Connect with us

General News

Lamudi.com Whitepaper Reveals Nigeria’s Real Estate Key Influencers

Published

on

(L-r): Obi Ejimofo, managing director of Lamudi (Nigeria), Godwin Alenkhe, chairman, Lagos State Chapter and Sunday Paul, zonal chairman, Akoka, both from ERCAAN at the one anniversary of Lamudi Nigeria held in Lagos.
Kindly share this post

Lamudi.com is a global property portal focusing exclusively on the emerging markets with presence in Nigeria, has released a whitepaper on the state of Nigeria’s real estate and general housing climate.

In the whitepaper, Lamudi revealed that the trends that have influenced the increase in real estate investment in Nigeria over the past five years to include, economic development (71%), infrastructural development (62%), standard of living (57%), migration, both inward and outward (38%) and average population age (38%).

Substantiating the report, a National Bureau of Statistics (NBS) data shows that the real estate sector now contributes up to 15% of the recently debased gross domestic product, “as investing in building is considered to provide a significant multiplier effect on the broader economy as it contributes to GDP through two main drivers, namely, private residential investments and consumption spending on housing services.

The report contains that the growth recorded in the overall Nigerian real estate sector on a year-on-year basis stood at 11% in 2012, which was demonstrative of a recovery in the sector and following significant falls influenced by the global downturn in 2009/10.

According to a report by Agusto & Co., a leading pan African credit rating and research agency, activity in Lagos State accounts for at least 40% of the total Nigerian real estate market.

Also, Ernst & Young (EY) report on Foreign Direct Investment (FDI) in Nigeria, has been growing at an annual rate of 23.4% over the last six years; while the country’s economic outlook has previously dependent on oil & gas, the non-oil sector has witnessed strong growth across agriculture, telecommunications and retail services.

On technology trends in house-hunting, Obi Ejimofo, managing director of Lamudi (Nigeria) told Nigeria CommunicationsWeek at one year anniversary of the Platform in Nigeria, that its (Lamudi’s) analytics shows, 30.5% of house-hunters searched for properties using a mobile device between May and October 2014; 43.26% of these visitors to the website used tablets to carry out the search, with 56.74% using other mobile devices.

Obi added that, however, there is still room for growth as 33% of real estate agents believe the internet is often used for house-hunting, and all respondents believe this will increase over the next decade.

He said, “Whilst traditional house-hunting methods remain popular in Nigeria, local real estate companies are also adapting to the changes in how people are using the web. According to Lamudi survey 81% of real estate agents believe that the most popular method for house-hunting remains the using a real estate agent.

“However, just under half believe that online listings are the favoured method with 67% of those asked revealing that they advertise their properties online”.

Nodding in agreement, Oyewale Adekunle, managing director of Ajibex and Company, said that, “social media is improving the growth of real estate, as all properties can now be listed and promoted online, to reach people both within and outside Nigeria”.

On his part, Udo Okonjo, chief executive officer, Fine & Country West Africa, stated that the advent of the internet and social media has boosted the avenues through which real estate agents can interact with clients, enabling more effective and efficient communication with those whose lifestyle are suited for such platforms.

Mr Sina Ganiu, senior partner & chief executive officer, Jide Taiwo & Co Estate Surveyors & Valuers, expressed delight with the Lamudi’s real estate revolutionary site.

Meanwhile, Lamudi with over 6000 real estate agents as partners, serving 32 million app users and 70, 000 per week visitors to the site, also revealed that 66% of people searching for properties within Nigeria, actually reside in the country.

The Lamudi Real Estate White paper was also launched globally in Asia, the Middle East, Latin America and other parts of Africa.

Allie Morse, CEO, Lamudi West and Central Africa said. “In its first year, Lamudi has cemented itself as a global leader in real estate, and we are honoured to welcome the best of Nigerian real estate to celebrate the launch of the white paper alongside our colleagues around the world.

“We want to ensure that our knowledge on the future of real estate in the emerging markets one that educates not just our clients but current and future customers too.

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

General News

NITDA DG Reaffirms Nigeria–U.S. Partnership on Data Privacy, AI and Cybersecurity

Published

on

Kindly share this post

Kashifu Inuwa Abdullahi, Director General of the National Information Technology Development Agency (NITDA), has reaffirmed Nigeria’s commitment to strengthening collaboration with the United States in building a secure, trusted, and resilient digital ecosystem, with a particular focus on data privacy, artificial intelligence, cybersecurity, and capacity building.

NITDA DG Reaffirms Nigeria–U.S. Partnership on Data Privacy, AI and Cybersecurity

NITDA

He stated this while delivering an address at the Nigeria Data Privacy Capacity Building Workshop organised by the United States Department of State, in collaboration with the Nigerian Mission and relevant stakeholders in the digital ecosystem.

