Rents increase surge as housing supply tightens
A report by Knight Frank has revealed that although headline inflation eased in the second half of 2025, residential rents in Lagos continued to rise, with notable increases recorded in…
Construction artisans essential to Nigeria’s housing, economic growth, says Dangiwa
The Minister of Housing and Urban Development, Ahmed Dangiwa, has reaffirmed the Federal Government’s commitment to strengthening Nigeria’s skilled construction workforce, describing artisans as critical drivers of housing delivery, economic…
Bank gets N2.2bn MOFI boost for housing
Gateway Mortgage Bank Limited has announced the successful acquisition of N2.2bn from the Ministry of Finance Incorporated Real Estate Investment Fund. The fund, specifically designed to provide long-term, low-interest financing,…
High cost of housing locked out 99% of Nigerians, says expert
Legal practitioner and estate surveyor, Olusola Enitan, has said that the vast majority of Nigerians have been effectively “prohibited” from homeownership by a dysfunctional economic framework. Speaking on TVC’s Breakfast…
‘Access to affordable finance key to housing growths’
Macroeconomic indicators showing signs of stabilisation, industry players have expressed cautious optimism that targeted reforms and improved financing conditions could strengthen the resilience of Nigeria’s real estate sector in 2026,…
Good governance key to affordable housing – Osinbajo
Nigeria’s immediate past Vice President, Prof. Yemi Osinbajo, has stated that with political will, the government can provide affordable housing projects for its citizens. Osinbajo, a Senior Advocate of Nigeria,…
Investors bet on infrastructure to drive real estate growth
Key investors in the real estate sector have expressed hope that the sector will witness unprecedented growth, driven by infrastructure expansion nationwide, targeted capital deployment, a shift towards logistics and…
Construction: Dangote Cement to make Africa self-sufficient
Dangote Cement Plc has reaffirmed its commitment to making Africa fully self‑sufficient in cement production, strengthening the continent’s industrial backbone and reducing reliance on imported construction materials. Speaking during a…
Housing ministry earmarks N1.433bn allowance, social spending for 2026
The Federal Ministry of Housing and Urban Development is expected to spend a total sum of N1.433bn on allowances and social contributions in 2026. According to the 2026 budget allocation…
Lagos housing supply inadequate despite 34,800 units pipeline
Lagos’ residential property market remains deeply undersupplied despite more than 34,800 housing units currently in the development pipeline, according to the Lagos Real Estate Development Pipeline Report 2025/2026 by Estate…