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News
Wamakko Links Rising Rents to Building Costs, Seeks ₦1tn Mortgage Fund
19+ hour, 23+ min ago (779+ words) Wamakko calls for stronger mortgage financing Former President of the Real Estate Developers Association of Nigeria (REDAN), Aliyu Wamakko, has called on the Federal Government to inject at least ₦1 trillion into the Federal Mortgage Bank of Nigeria (FMBN) to expand…...
Land Titling Opens New Path to Property Security for Maiduguri’s Urban Poor
1+ day, 50+ min ago (1165+ words) A systematic land titling initiative in Maiduguri, Borno State, is helping low-income residents convert informal land claims into formally recognised property rights, strengthening housing security for households that have historically operated outside the formal land registration system. The initiative is…...
ADC Targets 20,000 Homes a Year as Lagos Housing Costs Rise
5+ day, 7+ hour ago (759+ words) Lagos faces growing pressure to expand affordable housing supply Lagos’ housing market has become increasingly favourable to landlords as demand continues to put pressure on available homes, according to the African Democratic Congress (ADC), which has proposed delivering 20,000 housing units…...
Abuja Housing Supply Fails to Match Income Levels, HDAN Says
5+ day, 22+ hour ago (903+ words) Abuja Housing Crisis Deepens as Affordable Homes Fall Short of Demand The Housing Development Advocacy Network (HDAN) has called for a new housing strategy in Abuja that matches residential supply with residents’ incomes, locations and ability to pay, as the…...
Anambra Orders Landowners to Recertify Old C of Os Before December 31
1+ week, 1+ day ago (868+ words) Anambra sets December 31 deadline for land title recertification The Anambra State Government has given holders of old Certificates of Occupancy (C of Os) until December 31, 2026, to recertify their documents and have their property records captured in the Anambra State Geographic…...
Nigerian Diaspora Expands Property Investment Footprint in UK
1+ week, 1+ day ago (812+ words) Nigerian investors expand their presence in Britain’s buy-to-let market Nigerian nationals have risen to second place among foreign nationalities owning buy-to-let companies in the United Kingdom, reflecting the growing economic and property investment capacity of the Nigerian diaspora. Data compiled…...
Lagos Land Shortage Makes Vertical Housing Critical to Future Supply
1+ week, 5+ day ago (1207+ words) Lagos developers increasingly build upwards as land becomes scarce Rising land prices and limited space are pushing property developers in Lagos towards vertical housing as they seek to accommodate more homes on increasingly expensive parcels of land. Ayodeji Johnson, Managing…...
Lagos Homeownership Stands at 31% as Housing Costs Escalate
1+ week, 5+ day ago (1321+ words) Lagos Housing Crisis Deepens as Only 31% Own Homes Only 31% of Lagos residents own their homes, while 51% live in rented accommodation, according to a report by Fortren & Company, highlighting the city's heavy dependence on rental housing amid rising property and development…...
FG Delivers 129 Homes in Nasarawa Under Renewed Hope Housing Agenda
1+ week, 6+ day ago (803+ words) 129 Families Receive New Homes as FG Expands Housing Delivery in Nasarawa The Federal Government has handed over 129 housing units to beneficiaries at the Nasarawa Technology Village in Karu, Nasarawa State, as it intensifies efforts to expand access to affordable housing…...
188 Federal Housing Units Handed Over to Taraba as State Targets Transparent Allocation
1+ week, 6+ day ago (953+ words) The Taraba State Government has taken over 188 housing units constructed under the Federal Government’s National Housing Programme, with the state promising a transparent allocation process to ensure the homes reach eligible beneficiaries. The handover took place in Jalingo, where the…...