Business
Secured location with good roads ―Airport District, Umueri-Anambra is no child’s play
Last week at one of my presentations on the state of Real Estate in Nigeria, I reminded my audience that the three most essential factors when buying a home are location, location, and location. The mathematics is simple; you can always change the condition and price of your new home. In fact, you can change the size or customize the entire feature. However, the one thing you cannot change or alter is your new home’s location. Thus, a great location remains an impeccable decision.
Hello, and welcome again to my routine Real-Estate Investment Blog. I am your real estate investment authority –certainly, the buck stops here, with me. As your land and estate development expert, it has always been my pleasure to address your real-estate or land or other investment-related issues. I work with Pwan Max property and Business Solutions,, a real estate marketing, investment, management, and development company well-known in Nigeria for providing a choice of classic serene, luxury homes within a flexible budget. In this column, I will address this question I received from another fan in the Diaspora.
I am in Diaspora trying to buy a property in Anambra State – preferably the new airport district. How can you help? Also, with all these scams going on in Nigeria, I am very reluctant to trust any agent – even family members. Jackie, how can you be of help?
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Hello Adaora,
Thank you for expressing your concerns. As I said earlier, the most essential factor when buying a home is location, so I am glad that you are looking toward the new airport district. We currently have two estates in Umueri, Anambra State. One is Flourish Estate going for 2M outright price and 2.5M for 6/12 Months Installments. The plot size is 464 sq meters.
Another is the Max Heights Estate Umueri, currently selling for 2.4M outright. The estate neighborhood also include;
- Anambra Airport
- Marist Comprehensive College Nteje
- Nwafor Orizu College of Education, etc
Furthermore, this district in a secure environment with good roads. Another good thing about the district is that you can buy, build, or resell. It’s a fast-growing area with the rich promise of business activities considering the new airport there.
I also acknowledge your concerns about a lot of scams going on in Nigeria especially as it relates to plots of land. All the plots I offer for sale are 100 percent genuine and guaranteed. You can also conduct an independent search as regards any plot you are interested in to verify the documentation, especially the genuineness of its title. You also pay directly into the company’s account and this forestalls any chances of scam.
Also note that all plots available are estate plots and as such, once allocated become yours and you may decide to develop immediately or allow to lay fallow for some years, then develop or resell when you are ready.
Again, thanks for thank trusting me with your real estate needs. For more information, feel free to email me directly by clicking on my signature below or call, 0810 088 0087. That’s my cell.
In 2023, a group of Black investors based in Atlanta agreed to buy a white-owned bank, Holladay Bank & Trust, and convert it into a Black-owned one. The investors included Dr. Bernice A. King, a daughter of civil rights icon Dr. Martin Luther King Jr; Ashley D. Bell, a former White House policy adviser, and former NFL player Dhani Jones.
They planned to rename the Utah-based institution Redemption Bank and said they wanted to provide financial services to Black communities historically underserved by financial institutions while offering online banking services and small business loans.
The deal, which was awaiting regulatory approval, would mark the first time Black investors purchased a non-Black bank, a statement by Redemption Holding Company said at the time. It would also be the first time in American history that an existing commercial bank would become a Black-owned Minority Depository Institution (“MDI”) through acquisition, the statement added.
After two years, Redemption has finally completed its acquisition of Holladay Bank & Trust. It makes it the first time a bank has been owned by a Black-led investment group in the Western U.S., the AP reported this month.
The acquisition got delayed due to the collapse of Silicon Valley Bank in 2023, Bell, CEO and chairman of Redemption Holding, told the AP.
“This process has undoubtedly taken longer than any of us anticipated,” Bell said. “However, we are grateful for the diligence of the staff at the FDIC, the leadership of the (American Bankers Association), and the renewed sense of urgency from the new administration this year, all of which helped bring everything together.”
While Bell is the CEO, King is expected to be Redemption Bank’s senior vice president for corporate strategy and serve on the company’s advisory board.
With about $65 million in assets, Redemption Bank will be the first Black-owned bank not physically located within an economically vulnerable community and the first in the Rockies, according to the AP.
It will also be the only one located in the Black-banking desert that stretches from Houston to Los Angeles, the AP added.
The company will further become the 24th Black-owned bank in the nation, termed as Minority Depository Institutions (MDI). MDI is a federal designation for banks and unions that are owned or controlled by minority groups. The most recent MDI was Adelphi Bank, launched in January 2023.
U.S. hotel chains Hilton and Marriott have announced African expansion drives to tap into the continent’s rapid tourism growth.
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
The company plans to enter Angola, Ghana and Benin for the first time while returning to Madagascar and Tanzania, its statement said without providing a specific time horizon for the expansion plans.
Marriott expects to add 50 properties by 2027, it said on Wednesday. Those will include entry into five new countries: Cape Verde, Ivory Coast, the Democratic Republic of Congo, Madagascar and Mauritania.
The group’s existing African portfolio encompasses nearly 150 properties and 26,000 rooms across 20 countries and 22 brands.
Airlines have also increased their African capacity.
Emirates now offers 161 weekly flights across Africa, recently adding daily services to Entebbe and Addis Ababa. United Airlines launched a direct Washington-Dakar route in May and Delta will begin a seasonal daily flight to Accra in December.
International arrivals to the continent rose 9% year on year in the first quarter of 2025, the United Nations World Tourism Organization says, 16% above the same period of pre-pandemic 2019.
That momentum is translating into economic impact. Tourism accounts for between 3% and 7% of gross domestic product in countries such as Kenya, Morocco and South Africa, and up to 15% in tourism-heavy economies such as Namibia, World Bank and national statistics show.
Business
AfricanShowcase 2025 Set to Transform Barking Town Centre into a Celebration of African Culture and Commerce
Barking Town Centre will come alive with the sights, sounds, and flavors of Africa as AfricanShowcase 2025 arrives for a one-day festival spotlighting the continent’s vibrant culture, commerce, and creativity.
Set for Wednesday, August 13, this dynamic event will feature over 30 curated stalls offering authentic African wares—from handwoven textiles and artisan jewelry to gourmet delicacies and unique cultural artefacts. Designed as both a cultural festival and a business platform, AfricanShowcase connects the public, press, and buyers directly with African creators and entrepreneurs.
Festivalgoers can expect a packed lineup of live entertainment, including performances by drummers, dancers, poets, and singers from Gambia, Ghana, and Nigeria. A high-energy runway fashion show will highlight cutting-edge African designers, while interactive workshops will invite participants to try traditional Kente weaving and head wrap styling.
The event also boasts uplifting music by Afrobeats DJs and a local gospel choir, along with a lively cultural procession that will wind through Barking Town Centre.
Sponsored by LemFi, Abfoods, Mr. Fatai Abiola, and 1Accord Living Ltd, the showcase is proudly supported by the London Borough of Barking and Dagenham Council and Town Centre Manager Lianne Douglas.
“AfricanShowcase is more than a market—it’s a celebration of Africa’s rich heritage, a platform for African businesses, and a joyful reminder of the beauty of cultural exchange,” said Ola Mustapha, Founder of Kiskirine Events Ltd.
Launched in Brent in 2003, AfricanShowcase has evolved into a signature event for celebrating African excellence in the UK, drawing crowds from across the capital. The 2025 edition promises a vibrant day of community, connection, and cultural pride.