Titled the “Budget of …
Real Estate
Urban Life Realty, stands as a lighthouse for genuine transformative real estate in Nigeria. In a vast industry where there are dynamics real estate companies, Urban Life Realty lumes as …
AS part of its effort to support the Federal Government’s Economic Sustainability Programme, the Central Bank of Nigeria (CBN) has announced a N200 billion mortgage finance loan to Family Homes Fund …
- Real Estate
Real Estate: COVID-19 induced headwinds to compound sector’s woes
by Prince Tobyby Prince TobyThe real estate sector in Nigeria remained in recession when the National Bureau of Statistics announced the last GDP growth numbers for Q1 2020. The sector contracted by 4.75% in …
Today we turn our attention to Nigeria’s real estate sector. The underperformance of this sector is largely hinged upon the low level of effective demand for housing. Affordable housing seems …