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  • These Passive Income Streams Will Help You Achieve Financial Freedom in 2023

    • March 17, 2023
    • Posted by: admin
    • Category: Economics, Investment, Real Estate
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    Passive income is a great way to earn money without having to work for it actively. It’s a way to make your money work for you instead of working for your money. Passive income can provide financial freedom and the flexibility to do what you love, whether that’s traveling the world, spending more time with

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  • Top most affordable neighborhoods in Lagos State

    • January 6, 2023
    • Posted by: admin
    • Category: Economics, Investment, Real Estate
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    In a recent article, we dove deep into how much an individual needs to earn in order to live in 2 bedroom apartments across Lagos. This article continues the discussion by analysing different areas of Lagos to find the most affordable areas in the state. What is affordable? It is important to determine what an affordable

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  • 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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  • IN 2021, LAND TRANSACTIONS WILL GO FULLY DIGITAL IN LAGOS

    • December 11, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
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    Beginning from the first quarter of 2021, all land-related transactions in Lagos State will be undertaken online, Governor Babajide Sanwo-Olu disclosed on Wednesday 5th December 2020. The plan, the governor said, was to further accelerate the process of getting approvals on land matters and create an enduring business-driven property development market in the State. Sanwo-Olu

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  • Warning: LASG Warns Eti-Osa LG Developers Against Violating The Master Plan

    • October 2, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
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    The Lagos State Government has warned property owners and developers in Lekki, Ajah and Eti-Osa not to violate the master plan for the area. The Commissioner for Physical Planning and Urban Development, Dr Idris Salako, gave the warning at a stakeholders’ meeting with property owners and developers in the Lekki axis on seamless processing of

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  • Real Estate Bargain Shopping: How to find good deals

    • September 11, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, International, Investment, Real Estate
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    Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the

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  • Real Estate Professionals Urge FG to Rescind Action on New Stamp Duty Charge

    • September 6, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
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    As the debate on the new stamp duty charge on house rent and C-of-O by the federal inland revenue service (FIRS) rages, estate surveyors and valuers have lent their voice to the debate, urging the federal government to rescind action on the new tax. The real estate professionals under the aegis of Nigerian Institution of

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  • Lagos Plans new Housing Scheme for Young Professionals

    • August 22, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, Investment, Real Estate
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    Better days may be in the offing for young professionals in Lagos as the state government is planning a new homeownership scheme to solve their peculiar housing challenges. The scheme christened “HOME4MORE”, targets young professionals with the aim of giving them a good start in life. It was learnt that the scheme would be channelled

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  • Winning The Real Estate Off-Plan Game

    • August 9, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
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    “Why do developers need our money to build?” someone once asked. While this question is from a Nigerian, it could originate from anyone curious to know about how some delicate, yet profitable, aspects of real estate investment work. Not everyone entering the real estate investment ecosystem fully understands what is obtainable – the intricacies, changes,

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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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