Cement Sector to Bounce Back, Prices on the Rise

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 […]

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Environmental Group Decries Estate Construction On Forest Reserve in Oyo

The Nigerian Conservation Foundation (NCF) has criticised the Oyo State government’s proposal to clear Agodi Phase 2 of the Ogunpa Forest Reserve for an estate. The NCF’s director general, Joseph Onoja, expressed his concern at the foundation’s annual general meeting in Lagos, emphasising the necessity of raising awareness to protect Nigeria’s rich wildlife. Onoja emphasised

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Group protests high rent in cities, seeks relief for residents

Lagos Housing Estate The Take-It-Back Movement (TIB), a civil society group, is expressing concern about the high rents affecting households’ incomes nationwide. In a peaceful protest in Lagos, particularly focusing on Lagos Island, the group criticized the unaffordable housing costs for the general population. Due to high inflation, the prices of essential building materials have

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How to get the best real estate deals in Nigeria

Navigating the Nigerian real estate market, especially in these dynamic times, can feel like navigating a maze. Prices fluctuate, properties move between scarcity and abundance, and buyer preferences seem to shift with the wind. This guide aims to equip you with the tools and insights to decode the current market and make informed decisions that

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Developers cry out about high operational costs; avoids these…

Amid a decrease in new commercial projects, more developers are avoiding turnkey projects due to high costs and operational challenges. Turnkey projects involve a contractor overseeing all stages, from planning to construction, under one contract. Despite being a practical option in the past, these projects are seeing less interest. Previously, turnkey solutions were popular for

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LASRERA, EFCC to Combat Real Estate Fraud in Lagos

The Lagos State Real Estate Regulatory Authority and the Economic and Financial Crimes Commission have announced that they will be collaborating to curb fraudulent practices in the real estate sector. LASRERA & EFCC Officials (CREDIT:: Lagos State Government) This happened after a visit from the Special Adviser to the Lagos State Governor on Housing, Barakat

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Real Estate Transactions Made Easy by Krent, read how

In Nigeria, the real estate industry is a bustling, dynamic space where transactions happen day in, day out. It’s a world of opportunities and challenges, a sphere where property owners, agents, and buyers converge, each with their own unique set of needs and aspirations. But what if we told you that all these real estate

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Pioneering the Real Estate Future In Nigeria With Krent

Evolutions have always been synonymous with great change, transforming landscapes, and altering the course of history. Well, the real estate industry in Nigeria has certainly experienced its fair share of evolution The roots of real estate in Nigeria can be traced back to the pre-colonial era, where traditional societies had their unique land ownership systems.

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The Future of Nigerian Real Estate and How Krent Seeks To Shape It

Did you know that Nigeria’s population is to exceed 401 million by 2050? This was estimated by the United Nations. It’s a staggering figure that solidifies Nigeria’s position as one of the world’s most populous countries. But what does this mean for the real estate market? Well, the answer is clear: it’s about to experience

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