Nigeria has emerged as the third most active country in Africa for hotel development, with 48 hotel projects and 7,320 rooms currently in the pipeline, according to the 2025 Hotel …
Real Estate
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Lagos Government Sets 7am to 6pm Working Hours for Construction Sites, Warns Against Violations
The Lagos State Government has officially restricted working hours on all building construction sites across the state to between 7am and 6pm, Mondays to Saturdays, as part of efforts to …
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DevelopmentGOVERNMENTInfrastructureMarketsPoliciesReal Estate
Lagos Moves to Tackle High Rent, Housing Shortage With Monthly Payment Plan
The Lagos State Government has stepped up efforts to tackle the rising housing crisis across the state, especially as many low- and middle-income earners continue to struggle with skyrocketing rents. …
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AfricaBusinessDevelopmentEntrepreneurshipLeadershipNigeriaReal EstateSpotlightWestern Africa
Dr. Tony Aspire Kolawole: Real Estate’s New Standard
In the bustling, ever-evolving landscape of Nigerian real estate, certain names emerge not just as players, but as genuine game-changers. Dr. Tony Aspire Kolawole is unequivocally one such individual. His …
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AfricaBusinessEntrepreneurshipLeadershipNigeriaReal EstateSpotlightWestern Africa
Kehinde Muibi: Billion-Naira Real Estate Mogul
Kehinde Muibi, also widely known as Dr. MKH, is a truly great example of how someone can rise from very humble beginnings to become a top Nigerian entrepreneur. His journey …
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AfricaBusinessBusiness InsightsDevelopmentEntrepreneurshipInnovationINVESTMENTLeadershipMarketsNigeriaReal EstateSpotlightWestern Africa
Sijibomi Ogundele: Sculpting Luxury into Lagos’ Skyline with Sujimoto
In the competitive and ever-evolving landscape of Nigerian real estate, certain individuals rise above the rest, their vision and ambition leaving an indelible mark on the cityscape. Sijibomi Ogundele, the …
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BusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsNigeriaReal Estate
SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
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AfricaDevelopmentInfrastructureNewsNigeriaPoliciesReal Estate
Stakeholders Push for High-Rise Buildings as Solution to Nigeria’s Slum Crisis
Housing experts and urban planners are calling for a shift towards high-rise residential developments as a long-term solution to Nigeria’s housing deficit and the growing crisis in informal settlements. They …
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The Federal Government is set to launch a Green Mortgage Scheme in collaboration with the German Development Cooperation (GIZ) to promote energy-efficient and climate-smart housing in Nigeria. This initiative was …
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DevelopmentEducationEnvironmentGOVERNMENTNigeriaPoliciesReal Estate
CORBON, CIOB Sign Pact to Boost Professionalism in Nigeria’s Construction Sector
The Council of Registered Builders of Nigeria (CORBON) and the Chartered Institute of Building (CIOB), a UK-based global professional body for construction management, have signed a Memorandum of Understanding (MoU) …