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NIGERIA’S REAL ESTATE MARKET: A SMART MOVE OR A RISKY GAMBLE FOR INVESTORS? BY Dennis Isong

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3 years ago

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NIGERIA'S REAL ESTATE MARKET: A SMART MOVE OR A RISKY GAMBLE FOR INVESTORS? BY Dennis Isong

NIGERIA’S REAL ESTATE MARKET: A SMART MOVE OR A RISKY GAMBLE FOR INVESTORS? BY Dennis Isong

 

 

Felix was a savvy businessman with a keen eye for investment opportunities. One day, he heard about the growing Nigerian economy and the potential for real estate development in the country.

 

 

 

NIGERIA'S REAL ESTATE MARKET: A SMART MOVE OR A RISKY GAMBLE FOR INVESTORS? BY Dennis Isong

 

 

 

 

Felix did his research and discovered that Nigeria’s population was rapidly expanding, and there was a shortage of housing to accommodate the growing population. He saw this as a huge opportunity to invest in real estate development in the country.

 

 

 

 

 

 

 

 

 

Without hesitation, Felix invested a significant portion of his savings into a real estate project in Nigeria. The project involved building new homes and apartments in a rapidly developing area of the country.

 

Despite some initial setbacks and challenges, Felix’s investment paid off in the long run. The demand for housing in Nigeria continued to increase, and the value of Felix’s properties appreciated significantly. He was able to sell some of the properties at a huge profit, while renting out the others for a steady stream of passive income.

 

Throughout the process, Felix had been very smart, doing proper due diligence, researching the market and builder reputation, which made sure his investment was in the right hands and well-informed.

 

Years later, as he looked back on his decision to invest in real estate in Nigeria, Felix couldn’t help but smile. He had not only made a significant financial return on his investment, but he had also played a small part in helping to meet the housing needs of the growing Nigerian population. And he never regreted his decision to invest in Nigerian real estate.

 

WHAT ARE THE POTENTIALS?

 

  1. Potential for high returns: Investing in real estate in Nigeria, especially in cities like Lagos, can offer investors the potential for high returns on their investment.

 

  1. Appreciation of property value: Property values in Lagos and other major Nigerian cities have been steadily increasing over time, which can lead to significant appreciation in the value of a real estate investment.

 

  1. High demand for rental properties: There is a high demand for rental properties in Lagos, making it a good opportunity for investors to earn passive income through rental income.

 

  1. Access to professional real estate services: By working with a reputable realtor in Lagos, investors can access professional real estate services such as property management, market analysis, and legal support.

 

  1. Diversification of investment portfolio: Investing in real estate in Nigeria can provide investors with the opportunity to diversify their investment portfolio, thereby reducing their overall risk exposure.

 

 

  1. Tax benefits: As a real estate investor in Nigeria, you may be eligible for various tax deductions and credits, which can help to reduce your overall tax liability and increase your investment returns.

 

  1. Stability: Real estate investments tend to be relatively stable compared to other types of investments. This can provide a sense of security for investors, knowing that their investments are not likely to fluctuate as much as stocks or other forms of investments.

 

  1. Leverage: Real estate investments can be leveraged, meaning that you can use a smaller amount of your own money to control a larger property. This can allow you to gain greater returns on your investment, but also increases the risks involved.

 

  1. Forced savings: Real estate investments require regular payments, such as mortgage payments or rent, which can help investors to save money over time.

 

  1. Local knowledge: Working with a local realtor in Lagos can give you an inside knowledge and understanding of the local market trends, which can help you make better investment decisions.

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

 

 

 

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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US-Based Society Lady, Fehintola-Brat Extends Eid-El-Kabir Greetings To Muslims

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1 day ago

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May 27, 2026

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US-Based Society Lady, Fehintola-Brat Extends Eid-El-Kabir Greetings To Muslims

 

 

United States based fahionista of class, Chief (Mrs) Ayoola Fehintola-Brat has extended a warm greetings to Muslim faithful all over the world on the occasion of the 2026 Eid-El-Kabir celebration.

