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 …
Category:
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 …
- Real Estate
CBN approves N200b housing loan, targets 900,000 low income earners
by Ifechukwude Kainebi 2 minutes readAS 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 Toby 2 minutes readThe 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 …