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FirstBank, MTN, and the Corporate Shift to Eko Atlantic—What It Means for Lagos Economy

Eko Atlantic City stands as one of Africa’s most ambitious urban development projects, designed to serve as a financial hub and a modern metropolis that addresses Lagos' chronic infrastructure challenges. The city, built on reclaimed land from the Atlantic Ocean, offers state-of-the-art infrastructure, world-class business amenities, and an environment conducive to corporate growth.

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Latest News

Real Estate News in NIgeria
World Bank Approves $500M Loan to Boost Nigeria’s Economy
World Bank Approves $500M Loan to Boost Nigeria’s Economy
Vice President Kashim Shettima calls for a comprehensive review and update of Nigeria’s Land Use Act
Vice President Kashim Shettima calls for a comprehensive review and update of Nigeria’s Land Use Act
Court Orders Rivers State Government to Pay ₦1.1 Billion Compensation for Unlawful Demolitions
Court Orders Rivers State Government to Pay ₦1.1 Billion Compensation for Unlawful Demolitions
Lagos To Expand Rail Network With Strategic Redesign of Oshodi Transport Interchange
Lagos To Expand Rail Network With Strategic Redesign of Oshodi Transport Interchange
Ibadan Airport Upgrade to Boost Trade, Tourism, and Regional Connectivity
Ibadan Airport Upgrade to Boost Trade, Tourism, and Regional Connectivity
Federal Government Explores Public-Private Partnerships to Modernize Land Registration in Nigeria
Federal Government Explores Public-Private Partnerships to Modernize Land Registration in Nigeria
Lagos Increases Housing Allocation by 81.7% to N101.6 Billion in 2025 Budget
Lagos Increases Housing Allocation by 81.7% to N101.6 Billion in 2025 Budget
Lagos State’s Economy Soars to $259 Billion GDP, Becoming Africa’s Second-Largest Investment Hub
Lagos State’s Economy Soars to $259 Billion GDP, Becoming Africa’s Second-Largest Investment Hub
Lekki Airport Development Advances with Upcoming Site Inspection
Lekki Airport Development Advances with Upcoming Site Inspection
FG to Generate N300 Billion from Affordable Housing Sales
FG to Generate N300 Billion from Affordable Housing Sales
Nigeria’s Renewed Hope Housing Project: FG Commences 1,250 Unit Construction Across Four States
Nigeria’s Renewed Hope Housing Project: FG Commences 1,250 Unit Construction Across Four States
FEC Approves Over N660 Billion for Major Road and Health Projects Across Nigeria
FEC Approves Over N660 Billion for Major Road and Health Projects Across Nigeria
Tinubu Approves N147.9 Billion for Oyo-Ogbomoso Road Completion
Tinubu Approves N147.9 Billion for Oyo-Ogbomoso Road Completion
FMBN Records Major Milestone: N71.5 Billion Mortgage Loans Approved in 2024, Up from N39.7 Billion in 2023
FMBN Records Major Milestone: N71.5 Billion Mortgage Loans Approved in 2024, Up from N39.7 Billion in 2023
FG Urges Cement Manufacturers to Cut Prices Amid Economic Stability
FG Urges Cement Manufacturers to Cut Prices Amid Economic Stability
Federal Housing Ministry Receives ₦50 Billion budget increase to Boost Nigeria’s Housing Sector
Federal Housing Ministry Receives ₦50 Billion budget increase to Boost Nigeria’s Housing Sector
Nigeria's Federal Mortgage Bank Increases Loan Limit to ₦50 Million to Support Homeownership
Nigeria's Federal Mortgage Bank Increases Loan Limit to ₦50 Million to Support Homeownership
Lagos State Government Takes Action Against Estate Mismanagement
Lagos State Government Takes Action Against Estate Mismanagement
Mortgage Bank of Nigeria Partners with Federal Ministry to Deliver 100,000 Affordable Housing Units
Mortgage Bank of Nigeria Partners with Federal Ministry to Deliver 100,000 Affordable Housing Units
FG Rethinks Abuja Runway Project as Contract Cost Soars to ₦532 Billion
FG Rethinks Abuja Runway Project as Contract Cost Soars to ₦532 Billion
Lagos Government Issues 7-Day Deadline to Remove Illegal Structures Under Power Lines
Lagos Government Issues 7-Day Deadline to Remove Illegal Structures Under Power Lines
FHA Halts Construction in Abuja Estates, Sets Deadline for Approval Compliance
FHA Halts Construction in Abuja Estates, Sets Deadline for Approval Compliance
Nigeria’s Plans for Affordable and Sustainable Housing Unveiled at Saudi Real Estate Forum
Nigeria’s Plans for Affordable and Sustainable Housing Unveiled at Saudi Real Estate Forum
Nigeria, South Africa, and Egypt to Lead Africa’s Economic Growth in 2025 Says United Nations
Nigeria, South Africa, and Egypt to Lead Africa’s Economic Growth in 2025 Says United Nations
FG Invests ₦89.2 Billion in Roads, Schools, and Security in FCT
FG Invests ₦89.2 Billion in Roads, Schools, and Security in FCT
Federal Government Launches Plan to Build 10,000 Homes for Medical Professionals Across Nigeria
Federal Government Launches Plan to Build 10,000 Homes for Medical Professionals Across Nigeria
FHA Cracks Down on Unauthorized Developments in Lagos, Grants 3-Month Amnesty
FHA Cracks Down on Unauthorized Developments in Lagos, Grants 3-Month Amnesty
Housing Ministry Pushes for ₦360 BILLION Budget to Boost Affordable Housing and Infrastructure
Housing Ministry Pushes for ₦360 BILLION Budget to Boost Affordable Housing and Infrastructure
Nigeria Partners with BRICS to Boost Economy, Employment, and Living Standards
Nigeria Partners with BRICS to Boost Economy, Employment, and Living Standards
World Bank projects Nigeria’s economy to grow by 3.5% in 2025, 3.7% in 2026
World Bank projects Nigeria’s economy to grow by 3.5% in 2025, 3.7% in 2026

