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Lamudi Nigeria Records New Milestone of 20,000 Listings

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Lamudi Nigeria, formally cemented its position as Nigeria’s leading property marketplace on Friday last week, reaching a series of milestones including 20,000 property listings on its website.

Launched in October 2013, Lamudi is now operating across 28 countries in Africa, Asia and South America with further expansion planned in the future.

Over 500,000 properties are now listed worldwide on the platform. Lamudi Nigeria alone has seen a doubling in its property listings within 3 months, having marked 10,000 properties in April this year.

This milestone comes shortly after the launch of the Lamudi mobile appfor Android devices and coincides with the launch of the Lamudi YouTube channel increasing the variety of channels by which consumers can access and experience the listings of Lamudi Sellers as well as knowledge and news on the Nigerian real estate sector.

Sharing her views about the Real Estate Market in Nigeria, Allie Morse, chief executive officer Lamudi West and Central Africa, stated that, “For Lamudi Nigeria to achieve over 20,000 listings in less than a year speaks to the opportunity in the market and the excitement of our partners to display the very best of Nigerian real estate to the world.”

Last week also saw Lamudi Nigeria solidify its position in the sector with the signing of partnership agreements with two of Nigeria’s leading professional real estate entities.

First of all, Jide Taiwo & Associates, the country’s biggest real estate firm with over 23 branches nationwide, renewed its collaboration with Lamudi with a nationwide agreement to market its listings.

 Mr Sina Ganiyu, senior partner and chief executive officer for Jide Taiwo & Co, commented on the signing, stating thus, “We decided to trial Lamudi when they first came into the market in 2013 and we have been impressed by the level of service, attention to detail and rate of success that they have achieved for us as a client within such a short time. To us, Lamudi is not an advertising channel, Lamudi is more a valued strategic partner intrinsically invested in our success. Together, we are going to increase our international reach as a firm.”

In a related event, Lamudi Nigeria also secured a formal partnership with the Lagos State Chapter of the Estate Rent & Commission Agents Association of Nigeria (ERCAAN) – Nigeria’s largest association of estate agents.

This partnership will see Lamudi forming closer bonds with ERCAAN members through training, joint activities and listings to help drive greater transparency and professionalism in the industry.

Commenting on the development, Hon. Godwin Alenkhe, chairman of ERCAAN, Lagos Chapter, referred to the significance of the collaboration this way: “As an association, ERCAAN covers every one of the 57 local government areas of Lagos. We are also a major stakeholder in the Lagos State Real Estate Transaction department under the Ministry of Housing.

Our overall aim is to enhance the professional abilities of real estate practitioners in Lagos state and this unprecedented development with Lamudi is the perfect opportunity to boost our presence, communicate our business ethics and extend the reach of the services of our members through online channels to both local and international property seekers.”

Also, Obi Ejimofo, managing director of Lamudi Nigeria, gave his view on the week; “We have definitely had a very busy week at Lamudi. But this success is certainly not a one-off,these milestones have all been in the pipeline.”

“We have grown 5 times in size in 4 months, but at the same time, we have matched this incredible expansion with a sound foundation of customer service and innovative online marketing. It is our intention to take the stress and complication out of the real estate process, and our partners recognize and support us in this objective. We are now setting our sights to reaching 40,000 listings in the next few months but we recognise that this is no way near enough to meet the demand for housing in Nigeria.”

Lamudi Nigeria has announced it now has more than 20,000 listings on the platform while it has also extended its services to provide wider property selections in major Nigerian cities such as Lagos, Abuja and Ibadan.

 


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LG Electronics Celebrates Women Who Power Progress @ 2026 Women’s Month Event

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LG Electronics has reinforced its commitment to gender inclusion and women’s empowerment with the successful hosting of its 2026 Women’s Month event, themed “Women Who Power Progress,” at its Lagos office.

The event brought together accomplished women from diverse industries for a thought‑provoking panel discussion that explored their personal journeys, career-defining moments, and the inspiration behind their success in traditionally male-dominated and highly competitive fields.

The distinguished panel featured award‑winning filmmaker Mrs. Biodun Stephen, Mechanical Engineer Engr. Adeola A. Adeleke, Interior Design Leader Dr. Jennifer Chukwujekwe, and MEP Engineer Engr. Moyosore Onabolu. The session was expertly moderated by actress and entrepreneur Blessing Obasi‑Nze, who guided candid conversations around ambition, resilience, and purpose.

Throughout the discussion, panelists shared compelling stories of perseverance, the challenges they overcame, and the values that shaped their professional paths. They also offered practical advice to women navigating their careers, emphasizing the importance of resilience, continuous learning, self-belief, and mentorship as key drivers of long-term success.

A major highlight of the event was the keynote address delivered by Engr. Dr. Funmilade Akingbagbohun, the first female National Chairman of the Nigerian Institution of Mechanical Engineers (NIMechE), Mechanical Engineer, and STEM Advocate. Her keynote address tagged “Women Building, Fixing, Innovating, and Powering the Future of Technology,” delivered a compelling call to action for women, organisations, and society at large.

“Women are building, fixing, innovating, and powering the future of technology. As we mark International Women’s Day, my call to action is simple but urgent: rise, build, break barriers, and lift others along the way,” she said.

