Latest Real Estate News in Nigeria
Your Daily Guide to Nigeria's Housing Market Trends & Insights
Latest News
NATIONAL NEWS
LOCAL NEWS
All News
Nigerians Raise Concerns Over Rising Wave of Demolitions
Property owners across several Nigerian cities are voicing alarm over widespread demolitions that have displaced residents, shuttered businesses, and raised legal and policy questions about land governance in the country.
Benue State Launches 1,080-Unit Eco-City Housing Estate in Makurdi
The Benue State Government has launched the construction of a 1,080-unit housing estate in Makurdi, a project designed to reduce the city’s housing deficit and provide more affordable accommodation options.
Nigeria to Build Africa’s First Underwater Tunnel Linking Lagos, Calabar, Sokoto, and Badagry Highways
The Federal Government has unveiled plans to construct a 2.9-kilometre underwater tunnel in Lagos, a project that would mark the first of its kind in Africa.
CBN Signals Possible Rate Cuts as Inflation Shows Signs of Easing
The Central Bank of Nigeria (CBN) has indicated that lower interest rates may be on the horizon as inflationary pressures begin to moderate, raising prospects for cheaper credit and renewed private sector investment.
Survey Ranks Dangiwa Among Most Admired Ministers for Reform-Driven Leadership
A recent survey of lawmakers and housing sector stakeholders has ranked the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa.
Diaspora Nigerians Drive Uptake of Government-Backed Mortgage Fund
A government-supported mortgage initiative is recording strong interest from Nigerians abroad seeking long-term participation in the country’s property market. The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF).
FG, Polaris Capital to Train 100,000 Construction Artisans under New National Skills Programme
The Federal Government has signed a strategic partnership with Polaris Capital Limited to train, certify, and place 100,000 construction artisans in jobs nationwide
FEC Approves Review of PPP, EPC+F Models for Lagos’ Carter and Third Mainland Bridges
The Federal Executive Council (FEC) has approved the Ministry of Works’ proposal to adopt Public-Private Partnership (PPP) and Engineering, Procurement.
Federal Workers Face Hurdles Despite FG Housing Loan Expansion
A significant number of federal civil servants remain unable to benefit from the Federal Government’s housing loan scheme.
FG Moves to Develop Building Materials Hub on 200 Hectares in Lekki Free Trade Zone
The Federal Government has acquired 200 hectares of land within the Lekki Free Trade Zone to establish a dedicated Building Materials Hub, aiming to reduce construction costs.