Expressing his excitement at the engagement, Inuwa described the workshop as a strong revalidation of the long-standing partnership between Nigeria and the United States in advancing the country’s technical and digital systems.

According to him, the collaboration is not a new initiative but part of a growing and deliberate effort by both countries to jointly address emerging digital challenges and opportunities.

Inuwa recalled that in April 2024, Nigeria and the United States, through the U.S.–Nigeria Binational Commission, agreed to work together on key areas including data privacy, artificial intelligence, cybersecurity, capacity building, and other aspects of digital development.

He further noted that the same year witnessed the successful hosting of an Artificial Intelligence Conference, co-hosted by the Nigerian Government and the U.S. Mission in Nigeria, as well as Nigeria’s participation in engagements with U.S. cybersecurity companies to explore partnerships aimed at strengthening Nigeria’s technical ecosystem.

He explained that NITDA’s emphasis on data privacy, AI, cybersecurity, and policy is anchored on one central objective: building trust in the digital ecosystem, adding that trust is a critical enabler of digital transformation, as its absence slows down innovation and increases costs, while its presence accelerates progress and reduces barriers to growth.

The NITDA Boss stressed that building a prosperous digital economy requires deliberate efforts to safeguard data privacy, strengthen security frameworks, and deploy AI responsibly.

He noted that artificial intelligence relies on data, data demands privacy, and privacy can only be guaranteed through strong security, making it impossible to address these issues in isolation.

Inuwa described the workshop as the beginning of broader engagements and deeper collaboration in other strategic areas, particularly as Nigeria continues to position itself as a key player in the global digital economy.

He disclosed that following the participation of the U.S. Mission in Nigeria’s National Cybersecurity Conference last year, plans are underway to expand the conference into an international cybersecurity platform this year.

According to him, the international conference will provide an opportunity for U.S. cybersecurity companies to showcase their technologies, explore partnerships with Nigerian firms developing local cyber solutions, and jointly strengthen Nigeria’s cybersecurity ecosystem.

Inuwa also reassured partners and stakeholders of NITDA’s commitment to building the right policies and enabling environment for innovation to thrive.

He noted that Nigeria, alongside Africa, represents the next frontier of the digital economy, driven by a young, digital-native population and a large, expanding market.

He said that while many public and private sector organisations in Nigeria rely on U.S. technologies to build their digital systems, the country also possesses significant local talent capable of developing homegrown solutions to address national and regional challenges.

He added that NITDA remains committed to working with international partners to build local capacity and promote Nigeria’s digital self-determination.

According to the DG, digital technology is no longer optional, as it represents the future of economic growth and development, and no nation can afford to be left behind.

He emphasised that the only way to fully harness the opportunities of the ongoing AI revolution is by safeguarding privacy, establishing sound policies, and laying a strong digital foundation capable of supporting rapid technological advancement.

He appreciated the U.S. Department of State and the U.S. Mission in Nigeria for their continued partnership and support, expressing optimism that the collaboration will be further strengthened to explore new areas of cooperation, particularly in cybersecurity and artificial intelligence, for the mutual benefit of both countries.


Kindly share this post
Continue Reading

General News

Falana Wins $25,000 Damages from Meta over Fake Illness Video

Published

on

Kindly share this post

Lagos High Court at TBS has awarded $25,000 in damages in favour of Mr. Femi Falana (SAN) in his $5 million lawsuit against Meta Platforms Inc., the US-based technology company owned by Mark Zuckerberg, over the alleged invasion of his privacy.

Falana Wins $25,000 Damages from Meta Over Fake Illness Video

Early in 2025, a video was published on Facebook claiming that Falana was suffering from a terminal illness, which prompted the suit

Delivering judgment on Tuesday, January 13, Justice Olalekan Oresanya held that a global technology company such as Meta, which hosts pages for commercial benefit, owes a duty of care to persons affected by content disseminated on its platform.

Falana, through his lawyer, Mr. Olumide Babalola, accused Meta of publishing motion images and voice captions titled “AfriCare Health Centre” on its platform, suggesting that he suffered from a disease known as prostatitis.

He argued that the publication constituted an invasion of his privacy as guaranteed under Section 37 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

Falana said the false video about his health status had tarnished his image and reputation built over the years.

He also contended that the publication, which he described as false, offensive and disturbing, painted him in a false light and caused him mental and emotional distress.

In its judgment, the court rejected the argument that digital platforms can rely solely on “hosting” or “intermediary” defences where the platform monetises content and the harm arising from misinformation is reasonably foreseeable.
Falana’s lawyer said the decision reinforces a standard of platform accountability under Nigerian law, aligning with emerging global jurisprudence.

