As Nigeria explores bamboo for affordable, climate-smart housing, experts highlight the opportunities and regulatory gaps shaping its viability. A detailed analysis of the policy, technical, and market issues that will determine the success of the Federal Government’s bamboo housing initiative.

The Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have unveiled a major joint initiative to develop a nationwide Non-Interest Mortgage (NIM) framework. The effort is aimed at reducing Nigeria’s estimated housing deficit of 28 million units.

The Federal Government has set uniform prices for its Renewed Hope Housing Estates to ensure fairness, affordability, and transparency across Nigeria.

The Federal Ministry of Housing and Urban Development has clarified that the recently announced uniform housing prices apply exclusively to estates developed through the Ministry’s budgetary allocations.

As the world commemorates World Habitat Day 2025, the Association of Housing Corporations of Nigeria (AHCN) has urged the Federal Government and state authorities to strengthen policy coordination and institutional collaboration to address the nation’s growing housing crisis.

Nigeria’s housing ministry confirms over ₦70bn private capital mobilized under PPPs to boost urban housing development. Minister Dangiwa highlights Renewed Hope Housing reforms, affordability initiatives, and new financing models.

The Central Bank of Nigeria (CBN) has cut its benchmark interest rate by 50 basis points to 27%, marking its first rate cut of 2025. The move aims to ease inflation, stimulate growth, and unlock opportunities for Nigeria’s housing and real estate sector, from more affordable mortgages to improved financing for developers.

The Real Estate Developers Association of Nigeria (REDAN) has welcomed the Economic and Financial Crimes Commission’s (EFCC) recovery of 753 duplexes and other properties in the Lokogoma District of Abuja.