Connect with us

News

Lamudi Launches 1st Property Hotline, Eyes 50m Mobile Users

Published

on

(L-r): Albert Orizu, senior partner of Knight Frank, Obi Ejimofo, MD, Lamudi Nigeria and Ehondor Erhabor, partner, Knight Frank, discussing immediately after Lamudi Dial4Home hotline was launched.
Kindly share this post

Lamudi, leading online real estate marketplace has launched the first property hotline for the Nigerian community. The Dial-4-Home hotline has been developed as an extension to Lamudi’s market-leading Internet platform to extend access to the country’s largest database of properties to the estimated 50 million mobile users who do not have access to the internet via smartphones and tablets.

Many view Nigeria as a market with significant potential for Internet-based businesses, with over 60 percent of all Internet connections made from an estimated 12 million smartphone and tablet devices.

However, there are more than four times as many mobile subscribers who do not have access to the Internet via their device.

With the launch of Dial-4-Home, Lamudi aims to enable property-seekers without an Internet connection to access the same kind of service that users enjoy at Lamudi.com.ng.

“Technological innovation is not only about what you can achieve on the Internet,” said Obi Ejimofo, managing director of Lamudi Nigeria.

He said the Lamudi remains committed to encourage technology relevance, accessible and valuable to the broadest spectrum of users.

“We developed Dial4Home to assist those property-seekers with little or no access to the Internet. Through voice calls and SMS, they can now search a wide selection of properties, from affordable housing to luxury accommodation.

“Ever since our launch just over a year ago, we always had the intention to bring Dial-4-Home to the market. In 2014 we focused most of our efforts on building the broadest possible database of properties, real estate agents and property developers to ensure maximum customer choice. Now we are extending that choice to as many Nigerians as possible,” Ejimofo added.

By calling the Dial-4-Home number, the Lamudi Boss said, house-hunters can inquire about properties for sale or rent. Users will be able to get over-the-phone access to listings from over 7,000 property agents and developers who currently list their properties on the Lamudi Nigeria website.

“To find your dream property over the phone, call the Dial-4-Home hotline on 07000 526834; Monday – Friday: 8am – 8pm, Saturday: 10am – 5pm and Sunday: 12pm – 5pm.

Speaking at the launching of the hotline in Lagos, Chief Albert Orizu, senior partner of Knight Frank, extolled Lamudi’s leadership role in the industry in the past two years, adding that Company (Knight Frank), has found operations of the platform as professionally done and trustworthy.

Orizu also encouraged Lamudi jealously guard its image by not allowing unprincipled real estate agents to come on the platform to defraud unsuspecting members of the society.

“Lamudi has actually done a lot since its launch in this market. As one of the early partners and still partners with Lamudi, they have improves some trends in the industry. This hotline will all deepen Lamudi’s penetration and restore peoples confidence in the system. We are particularly happy with Lamudi because it has maintained its operational competencies, not interfering on matters concerning agents and clients; they only provide the platform for these people to meet.

“At the same time, Lamudi must guard against allowing unscrupulous (real estate) agents to register on their platform and defraud the people or cause chaos in the system,” he said.

To this end, Obi said that Lamudi has been apt in monitoring agents that register on the platform, adding that they have a large pool of over 7000 agents with 4000 of them already verified.

He added that Dail-4-Home provides additional credit to the process. Lamudi has in 2014 entered into partnership with Estate Rent and Commission Agent Association of Nigeria (ERCAAN).

Lamudi Nigeria is the leading online real estate market place exclusively focused on emerging markets.

The website and the apps offer easy to use and secure platform to buy, rent or sell real estate online.

Lamudi.com.ng, which started operations in October 2013, has over 40,000 residential and commercial property listing from developers and real estate agents.

The company has active offices in Lagos, Abuja, Ibadan and Port Harcourt.

Innovations

Apart from the Dial-4-Home hotline launch, Lamudi has continuously unleashed innovations in the Nigerian real estate marketing, with mobile apps for iOS and Android.

It has the Nigeria’s most read real estate blog with over 100,000 his weekly and an extensive social media presence including over one million likes on facebook.

Reach And Expertise

Lamudi operates in 28 countries across emerging markets.

It is part of a global portfolio of internet ventures with presence in many countries and has a team of over eighty young people across all major cities of Nigeria.

 


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.

News

Cybervergent Expands to Three New Markets

Published

on

Kindly share this post

Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.

It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.

An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.

It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.

According to  Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.

Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.

The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.

“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”

Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.

The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.


Kindly share this post
Continue Reading

News

FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Published

on

Kindly share this post

Federal Government has directed recipients of honorary doctorate degrees to stop using the title “Dr.” before their names, as part of efforts to protect the integrity of academic qualifications and curb the misuse of honorary awards.

FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Minister of Education, Tunji Alausa

Minister of Education, Tunji Alausa, announced the directive after the approval of the new policy by the Federal Executive Council (FEC).

Alausa said the measure was necessary to address the growing abuse, commercialisation and politicisation of honorary degrees in some tertiary institutions across the country.

He explained that honorary doctorates are symbolic recognitions of outstanding contributions to society and do not equate to earned academic qualifications obtained through rigorous study, research and examination.

“Recipients of honorary doctorate degrees are not entitled to use the title ‘Dr.’ as a prefix to their names in official, professional or academic engagements,” he said.

According to the minister, awardees may instead indicate the honorary distinction after their names using formats such as D.Litt (Honoris Causa), LL.D (Honoris Causa) or other approved honorary designations.

Under the revised policy, only universities with active doctoral programmes will be permitted to confer honorary doctorate awards.

The government also restricted recognised honorary awards to four categories: Doctor of Laws (LL.D), Doctor of Letters (D.Litt), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).

In addition, all honorary degree certificates must clearly carry inscriptions such as “Honorary” or “Honoris Causa” to distinguish them from earned academic degrees.

The minister warned universities against indiscriminate conferment of honorary degrees, noting that institutions found violating the directive would face sanctions from the National Universities Commission and the Federal Ministry of Education.

He said the policy was part of broader reforms aimed at restoring credibility to Nigeria’s higher education system and ensuring academic titles are not misrepresented for personal, political or financial gains.

Observers say the development could reshape the long-standing culture where public office holders, business executives and celebrities often adopt the “Dr.” title after receiving honorary awards.


Kindly share this post
Continue Reading

News

Africa Fintech Revenues to Hit $65 billion by 2030 – Report

Published

on

Kindly share this post

African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.

While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.

The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.

Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.

Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.

Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.

By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.

Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.

The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.

Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.

Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.

Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.

 


Kindly share this post
Continue Reading

Trending