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Market news

Published stories attached to the Market news category.

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Page 21 of 49

News

Nigeria tops African countries with most homeless population as review estimates 4.5 million

Estimates compiled by World Population Review put Nigeria's homeless population at about 4.5 million in 2025, the largest on the continent, with Uganda and Sudan next at 4 million and 3 million respectively.

News

Matongo residents demand fair property valuation as Barrick's North Mara mine expands

Residents of Matongo Village in Tanzania's Mara Region say land, houses and trees must be properly valued before areas are surrendered to Barrick's North Mara Gold Mine, and want alternative land for families forced to relocate.

News

ArdhiSasa land platform hit by fresh outage as lawyers raise reliability concerns

Kenya's ArdhiSasa digital land platform suffered a fresh system outage on Monday, disrupting land searches, property transfers and title registration weeks after the Law Society of Kenya flagged prolonged unavailability.

News

Lagos rents push two-bedroom flats in Ikoyi to N17.25m a year as tenants move to Ogun

Annual rents for two-bedroom apartments in Lagos have climbed to about N18 million in Victoria Island and N17.25 million in Ikoyi, pushing households towards cheaper communities in Ogun State, a housing analysis shows.

News

UPDC REIT rallies 34.9% as rental income surge outpaces Nigerian market

UPDC Real Estate Investment Trust was the Nigerian Exchange's top gainer for the week ended September 18, rising 34.91 per cent to ₦18.55, a repricing that has run ahead of a first-half earnings increase driven by an 88.35 per cent jump in rental income.

Article

Middleman racket: brokers and speculators push Lagos property prices higher

A new breed of property broker that buys or controls undervalued homes and land before reselling at a margin is adding pressure to Lagos prices, though estate agents disagree on how much of the increase is broker-driven and how much reflects land, cement and financing costs.

News

Tanzania’s e-Ardhi system lets citizens sign land titles from any region

Tanzania’s e-Ardhi digital land administration platform now allows citizens to sign title deeds without travelling to the region where the service originated, land officials said during a public education session in Ruvuma.

News

Lagos Real Estate Firm Petitions IGP Over Demolition Of Ikeja GRA Property

Nigercat Nigeria Limited has petitioned Inspector-General of Police Olatunji Disu, alleging that police operatives demolished part of its property at Oduduwa Crescent, Ikeja GRA, and replaced its gate.

News

Kigali Heights Developer Placed Into Insolvency Liquidation After Selling Its Only Asset

Kigali Heights Development Company Ltd is being wound up after selling the Kigali Heights commercial complex to Yyussa Company in a deal valued at $31.8 million, with creditors given until October 10 to file claims.