₦airaland Forum

CFA without a doubt. It is quite a tough exam though.

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Our Super Eagles star Victor Moses has just splashed N250million ($1.2 million) on a 6-bedroom crib in Lekki, Lagos state.

The former Crystal Palace, Wigan Athletic, Chelsea, Liverpool and Stoke City footballer’s home is on 3 floors with the cinema room located on the Penthouse floor overlooking the pool from above.

Incase you missed it on Linda Ikeji blog, feast your eyes on these …

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https://i2.wp.com/www.naijavillas.com/wp-content/uploads/2016/02/swimming_pool.jpg
https://i2.wp.com/www.naijavillas.com/wp-content/uploads/2016/02/victor_moses_living_room.jpg
https://i2.wp.com/www.naijavillas.com/wp-content/uploads/2016/02/victor_moses_kitchen.jpg
https://i0.wp.com/www.naijavillas.com/wp-content/uploads/2016/02/victor_moses_lawn.jpg
https://i1.wp.com/www.naijavillas.com/wp-content/uploads/2016/02/victor_moses_compound.jpg


Source: http://www.naijavillas.com/luxuriousness-inside-victor-mosess-new-lekki-mansion/

We have all heard the popular saying, “Searching for a job is a job”, there are several activities you can engage in that would stack the odds in your favour during your job search.

(1) Volunteer
The art of internship unfortunately is a rare concept with the Nigerian youth. In other words, many graduates and drop-outs will rather stay idle at home than offer their services for free at a workplace. For a start, depression kicks in for most unemployed people when they are idle at home, afterall, “An idle mind is the devil’s workshop”. Leaving the house and going to a workplace can give your life a new purpose and a level of self-worth.
A usual problem most youth face during their job search is their lack of experience. It is a Catch 22 Situation: You need a job to get experience, but no one will give you a job without experience. Working for free can bridge the experience gap and get you closer to your dream job. It also allows you to network with new people which could help you on your quest to your ideal job. So dust off your CV and start approaching employers about volunteering your services for free.
https://i2.wp.com/www.hankali.com/wp-content/uploads/2016/01/intern.jpg

(2) Upgrade your skills
Now you may have a lot of free time. It is a great time to acquire additional skills and qualifications that would be beneficial in your new job. This is also a great time to reinvent yourself if you have been on a wrong career path. Whatever the case, Nigerian employers are keen on candidates with an advanced level of qualifications to add to their experiences. For example, an Accountant should be ICAN certified, a Manager should have an MBA, a Lecturer should have a PHD degree. Whatever your field is, there are courses that can make you more attractive to employers. A easy way to find out examples of such courses is to look at your ideal job description either on job websites or newspapers. Look at the qualifications listed on the advert for that particular job. If similar jobs list the same qualifications, it is assumed that it is an “in-demand” qualification. Skills are not limited to just educational qualifications. It ranges from industries from entertainment to health care. The key is to be an expert in your field.

(3) Start a Business
What Business should I start? Where will I get capital to start my Business? These are typical questions that will be comprehensively addressed in future posts. The key here is to stick to your strengths. For example, with some experience in Media, can you start a production company by covering events like weddings, graduations, funerals and other ceremonies. As the Events industry is huge in Nigeria, especially the “Owambe” type, there are opportunities for a variety of professionals like Event Planners, Cake Makers, Photographers and Production Experts, Caterers, Entertainers, Ushers, Cleaning Agencies, Security and Owners of “Party tools” like Canopies, Chairs, Tables for renting purposes. Nigeria has a population of over 150 million, all with needs and wants – some on a daily basis. So there is something to do for everyone.

Bonus Point: Start a Blog
This is your 15 minutes of fame, a chance to be a leading authority in any field you want. The Internet is a platform for any publisher to create any content. Choose your ideal industry and start blogging today. The more relevant articles you write, the more people look up to you, and slowly you become an industry expert. And don’t think Employers won’t also notice you. Creating a blog today is much easier than ever. You have free services like WordPress and that allow you start a blog within minutes of joining.

Source: http://www.hankali.com/career-advice/3-ways-get-the-job-you-want/

For Scholarship opportunities, click Here

cc lalasticlala

See www.hankali.com for Scholarships and Career advice

Deadlines are Looming.

