With rapid growth of Nigerian population and economic downturn, UPDC has reiterated calls for the unlocking of over N13 trillion pension funds to improve homes’ accessibility and ownership among Nigerians. The group also urged advocacy that will make the industry...
The Minister of Works and Housing, Babatunde Fashola, has said the proclamation of Executive Orders 3 and 5 has led to the use of local materials in construction of federal government housing projects thereby stimulating Nigeria's economic growth.
Fashola, who...
Professionals in the real estate sector has said that the Finance Act 2022 is a blessing in disguise for the real estate industry, as it will provide leeway for real estate investors to explore relevant incentives and reduce tax...
There are lots of reasons why you may want to own a home: privacy, stability, prestige, worth, etc. If your reason however for wanting to own a home is to turn your money into more money, a home purchase...
Real estate is defined as landed property – land, buildings, air rights above the land and underground rights below the land. The term real estate means real or physical property. Some land economists claim that ‘real’ came from the...
In a global work environment, the reward for labour is wage or salary. Labour, a service rendered, is usually exchanged for monetary benefit. There is the minimum benchmark for salaries, wages, and fees depending on the nation and the...
Shelter Afrique (SHAF) has been leading the charge in changing the affordable housing conversation in Africa for four decades-but it is not all talk. Together with partners, Shelter Afrique has raised and invested millions of dollars to fund housing...
INTRODUCTION The Finance Act 2021(the "FA 2021") introduced changes that could have significant implications for the Nigerian capital markets and real estate sectors. In this publication, we have addressed some of the changes that we consider relevant.
Capital Gains on Sale...
• Nation living on extra time, Sanusi warns The International Monetary Fund (IMF) has said the Federal Government could spend as much as 92.6 per cent of its revenue on debt servicing this year. This is contained in its 2021 Article...
The N3 trillion Africa’s largest oil-producing country has committed to subsidizing petrol in 2022 is no longer news, but what is more alarming is the opportunity cost forgone in a slow-growing economy that could use more investments. The situation concerning...
- Advertisement -