“To organisations like LG Electronics, continue to foster inclusive environments where women can thrive, lead, and innovate. To every woman here, be bold, pursue excellence, and never underestimate your potential. To the next generation, embrace STEM careers with confidence and courage. And to all of us, support one another because success is more meaningful when it is shared.”

“While we celebrate progress, we must acknowledge the challenges that still exist, from gender stereotypes and underrepresentation in leadership to the pressure of balancing multiple roles. Yet today’s woman is competent, resilient, and visionary. We are no longer waiting for opportunities; we are creating them, claiming them, and excelling in them. When women rise, organisations grow, and society progresses. There is no limit to what we, as women, can accomplish.”

Speaking at the event, the Managing Director of LG Electronics, Mr. Hyoung Sub Ji, underscored the company’s belief in the transformative power of inclusion.

“At LG Electronics, we believe that empowering women is not just a social responsibility, it is a catalyst for innovation, growth, and sustainable progress. Creating platforms where women’s voices and experiences are celebrated is essential to building a more inclusive future,” he said.

Held in a vibrant and engaging atmosphere, the event also provided a valuable networking platform for attendees to connect, celebrate achievements, and exchange ideas in a relaxed and inspiring environment.

In line with the broader International Women’s Day theme, “Give to Gain,” LG Electronics used the occasion to reaffirm its belief that investing in women strengthens communities, organisations, and society at large.

Through initiatives like “Women Who Power Progress,” LG Electronics continues to champion diversity and inclusion, celebrating women who are not only breaking barriers but actively shaping the future and powering progress across industries.


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EFCC Waxes Worriedly over $160Bn Crypto Crime Losses

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Economic and Financial Crimes Commission (EFCC) has warned of rising cryptocurrency-related crimes, revealing that illicit digital currency transactions exceeded $160 billion globally in 2025.

EFCC Waxes Worriedly over $160Bn Crypto Crime Losses

Ola Olukoyede, chairman, raised the concern during the inauguration of the United Nations Office on Drugs and Crime Country Programme for Nigeria (2026–2030) in Abuja.

Olukoyede, warned that digital currencies such as Bitcoin are increasingly being exploited by criminal networks to move funds across borders undetected.

According to him, advances in technology, weak regulatory frameworks, and gaps in global financial systems have created fertile ground for cyber-enabled financial crimes.

The anti-graft agency boss stressed that tackling cryptocurrency crime required coordinated national strategies, stronger institutions, and intelligence-driven enforcement.

According to him, the new UNODC programme comes at a critical time when Nigeria and the global community are facing growing threats from organised crime, cybercrime, and illicit financial flows.

Olukoyede described the initiative as a strategic platform to strengthen the rule of law, improve the criminal justice system, and protect citizens from financial and violent crimes.

Musa Aliyu, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), in his comments, called for stronger inter-agency cooperation.

Aliyu said Nigeria faced interconnected threats, including violent extremism, smuggling, organised crime, and illicit financial flows, warning that no single agency could address them alone.

 

 


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FG Awards N50m Each to 45 Students under S-VCG

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Federal government has awarded N50 million each to 45 students selected from 65 finalists drawn from public and private tertiary institutions nationwide under the Student Venture Capital Grant (S-VCG).

FG Awards N50m Each to 45 Students under S-VCG

Tunji Alausa, minister of Education, unveiled the initiative at the weekend at the United Nations Development Programme Innovation Hub in Ikoyi, Lagos, describing it as a bold step toward positioning Nigerian youth as drivers of global innovation.

Alausa said the programme marked a significant shift in education policy, aimed at empowering students through innovation, entrepreneurship, and skills development. He noted that the grant offers equity-free funding, mentorship, incubation, and access to digital tools.

He explained that the beneficiaries emerged after a rigorous selection process involving over 30,000 applicants from more than 400 tertiary institutions across the country, culminating in a three-day bootcamp and pitch session before industry experts.

According to the minister, the initiative is designed to transform tertiary institutions into hubs of innovation and economic development, enabling students to move from ideation to commercialisation and become job creators.

“Today is not just another programme event. We are activating a new future for Nigerian students where great ideas are nurtured into impactful solutions,” he said.

Also speaking, Suwaiba Ahmad, minister of State for Education, described student entrepreneurship as a critical national strategy for job creation and economic growth. She emphasised the need for institutions to move beyond theory and support students in translating ideas into viable enterprises.

Similarly, Bosun Tijani, minister of Communications and Digital Economy, commended the initiative, urging beneficiaries to focus on building sustainable and impactful solutions rather than pursuing short-term gains.

He advised students to adopt consistency and long-term thinking, noting that small, sustained efforts could lead to meaningful innovation and societal impact.

In her goodwill message, Elsie Attafuah reaffirmed the commitment of the United Nations to supporting Nigeria’s innovation ecosystem.

She encouraged beneficiaries to refine their ideas, respond to market needs, and contribute meaningfully to national development through innovative solutions.

The minister acknowledged key partners, including the UNDP, Google, and the Bank of Industry, for their support in implementing the initiative and expanding opportunities for young innovators across Nigeria.


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