TechWomen – US: 5- week trip to US (all expenses paid) for Ladies working in science, technology, engineering, and mathematics.

World Bank Robert S. McNamara Fellowships Program – The World Bank: Up to $25,000 for PHD students.

DANGOTE FOUNDATION ENDOWS 17 PROFESSORIAL CHAIRS IN KANO UNIVERSITY OF SCIENCE AND TECHNOLOGY(KUST), WUDIL: 17 Professorial positions at KANO UNIVERSITY OF SCIENCE AND TECHNOLOGY.

cc Lalasticlala
Seun

The crib is impressive!

P.S: Luxuriousness is a variant of Luxury.

jeffizy:
[color=#007700] Kindly edit the first word in your topic. LUXURY [/color]

As the best footballer in the world (at least my world) sets another goal scoring record, we will be looking at his grand $18.5 million (N3.7 billion) luxury apartment at the Trump Towers apartment in New York City. The property covers
2,500 square feet,
with 3 bedrooms
and 3.5 bathrooms.
Without further ado, feast your eyes on these …

See more pics at www.naijavillas.com/inside-cristiano-ronaldo-new-apartment-trump-tower/

Do you know about the Scholarship opportunities that are open to Nigerians both In-Country and Abroad? See the applications ending in just a few days in February 2016:

TechWomen – US
TechWomen brings emerging women leaders in science, technology, engineering, and mathematics (STEM) from Africa, Central Asia and the Middle East together with their professional counterpart for a five-week program in the United States for a mentorship and exchange program.

AWARD
The following costs are covered by the TechWomen program:
• Roundtrip international airfare from participant home country to the United States
• Domestic airfare from San Francisco to Washington, D.C. and more

HOW TO APPLY/DEADLINE
Apply HERE. The application for the 2016 TechWomen program is now open through February 1, 2016.

Read more HERE


World Bank Robert S. McNamara Fellowships Program – The World Bank
This opportunity is open to women and men of developing nations undertaking PhD research related to development.
Applicants should currently be university lecturers or researchers residing in developing countries.

AWARD
Up to $25,000 (U.S.) for developing country nationals to travel abroad to conduct development-related PhD research under the supervision of a host advisor at a university, research or development institution in a World Bank member country. Scholarship covers a 6 to 10 month period starting between July and December 2016.

HOW TO APPLY/DEADLINE
Apply HERE between January 5 – February 2, 2016, when the call closes.

Read more HERE


DANGOTE FOUNDATION ENDOWS 17 PROFESSORIAL CHAIRS IN KANO UNIVERSITY OF SCIENCE AND TECHNOLOGY(KUST), WUDIL
Alhaji Aliko Dangote, GCON, President Dangote Group is sponsoring 17 Professorial Chairs in the University, applications from within and outside the country are invited from suitably qualified candidates for positions of Readers and Professors in the following areas of specialisations:
1. Mathematics
2. Computer Science
3. Statistics
4. Civil Engineering
5. Electrical Engineering
6. Mechanical Engineering
7. Architecture
8. Geology
9. Urban and Regional Planning
10. Biology
11. Chemistry
12. Physics
13. Microbiology
14. Biochemistry
15. Educational Psychology
16. Educational Planning and Administration
17. Philosophy of Education

HOW TO APPLY
Candidates should submit 12 copies each of applications, Curriculum Vitae, Credentials and other supporting documents that can assist the University in the Comprehensive assessment of their Publications, Exposure, Experience and capabilities. Applications should be addressed to:
The Registrar,
Kano University of Science and Technology,
Wudil,
Read more HERE

DEADLINE
Deadline – 8th February 2016


Get more information about Scholarships at http://www.hankali.com/category/scholarships/

xfire:
To sum it all up, 90% of your job as an employee is to manage people - your clients, colleagues and bosses.

So on point! Its amazing that I have never thought of any of my job roles from this perspective...

I haven't taken any of those exams but I know people that have. The Chartered Institute of Stockbrokers (CIS) qualifications is more recognized in Nigeria than Chartered Institute of Investment Analyst (CIIA).

If you are serious and committed about Investment Banking, why not pursue the Chartered Financial Analyst (CFA) Program.

