Latest Real Estate News in Nigeria
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Ogun State Government to Rebuild 1976 Legislative and Commissioners’ Quarters After Structural Assessment
The Ogun State Government will demolish and reconstruct the state’s legislative and commissioners’ quarters in Abeokuta after a technical evaluation confirmed that the nearly fifty-year-old buildings.
MREIF Introduces New Investment Structure to Strengthen Nigeria’s Housing Market — ARM’s Odutola
Wale Odutola, Chief Executive Officer of ARM Holdings, says the Ministry of Finance Real Estate Investment Fund (MREIF) is reshaping Nigeria’s housing market by introducing the governance to position real estate as a credible institutional asset class.
Lekki Deep Sea Port to Add $360 Billion to Nigeria’s Economy, Create 170,000 Jobs
The Lekki Deep Sea Port is expected to inject as much as $360 billion into Nigeria’s economy and generate approximately 170,000 jobs during its 45-year concession period, according to Managing Director Wang Qiang.
Federal Government Sets Uniform Prices for Renewed Hope Housing Units Nationwide
The Federal Government has set uniform prices for its Renewed Hope Housing Estates to ensure fairness, affordability, and transparency across Nigeria.
Kano State Government Moves to Strengthen Power Sector, Expand Affordable Housing
Kano State approves plans to acquire control of KEDCO and build 50 low-cost estates to improve power reliability and expand housing access.
Kaduna State Governor Strengthens Housing Access with New Social Housing and Partnership Initiatives
Governor Uba Sani commissions 100 free homes for widows in Kaduna, advancing social housing and sustainable development through public-private partnerships.
Lagos State Government Begins Fresh Enumeration for Oworonshoki Demolition Victims
Lagos State has started a new enumeration for Oworonshoki demolition victims to identify uncaptured residents and ensure full compensation
The Federal Government Sets December 2025 Deadline for National Housing Data Centre Launch
The Federal Government plans to operationalise the National Housing Data Centre by December 2025 to centralise housing statistics, improve policy formulation, and enhance investor confidence.
The Lagos State Government Enforces Mandatory Building Insurance, Expands Digital Land Reforms
Lagos State mandates compulsory insurance for commercial buildings above two floors and launches a digital land administration system to boost safety, transparency, and investor confidence.