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Published stories attached to the Market news category.
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Prime land in Lagos costs about $1 million for 507 square metres, making it the second-most expensive market among 11 major African cities surveyed in an Estate Intel report.
Average annual rent for a high-end two-bedroom apartment exceeds $40,000 in Abidjan, Africa’s most expensive rental market, according to a Fortren & Company report.
Lagos has a homeownership rate of 31%, with 51% of residents living in rented accommodation, according to a report by Fortren & Company.
No fewer than eight people are feared trapped after a two-storey building collapsed in Ilorin, the Kwara State capital, in the early hours of Tuesday.
Isuan Agro Estate Ltd (AHARA) has held the maiden edition of its Land Banker Summit in Abuja to bridge knowledge gaps on real estate and land investment in Nigeria.
Shortlet operators in Lagos face growing pressure as more properties enter the market, making scale, cost management and marketing key to staying competitive, industry players said at the Edala Investor's Summit 2.0.
The EFCC says it recovered N1.233 trillion and $684.48 million for governments and individuals between October 2023 and June 2026, including 1,177 real estate assets.
The International Real Estate Federation's Nigeria chapter has elected Ayodeji Odeleye as its new president and inducted 16 new members at its annual general meeting in Lagos.
Afriland Properties Plc has appointed Agatha Obiekwugo as chairman of its board of directors, succeeding Emmanuel Nnorom, who is retiring after more than a decade in the role.