EDITORIALS

Real Estate Guides in Nigeria
Japa Plans Cancelled? How Stricter Visa Policies in UK, Canada, and the US Impact Housing Demand in Nigeria
Japa Plans Cancelled? How Stricter Visa Policies in UK, Canada, and the US Impact Housing Demand in Nigeria

As popular migration destinations such as the USA, UK, and Canada tighten their requirements, many Nigerians are forced to rethink the “Japa” dream. Stricter visa policies are not only halting plans to relocate abroad—they’re also fueling an increase in housing demand across Nigeria.

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FirstBank, MTN, and the Corporate Shift to Eko Atlantic—What It Means for Lagos Economy
FirstBank, MTN, and the Corporate Shift to Eko Atlantic—What It Means for Lagos Economy

Discover the economic impact of FirstBank and MTN relocating their headquarters to Eko Atlantic. Learn how this move affects Lagos' job market, real estate, and investment landscape.

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FirstBank’s 40-Storey Headquarter to Become Nigeria’s Tallest Building in Eko Atlantic
FirstBank’s 40-Storey Headquarter to Become Nigeria’s Tallest Building in Eko Atlantic

FirstBank has begun construction on Nigeria’s tallest skyscraper in Lagos’ Eko Atlantic City. The 40-storey headquarters will redefine the skyline, enhance business growth, and set new standards for sustainable architecture in Africa.

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How Africa’s Richest Man Dangote is Building Wealth Through Real Estate Investments
How Africa’s Richest Man Dangote is Building Wealth Through Real Estate Investments

Aliko Dangote, Africa’s richest man, is widely recognized for his industrial empire spanning cement, sugar, and oil. However, beyond his corporate ventures, his personal and commercial real estate investments reveal a deep appreciation for luxury and strategic business foresight.

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OPINIONS

Interviews & Opinions
The Nigerian Rental Crisis: Inflation, Greed, and Speculation
Latest opinion
The Nigerian Rental Crisis: Inflation, Greed, and Speculation
Latest opinion

Rent prices in Nigeria are rising at an alarming rate, often surpassing the country’s already high inflation rate of around 30% annually. In some cases, tenants have reported rent hikes of 40% to 60%, with extreme instances of rent doubling within a year—often driven by speculation and landlord profiteering.

Latest opinion

NATIONAL NEWS

Real Estate News in NIgeria
World Bank Approves $500M Loan to Boost Nigeria’s Economy
World Bank Approves $500M Loan to Boost Nigeria’s Economy

LAGOS

Real Estate News in NIgeria
Lagos To Expand Rail Network With Strategic Redesign of Oshodi Transport Interchange
Lagos To Expand Rail Network With Strategic Redesign of Oshodi Transport Interchange

ABUJA

Real Estate News in NIgeria
FG Rethinks Abuja Runway Project as Contract Cost Soars to ₦532 Billion
FG Rethinks Abuja Runway Project as Contract Cost Soars to ₦532 Billion

World News

TECHNOLOGY

Real Estate Guides in Nigeria
Development of smart city initiatives in urban areas like Lagos and Abuja
Development of smart city initiatives in urban areas like Lagos and Abuja

Explore the development of smart city initiatives in Lagos and Abuja, highlighting technological advancements, urban challenges, and strategies for sustainable growth in Nigeria's urban centers.