At its recently held virtual Annual General Meeting, the company’s Chairman, Emmanuel Nnorom, said Afriland was well-positioned to tap into emerging real estate opportunities across Nigeria in 2025. He emphasized that innovation, sustainability, and customer satisfaction remain central to the company’s expansion strategy.
“The real estate sector stands to benefit from government-driven housing initiatives and ongoing infrastructure developments. We’re focused on scaling our impact through smart solutions, partnerships, and a forward-thinking approach,” Nnorom stated.

While the sector faced significant challenges in 2024—including rising construction costs and limited credit access—Afriland managed to maintain a steady growth trajectory. Nnorom noted that urbanization trends in Lagos, Abuja, and Port Harcourt continued to boost demand for residential and commercial properties, creating room for growth.

He also highlighted the role of digital transformation, such as smart building technologies and prop-tech solutions, in enhancing operational efficiency and investment appeal within the sector.

Despite economic headwinds, Afriland’s strategic investments and adaptability enabled it to expand its footprint, delivering strong financial results and positioning the company for an even more impactful year ahead.

With a growing project pipeline and sustained shareholder returns, Afriland Properties is reinforcing its role as a key player in Nigeria’s evolving real estate market.

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Afriland Properties Plc has appointed Azubike Emodi as its new Managing Director and Chief Executive Officer (MD/CEO), following the departure of Uzo Oshogwe, who now leads Transcorp Hotels Plc.

Azubike Emodi brings over 20 years of experience in financial services, real estate development, and strategic planning. He has previously held key leadership roles at Royal Bank of Canada, VFD Group, VBank, Anchoria Asset Management, and most recently, Herel Global, where he spearheaded high-impact financial and real estate projects.

As the new MD/CEO, Emodi will drive Afriland Properties’ vision by leveraging its vast land bank and executing significant residential and commercial real estate projects.

Speaking on the appointment, Emmanuel Nnorom, Chairman of the Board of Afriland Properties Plc, expressed confidence in Emodi’s leadership.

“We are delighted to welcome Azubike Emodi as our new MD/CEO. His vast experience, strategic mindset, and exceptional leadership make him the perfect choice to lead the company’s next growth phase. With his expertise, Afriland will continue delivering innovative real estate solutions and creating value for stakeholders.”

Emodi, in his remarks, reaffirmed his commitment to innovation and sustainable real estate development.

“I am honored to lead Afriland Properties Plc at such a pivotal time. The company’s strong legacy of excellence in real estate development is unmatched, and I look forward to working with our talented team to drive sustainable growth, create world-class properties, and enhance stakeholder value.”

Afriland Properties Plc remains a key player in Nigeria’s real estate sector, known for developing Afriland Towers in Marina, Lagos, Heirs Towers in Victoria Island, and The Residences in Ikoyi. The company is also working on Afriland Estate in Karmo, Abuja, a 104-unit residential community, reinforcing its commitment to modern, well-planned urban development.

The Convener of the Africa International Housing Show (AIHS), Festus Adebayo, hailed Azubike Emodi’s appointment and urged him to build upon the solid foundation laid by Uzo Oshogwe, whom he described as a pioneer and a high performer who delivered results.

“AIHS is confident that with the solid foundation already laid by the former CEO, Uzo Oshogwe who now heads Transcorp Hotels, the new MD will thrive and take Afriland Properties to greater heights.”

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