Dangiwa Advocates for Review of ARCON Act

Ahmed Dangiwa, the Minister of Housing and Urban Development, has urged for the revision of the Architects Registration Council of Nigeria (ARCON) Act 2004. He made this appeal during the recent inauguration of the reconstituted 14th Council of the Architects Registration Council of Nigeria in Abuja. Dangiwa emphasized the need for a thorough review of the ARCON Act to bring…

Architects Advocate for Eco-Friendly Building Practices

Architects are urging for a shift towards construction practices that prioritize the environmental needs of Lagos. This was the central focus of the annual Lagos Architects Forum, held from May 8th to May 11th, 2024, in Lagos, under the theme ‘Lagos Resilience and Climate Adaptation’. In his keynote speech, Muyiwa Oki, President of the Royal Institute of British Architects, emphasized…

Interior Design Tips for Maximizing Real Estate Investments

In the world of real estate, every property holds untapped potential waiting to be unlocked. Whether you are a homeowner looking to sell or an investor seeking to maximise returns, understanding the role of interior design can make a significant difference in the value of your investment. From small upgrades to major renovations, strategic design choices can transform a property…

IMF Reports Interest Rate Hikes Impacting Housing Markets

The International Monetary Fund (IMF) has reported that the recent interest rate increases by central banks, aimed at controlling inflation, are hindering the growth of housing markets and making mortgages less accessible. This analysis was part of the IMF’s Global Economic Outlook released during the IMF/World Bank Spring Meetings, under the theme “Steady but slow: Resilience amid divergence.” The report…

The Benefits of Buying Estate Plots in Nigeria

Unlocking Opportunities: Investing in real estate, particularly estate plots, in Nigeria offers a myriad of benefits for individuals seeking lucrative opportunities and long-term financial security. With the country’s growing population, urbanization, and increasing demand for housing, purchasing estate plots presents a strategic investment choice that can yield significant returns. Here are some compelling reasons why buying estate plots in Nigeria…

6 Things to Consider When Exploring Rental Properties

Perusing through a rental agreement might leave you wondering about the extent of your freedoms within the confines of your new home. The guidelines governing residential rental properties aim to ensure landlords receive their properties back in the same condition as they rented them out. However, by communicating openly and respectfully with your landlord, you may find surprising flexibility in…

Top Cement Manufacturers in Nigeria

Nigeria’s thriving infrastructure development and construction projects underscore the pivotal role of cement manufacturing in driving economic growth. As the nation pursues its developmental goals, cement production remains crucial. In this overview, we highlight the top cement companies in Nigeria that have significantly impacted the country’s construction sector: Read also: Bungalow For SaleDuplexes For Sale In AbujaReal Estate Properties For…

Effect of insecurity on Nigeria Real Estate

The ramifications of insecurity on Nigeria’s real estate sector are intricate and far-reaching. 2. “Insecurity’s Toll on Nigeria’s Housing Inventory”: Read also: Top Tips for Renting: Understanding Month-to-Month Leases 3. “Evolving Factors Impacting Nigeria’s Residential Real Estate Sphere”: Read also: Mastering Home Previews: Essential Tips for Real Estate Agents 4. “Insecurity Aggravating Real Estate Crisis, Reports HDAN”: Read also: Ministry…

Top Tips for Renting: Understanding Month-to-Month Leases

Renting an apartment or house involves a significant commitment, typically outlined in a lease agreement specifying the rent amount and duration of occupancy. While a standard one-year lease is common, the idea of a month-to-month lease may appeal to those seeking flexibility. However, before opting for this arrangement, it’s crucial to understand its benefits, risks, and how to find such…