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The aim is to tackle once and for all issues of quackery and to sanitize the real estate industry in Nigeria The National Secretariat. In order to facilitate its work, with special regards to the training of members and corporate development, the institution operates a National Secretariat at: J. W. Epkenyong Street, Gaduwa Junction, Durumi, Abuja.
CW Real Estate was founded in 2018 by Adelani Adewuyi. [3] In January 2023, Leadership Newspaper listed CW Real Estate as one of the "leading real estate firms". [4] [5] CW Real Estate offers off-market listings, providing clients with opportunities and access to properties that are not publicly available. [6]
Lagos State Development and Property Corporation is a state government owned corporate entity that builds, rents and sells houses to low, medium and high income families in Lagos. Some of the structures developed by the company include: Dolphin Estate , Falomo Shopping Complex and multi family apartments in Iba, Isolo, Abesan and Amuwo Odofin.
Property Cycle Clock. A property cycle is a sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market.
The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is an integrated stock exchange group in Africa founded in 1961 in Lagos.Following the demutualization of the NSE in 2021, NGX Group now has 3 subsidiaries - Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation (NGX RegCo, the independent regulation company; and NGX Real Estate (NGX RelCo).
Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [56] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.
Real estate is a major driver of the Abuja economy. This correlates with the considerable growth and investment the city has seen as it has developed. The sources of this investment have been both foreign and local. The real estate sector continues to have a positive impact on the city, as it is a major avenue for employment. [85]
Indeed, GNP per capital per year decreased 4.8 percent from 1980 to 1987, which led in 1989 to Nigeria's classification by the World Bank as a low-income country (based on 1987 data) for the first time since the annual World Development Report was instituted in 1978.