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Should Rent Be Counted as Credit History Towards Mortgage Eligibility in Nigeria?
Latest opinion Mobolaji Adebayo Latest opinion Mobolaji Adebayo

Should Rent Be Counted as Credit History Towards Mortgage Eligibility in Nigeria?

In Nigeria, millions of renters pay consistently each month, yet these payments rarely count toward building a credit history. As the country works to expand access to mortgages, the question arises: should rent be recognized as part of credit scoring? This article explores how rental history could transform mortgage eligibility, improve financial inclusion, and open new doors for aspiring homeowners across Nigeria.

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Inflation is Easing in Nigeria. So Why Are Building Costs still Expensive?
opinions Babatunde Akinpelu opinions Babatunde Akinpelu

Inflation is Easing in Nigeria. So Why Are Building Costs still Expensive?

Inflation in Nigeria has begun to ease, but the cost of building materials remains stubbornly high. Cement, steel, and other key inputs continue to weigh heavily on developers, homeowners, and investors. Price stickiness, elevated energy and transport costs, and supply chain bottlenecks mean that relief is slow to reach the construction sector, with major implications for affordability and the future of real estate.

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Nigeria at 65: Housing Policy, Evolution, Impacts, and the Road Ahead (1960 to 2025)
opinions Babatunde Akinpelu opinions Babatunde Akinpelu

Nigeria at 65: Housing Policy, Evolution, Impacts, and the Road Ahead (1960 to 2025)

As Nigeria marks its 65th year of independence, one of the country’s most persistent challenges remains unresolved: how to provide adequate, affordable housing for its people. The journey from 1960 to 2025 has seen shifting strategies, ambitious policies, and recurring promises, yet the housing deficit today is estimated at 20 to 28 million units. The question for real estate stakeholders is not whether Nigeria has tried, but why so many initiatives have fallen short and what must change in the years ahead.

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Is the Nigerian Government Doing Enough to Address the Housing Deficit for Low-Income Earners?
opinions NHM-staff opinions NHM-staff

Is the Nigerian Government Doing Enough to Address the Housing Deficit for Low-Income Earners?

With over 20 million Nigerians lacking adequate shelter, the country’s housing deficit has become a quiet emergency—especially for low-income earners. While the government has launched several initiatives to bridge the gap, from mortgage schemes to affordable housing projects, the question remains: are these efforts reaching the people who need them most? This article takes a closer look at what’s working, what’s not, and what voices on the ground are saying about the future of housing in Nigeria.

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The Nigerian Rental Crisis: Inflation, Greed, and Speculation
opinions Babatunde Akinpelu opinions Babatunde Akinpelu

The Nigerian Rental Crisis: Inflation, Greed, and Speculation

Rent prices in Nigeria are rising at an alarming rate, often surpassing the country’s already high inflation rate of around 30% annually. In some cases, tenants have reported rent hikes of 40% to 60%, with extreme instances of rent doubling within a year—often driven by speculation and landlord profiteering.

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