A new report has revealed that the number of households renting homes in Lagos has remained flat at about 1.38 million since 2016, even as the city’s population and total households have continued to grow.

The Federal Government has authorized a sweeping ₦3.8 trillion initiative to restore or rebuild Lagos's Third Mainland Bridge.

The Federal Executive Council (FEC) has sanctioned a substantial investment of N142 billion for the development of six state-of-the-art bus terminals across Nigeria.

The Housing Ministry and Lagos State have launched a high-level workshop to advance national land titling reforms, partnering with the World Bank, streamlining documentation.

The Commercial Division of the Accra High Court has ordered pan-African housing finance institution Shelter Afrique to pay over US$1.1 million to Ghanaian property developer Blue Rose Limited after finding that the lender failed to release funds for a housing project despite the developer meeting all contractual conditions.

First City Monument Bank (FCMB) has partnered with the Ministry of Finance’s Real Estate Investment Fund (MREIF) to roll out a ₦10 billion mortgage financing scheme designed to help more Nigerians own homes.

At an event in Victoria Island, Lagos, Governor Babajide Sanwo-Olu introduced the first phase of the state’s Identifier Project.

The Federal Government is partnering with state agencies, private developers, and funding stakeholders to close execution gaps. This involves embedding “Housing Reform Champions

MREIF Halves Down Payment to 10%, Expands Access to Homeownership in Nigeria

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued a strong appeal to real estate developers across Nigeria to take customer verification seriously, as part of a broader effort to tackle money laundering within the sector.