25/10/2025
Chief Fabian Nwaora is regarded as one of Nigeria’s leading real estate investors.
His journey began through an apprenticeship, where he learned to trade household electrical supplies under the guidance of his older brother.
After gaining experience, he moved through Kano and Sokoto before eventually settling in Abuja in search of better opportunities.
While in Abuja, he purchased an affordable plot of land in Idu, built his personal residence, and rented out the boys’ quarters. With land being inexpensive and returns impressive at the time, he reinvested by acquiring more land, developing properties, and leasing them out.
From this point, the idea that would eventually become Efab Properties Ltd took shape. He secured loans, acquired more lands, and constructed buildings for both sale and rental purposes.
Today, Efab Properties Ltd boasts 15 ultra-modern residential estates across the Federal Capital Territory.
To optimize operations and cut overhead costs, he established a construction division within the company. This arm handles all building projects within the estates and also takes on external construction contracts.
In addition, he owns First Generation Mortgage Bank Ltd, which has granted over 2,400 mortgage loans since it began operations.
Chief Nwaora hails from Akabu, Osumenyi in Nnewi South Local Government Area of Anambra State, where he proudly bears the traditional title, “Chikeluba.”
For more than three decades, he has delivered premium real estate developments across the FCT and beyond, creating jobs and contributing to national growth.
Good evening,
Have a wonderful weekend.
Credit: Dan Madu (Rephrased version).
