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Happy New Year Folks Oyo is a island/state located in south-western Nigeria. Its capital is Ibadan. Oyo State was one of the three States carved out of the former Western State of Nigeria in 1976. The state consists of 33 Local Government Areas which are: Akinyele, Afijio, Egbeda, Ibadan North, Ibadan North-East, Ibadan North-West, Ibadan South-West, Ibadan South-East, Ibarapa Central, Ibarapa East, Ido, Irepo, Iseyin, Kajola, Lagelu, Ogbomoso North, Ogbomoso South, Oyo West, Atiba, Atisbo, Saki West, Saki East, Itesiwaju, Iwajowa, Ibarapa North, Olorunsogo, Oluyole, Ogo Oluwa, Surulere, Orelope, Oriire, Oyo East, Ona Ara. It is bound in the north by Kwara State, in the east by Osun State, in the south by Ogun State and in the west partly by Ogun State and partly by the Republic of Benin. Oyo State covers approximately an area of 28,454 square kilometers and is ranked 14th by size. The landscape consists of old hard rocks and dome shaped hills, which rise gently from about 500 meters in the southern part and reaching a height of about 1,219 metre above sea level in the northern part. Some principal rivers such as Ogun, Oba, Oyan, Otin, Ofiki, Sasa, Oni, Erinle and Osun river originate in this highland. Ibadan is the capital city of Oyo state, in south-western part of Nigeria. It is the most populous city in the state with a population of 3 million. It is the third most populous city in Nigeria, after Lagos and Kano; Ibadan has the largest geographical area in Nigeria. The city was the largest and most populous city in the country at Nigerian Independence, and the third in Africa after Cairo and Johannesburg. Islam is the dominant religion in Ibadan with the overwhelming majority of the core Ibadan City Center inhabitants being Muslims. Christianity is the 2nd most popular religion in the city. Ibadan dwellers engage in marketing of cassava, cocoa, cotton, timber, rubber, and palm oil. The city embodies several industries such as Agro allied, Textile, Food processing, Health Care and Cosmetic, Tobacco processing and Cigarette manufacturing, Leather-works and furniture making Etc. Today we would be looking at the cost of buying a land around Ibadan and Oyo State. Top Locations Agbowo| Agodi| Ajibode| Akobo| Alakia| Alalubosa| Apata| Asejire |Challenge| Eleyele| Iyaganku| Jericho| Moniya| New Bodija| Ojoo| Oke Ado| Oke Bola| Old Bodija| Ologuneru| Orogun| Samonda| Wakajaye Land can be used for residential real estate, commercial estate, farming purposes, or left to appreciate. The average price of land for sale in Ibadan, Oyo is ₦1,500,000 per plot. The most expensive land costs ₦48,000,000 per plot while the cheapest costs ₦378,000 per plot. Agbowo The average price of land for sale in Agbowo, Ibadan, Oyo is ₦7,000,000 per plot. The most expensive land costs ₦10,000,000 per plot while the cheapest costs ₦3,500,000 per plot. Agodi The average price of land for sale in Agodi, Ibadan, Oyo is ₦70,000,000 per plot. The most expensive land costs ₦150,000,000 per plot while the cheapest costs ₦50,000,000 per plot Ajibode The average price of land for sale in Ajibode, Ibadan, Oyo is ₦1,300,000 per plot. The most expensive land costs ₦2,200,000 per plot while the cheapest costs ₦397,000 per plot Alabata Town you can actually buy a plot of land at Max Ville Ibadan for ₦600,000 Per Plot at Alabata Town. Take Advantage of this offer Akobo The average price of land for sale in Akobo, Ibadan, Oyo is ₦8,000,000 per plot. The most expensive land costs ₦15,000,000 per plot while the cheapest costs ₦1,000,000 per plot Alakia The average price of land for sale in Alakia, Ibadan, Oyo is ₦900,000 per plot. The most expensive land costs ₦5,000,000 per plot while the cheapest costs ₦700,000 per plot. Alalubosa The average price of land for sale in Alalubosa, Ibadan, Oyo is ₦55,000,000 per plot. The most expensive land costs ₦65,000,000 per plot while the cheapest costs ₦30,000,000 per plot. Apata The average price of land for sale in Apata, Ibadan, Oyo is ₦1,400,000 per plot. The most expensive land costs ₦4,000,000 per plot while the cheapest costs ₦900,000 per plot Asejire The average price of land for sale in Asejire, Ibadan, Oyo is ₦1,500,000 per plot. The most expensive land costs ₦1,800,000 per plot while the cheapest costs ₦900,000 per plot Challenge The average price of land for sale in Challenge, Ibadan, Oyo is ₦2,400,000 per plot. The most expensive land costs ₦15,000,000 per plot while the cheapest costs ₦400,000 per plot. Eleyele The average price of land for sale in Eleyele, Ibadan, Oyo is ₦1,280,000 per plot. The most expensive land costs ₦1,500,000 per plot while the cheapest costs ₦1,200,000 per plot Jericho The average price of land for sale in Jericho, Ibadan, Oyo is ₦6,000,000 per plot. The most expensive land costs ₦20,000,000 per plot while the cheapest costs ₦600,000 per plot Moniya The average price of land for sale in Moniya, Ibadan, Oyo is ₦1,050,000 per plot. The most expensive land costs ₦5,000,000 per plot while the cheapest costs ₦600,000 per plot New Bodija The average price of land for sale in New Bodija, Ibadan, Oyo is ₦20,000,000 per plot. The most expensive land costs ₦25,000,000 per plot while the cheapest costs ₦13,000,000 per plot Ojoo The average price of land for sale in New Bodija, Ibadan, Oyo is ₦12,000,000 per plot. The most expensive land costs ₦35,000,000 per plot while the cheapest costs ₦8,000,000 per plot The price is an estimate not the real price, lets be guided this year No insults please https://pwanmax.com/2021/01/16/cost-of-buying-a-land-around-ibadan-and-oyo/" |
