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Nigeria

Published stories attached to Nigeria.

270 items

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News

FG targets top-tier GDP contribution from real estate as housing minister meets REMCAN

The federal government says it is determined to make Nigeria's real estate and built environment sector one of the biggest contributors to GDP, with the housing minister outlining investor-protection reforms.

News

Rural Electrification Agency, Family Homes Funds sign five-year deal to power affordable housing projects

Nigeria's Rural Electrification Agency and Family Homes Funds Limited have signed a five-year agreement to make energy planning and renewable power part of affordable housing projects from the design stage.

Article

Nigeria's property developers squeezed as bank lending tops N814bn at high interest rates

Bank credit to Nigeria's real estate sector rose to N814.996 billion in the first quarter of 2026, but lending rates of 23 to 38 per cent are putting developers under severe repayment pressure.

Article

Affordable housing is Nigeria's biggest real estate opportunity, REDAN leaders say

Two REDAN leaders say Nigeria's housing deficit is the sector's clearest opportunity, while cost pressures, financing gaps and slow approvals remain the main obstacles.

Article

Mixta Nigeria leads ranking of country's property developers by completed units

A new ranking of Nigeria's top 10 property developers puts Mixta Nigeria first with 23,000 completed residential and retail units across nine projects.

News

Building sealed by Abuja development control collapses in Wuse Zone 4

A building that had been sealed by Abuja's Department of Development Control collapsed in Wuse Zone 4, triggering a search-and-rescue operation by multiple emergency agencies.

Article

Nigeria's real estate sector struggles as material prices surge by 400% in seven years

A Panterra Real Estate Group report shows building material prices in Nigeria rose by as much as 440% between 2019 and 2026, with cement, iron rods and roofing sheets leading the surge and putting affordable housing further out of reach.

News

How existing properties can be given new purpose —Oluwadare

Lagos-based commercial interior designer Micah G. Oluwadare shows how a former residential staff-quarters building was transformed into a functional corporate technology workspace for Capricorn Digital Limited, demonstrating the potential of adaptive reuse in commercial real estate.

News

Nigeria to lead Africa in real estate growth through 2029 —Report

An industry report projects Nigeria’s real estate market will grow at a compound annual rate of 6.9% between 2025 and 2029, outpacing Kenya, Rwanda, Ghana and South Africa, thanks to rapid urbanisation and a persistent housing shortage.