Tag: Real Estate in Nigeria

Africa Exclusive: Property Investment in Lagos, Nigeria

Real estate investment in Nigeria is a topic that’s rare to come-by. It’s no secret that the Nigerian economy is booming. With a population of nearly 170 million and a need for 700,000 new housing units every year, buyers from all walks of life are flocking to invest there. According to AfricaRanking.com, Nigeria is the largest economy in Africa and grew by 89% in twenty years from 1990 to 2010. If you’re thinking about renting a property; a one bedroom apartment in Lagos City Centre used go for about $680 per month in 2010, now in excess of $1,100 Buying Property in Lagos, ... Read more