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During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it. The young, tech-savvy protesters quickly switched to using bitcoin, and in about a week bitcoin accounted for around 40% of the nearly $400,000 raised. It was just one high-profile example of how young Nigerians increasingly use bitcoin to navigate a complicated and restrictive banking and monetary system. In the last five years, Nigeria has traded 60,215 bitcoins, valued at more than $566 million which, apart from the US, is the largest volume worldwide on Paxful, a leading peer-to-peer bitcoin marketplace. The data scraped from Coin Dance shows from the beginning of May 2015 to the middle of November this year, bitcoin trade in Nigeria have increased yearly at least 19% in volume since 2017, and the highest volume (20,504.50) was traded in 2020. Bitcoin trade had its highest spike of 30% this year during the national lockdown in the country and the highest volume traded during the peak of the pandemic. between January and September, Paxful was reported to record a 137% increase in new registrations in Nigeria.” Nigeria is the second largest bitcoin market, Kenya No. 8 and South Africa, No. 10 [URL=https://i.imgur.com/XoEBJkq.png][/URL] The company says Nigerians make up around a quarter of its customer base with 1.3 million registered accounts. “They mostly use the platform for peer-to-peer and arbitrage trading,” says Nena Nwachukwu, Paxful Nigeria regional manager. “Remittances is also a popular use case.” Nwachukwu says bitcoin transfers are “much cheaper and faster than using traditional money transfer operators.” The growing uncertainty and instability around the Nigerian naira, which has had increasingly divergent official and parallel exchange rates with the US dollar, has created an opportunity and practical use case for bitcoin trade in Nigeria. The divergent rates have long been a striking feature of Nigeria’s economy but more so in the last half decade as the country’s financial authorities have attempted to micro-manage the supply of foreign exchange and “defend” the naira. In the last couple of years, other African countries, most prominently Zimbabwe, have seen a spike in cryptocurrency trade led by bitcoin, due to currency fluctuations and uncertain monetary policy. In some cases limits to the trade has been prompted by a lack of reliable local platforms. “The lack of bitcoin liquidity was the first obstacle to solve to introduce bitcoin to Africa,” says Ray Youssef, co-founder of Paxful. Nigerians are often restricted on international platforms such as PayPal, which does not allow payment to Nigeria, and local banks place a cap on international transactions and charge high fees for transactions due to dollar deficiency. “People want to be able to buy and sell, transact internationally and the more the traditional channels are being restricted the more people trade crypto and mainly bitcoin,” explains Eleanya Eke, co-founder of Buycoins Africa. “And the best thing about it is that it’s almost impossible to stop. If you block the exchange it moves to Peer-to-peer platforms that are non-custodial.” The increased awareness and availability of easy-to-use bitcoin platforms to Nigerians have largely increased bitcoin liquidity in the country, therefore solving the first problem hindering adoption. Nigerians now have several formal and semiformal bitcoin platforms to use, ranging from international platforms including Paxful, Binance, and Luno, and local ones such as Quidax, Busha, and BuyCoins. However, long-term watchers say most trading in the country is done on informal channels such as Telegram, WhatsApp bad WeChat. “Globally, there was a shift to online transactions from the physical,” says Osaretin Victor Asemota, a Nigerian tech investor. “In Nigeria, as banks were closed, the agency outlets recorded much higher transaction volumes. I think this shift was inevitable, and it is not a temporary pandemic boost.” Bitcoin traded as low as $3,600 in March due to a massive sell-off on global financial markets has this month surged past $20,000 for the first time. While in the past, the value has increased like this only to later dropped drastically in a few weeks, some analysts say this increase may continue into 2021 as it appears it is due to the growing interest of institutional investors in the cryptocurrency. Institutional investors such as MassMutual and MicroStrategy were reportedly planning to purchase hundreds of million-dollar worth of bitcoin, while PayPal, a top global online payment company recently added cryptocurrency to its functionality, letting people use bitcoin to pay for things online. https://clytee.com/d/1342-nigeria-is-now-the-worlds-second-biggest-bitcoin-market-after-the-us