OPIC stands for Ogun State Property and Investment Corporation, they have numerous projects/sites.

As for Lusada/Agbara/Ota for rental property - the yield is very low. For Land Speculation - its ok, not spectacular. Even Ikorodu delivers better price growth due to the newly completed road. The 10-Lane Badagry Expressway is a white elephant project for now, with an inconclusive end date. Its not even 25% complete with stalled construction activities due to lack of funds.

Unbelievable

There are 2 plots of Land in Eluju, after Awoyaya - Just behind Shepherd Court's Estate in Ibeju Lekki.

It is going for N3.5million per plot. Call 08125978047 for more details and check out http://www.naijavillas.com/lands_below_15_million_naira/ more properties

@bebe2

Based on your modified title, I have some properties within Ibeju Lekki (after Ajah) that suits your budget)

There are 6 plots of Land in Shapati, after Awoyaya. It is not far from the Pan Atlantic University.

It is going for N3.5million per plot. Call 08125978047 for more details and check out http://www.naijavillas.com/lands-below-n5million/ for more properties.

Very simple

Just marry Linda Ikeji

smiley001:
@phoenix480, How can I get a brand new 5-bedroom duplex at one of those estates you listed above 'FREE OF CHARGE'?

Always good to help the needy, you know!

Off the top of my head:

Mainland
Ikeja G.R.A
Ogudu G.R.A
Magodo Shangisha
Apapa G.R.A
Shonibare Estate, Maryland

Island
Osborne Foreshore. Ikoyi
Parkview Estate, Ikoyi
Victoria Garden City, Ajah
Friends Colony Estate, Lekki
Chevyview Estate, Lekki
Carlton Gate Estate, Lekki

If resources isn't an issue, then Banana Island, Ikoyi fits the bill.

Personally I am not keen on the Lagos-Badagry area as none of the infrastructure is even close to completion. The 10 lane expansion shpuld have been completed in 2014 but hasn't yet hit 25% completion. The rail from Mile2 to Marina is also not close to been finished - all due to lack of funding. We hope Gov Ambode can resurrect the projects in the axis.

From an investment perspective, Short to Medium term - No, Long term - Yes.

4nobody4every1:
Following, l also have similar plans like the Op although, l have some properties already in Nigeria but want to diversify into so many areas, @Op have you considered the Mile 2 Badagry route?.....with the proposed Ecowas international route, rail and the massive infrastructures that will follow on that axis, l think that axis will make sense too

There is very little that can be hidden from the UK Govt once they put their beacon light on you

Prices in the Lekki/Ajah/Ibeju Lekki axis have been creeping up over the years with some many areas now unaffordable to the common man. An Estimate of Land in Ajah ranges from N6m to N13m. The Ibeju Lekki area offers more affordable opportunities.

With regards to Ikorodu, I will advise you not to bother unless you have sentimental reasons. I started my real estate investment in Ikorodu a few years ago but I plan to divest some of them this year. Infact the ones I plan to dispose of has given me 300% in less than 4 years but the infrastructural development in the area is not impressive. For now, The Government is allocating more amounts in the Lekki axis due to proposed projects like Lekki-Epe International Airport, Lekki Seaport, Lekki Free Trade Zone, Dangote Refinery, Lekki Beach Golf Resort and several other mammoth projects - Area is even billed The New Lagos.

I believe the choice between Ikorodu and Ibeju Lekki is clear in terms of future developments and infrastructure.

bebe2:
That the issue am having with naija investments. Tenants can make ones life miserable. Gabbytabby comes to mind.

But I hate the way the govt invades pples privacy in the uk. They just dig and dig until u are totally exposed.

Tnks for the link. Those prices tho

How much wud plots in Ajah be?

And am hearing alot about ikorodu . Wat do u think?

Check out http://www.naijavillas.com/ for Renting, Buying a Home or Land in Lagos...

If you want to buy-hold and sell property after several years, I would advise Nigeria. In the right areas in Lagos, you can get an incredible ROI after several years compared to the UK.

