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FG Sets 12% Interest Rate for N1trn Housing Loans

FG Sets 12% Interest Rate for N1trn Housing Loans   The Federal Government has announced a N1 trillion real estate funds aimed at facilitating home ownership through the provision of low-interest loans at a 12per cent interest rate. This initiative is designed to make housing more...

Real Estate Now Third Largest Sector Surpassing Oil, Gas

Real Estate Now Third Largest Sector Surpassing Oil, Gas In a major shift in Nigeria’s economic landscape, real estate has now surpassed oil and gas to become the country’s third-largest sector, according to the latest data from the ongoing GDP and CPI rebasing process. This re-basing...

NEOM: Saudi Arabia’s New Mega City of Immense Potential By Zekeri Idakwo Laruba

Imagine a city that defies the impossible, a metropolis that rises from the sands of time, a place where innovation meets tradition, and the future beckons. NEOM, the mega city of tomorrow, is in the desert kingdom of Saudi Arabia. 

Saudi Arabia Vision 2030: Transforming Housing Sector Through Crucial Investments By Zekeri Laruba Idakwo

I have witnessed unprecedented development in Saudi Arabia, which has surpassed its Middle Eastern counterparts in the kingdom's commitment to enhancing citizens' lives. While many regional countries prioritise investments in conflict, terrorism, and reliance on oil, Saudi Arabia stands out for its futuristic-thinking approach. 

PropTech: Technology For Real Estate Transparency, by Inyene Ibanga

PropTech: Technology For Real Estate Transparency, by Inyene Ibanga   Technological innovations have eased the way things are done across the work-life environment globally. Every facet of human activity is becoming increasingly powered by digital technology. As it is obtainable in diverse industries, technology is also impacting...

Senate Passes Real Estate Regulatory Council Bill

Senate Passes Real Estate Regulatory Council Bill   The Senate on Wednesday passed a bill to establish the Real Estate Regulatory Council of Nigeria. The council, when established would, among others, curb fraudulent practices to ensure that the real estate business conforms with the National Building Code...