News by Country
Published stories attached to Nigeria.
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A new high-rise residential tower in Ikoyi targets Lagos's premium housing market by combining eco-friendly infrastructure, high-end amenities, and strict structural compliance standards.
Despite a N50 trillion financing gap and over 20 million deficit in housing, Nigeria’s N600 million listed REIT market remains underutilized for mass residential funding amid high interest rates and regulatory constraints.
Weak project financing, delayed infrastructure, and over-reliance on off-plan buyer deposits leave subscribers holding illiquid plots in stalled residential developments across Nigeria.
Prime real estate across Lagos Island continues to surge as land values in high-end enclaves like Ikoyi reach historic benchmarks driven by persistent demand, scarce land supply, and FX hedging strategies.
Demand for housing finance increased in Nigeria during the second quarter of 2026, according to the Central Bank of Nigeria. Rising demand for house-purchase loans and mortgages points to growing interest in formal financing despite continued affordability challenges.
The FCT Administration has formally shut the secretariat of the dissolved committee overseeing the sale of Federal Government houses in Abuja. A new division within the Department of Land Administration will now handle related matters.
Bigger federal allocations could give Benue and Nasarawa more firepower for infrastructure development. The additional funding is expected to support projects aimed at improving roads, connectivity and broader economic activity
Lagos’ infrastructure ambitions could be undermined by weak coordination between key project stakeholders. LWC and Julius Berger are calling for closer collaboration to improve delivery and the city’s rapidly expanding infrastructure network.
Kogi lawmakers are advancing a new tenancy law aimed at curbing arbitrary rent increases and excessive agency charges. The proposed framework would also require estate agents to register with the state Ministry of Housing.