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The Nigerian property market continues to present substantial opportunities for investors and homebuyers alike, with urban centers like Lagos, Abuja, and Port Harcourt experiencing unprecedented growth in real estate development. However, navigating Nigeria’s property laws—particularly the Land Use Act—remains a significant challenge for many prospective buyers. As someone who has facilitated over ₦30 billion worth…
I want you to process this 🤔 you’re sipping coffee in your cozy London flat, scrolling through real estate listings of ocean-view apartments in Ikoyi, Lagos or gated estates in Abuja. Investing in Nigeria’s booming property market excites you—but where do you start? As a diaspora investor, navigating this dynamic market might seem daunting. However,…
In the dynamic world of Nigerian real estate, there are numerous terms and local jargon that buyers, sellers, and investors need to understand. However, one term, ‘Omo Onile,’ stands out due to its significant impact on property transactions. Whether you’re a first-time homebuyer or a seasoned real estate investor, understanding ‘Omo Onile’ is crucial to making informed decisions and avoiding potential pitfalls. According to the Nigerian Investment Promotion Commission, the country lost an estimated $10 billion in potential real estate investments between 2015 and 2019 due to land disputes and related insecurity.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
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