Policy

Published stories attached to the Policy category.

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Nigeria Needs 800,000 New Homes Every Year to Meet Demand

Nigeria’s housing shortage is expanding faster than developers can build. New research says the country may need millions more homes this decade just to keep pace with population growth.

News

Lagos Raises Land Transaction Fees as Property Valuations Surge

Buying property in Lagos just became significantly more expensive. The state has sharply increased land transaction fees after updating property valuations to match current market prices.

News

Lawyers Warn Nigeria’s Off-Plan Property Market Needs Stronger Protection

Nigeria’s booming off-plan property market is exposing buyers to rising fraud and abandoned projects. Legal experts say weak regulation is leaving investors vulnerable after paying upfront for homes that do not yet exist.

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Lagos Saved ₦118 Billion in Property From Fires in 2025

Lagos says emergency responders saved over ₦118 billion worth of property from fire disasters in 2025. But the state still lost nearly ₦20 billion in assets as fire outbreaks continued across the city.

News

South Africa Pushes Urban Growth Despite Rising Infrastructure Strain

South Africa says its cities are growing faster than infrastructure can keep up. The government is now racing to balance urban expansion, housing demand, and failing municipal systems.

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Zimbabwe Seeks Global Housing Solutions at UN Urban Forum

Zimbabwe is turning to global urban experts as pressure grows to deliver affordable housing. The country is using the UN World Urban Forum to study new housing policies, financing models, and city planning strategies.

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President Ruto Joins Global Housing Forum Amid Africa Housing Push

Kenya’s housing agenda is heading to the global stage as President Ruto travels for high-level housing talks. The trip signals growing African interest in large-scale urban development and affordable housing partnerships.

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South African Property Owners Get Major Court Win Against Squatters

South African property owners may finally have faster legal protection against illegal occupiers. A new Constitutional Court ruling is reshaping how eviction disputes could be handled across the country

News

Wema Bank Defends Controversial Banana Island Property Sale

Wema Bank says its sale of disputed Banana Island properties was lawful and tied to debt recovery efforts. The clarification comes as regulators pursue legal action over assets linked to the collapsed Gulf Bank.