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Recognizing Market Potential in Lagos State Real Estate by Dennis Isong

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Recognizing Market Potential in Lagos State Real Estate by Dennis Isong

 

 

Recognizing Market Potential in Lagos State Real Estate by Dennis Isong

 

 

Lagos State, the economic hub of Nigeria and Africa’s biggest city, is a lively and fast-growing place with great potential for real estate investment. As a key center for business, finance, and culture, Lagos offers many opportunities for smart investors who want to benefit from the city’s growth. This article will look at the factors that show market potential in Lagos’s real estate sector and give tips on how to spot and take advantage of these opportunities.

 

Neighborhood Analysis

Analyzing specific neighborhoods within Lagos can provide valuable insights into real estate potential. Factors such as proximity to business districts, accessibility, safety, and amenities influence property values and investment attractiveness. For instance, areas like Victoria Island, Ikoyi, and Lekki are known for their upscale residential and commercial properties, while emerging neighborhoods like Yaba and Surulere are gaining attention for their potential. Investors should conduct thorough neighborhood analysis to identify high-growth areas and make informed investment decisions.

 

Rental Yield and Property Appreciation

Evaluating rental yield and property appreciation is crucial for assessing the profitability of real estate investments in Lagos. High rental yields indicate strong demand for rental properties, while consistent property appreciation reflects increasing market value. Investors should analyze historical data and trends to estimate potential returns on investment. Areas with high rental demand, such as student housing near universities and commercial hubs, often offer attractive rental yields and appreciation prospects.

 

Partnerships and Collaborations

Collaborating with local real estate professionals, developers, and financial institutions can enhance investment prospects in Lagos. Local partners possess valuable market knowledge, networks, and expertise that can help navigate the complexities of the real estate market. Joint ventures and partnerships can also provide access to larger projects and diversified investment opportunities. Investors should seek reputable and experienced partners to maximize their chances of success.

 

Economic Growth and Stability

Lagos is the financial nerve center of Nigeria, contributing a significant portion of the country’s GDP. The city’s robust economic growth, driven by diverse industries such as finance, technology, manufacturing, and entertainment, fosters a favorable environment for real estate investment. Investors should look for stable economic indicators, such as consistent GDP growth, rising employment rates, and increasing foreign direct investment (FDI), as signs of a thriving real estate market.

 

Population Growth and Urbanization

Lagos is one of the fastest-growing cities in the world, with a population that exceeds 20 million people. The city’s rapid urbanization is fueled by rural-urban migration, with individuals seeking better economic opportunities. This population surge creates a high demand for residential, commercial, and industrial properties. Investors should consider areas experiencing significant population growth and urban development, as these regions are likely to offer lucrative real estate opportunities.

 

Infrastructure Development

Infrastructure development is a key indicator of market potential in Lagos’s real estate sector. The state government’s commitment to improving infrastructure, including roads, bridges, public transportation, and utilities, enhances the city’s livability and attractiveness to investors. Projects such as the Lagos-Ibadan Expressway, the Lekki Free Trade Zone, and the Lagos Rail Mass Transit project are notable examples. Investors should monitor ongoing and planned infrastructure projects, as they often lead to increased property values and investment opportunities in adjacent areas.

 

Government Policies and Incentives

Government policies and incentives play a crucial role in shaping the real estate market in Lagos. Favorable policies, such as tax breaks, subsidies, and streamlined property registration processes, can significantly boost investor confidence and attract investment. The Lagos State Government’s initiatives to promote affordable housing, improve land administration, and enhance urban planning are positive indicators of market potential. Investors should stay informed about government policies and leverage available incentives to maximize their returns.

 

Technological Advancements

The adoption of technology in real estate is transforming the industry in Lagos. Innovations such as property technology (proptech), smart buildings, and digital real estate platforms are enhancing efficiency, transparency, and convenience in property transactions. The rise of fintech and e-commerce in Lagos also contributes to the demand for commercial real estate. Investors should look for opportunities in tech-enabled real estate ventures and stay abreast of technological trends that can drive market growth.

 

Market Trends and Consumer Preferences

Understanding market trends and consumer preferences is essential for recognizing real estate potential in Lagos. There is a growing demand for mixed-use developments, gated communities, and affordable housing. Additionally, the rise of co-working spaces and flexible office solutions reflects changing work patterns and preferences. Investors should conduct market research to identify emerging trends and tailor their investments to meet the evolving needs of consumers.

