The President of the Council for the Regulation of Engineering in Nigeria, Professor Sadiq Abubakar, has called for enhanced regulatory frameworks to address the persistent failures in engineering infrastructure across Nigeria. Speaking at the 32nd Engineering Assembly held in Abuja recently, Abubakar emphasised the need for stricter regulation and oversight to prevent incidents, such as building collapses and other structural…
A Knight Frank report has stated that office rental growth across Nigeria was affected by an oversupply of office space. “Notably, the prime offices’ occupancy levels in Lagos and Abuja stand at over 80 per cent. Despite this return in demand, office rental growth across Nigeria is being tempered by an oversupply of office space, especially in Lagos. “For instance,…
Nigeria experienced approximately 604 building collapses from 1974 to May 30, 2024, as per the latest report from the Building Collapse Prevention Guild (BCPG). The report reveals that Lagos State accounts for 57.28% of these incidents, with over 346 buildings collapsing in the last five decades. The BCPG report highlights, “Building collapses have been a major issue in Nigeria over…
Embarking on a real estate journey in Nigeria is an exciting venture that requires careful planning and consideration. Whether you’re a first-time homebuyer, a seasoned investor, or someone looking to upgrade their living space, setting clear real estate goals is crucial for a successful and fulfilling experience. In this guide, we’ll explore key real estate goals for clients in Nigeria,…
In the realm of Nigerian real estate, a crucial document stands as a testament to property ownership and legality – the Certificate of Occupancy (C of O). This legal instrument, often abbreviated as R of O (Right of Occupancy), plays a pivotal role in defining and safeguarding property rights. In this article, we delve into the significance, process, and implications…
Mimi Orjiekwe, a renowned figure in the Nollywood film industry and an accomplished interior designer, has embarked on a thrilling new venture within the real estate sector with the introduction of FBM Luxury Apartments.
The process of finding the perfect property to buy or rent entails considering a multitude of factors: location, amenities, size, and cost, among others
In a dynamic real estate market, partnering with a real estate professional is not only essential but also a wise investment.
Retirement is a significant milestone that calls for careful financial planning to ensure a comfortable and secure future. While traditional investment options like pensions, stocks, and mutual funds play a vital role, more and more retirees are recognizing the value of including real estate in their retirement portfolios. Investing in real estate offers unique advantages that can help build a…
The capital city of Nigeria, Abuja, is home to some impressive buildings. As the seat of power and a planned city made for prestigious people—it’s no surprise that its streets are lined with grand structures.Even yet, there are some types of buildings that make you question who owns them and how much money was spent on them. People are constantly…