The court further held that “the fact that the applicant is a public figure does not rob him of his right to privacy.” It found that the publication of false medical information intruded into the claimant’s private life, regardless of his public standing.

Babalola said the finding settles an important misconception in Nigerian legal practice and affirms that health data enjoys heightened protection, even for public figures.

The court also held that Meta determines the means and purposes of processing content, monetises pages, and controls distribution algorithms, thereby acting as a joint data controller with page owners.

Consequently, Meta was held vicariously liable for the offensive video.

Babalola said: “This is a major development under the NDPA and weakens the ‘mere platform’ defence traditionally relied upon by Big Tech.”

The court further ruled that Meta breached Section 24 of the NDPA by processing personal data that was inaccurate, harmful, lacked a lawful basis and was unfair to the learned Senior Advocate. The false health information was held to amount to unlawful processing per se.

It emphasised that where the risk of inaccuracy is foreseeable, particularly in relation to sensitive personal data, a platform owes a heightened duty to ensure accuracy and integrity.

The court held that Meta failed to deploy adequate safeguards to prevent or mitigate the harm.

As a global technology company with vast resources, Meta was expected to implement effective content-review mechanisms, rapid takedown processes and safeguards proportionate to the risks posed by misinformation. Its failure to do so, the court held, amounted to regulatory non-compliance.


Kindly share this post
Continue Reading

General News

Paradigm Initiative Condemns the Internet Shutdown and Media Restrictions in Uganda Ahead of the 2026 General Election

Published

on

Kindly share this post

Paradigm Initiative (PIN) strongly condemns the internet shutdown implemented in Uganda ahead of Thursday’s general election, as well as the restrictions placed on media coverage of protests and demonstrations. These actions constitute serious violations of digital rights, media freedom, and democratic principles at a critical moment in the country’s electoral process.

Paradigm Initiative Condemns the Internet Shutdown and Media Restrictions in Uganda Ahead of the 2026 General Election

Internet Shutdown

Evidence indicates that internet access across Uganda has been disrupted, affecting social media platforms, messaging services, and online news outlets.

This development comes despite earlier public assurances by the Uganda Communications Commission that the government did not intend to shut down the internet during the elections.

The shutdown represents a troubling reversal of that commitment and raises serious concerns about transparency, accountability, and respect for fundamental rights.

Uganda has a well-documented history of internet shutdowns during elections, including during the 2016 and 2021 general elections. In 2021, a near-total internet blackout lasted several days, severely undermining freedom of expression, access to information, election observation, media reporting, and economic activity.

Repeating these measures despite widespread national, regional, and international condemnation demonstrates a continued pattern of using digital restrictions as a tool of election management.

Paradigm Initiative further condemns directives preventing media houses from covering protests or demonstrations during this period. Such restrictions violate media freedom and the public’s right to receive information, and undermine the role of the press as a democratic watchdog. Suppressing coverage of protests fuels misinformation, heightens tension, and erodes public trust in the electoral process.

Article 29 of the Constitution of the Republic of Uganda guarantees the rights to freedom of expression, freedom of the press and other media, and access to information. Uganda is also a State Party to the International Covenant on Civil and Political Rights (ICCPR) and the African Charter on Human and Peoples’ Rights, which protect these rights under Articles 19 and 9, respectively.

Any restriction on these rights must meet the strict tests of legality, necessity, proportionality, and legitimate aim. Blanket internet shutdowns and platform restrictions fail these tests and are incompatible with Uganda’s constitutional and international obligations.

At the international level, the United Nations Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression, together with other UN Special Procedures mandate holders, has consistently affirmed that internet shutdowns are inherently disproportionate and can never be justified under international human rights law, including during elections, protests, or periods of political tension.

The African Commission on Human and Peoples’ Rights has recently issued a specific call urging the Government of Uganda to keep the internet on and to respect freedom of expression and media freedom during the current electoral period.

This call builds on established African human rights standards, including Resolution 580 on Internet Shutdowns and Elections in Africa and Principle 38 of the Declaration of Principles on Freedom of Expression and Access to Information in Africa, which prohibits States from interfering with access to digital technologies.

Internet Service Providers and technology companies operating in Uganda also bear responsibility under the UN Guiding Principles on Business and Human Rights to respect human rights, ensure transparency, and avoid complicity in unlawful or disproportionate restrictions on connectivity.

Paradigm Initiative calls for:

The immediate restoration of full internet access across Uganda and an end to all forms of digital disruption during and after the electoral period.

The withdrawal of all directives restricting media coverage of protests, demonstrations, or political developments during elections.

Accountability from Internet Service Providers, including the publication of transparency reports to users detailing government orders affecting internet access.


Kindly share this post
Continue Reading

Trending