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Hi Guys Lets Get Started We noticed a lot of people have always been duped while buying properties in Lagos. we would outline safety tips to take when buying a property in Lagos. A lot of ads have been going around in Lagos, concerning buying cheap properties all around Lagos especially in Places like Ibeju, etc When buying landed properties in Nigeria (especially in Lagos), make sure you put all these tips into consideration and do thorough research. I want to thank Omo Onile Lawyer and Grandezza for some of the tips it came in handy. This tips would help those that live abroad especially. It doesn’t matter if you are buying the land from a friend or a close relative whom you trust. Buying land in Nigeria is a financial transaction and should be treated as such. Don’t make yourself an easy target for a scam. Let's get started Make sure the land or property you are buying has proper documentation: It must have a valid C of O or other documents. ask for the title document of the property e.g. proof of ownership. Most developers don’t own the piece of land they constructed the property on. They usually do joint venture agreements with the true holders of the land. you should ask for the following documents: The Certificate of Occupancy (C of O) The Survey Plan The Tax Clearance Certificate The Deed of Assignment In most case, the document the original owner of the land has, contains a lot of deficiencies such as survey plan issues, wrong location of where the property is supposed to be on the layout, fake governor’s consent or C of O or deeds of assignment that were not properly executed by the family or outright fake documents to deceive the buyer Investigate the property location by getting a competent lawyer: Before you buy a property make sure that the location is not facing a lawsuit, get a competent lawyer to help you check these issues. Don't buy a land that is facing a lawsuit already this could be by family issues or fraudulent transactions. Most people think because the area is developed there would be no more issues only for them to discover 2 major communal families have been fighting for decades concerning the ownership of the whole town. Don't buy Properties from Omo-Onile, Buy from Professionals: Buy properties from competent real estate firms with established track records. Don't be thinking you are wise by buying lands from omo-onile and end up being duped and looking stupid. Some of these Omo-Onile can send land to more than 20 people. A lawyer, Surveyor, Architect, and a Real Estate Consultant, are the 4 most important people you must get in touch with before you buy a land. The lawyer is the only one that can draw up your contract papers legally. Any other landed document drawn up by any other person is null and void and you would not be allowed to process your papers at the Land registry. Take Note of Fees: Before you buy that house, do your surveys to know the ancillary cost of buying a property that must be paid so you don't run into debts before you take possession. Agency fees are 5% of the cost of the property (negotiable), Legal fees to prepare all documents is 5% of the cost of the property (negotiable), Survey plan for a house is above N200,000. If it’s a semi-detached duplex each survey could cost N350,000. If you buy it in a Government scheme, only a government surveyor can draw a survey plan to divide the property properly. It’s called a subdivision and costs N750,000. Visit the site in person: A growing number of people have been swindled just because they were too busy to carry out a thorough inspection of the land before making payment. For those living abroad make sure you send a relative or a friend, you can trust before you buy that property. Written down transaction details, pictures of parties involved, and even video recordings can go a long way if something later goes wrong. Take Possession of Your Land Immediately: Don't wait, if it's to fence round about it do it immediately and put a sign to scare of fraudsters and people that might try to be scammed too. Don’t just leave it fallow and expect it to wait there for you when you are ready. Somebody else would end up encroaching on your land and steal it. I hope this helps Source https://pwanmax.com/2021/01/21/safety-tips-to-take-when-buying-a-property-in-lagos/ |
