News by Country
Published stories attached to Nigeria.
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Nigerian real estate developer Efficacy Development PLC has signed a N50 billion commercial paper agreement with Pathway Advisors Limited to complete ongoing projects and expand its housing portfolio.
Devtraco Group, a Ghanaian developer with more than three decades of experience, is courting Nigerian investors for its Accra luxury portfolio while exploring large-scale housing projects in Nigeria.
Ghana-based real estate firm Devtraco Plus Nigeria Limited has called on Nigerian investors and developers to look beyond local borders, citing Ghana and Accra as compelling markets for cross-border property investment.
Lagos State, through LASISMA and the Ikoyi-Obalende LCDA, is moving to curb illegal encroachment of open spaces, setbacks and walkways, weeks after issuing a seven-day ultimatum to occupants of makeshift structures on public institution corridors.
A Sunday fire destroyed shops and goods reportedly worth millions of naira at Eda Plaza, a building materials market in Jabi, Abuja.
Real estate entrepreneur My-ACE China, known as the Mayor of Housing, says Nigeria has exploited only about 5% of its real estate assets and forecasts foreign inflows surging from $96bn to $960bn.
Isuan Agro Estate Ltd (ARAHA) hosted its Land Bankers Summit in Abuja, urging more government infrastructure in rural areas and better education for would-be property investors.
House rents have surged by 100 per cent to over 150 per cent in major Nigerian cities, and experts are urging government action on affordable housing supply, financing and building material costs.
Powell Homes and Shelters Ltd has launched its Real Estate Ownership Made Easy initiative in Enugu, offering discounts of up to 10 per cent on plots until September 30.