News
Purple Real Estate pulls down NASD Index by 0.13%
Purple Real Estate Income Plc was the sole price decliner on the NASD Over-the-Counter Securities Exchange on Wednesday, pulling down the platform by 0.13 per cent.
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Nigeria
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News
Ogun expands housing projects, financing options for prospective homeowners
Ogun State is expanding affordable housing projects and flexible financing options, including rent-to-own, to improve access to homeownership for residents.
Article
Foreign Estate Investment: Opportunity or Threat to Nigeria's Real Estate Market?
Foreign capital is reshaping Nigeria's real estate sector, bringing funds and technology while raising questions about affordability and local participation.
News
REDAN urges blended finance to unlock Nigeria's housing potential
REDAN president Akintoye Adeoye has called for stronger blended financing structures to unlock investments in Nigeria's housing and infrastructure sectors.
News
MREIF disburses over N140 billion in mortgages to 2,000 Nigerians
The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.
News
Foreign investors commit to investment in Grosvenors Place
Sabreworks Real Estate Investment Limited, developer of the Grosvenors Place commercial project in Ikeja, Lagos, says a delegation of foreign investors has signed an investment memorandum after visiting the site this week.
Article
Lagos developers lament rising costs, warn buyers and tenants will pay more
Real estate developers, investment analysts and a quantity surveyor say rising land, material, labour and infrastructure costs are squeezing residential development in Lagos, with the higher costs increasingly passed on to buyers and tenants.
News
N500m Abuja Property: Real Estate Mogul Lord King Mohammed Adah Backs NBM Humanitarian Mission
Real estate entrepreneur Lord King Mohammed Adah has pledged a fully furnished property worth N500 million in Abuja to the NBM of Africa Worldwide, a landmark humanitarian commitment.
Article
Housing Challenges In Nigeria: Reforms Alone Cannot Close the Deficit
Nigeria's housing sector reforms are commendable, but structural constraints — weak institutions, land administration hurdles, and affordability gaps — must be tackled for meaningful progress.