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Wednesday 6 November 2013

Building Collapse in Nigeria's Commercial Capital, Lagos - Breaking News!

Is it not funny how many twitter accounts are quick to use the word Breaking News? Breaking news, breaking news; you never see it coming. That was how Monday (November 4) evening turned out to be. After working all through Sunday on a food export story while trying to get footage of the stampede at a night vigil in Anambra that became a nightmare, killing 17 people and the Partial eclipse on the side as well; I thought I will have a nice quiet evening on Monday with lots of sleep.
When breaking news calls, every other thing has to stop. It is fun, well apart from the death part. My colleague teases me and say, it is now a matter of numbers. Forgive me, it does affect me, I mean I'm human but it is like my heart has grown cold and become accustomed to the tragedy that exists in our world today. It is now a daily occurrence  Almost a part of our existence.
Building collapse in Lagos! hmmmm. I feel for the families of those victims. Seeing the rescue workers bring out a body in the on-going rescue operations the following day after the incident was chilling. Was close to tears.I also weep for my country. We still do not have sufficient equipment in dealing with emergency situations and that is so sad.
I honestly pray we can see some survivors beneath all that rubble and for the souls of the ones we have lost, a peaceful rest. Their families, God help them because losing loved ones is never an easy situation to deal with.

Video link to the story: http://news.yahoo.com/video/building-collapse-lagos-kills-least-221342220.html
Day 2: http://www.youtube.com/watch?v=pk48A_tJ-4A


Friday 1 November 2013

Property Boom In Nigeria Attracting Investors



We recently did a story on property in Nigeria. We know the situation with renting an apartment in some parts of the country. Some landlords demanding for two years rent at a stretch. This is no news. The rate at which new houses spring up is quite interesting. Many are being advised to buy lands in order to be free from the large amount spent on paying for accommodation.
What is also interesting is that Nigeria is fast becoming an increasingly popular investment destination due to a huge potential consumer market of more than 160 million people and GDP growth over 6 percent, far outstripping the stagnant economies in developed countries; a combination which is producing a new wave of property buyers; from bankers and airline staff, to mobile phone and fast food shop owners.

Please click on the first link below to watch the video.
The second link looks at how house prices in London, Lagos and Dubai have rebounded.

Do share your thoughts on this. Would love to hear your experiences.
Have a splendid weekend. Don't forget to look out for the partial eclipse; with your protective sunglasses on.

All aboard Nigeria's property boom

Global property entering a bubble?