News by Country
Published stories attached to Nigeria.
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Real estate expert Moshood Ajeniya says rising prices, rents and construction costs are pushing more middle-class Nigerians toward long-lease property ownership, which needs far less upfront capital than buying outright.
Two residents were rescued alive after the ground floor of a six-flat building collapsed in Kubwa, Abuja, with no fatalities recorded.
The Nigerian military has reaffirmed its commitment to providing affordable housing for armed forces personnel, with the new Defence Properties Limited managing director pledging to expand the company's real estate activities.
A new analysis maps Nigerian private wealth across a handful of elite neighbourhoods in Lagos, Abuja, Port Harcourt, Ibadan and Enugu, revealing how high-net-worth residential property is concentrated in far fewer locations than most people expect.
Immediate past FIABCI-Nigeria President Akin Opatola argues that real estate development should prioritise community building over mere property construction as the industry seeks greater international recognition.
REDAN has called for reforms to Nigeria's land titling system and government-backed housing subsidies, citing Egypt's model where support cut low-income housing costs by about 60 per cent.
Ace Real Estate CEO Ayobami Akindipe is launching The Twist into Victoria Island's premium residential segment as land values and rents continue to surge across the Lagos district.
Purple Real Estate Income Plc was the sole price decliner on the NASD Over-the-Counter Securities Exchange on Wednesday, pulling down the platform by 0.13 per cent.
Ogun State is expanding affordable housing projects and flexible financing options, including rent-to-own, to improve access to homeownership for residents.