NIGERIA – AFFORDABLE LUXURY REAL ESTATE IN NIGERIA TRIGGERS AN UNEXPECTED CHANGE IN DEMAND
Real estate practitioners have high hopes in Nigeria’s real estate, as the luxury segment of the market is showing a slight recovery with significant lifestyle changes in work, home, and play patterns. Prices of luxury properties have climbed steadily over the last few months in the luxury markets in major cities such as Lagos and […]
2021 NIGERIA REAL ESTATE MARKET OUTLOOK
The country’s foreign reserves have been under pressure in face of dwindling oil earnings and reduced capital inflows from risk-averse foreign investors. The decline in oil prices was largely driven by weakened crude oil demand, the global pandemic and the oil price war between Russia and Saudi Arabia. The external reserves have been $32 to […]