Real estate is a viable business sector in Nigeria largely because of the enabling regulatory environment, large expanse of land and huge deficit in housing development vis-a-vis the population of the nation (about 20 million housing units as at October 2021). According to This Day News, in 2021, the Gross Domestic Product (GDP) of the Nigerian real estate industry recorded a positive growth, a 2.3% increase from ₦3.96 trillion recorded in the year 2022. According to the GDP Report for Q1 2022 published by the National Bureau of Statistics, Nigeria’s real estate sector grew by 10.84% and contributed 5.34% (over … Continue reading SETTING UP A REAL ESTATE COMPANY IN NIGERIA: REQUIREMENTS, COSTS & TIMELINES