News by Country
Published stories attached to Nigeria.
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Bank credit to Nigeria's real estate sector rose to N814.996 billion in the first quarter of 2026, but lending rates of 23 to 38 per cent are putting developers under severe repayment pressure.
Two REDAN leaders say Nigeria's housing deficit is the sector's clearest opportunity, while cost pressures, financing gaps and slow approvals remain the main obstacles.
A new ranking of Nigeria's top 10 property developers puts Mixta Nigeria first with 23,000 completed residential and retail units across nine projects.
A building that had been sealed by Abuja's Department of Development Control collapsed in Wuse Zone 4, triggering a search-and-rescue operation by multiple emergency agencies.
A Panterra Real Estate Group report shows building material prices in Nigeria rose by as much as 440% between 2019 and 2026, with cement, iron rods and roofing sheets leading the surge and putting affordable housing further out of reach.
Lagos-based commercial interior designer Micah G. Oluwadare shows how a former residential staff-quarters building was transformed into a functional corporate technology workspace for Capricorn Digital Limited, demonstrating the potential of adaptive reuse in commercial real estate.
An industry report projects Nigeria’s real estate market will grow at a compound annual rate of 6.9% between 2025 and 2029, outpacing Kenya, Rwanda, Ghana and South Africa, thanks to rapid urbanisation and a persistent housing shortage.
The ongoing $13 billion Lagos-Calabar Coastal Highway is reshaping property values along southern Nigeria’s corridor, with land values rising by as much as 133% in two years and investors turning to emerging coastal districts in Ondo, Edo and Delta.
Fame Oyster & Co. CEO Olufemi Oyedele urges the federal government to abandon attempts to regulate cement prices, arguing that Nigeria’s housing crisis stems from a faulty building production system rather than the activities of cement manufacturers.