Krent Media

Nigeria, despite not facing armed conflict like some countries, has the highest homelessness rate in Africa. Around 24.4 million Nigerians lack a place to call home. Egypt follows with an estimated 12 million homeless people.   Homelessness is a global issue, Africa included. While some regions face displacement due to conflicts, in Nigeria, urbanization and […]

It’s acknowledged that real estate can be complex, demanding a deep understanding of its nuances and evolving trends for informed investment decisions. Experts have pinpointed five major trends expected to significantly impact the real estate sector throughout 2024. They emphasize that comprehending and adapting to these trends will assist investors and home buyers in navigating

On Sunday, January 21st, a fierce fire destroyed the well-known 10-story Mandilas Building on Broad Street, Lagos Island, causing losses of over N10 billion. The incident happened around 1:15 p.m. when businesses were closed. The fire originated in a warehouse on the first floor and spread to other levels. In a recent interview, Agu Versace,

The real estate and construction sectors have witnessed an increase in bank borrowings, but this has not resulted in additional housing stocks due to inflation and currency rate volatility. Experts warn of a possible disaster as developers struggle to repay debts. Inflation and exchange rate difficulties are harming industries, increasing the cost of imported supplies

According to a recent report, the cement sector is predicted to improve in 2024 as a result of the Presidency’s increase in infrastructure budget to N1.32 trillion and the establishment of the Infrastructure Support Fund (ISF). The Federal Government’s emphasis on building concrete roads across the country may hike cement costs to N9,000 per 50-kilogram