If you are looking at rental properties, please invest in UK or any western country (but not Nigeria). While most of my property investments are in Nigeria, it doesn't include rental properties. The reasons range from the stress involved dealing with tenants (it can lead to high blood pressure) to poor ROI per annum. On the stress part, my parents do not want any tenants for their two flats due to the negative experiences, they prefer it empty but with peace of mind.
On the other side, I believe you should earn at least 5-8% ROI per annum on your investment rental property. It can be difficult to achieve this in Nigeria when you look at the total cost of the House (cost of land and structure). However, if you are still serious on this, you can get some dilapidated properties for N20m and renovate or as someone suggested, perhaps the Ibeju Lekki axis (due to good property appreciation).

I currently don't have any four flats for that budget, see the ones around N20m here - http://www.naijavillas.com/homes-below-n50-million/. I could ask around for you are still keen.

Dragonking:
You guys should stop being ignorant... No foreign buyer will ever buy a company that a government levied a N1.4tn hefty fine due to the fear of suffering the same fate....This government should treat this issue cautiously, because I found out that MTN also contributes about 4%-8% to our GDP...If MTN leaves, the country will have a short fall of 4%-8% in GDP and it is the ordinary citizens that will be used to cover up on this....I don't even want to mention the number of people that will be unemployed..

Bros, the entire telecommunications sector contributes 8% to Nigeria's GDP.

Does MTN control 50-100% of the sector?

@Sagamite
This takes me back to a real estate investment club "Inside Track" seminar I attend several years ago in the UK. This was what ignited my interest in real estate - the facts were just too good. Buying discounted Buy-to-let properties with guaranteed tenants, with little to no deposit, and the property doubling in price every 7-8 years. Truth be told, the only reason I didn't invest was because I was a student at the time.

I just did a google search now on the same investment club, only to realise they have closed up due to bankruptcy during the 2008 crisis.

All that glitters is not gold...

^ Suffering and Smiling

@Sagamite
Some of the facts you have stated cannot be argued with. Nevertheless, some of those theories (e.g. Demand and Supply) does not work in parts of Nigeria. And this Real estate bubble people have been mentioning for years, I am yet to see any. There have been prediction of prices crashing in places like Banana Island as early as 5 years ago, yet guess what happened...The land reclamation in places like Osborne Ikoyi is baffling despite the relatively high vacancy rate on the Island. I know of someone who spent over N150million reclaiming land in Osborne Forshore but recently rejected an offer of over N500million.

From my personal experience, since I took the plunge in investing in Nigeria's real estate, the returns have been impressive (albeit the unorderly business terrain).I have invested in a UK property several years ago so I can make a decent comparison on both sides.

Anyway at the end of the day, depending on each person's objectives: different strokes for different folks...

@misterrex
It is very difficult to get a Home below N5-7 million due to the cost of land in Lagos and the building costs. You have to concentrate on outskirt areas like Ikorodu, Epe, Ogba, Egbeda, Agbara etc. Perhaps with subsidized Government Housing, it might be achievable but sadly that is not current the case.

Within the Lagos HOMS scheme, you can only buy Homes in places like Epe, Ikorodu or Igando, see the prices here.

An in-depth search online reveals newly built properties in Epe between N5-7 million, see here.

My personal view to you with that type of budget is to buy a Land, then develop it gradually. I would recommend Ajah and Ibeju Lekki area as prices double quickly in the Lekki axis. Some of the land there selling for N5-7 million were selling for about N2.5 million just 3 years ago. See land within your budget here.

I would say NO to the Ealing pad and take the Maitama mansion.

As @EfemenaXY mentioned, it is about the future value of the properties. The property growth rate in Nigeria far exceeds the UK. I would rather buy a property that might double (in price) in 2-3 years than the other doubling in about 7-8 years.

So God has finally answered the prayers of Ajah residents as the Lagos state government has decided to create a solution to the daily bottle-neck traffic in the lekki area. During peak times, precious hours are lost on what can only be described as devilish traffic mainly caused cars exiting the never ending roundabouts. Ajah roundabout is the 9TH roundabout (from the Lekki Tollgate)on the Lekki-Epe Expressway. And the roundabouts are huge…

The solution…to build a flyover bridge at Ajah roundabout.

The proposed flyover bridge has been approved and contractors are been mobilized to the site. Construction is estimated at 16 months.

