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Published stories attached to the Market news category.
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Buildings are still collapsing across Nigeria, and industry experts say many deaths could have been avoided. Stakeholders are now warning that weak enforcement, poor materials, and rushed construction are pushing the country deeper into a housing safety crisis.
Nigeria’s housing crisis is now being worsened by soaring diesel prices. Developers say fuel costs are increasing everything from material transport to construction site operations.
Rent hikes across Lagos are pushing tenants to breaking point, but landlords say they are under pressure too. Developers and agents blame inflation, construction costs, and economic instability for the city’s worsening affordability crisis.
South Africa’s richest city is losing wealthy residents as confidence in governance and infrastructure weakens. Property experts warn the fallout could hit home values and long-term investment sentiment.
Rent prices are climbing rapidly across Nigeria’s biggest cities as urban migration intensifies housing demand. Analysts say speculation and investor-driven pricing are making affordable housing even harder to find.
Cement prices in Nigeria have jumped as high as ₦12,000 per bag, intensifying the country’s housing crisis. Lawmakers now suspect possible market distortions and anti-competitive practices within the construction sector.
Apartment hunters in Lagos are losing money to fake listings and fraudulent agents as rents spiral higher. The city’s worsening housing shortage is creating the perfect environment for rental scams to thrive.
Ghana’s construction costs are finally cooling after last year’s painful spikes. But while overall inflation is slowing, some building materials are still getting more expensive.
Real estate is now one of Nigeria's biggest economic contributors. The problem is the scale of investment needed to close the housing gap is almost unimaginable.