 

 

 

 

Fehintola-Brat who is the Balogun Egbe Obaneye Obinrin  Akile Ijebu, and the Yeye Asofin of Idenaland in her message to Journalists urged Muslim to continually uphold the enduring values of sacrifice, obedience, faith, and compassion, which are central to the significance of Eid-El-Kabir festival.

 

 

 

 

A quiet philantropist whose humanitarian services has won her several laurels urged Muslims to use the spiritual occasion to pray for the peace co-existence of Nigerians regardless of religious, social and political leanings stressing that the oneness of the country should not be underplay.

 

 

 

 

In a related development, she expressed her felicitations to all sons and daughters of Ijebuland on the forthcoming Ojude Oba 2026 celebration, tasking age-groups otherwise known as Regbregbe to be more proactive in giving back to their immediate communities.

 

 

 

 

According to her, the beauty of the age-groups in Ijebuland is the need to contribute immensely to the development of the land in no small means. “This we will continue to achieve with God on our side”, she concluded.

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Sallah: Obasa Felicitates Muslim Ummah, Commends Nigerians for APC Primaries Turnout

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1 day ago

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May 27, 2026

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Sallah: Obasa Felicitates Muslim Ummah, Commends Nigerians for APC Primaries Turnout

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has extended warm felicitations to Muslims in Lagos State and across Nigeria on the occasion of Eid al-Adha.

In a statement released by his Chief Press Secretary, Mr. Dave Agboola, Obasa described the festival as a season of sacrifice, reflection, and gratitude, urging the faithful to continue to uphold the values of peace, unity, and love that strengthen the nation.

He noted that the celebration of Eid al-Adha is not only a spiritual milestone but also a reminder of the importance of togetherness and collective responsibility in building a stronger society.

He, likewise, emphasized that the festival provides an opportunity for Nigerians to renew their commitment to national progress and to support leadership that prioritizes development and prosperity.

Obasa, however, commended Nigerians, particularly members of the All Progressives Congress (APC), for their massive turnout during the recently concluded party primaries. He described the participation as a clear demonstration of the people’s confidence in the government of President Bola Ahmed Tinubu and their belief in the administration’s vision for a greater Nigeria.

“The APC primaries have shown the resilience of our democracy and the confidence Nigerians have in the leadership of President Bola Ahmed Tinubu and the Renewed Hope Agenda. This is a strong message that our people are ready to continue supporting policies that will drive growth and prosperity,” Obasa stated.

The Speaker further encouraged Muslims to celebrate responsibly, stressing that the joy of Eid should be accompanied by prayers for the continued peace and progress of Lagos State and Nigeria.

“As you celebrate with family and loved ones, may this season bring joy, peace, and prosperity to your homes. Let us remain united in our resolve to build a stronger nation,” he added.

On behalf of the Lagos State House of Assembly, Obasa wished all Muslims a happy and fulfilling Eid al-Adha celebration.

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ABEOKUTA FILM FESTIVAL AT ILEYA 

Published

2 days ago

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May 26, 2026

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ABEOKUTA FILM FESTIVAL AT ILEYA 

 

Kayshow Multimedia a filmmaking and Media organization this year 2026 holds its annual Abeokuta film festival at the Ake Palace in Abeokuta.

 

Alake of Egba land, Ọba Michael Adedotun Arẹmu Gbadebo has graciously endorsed the Free Training of Egba Youths on Film and Arts and the Entertainment of the the People with a FREE FILM SHOW at the AKE PAVILION. as part of the ABEOKUTA FILM FESTIVAL 2.0.

 

 

The Convener of the Film Festival Honorable Kehinde Soaga says this year’s event promises to be more exciting as distinguished personalities are sure to attend.

 

This includes the honorable Minister for Art Culture and Creative Economy in Nigeria, Barr. Hannatu Musa Musawa, Ààrẹ Lai Labode, Sen. Ibikunle Amosun and other special guests.

 

The event will feature Film, Cultural Dance Cultural foods and Award Ceremony.

 

The general public is hereby invited to the Free film show at the Abeokuta film festival at the Alake Palace Pavilion on Thursday 28th of May 2026 by 4:00 p.m.

 

Only well dressed is the Entry. The Abeokuta Film Festival is an annual event taking place in the capital city of Ogun State state.

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