To buy Land in Ajah, click here

Source: NaijaVillas

This is a practical real life case study on how Real Estate investments can turn out to become major money spinners, taking you a step closer to Dangote realms. I recently stumbled on this piece – http://lekkigardens.com/i-turned-my-9-million-naira-investment-in-lekki-gardens-into-a-30-million-naira-flat-in-ikoyi-in-less-than-3-years/. With some additional investments, the author was able to make shrewd investments, taking advantage of some flexible payment scheme – TO BUILD A NET-WORTH OF N100 MILLION IN 3 YEARS. See the extract of the article below:

“…June 2011 – company sold plots of lands in its Lekki Gardens Phase 1 project for just N4.5m per plot. I saw it as an opportunity not to be missed and bought 2 plots.

In 10 months, the same plots were selling for N10m each, a whooping 200% capital gain in less than a year!

SEPTEMBER 2013 – IKOYI DEAL off-plan sale at Osborne Foreshore 2 for N25m with Early-bird discount of N2.5m.

I quickly put up my 2 plots at Lekki Gardens Phase 1 for N13m each, which sold off easily within two weeks for N26m.
I paid N22.5m for the flat in Ikoyi as I enjoyed my N2.5m discount and kept my balance of N3.5m.

Today (2014), the same flat sells for over N30m. That’s superlative returns on super smart investing!!! I turned my N9m investment int a N30m flat at Ikoyi…”


Read on for the N100m valuation in 3 years…

“…January 2012, Lekki Gardens was selling its 4 bedroom duplex at N13.5m. Now, seeing how my first investment had paid off handsomely, I quickly liquidated some of my stocks and took a unit.

In 8 months, I saw my house standing and 4 months later at exactly one year (January 2013), the house was selling for N25m.

Then Lekki Gardens Phase II was launched purchase for a 3 bedroom duplex at N11.8m, I took a payment plan, made an initial deposit and used my salary income to make the monthly installment payments.

In just one year (2013) and before I could finish paying my installments, the same house was selling for N19m.

The Horizon by Lekki Gardens happened! In June 2013, Lekki Gardens was selling its 2 bedroom apartments by Lekki Phase1 at an introductory price of N13.5m… I decided to key into the 1-year plan knowing that other developers around Lekki would sell same house for nothing less than N25m.

It’s been 1 year now (2014) and my investment will easily sell for N20m.

By Solaru D (A serial Lekki Gardens investor univeils his money multiplying secret)…”

Source: http://www.naijavillas.com/turned-9-million-naira-property-investments-30-million-naira-less-3-years/

Most Beautiful Airports In The World

Changi airport, Singapore (opening 2018)
Architect Moshe Safdie – who designed the iconic Habitat 67 housing complex in Montreal – began construction on a new development at Singapore’s Changi airport in December 2014. Featuring a ‘Forest Valley’, ‘Jewel Gardens’ and a 130ft-high (40m) waterfall called a ‘Rain Vortex’, it looks more like the Land of Oz than an air hub; trees, palms and ferns are enclosed within a 134,000sq m glass dome. Safdie has said that the project is “the prototype of a new kind of urban place”.


Mexico City international airport, Mexico (opening 2018)
In September 2014, British architecture firm Foster and Partners won a competition to design what will be one of the world’s largest airports when it is completed in 2018. Working with Mexican firm Fernando Romero Enterprise, Foster and Partners unveiled plans for a 555,000 sq m terminal enclosed within a lightweight shell. The new international airport for Mexico City has been designed to accommodate increasing passenger numbers and has echoes of Foster’s plans for the world’s first private spaceport in New Mexico. The structure is pre-fabricated, allowing for rapid construction without scaffolding. The new building will harness the sun’s energy as well as collecting rainwater and maintaining interior temperatures using natural ventilation.


Mumbai’s Chhatrapati Shivaji international airport, India (opened 2014)
Designed to reference the feathers in a peacock’s tail – and mirror traditional Indian open-air pavilions – the concrete canopy on this new terminal is part of a wider trend to reflect local architecture within airports. This addition to Mumbai airport was opened in February 2014 and is the vision of US firm SOM, whose website says that “just as the terminal celebrates a new global, high-tech identity for Mumbai, the structure is imbued with responses to the local setting, history, and culture”.


