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CORBON to adopt building information modeling

To boost professional standards, the Council of Registered Builders of Nigeria (CORBON) has concluded plans to adopt Building Information Modeling (BIM) system in the construction industry. The council also intends to set a high standard for professional services in the built environment that would guarantee better and faster project delivery, reduce wastages and costs in […]

Experts canvass improved funding for affordable housing

To bridge the housing deficit, some players in the sector have canvassed the need for authorities to build decent and affordable houses for the low and middle-income groups. They say, making funds available to real estate developers and mortgage institutions to develop low-cost houses for the masses can bring a change to the industry. They […]

Paucity of funds delay Lagos’ Adeniji Adele redevelopment scheme

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele, one of the fast approaching slums communities in Lagos Central Business District, it appears the project has hit the brick walls due to the paucity of funds. The Adeniji Adele redevelopment project was first identified for regeneration during the Raji […]

Paint makers worry over Africa free trade agreement

The last is yet to be heard about Nigeria’s signing of the African Continental Free Trade Area (AfCFTA) and its brutal effects on the manufacturing sector, as paint makers are worried that the new deal could worsen their plight. President Muhammadu Buhari signed the landmark agreement at the African Union (AU) summit in Niger two […]

Concerns over reclamation, dredging in Lagos

Amid a growing spate of dredging and reclamation activities in several parts of Lagos State, experts have called for caution, as the enormity of such activities along the commercial capital shorelines is capable of causing havoc on buildings and infrastructure. But developers and state officials assure that adequate assessments have been made and such activities […]

Experts list strategies for sustainable real estate growth

To achieve sustainable growth in the nation’s real estate sector, stakeholders have listed ways in which the industry could overcome its temporary setbacks. They noted that the sector is still recovering with a contribution to the national Gross Domestic product staggering between one and two percent. According to them, the development of a modern mortgage […]

CITES lifts ban on rosewoods, related tree species exports

169 Parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), including Nigeria have adopted decisions and resolutions advancing the conservation and sustainable use of wildlife across the globe. Governments had submitted 56 new proposals to change the levels of protection that CITES provides for species of wild animals […]

Real Estate: The safest investment option in Nigeria

Someone once told me to forget about building wealth if I wasn’t willing to take the risk of investing in long-term ventures. They are typically two types of investments; long-term investments and short-term investments. Each option comes pros and cons. Typically, the economy you find yourself in determines the sort of business you should invest […]

6 Effective Sales Strategies to Close Deals Faster

The way consumers make purchasing decisions is constantly changing, so it’s important to continually reevaluate your sales strategy with your staff. Selling any type of product or service can be a fine line to walk–you have to find that perfect balance between being persuasive but not arrogant or annoying. This takes careful planning, but fortunately […]

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