 

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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Elite 18 global golfers honours Aare Adetola Emmanuelking with Nigeria’s first ever Noble Golfer award

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Elite 18 global golfers honours Aare Adetola Emmanuelking with Nigeria’s first ever Noble Golfer award

In a landmark celebration of sportsmanship, leadership, and vision, Aare Adetola Emmanuelking, the esteemed Chairman and Chief Executive Officer of Adron Homes and Properties, has been honored with Nigeria’s inaugural Noble Golfer Award. This prestigious accolade was conferred upon him by the renowned Elite 18 Global Golfers during a high-profile event that brought together key figures from the sports, real estate, and business sectors.

The Noble Golfer Award recognizes individuals who have shown steadfast dedication to advancing the game of golf and promoting sports culture in their communities. Aare Emmanuelking’s nomination exemplifies his exceptional commitment to enriching the golfing landscape in Nigeria, alongside his broader initiatives aimed at fostering sports development across the nation.

Aare Emmanuelking is not merely a business leader; he is a pioneer in integrating golf into modern lifestyle experiences. Currently, he is leading the ambitious development of a state-of-the-art golf course in Nigeria a monumental project that aspires to redefine leisure, tourism, and sporting excellence within the country. This golf course aims to provide a premier playing experience while also serving as a social hub for golfing enthusiasts and the community at large.

In a bid to make golf more inclusive and accessible, Aare Emmanuelking has also initiated the construction of advanced golf driving ranges in all Adron Homes Estates across Nigeria. This visionary project is designed to encourage participation in the sport among Nigerians of all ages and backgrounds, fostering wellness, recreation, and community engagement as integral parts of Adron’s residential developments.

At the award presentation, Aare Emmanuelking conveyed his heartfelt gratitude for the recognition, emphasizing his belief in the transformative power of sports as a vehicle for national development and youth empowerment. He remarked, “Golf is not just a game; it exemplifies discipline, a distinct lifestyle, and a pursuit of excellence. Through Adron Homes, we are not merely constructing houses—we are nurturing communities built on the foundations of wellness, unity, and opportunity.”

The Elite 18 Global Golfers commended Aare Emmanuelking’s innovative approach, highlighting how he effectively merges real estate advancements with world-class sports infrastructure. They acknowledged that his efforts have the potential to inspire a new generation of golfers and to position Nigeria as a premier destination for international golfing events.

As Aare Adetola Emmanuelking continues to break new ground in both the real estate and sports development arenas, receiving this award serves as a testament to his lasting influence—not only in the realms of business but also in cultivating a legacy of excellence, one fairway at a time. His contributions are poised to create lasting change, inspiring future generations and fostering a vibrant culture of sport and community in Nigeria.

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WHO IS AFRAID OF FIDELITY BANK -By Udeme Etukeyen

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WHO IS AFRAID OF FIDELITY BANK -By Udeme Etukeyen

Leading up to the recent superlative annual reports showcasing one of the most significant growth experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right?

My banking and financial sector experience got me digging deeper into the statistics of the report-Fidelity Bank recorded a substantial 210.0% growth in PBT, reaching N385.2 billion in FY 2024. Deposits increased by 47.9%, from N4.0 trillion in 2023FY to N5.9 trillion in 2024FY, Gross earnings shooting by 87.7% to N1,043.4 billion which was primarily caused by a 106.9% increase in interest and similar income. Was I impressed? Absolutely

Now to the scary part, they opened the year with a bang implying that 2025 year end results was going to be nothing but spectacular; check this out-Fidelity reported a whooping 167.8% increase in PBT (Profit Before Tax)to N105.8 billion in Q1 2025, compared to N39.5 billion in Q1 2024. Gross earnings from January to April had reached some N315.421 billion signaling a 64.21% increase year-on-year.

These results were nothing short of astonishing and with great hope I sat my team to review our Investment Strategy to accommodate taking up equities in Fidelity and advising our portfolio investors to do same.

