Tuesday, June 28, 2022
• More manufacturers, SMEs shutting down over worsening electricity, N820/litre diesel • Haulage of food items, cooking gas soar • Stakeholders raise fresh concerns over nation’s energy insecurity Stakeholders are in panic mode over the fate of the nation’s...
Laide Agboola, Co-founder and CEO, Purple Group The management of Purple Real Estate Income Limited (PREIL) says it has grown its operating revenue by 112 percent to N2 billion, riding on the expansion of its asset base and sale of...
“Nearly 75% of Nigerians living in major cities are tenants, and that says a lot about the need for houses,” begins Daniel Adeyemi, Senior Reporter at TechCabal, who is moderating a Live session on property technology—proptech—in Nigeria. “It’s a...
Shelter Afrique, a pan-African housing finance and development institution has issued its debut ₦46bn ($110.7m) Series 1 Fixed Rate Senior Unsecured Bond Issuance in Nigeria’s capital market under its ₦200bn ($481.3m) bond issuance programme. The dual tranche bond issuance was...
These are not the best of times for investors in Ghana’s hospitality sector as about 80 percent of pipeline hotel projects in Accra, the country’s capital, is on hold, according to a Pipeline Projects Report. The report said whereas it...
Stakeholders in the real estate industry have fashioned strategies for growth of operators in the sector. They made the suggestions at the 10th anniversary of LifePage, a firm of developers. They said investment in real estate or marketing needed training. They...
The Chairman, Millenium Group, Eze Munachino, says the Nigerian real estate market presents bigger prospects. Munachino, who runs Nigeria’s leading real estate and general merchandise conglomerate, said the market had recorded exponential growth in recent times and was still expanding. The...
To bridge existing deficits, the Group Executive Officer, RevolutionPlus property, Mr. Bamidele Onalaja, has tasked governments at all levels to provide necessary social amenities and infrastructure for housing development in the country. Onalaja observed that this would increase housing stock...
President Muhammadu Buhari on Thursday inaugurated 76 housing units under the National Housing Programme (NHP) of the Federal Ministry of Works and Housing in Gombe. Buhari, represented by Prof. Isa Pantami, Minister of Communications and Digital Economy said the project was in line with his administration’s...
A section to link the Lagos-Ibadan standard gauge railway to the Apapa Port in Lagos has stalled one year after the rail line began passenger service just as the contractor, China Civil Engineering and Construction Corporation (CCECC), has demanded a...
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