Navigating the Hurdles of Financial Analysis and Real Estate Investment in Nigeria

Forevermore Investment, an enterprising group of companies based in Nigeria’s Federal Capital, Abuja, is revolutionizing the real estate landscape despite formidable obstacles. Over the past four years, this dynamic organization has emerged as a significant player in real estate, automobiles, agriculture, and cooperative financial services.

Led by Kyomnom Bargo Kachiro, a financial analyst turned real estate maverick, Forevermore Investment has fearlessly maneuvered through a maze of economic challenges, all while upholding an unwavering commitment to quality. With a Bachelor’s degree in Accounting from the University of East London and an MBA from the University of Wales, Mr. Bargo embodies the company’s resolute spirit.

“Knowledge is power, Information is key. Calculate your risks efficiently and take them,” asserts Mr. Bargo, encapsulating his approach to the volatile Nigerian economy and the burgeoning real estate sector.

Forevermore Investment, registered with the Corporate Affairs Commission of Nigeria, has been boldly venturing into ground-breaking projects. Its signature initiative, Bargos by Forevermore Real Estate, offers five-bedroom terrace housing with advanced smart technology and high-quality fixtures. “We offer smart homes that provide overall comfort and good living, creating a haven of serenity to secure luxurious and healthy living,” explains Mr. Bargo.

What sets these homes apart is their adaptability, offering upgradable housing that can be altered to suit current market trends. This unique approach not only enhances the home’s value over time but also increases its resale value. Forevermore Investment is currently working to establish estates and facilities in strategic locations in Abuja, such as Katampe Extension and Guzape.

Interestingly, this ambitious company aims to provide the first mosquito-free estate zone in Nigeria, thus enhancing the health and wellbeing of its residents. Beyond its real estate ventures, Forevermore Investments is keen on forging partnerships with government agencies and ministries to construct offices and staff homes.

Explaining the challenges faced by the company, he said: “One of the most obvious challenges is the economy, but it is the one thing one has to be most prepared to face as inflation is more than likely to occur on a somewhat regularly basis”.

Furthermore, he notes that navigating delays in building plan approval and bureaucratic hurdles demands patience and proactive measures.

Mr. Bargo offers valuable advice to aspiring professionals in the field, emphasizing the need to deeply understand the local real estate market, cultivate relationships, stay informed, seek mentorship, educate clients, maintain consistency, and embrace technology. “Technology is changing the real estate industry, so it is important to embrace it,” advises Mr. Bargo.

Despite the multitude of economic challenges and the escalating cost of building materials due to the recent removal of fuel subsidies, the company continues to devise innovative solutions and adeptly navigate the ever-changing tides of the Nigerian economy. Their resilience and unwavering commitment to excellence serve as a beacon of inspiration, demonstrating the transformative power of innovation in even the most daunting circumstances.