We quickly appraised the fundamentals and Key Success Factors to include their focus on the strategic youth economy that the Creative and Digital Transformation sector promises, the banks bullish inroads in MSME promotion and financing, their glowing penchant for Gender inclusion without abandoning the core sectors of Mining, Renewables and other key industries

Then came the dissecting of Leadership, my team of analysts mostly female went on about Fidelity MD being one of the most experienced and affable Amazons in the industry; done this, achieved that and all the entreaties you’d expect from smart ladies who feel mentored from a distance. I didn’t hesitate to draw their attention to the experience of the menfolk within the organization like I had any measurable data to establish that mix…truth remains you can’t but admire the Banks Leadership and strides

A deeper look at the banks expansion globally could reveal a strategic and noiseless acquisition of Union Bank,London and their planned incursion into African and other European financial markets, you just can see that such daring strides and impact would give competition and detractors sleepless nights. Not in an era where sleeping pills are sold strictly by prescription and no thanks to the high cost of medication for peddlers of cheap propaganda

Within barely 30days of announcing such magnificent results little wonder how pundits would cook or spin a narrative to suggest a bank that has announced herself as First Tier with shoulders leveled up with other Banking giants would shudder over a judgement against her customer G.Cappa or even the contribution they would be required to cough out over that said Sagecom saga. With that judgement not going the way of pundits a contemptuous attempt at calculating interest at unclassified rates from an initial N14b to cause an unnecessary scare or negative press on the bank speaks volumes of how we unrepentantly strive to destroy value in our economy.

One would think that interpretation of the judgment and computation of due figures which will understandably come with a payment plan be awaited instead of the usual bad blood generated and envisaged by toddler media characters.

It is not in doubt that the discerning public sees through the cruise and flat falling attempt of dramatic clout chasers ever ready to stain Fidelity’s white apparel which savvy Investors and analysts are filled with bridal admiration

Like Joseph Campbell hinted in his famous quote “The cave you fear to enter holds the treasure you seek.” We cast our treasures and bets on Fidelity Bank as the Nigerian treasure house to beat in the years ahead!

*Udeme Etukeyen is an Abuja based Pan African Investment Advisory Expert*

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Jemras Homes Unveils Treasure Mall in Lekki with a Star-Studded Grand Opening Ceremony

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Jemras Homes Unveils Treasure Mall in Lekki with a Star-Studded Grand Opening Ceremony

Jemras Homes, one of Lagos’ fastest-growing real estate firms, held a vibrant and star-studded grand opening of its debut commercial property, Treasure Mall, on Thursday, May 15, 2025, at Abijo GRA, Lekki-Ajah.

The colourful ceremony brought together top political figures, industry leaders, celebrities, and business stakeholders to celebrate the launch of this landmark development.

The event was graced by notable personalities, including Hon. Moshood Aro, member of the Lagos State House of Assembly; Hon. Fatiu Salisu, the immediate past Chairman of Ijede LCDA; and veteran actor and brand ambassador of Jemras Homes, Alhaji Taiwo Hassan, popularly known as Ogogo.

While addressing the press, Ogogo shared his deep connection with the brand “My relationship with Jemras Homes goes beyond mere brand representation — it’s a partnership rooted in trust, shared values, and a commitment to excellence. I believe in what the company stands for and the vision it’s bringing to life in the Nigerian real estate space.”

The Founder of Jemras Homes, Mr. Tayo Razaq, also delivered a heartfelt speech during the event, describing the company’s mission and the long-term value Treasure Mall offers “Treasure Mall is more than a building — it is a statement of our dedication to quality, innovation, and strategic investment. We are creating not just spaces, but opportunities that empower businesses and elevate communities.”

The grand opening was a lively affair, complete with music, entertainment, and testimonials from satisfied clients and partners who praised the transparency, quality, and professionalism of Jemras Homes. The atmosphere reflected the company’s growing reputation for delivering smart and stylish real estate developments.

Treasure Mall is a 1,350-square-meter, three-floor commercial complex offering business spaces ranging from 25 to 110 square meters. Located in the heart of Lekki’s flourishing Abijo GRA, it features ample parking, 24/7 security, and cutting-edge infrastructure — ideal for retail outlets, cafés, restaurants, and office spaces.

Strategically positioned near landmarks such as Lagos Business School, Novare Mall, and over 15 private estates, Treasure Mall also shares a boundary with the soon-to-be-completed Treasure 2 Residence — adding significant residential appeal to the area.

With this successful launch, Jemras Homes has not only unveiled a premium commercial destination but also reinforced its position as a visionary leader in Nigeria’s real estate sector.
[5/16, 8:41 AM] Peace: Pix

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