Why did Pwan Real Estate Company in Lagos Nigeria Fail?

PWAN GROUP is a conglomerate of different affiliate companies, and the brainchild of PWAN HOMES LIMITED. The Company has evolved into a choice Real Estate Developing and Marketing Company and pioneered the move of Real Estate development and marketing in Lagos.

Along the line though they have made some mistakes that has meant other companies have overtaken them but the lack of innovation, branding and 21st century business sense means that it is a must to evolve as a business. Evolve or die. Is there still hope for PWAN homes?