Shenzhen Bao’an international airport, China (opened end of 2013)
Covered with a honeycomb pattern and a whopping 1.5km (0.9 miles) long, the new terminal at Shenzhen Bao’an was designed to evoke the shape of a manta ray, according to its architects Studio Fuksas. The architects rather poetically describe it as “a fish that breathes and changes its own shape, undergoes variations, turns into a bird to celebrate the emotion and fantasy of a flight”. The design continues into the interiors, its hexagonal skylights allowing natural light in with a dappled effect.


Chongqing Jiangbei international airport, China (opening 2015)
Architects ADPI continue the trend towards green space in airports in their plans for a new terminal at Chongqing Jiangbei. With two wings referencing Chongqing’s two rivers, the structure is set within a park: once completed, the terminal will be able to handle 55m passengers a year, ranking the airport among the world’s 15 largest.


Pulkovo International Airport, Russia (opened 2014)
Designed by Grimshaw architects to work with the extremes of climate in St Petersburg, the new terminal at Pulkovo airport features monumental folded ceilings clad in metal panels that recall the gilded spires of churches in the city. A series of linked zones is intended to reflect St Petersburg’s landscape of islands and bridges. Opening in February 2014, the building has a large flat roof with folded structures beneath that distribute weight away from the middle to offer support during heavy snowfall. Once construction on a second and final phase of the project is completed in 2015, the airport will cater for 17m passengers a year.


Istanbul New Airport, Turkey (opening 2019)
Grimshaw is also in charge of a team designing a new six-runway airport in Istanbul which aims to accommodate 90m passengers a year once it opens in 2019, before increasing its capacity to 150m after completion. Featuring a vaulted canopy, the airport’s Terminal One will cover a site of nearly 100 hectares (0.4 sq miles) – the architects say it will become the “world’s largest airport terminal under one roof” once finished. “We were inspired by the local use of colours and patterns, the quality of light and how it penetrates buildings, as well as by traditional architecture such as the Süleymaniye Mosque,” claims Tomas Stokke, the director of Haptic.



Source: http://www.naijavillas.com/beautiful-airports-world/

As the economic gloom in Nigeria rolls into 2015, Oil Prices are still trending downwards, Stock Market is also going southwards, what direction is Real Estate going?

Increased Flats and Terrace Houses Development: More Housing Units will be built per land. According to Governor Fashola, “We must begin to shift from the policy of low density development to increased density as done in other places in the world if we must accommodate the people and their activities. Our Ikoyi and Lekki areas have been experiencing this increased density over the last few years.”

Growth in affordable Housing: The Managing Director and Chief Executive Officer, Brent Mortgage Bank, Mr. Kola Abdul, says, “At an average of N3.5m per unit excluding cost of land, Nigeria requires about N56tn to remedy the housing deficit gap. The amount is 12 times the size of the country’s 2014 budget of N4.69tn. “This means if every spending other than housing finance is put on hold, it will take Nigeria over 12 years to bridge the housing deficit. It would even take much longer time if the population growth is considered.”

This deficit needs bridging so it offers tremendous opportunities for developers to make a killing. As consumer spending will decrease in 2015, the hunt for value properties will increase. Even Lagos State HOMS (Home Ownership Mortgage Scheme ) aims to make Houses more affordable, see more from Ambode Housing Manifesto.

Decline in purchase of Luxury Homes: With the Economic downturn and upcoming Elections, Real Estate investments will be more stable than Stocks and Shares. There are currently bargains in luxury properties due to the election fire sales.

Widening Infrastructure Gap: The government’s allocation of only N387billion as developmental expenditure for the entire nation for 2015, is a huge reduction from N1.1 trillion allocated in 2014. So expect less Government spendings on Bridges, Canals, Hospitals, Mass transit, Public Housing, Schools and Public spaces/Parks.

What does all these mean for you:

- Don’t be afraid to underbid for Luxury properties. Take advantage of the buyers markets.
- Invest in affordable growth areas in Lagos like Ajah/Ibeju Lekki, Ikorodu and Ojodu Berger/Isheri
- Take advantage of buying Houses with reasonable flexible payments like Lagos State HOMS and Lekki Gardens.

Source: http://www.naijavillas.com/4-predictions-for-real-estate-in-2015/

Smiler11:
Are they for deeper life women?

L O L

I think they are supposed to be Bespoke couture