Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
The Federal Government plans to establish Building Materials Manufacturing Hubs across Nigeria’s six geopolitical zones to reduce construction costs, cut reliance on imports, and expand access to affordable housing under the Renewed Hope Agenda
LAGOS
Lagos State Governor Babajide Sanwo-Olu will commission 233 new housing units at Abraham Adesanya Estate, Ajah, delivered through a joint venture with Urban Shelter Ltd. The project strengthens Lagos’ housing supply and supports the state’s broader urban development strategy.
ABUJA
The Federal Capital Territory Administration will start strict enforcement on November 26, targeting property owners who have defaulted on ground rent, land-use charges, conversion fees, and title registration requirements.
World News
All News
Nigeria to Roll Out Interest Free Mortgages Under New FMBN–SEC Partnership
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.
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.
HDAN Urges Lawmakers to Curb Soaring Rent and Agency Fees in Abuja
The Housing Development Advocacy Network (HDAN) has called on the National Assembly to introduce urgent legislation to address the rising cost of rent and agency fees in the Federal Capital Territory (FCT).
