Connect with us

Business

How Lagos Smart City Projects Are Transforming Real Estate Investment Opportunities in 2025 by Dennis Isong

What is a Smart City? A smart city uses digital technology and data to make life easier, safer, and more efficient for residents

Published

on

55 Views

Lagos has always been the heartbeat of Nigeria’s economy, but in 2025, the game has completely changed.

Smart city projects like Eko Atlantic, Alaro City, and Lekki Free Zone are not just buzzwords anymore — they are real, thriving hubs that are redefining real estate investment opportunities in Lagos.

If you’re thinking about buying, investing, or simply understanding where the next big wave is in property, this is the right time to pay attention.

What is a Smart City?

A smart city uses digital technology and data to make life easier, safer, and more efficient for residents.

Think better roads, uninterrupted electricity, clean water, efficient waste management, and smart housing — all working together like clockwork.

Lagos is on a mission to create cities that think, learn, and adapt, making it one of the fastest-emerging smart hubs in Africa.

Major Lagos Smart City Projects to Watch in 2051.

  1. 1.Eko Atlantic City

Eko Atlantic is often called the “Dubai of Africa,” and rightly so. Built on reclaimed land from the Atlantic Ocean, this city offers:

World-class residential apartments

Top-grade commercial offices

Luxury hotels and entertainment zones

Property prices in Eko Atlantic are rising fast, with a strong influx of international investors.

2. Alaro City

Located within the Lekki Free Zone, Alaro City is designed for mixed-use — industrial, commercial, and residential purposes. It promises:Industrial warehouses

Modern homes Commercial spaces Green parks and world-class roads

Good News: Early investors are already reaping returns as land prices have appreciated significantly since launch.

Smart city projects like Eko Atlantic, Alaro City, and Lekki Free Zone are not just buzzwords anymore — they are real, thriving hubs that are redefining real estate investment opportunities in Lagos.

3. Lekki Free Zone

This project is a full package — industries, ports (Lekki Deep Sea Port), and residential areas, all integrated with technology for easy living.

The Lekki-Epe axis is exploding with demand for residential and industrial real estate.

Why Smart Cities Are Shaping the Future of Real Estate Investment

High Demand for Housing: Tech professionals and foreign investors moving into these smart cities will need accommodation.

Strong Rental Yields:

Short-let apartments and high-end rentals in these zones are already fetching excellent returns.Better Infrastructure:

Investors love stable electricity, good roads, and security — all essentials in smart cities.Increase in Land Value: Buying early in or near these projects can multiply your investment within a few years.

Areas Around Smart Cities You Should Be Watching

Ibeju-Lekki (close to Alaro City and Lekki Free Zone)Victoria Island Extension (near Eko Atlantic) Epe (the new frontier for affordable investments).

Now is the Time to Position Yourself.

The Lagos smart city revolution is not something to watch from afar — it’s happening now.

Early movers are locking down prime properties, while others will pay premium prices later.

If you have been thinking about owning real estate in Lagos, focusing on smart city areas is your golden ticket.Take Action Today!

If you need guidance or help securing high-potential properties, don’t worry — your favorite real estate plug, Dennis Isong, is just a call away.

STOP LOSING MONEY IN LAGOS REAL ESTATE!

Learn How to Protect Your Investment Today. => LandProperty.ng/free Your future deserves the assurance of due diligence.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Dangote refinery gets new CEO

David Bird is the former head of Oman’s Duqm Refinery

Published

on

By

20 Views

The Dangote Petroleum Refinery and Petrochemicals has appointed David Bird, the former head of Oman’s Duqm Refinery, as its new Chief Executive Officer.

A report by S&P global on Friday said, Bird heads the refinery’s petroleum and petrochemicals division in a strategic move to overcome production challenges and advance its next wave of expansion.

Effective from July 2025, the former Shell head of operations at its Balau Pokom refinery stepped in as CEO of the Dangote Group’s fuels and petrochemicals business, which commissioned the world’s largest single-train refinery last year.

The CEO participated at the just concluded Dangote Leadership Development Program Graduation Ceremony.

Continue Reading

Business

Trump Imposes 15% tariff on Nigerian Imports

Under the revised tariff schedule:15% tariffs now apply to Nigeria, Angola, Ghana, South Korea, Turkey, Japan, Israel, Norway, and several others.10% tariffs target countries such as the Falkland Islands, the United Kingdom, and others not explicitly listed.

Published

on

By

34 Views

US President Donald Trump has approved a 15 percent import tariff on Nigeria and dozens of other countries.

The White House announced the implementation of the new reciprocal tariff rates on Thursday.

In April, Trump imposed a 14% tariff on Nigerian imports, citing the need for fairer trade terms.

That move was followed by a 90 – day grace period to allow time for bilateral trade negotiations, pushing the final decision deadline to August 1.

However, the majority of talks failed to result in new trade agreements.

As a result, the new tariff rates are now being implemented, with Nigeria among dozens of countries facing increased duties under the revised plan.

African countries, including Nigeria, were unable to secure individual trade deals with the United States despite urgent efforts from both sides.

During the negotiation window, Trump also reintroduced travel restrictions targeting several African nations. Though Nigeria was initially exempt, it was later added to the list as the policy evolved.

Under the revised tariff schedule:15% tariffs now apply to Nigeria, Angola, Ghana, South Korea, Turkey, Japan, Israel, Norway, and several others.10% tariffs target countries such as the Falkland Islands, the United Kingdom, and others not explicitly listed.

Tariffs climb to 18% for Nicaragua, 19% for countries like Indonesia and Pakistan, and 20% for countries like Indonesia and Pakistan, and 20% for Bangladesh, Vietnam, and others.

10% tariffs target countries such as the Falkland Islands, the United Kingdom, and others not explicitly listed.Tariffs climb to 18% for Nicaragua, 19% for countries like Indonesia and Pakistan, and 20% for Bangladesh, Vietnam, and others.

More severe penalties include 25–41% tariffs for countries like India, South Africa, Iraq, and Syria.

Switzerland faces a steep 39% duty, while Laos and Myanmar are hit with 40%.Syria tops the list at 41%.

Meanwhile, negotiations are still ongoing with China, Washington’s main trade rival.

Canada is facing a 35% tariff, while Mexico was hit with a trio of levies, including a 50% duty on metals. Brazil, previously under a 10% tariff, was slapped with an additional 40% charge on Thursday, bringing its total to 50%.

Continue Reading

Business

EU accuses online giant Temu of selling ‘illegal’ products

EU regulators believe Temu is not doing enough to protect European consumers from dangerous products and that it may not be acting sufficiently to mitigate risks to users.

Published

on

By

77 Views

The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc’s digital rules by not “properly” assessing the risks of illegal products.

AFP reports that TEMU, wildly popular in the European Union despite only having entered the continent’s market in 2023, Temu has 93.7 million average monthly active users in the 27- country bloc.

EU regulators believe Temu is not doing enough to protect European consumers from dangerous products and that it may not be acting sufficiently to mitigate risks to users.

Evidence showed that there is a high risk for consumers in the EU to encounter illegal products on the platform,” the European Commission said in its preliminary finding.

It pointed to a mystery shopping exercise that found consumers were “very likely to find non-compliant products among the offer, such as baby toys and small electronics.”

Continue Reading

Trending