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Finance & accounting

  • How real estate will fair after nation’s exit from recession.

    • March 5, 2021
    • Posted by: admin
    • Category: Finance & accounting, Investment
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    Notwithstanding the cheering news of Nigeria’s early exit from recession, experts said its impacts on real estate is still dismal as the industry continues to struggle through the coronavirus pandemic and high cost of building materials. They hinged their positions on the fact that inflation is at an all-time high of about 16.47 per cent

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  • Developers deploy new funding method in real estate projects

    • January 15, 2021
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Innovation, Real Estate
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    With the high cost of loans and non-availability of long-term funds for real estate projects, developers have evolved new options to meet the needs of prospective homeowners. Currently, real estate developments, comprising residential, commercial, and industrial are becoming more capital-intensive due to the inflation affecting building materials, making it inevitable that developers would need external

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  • Stamp Duty: Landlords Don’t Need to Increase Rent, Says FIRS

    • August 1, 2020
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Investment, Real Estate
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    The Federal Inland Revenue Service (FIRS) has explained that there is no basis for landlords to embark on rent increment in relation to the stamp duty payable on tenancy and lease agreement by tenants in the country. FIRS had, about a week ago, mandated landlords and property agents to charge six per cent stamp duty on all tenancy and

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  • Nigeria luxury real estate slumps amid coronavirus crisis

    • July 3, 2020
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, International, Investment, Real Estate
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    As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate markets have become the hardest hit, as premium apartments property owners record lowest sales in major cities. In the past five years, high vacancy rate has existed in the luxury segment of the market, especially in Abuja, Lagos and Port Harcourt,

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  • What does it take to become a Landlord?

    • June 19, 2020
    • Posted by: admin
    • Category: Business plans, Finance & accounting, Investment, Real Estate
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    Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time. Here are six things every potential landlord should consider before taking a launch.   Being a landlord is not a 9 to 5  job structure Landlords don’t punch

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  • Strategic and commercial approach with issues

    • August 24, 2016
    • Posted by: admin
    • Category: Finance & accounting
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    Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?” Becoming an organization capable of answering this question can benefit in a number of ways

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