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Development

Published stories attached to the Development category.

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News

Court Orders Forfeiture of 52 Lekki Homes Over Illicit Funds Claims

A Lagos court has transferred ownership of 52 luxury housing units to the Nigerian government after a major asset recovery case. The ruling highlights growing scrutiny of real estate transactions linked to suspected financial crimes.

News

Kebbi Advances 250-Home Estate to Expand Affordable Housing Supply

A new housing estate in Kebbi is moving forward as the state targets more planned residential communities. The project aims to ease housing pressure while supporting urban growth and construction activity.

News

FMBN Finances Over 9,000 Homes in Two-Year Housing Push

Nigeria’s housing finance agency has accelerated affordable housing delivery with funding for more than 9,000 units. The move highlights a growing push to expand home access through mortgage-backed development.

News

Enugu Approves 19,000 Homes in Major Housing Expansion

Enugu is taking a bold step to tackle its housing shortage with plans for 19,000 new homes. The twin developments could reshape the state's residential market while supporting long-term urban growth.

Article

Cape Winelands Airport Unveils R8 Billion Undulating Green Terminal Concept

he major redevelopment of Cape Town's upcoming second commercial airport shifts gears into reality as architects release early structural designs rooted in the region's vineyard heritage.

Article

FMBN Delivers 9,076 Affordable Housing Units to Help Combat Nigeria's Deficit

A major funding surge from the Federal Mortgage Bank of Nigeria has driven a massive acceleration in low-cost housing builds and individual mortgage loans over the last two years.

Article

Pretoria's Historic Groenkloof Bowls Club Ground Sparking Intense Council Standoff

A controversial municipal plan to carve up a 60-year-old Pretoria bowls club for high-density, low-cost housing has sparked deep political warfare and intense outrage in South Africa's capital.

News

Lagos Upgrades Transport Plan to 11 Rail Lines and One Monorail to Boost Real Estate Growth

Lagos is dramatically expanding its rail master plan to 11 lines and a monorail to tackle congestion and open up new housing corridors, backed by a new dedicated railway training school.

News

Lagos Government Demands Rapid Speedup of 940-Unit Egan-Igando and Ipaja Housing Schemes

The Lagos State Government is cracking down on delayed construction timelines in a aggressive bid to deliver nearly 1,000 subsidized homes. Contractors have been issued stern warnings as officials deploy cost-saving engineering tricks to protect low-income buyers from rampant inflation.