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Hi Guys Co-Tenant here, we have been having loads of mail concerning people asking for the cost of renting an apartment in certain Locations all across Lagos. Today we look at Yaba, what is the average cost of rent around Yaba. Locations we are looking at today are Abule Ijesha| Abule Oja| Adekunle| Akoka| Alagomeji| Costain| Ebute Metta East|Ebute Metta West| Fola Agoro| Iwaya|Jibowu|Makoko|Onike| Oyingbo|Sabo|Saint Agnes|Tejuosho Sub Areas Alcove Estate| Estates| Jacob Mews Estate| Oyadiran Estate| Tajudeen Olanrewaju Estate|Unilag The average price of flats for rent in Yaba, Lagos is ₦700,000 per annum. The most expensive flat costs ₦2,700,000 per annum while the cheapest costs ₦157,000 per annum this depends on locations and kind of apartment. Abule Ijesha The average price of flats for rent in Abule Ijesha, Yaba, Lagos is ₦400,000 per annum. The most expensive flat costs ₦1,200,000 per annum while the cheapest costs ₦250,000 per annum this depends on locations and kind of apartment. Abule Oja The average price of flats for rent in Abule Oja, Yaba, Lagos is ₦450,000 per annum. The most expensive flat costs ₦1,590,000 per annum while the cheapest costs ₦250,000 per annum this depends on locations and kind of apartment. Adekunle The average price of flats for rent in Adekunle, Yaba, Lagos is ₦800,000 per annum. The most expensive flat costs ₦6,730,000 per annum while the cheapest costs ₦350,000 per annum this depends on locations and kind of apartment. Akoka The average price of flats for rent in Akoka, Yaba, Lagos is ₦600,000 per annum. The most expensive flat costs ₦2,500,000 per annum while the cheapest costs ₦110,000 per annum this depends on locations and kind of apartment. Alagomeji The average price of flats for rent in Alagomeji, Yaba, Lagos is ₦1,000,000 per annum. The most expensive flat costs ₦602,000,000 per annum while the cheapest costs ₦300,000 per annum this depends on locations and kind of apartment. Costain The average price of flats for rent in Costain, Yaba, Lagos is ₦1,000,000 per annum. The most expensive flat costs ₦1,300,000 per annum while the cheapest costs ₦500,000 per annum this depends on locations and kind of apartment. Ebute Metta East The average price of flats for rent in Ebute Metta East, Yaba, Lagos is ₦750,000 per annum. The most expensive flat costs ₦1,800,000 per annum while the cheapest costs ₦250,000 per annum this depends on locations and kind of apartment. Ebute Metta West The average price of flats for rent in Ebute Metta West, Yaba, Lagos is ₦850,000 per annum. The most expensive flat costs ₦1,500,000 per annum while the cheapest costs ₦300,000 per annum this depends on locations and kind of apartment. Fola Agoro The average price of flats for rent in Fola Agoro, Yaba, Lagos is ₦800,000 per annum. The most expensive flat costs ₦3,370,000 per annum while the cheapest costs ₦400,000 per annum this depends on locations and kind of apartment. Iwaya The average price of flats for rent in Iwaya, Yaba, Lagos is ₦400,000 per annum. The most expensive flat costs ₦1,000,000 per annum while the cheapest costs ₦150,000 per annum this depends on locations and kind of apartment. Jibowu The average price of flats for rent in Jibowu, Yaba, Lagos is ₦1,000,000 per annum. The most expensive flat costs ₦3,000,000 per annum while the cheapest costs ₦350,000 per annum this depends on locations and kind of apartment. Makoko The average price of flats for rent in Makoko, Yaba, Lagos is ₦380,000 per annum. The most expensive flat costs ₦400,000 per annum while the cheapest costs ₦200,000 per annum this depends on locations and kind of apartment. Onike The average price of flats for rent in Onike, Yaba, Lagos is ₦600,000 per annum. The most expensive flat costs ₦2,970,000 per annum while the cheapest costs ₦250,000 per annum this depends on locations and kind of apartment. Sabo The average price of flats for rent in Sabo, Yaba, Lagos is ₦1,500,000 per annum. The most expensive flat costs ₦4,250,000 per annum while the cheapest costs ₦400,000 per annum this depends on locations and kind of apartment. Saint Agnes The average price of flats for rent in Saint Agnes, Yaba, Lagos is ₦1,000,000 per annum. The most expensive flat costs ₦3,000,000 per annum while the cheapest costs ₦400,000 per annum this depends on locations and kind of apartment. Tejuosho The average price of flats for rent in Tejuosho, Yaba, Lagos is ₦500,000 per annum. The most expensive flat costs ₦1,300,000 per annum while the cheapest costs ₦400,000 per annum this depends on locations and kind of apartment. Oyadiran Estate The average price of flats for rent in Oyadiran Estate, Sabo, Yaba, Lagos is ₦1,250,000 per annum. The most expensive flat costs ₦1,500,000 per annum while the cheapest costs ₦1,000,000 per annum this depends on locations and kind of apartment. Unilag The average price of flats for rent near Unilag, Yaba, Lagos is ₦450,000 per annum. The most expensive flat costs ₦1,000,000 per annum while the cheapest costs see full list here Lalasticlala |