News by Country
Published stories attached to Nigeria.
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The Group Managing Director of Haldane McCall Plc, Edward Akinlade, says lower-cost financing, better infrastructure and simpler land and tax policies are needed to unlock investment in Nigeria's real estate and hospitality sectors.
A 23 percent jump in cement prices this week to N16,000 per 50kg bag has stalled building work across Nigeria, prompting the FCCPC to investigate possible price manipulation by major manufacturers.
Annual rent inflation in Nigeria jumped to 33.74 percent in July from 14.79 percent in June, according to National Bureau of Statistics data, even as headline inflation eased.
Nigeria's real estate bubble faces an imminent market correction as construction costs surge 100 percent, rents climb 200 percent, and affordability collapses, analysts warn.
Nigeria's 14.9 million-unit housing deficit is pushing policymakers and developers toward incremental housing, cooperatives, rent-to-own and public-private partnerships, as experts warn affordability, finance and infrastructure gaps still block scale.
The Nigerian Institution of Estate Surveyors and Valuers has warned that taxation, inflation and government fiscal policies are increasingly shaping the value and performance of real estate assets.
Nigeria's real estate market is projected to grow from $32.2 billion in 2025 to $40 billion by 2030, driven by urbanisation and rising demand for residential, commercial and industrial property.
Veritasi Homes & Properties Plc has formally executed a ₦50 billion Non-Interest Commercial Paper (CP) Programme. The ethical financing initiative will accelerate the delivery of residential communities across Nigeria while expanding the developer's presence in key markets.
Nigerian PropTech startup NestFlow secures contracts worth ₦14 million by targeting operational gaps—such as poor follow-ups, missing inventory, and untracked maintenance—that drain profits in hotels and serviced apartments.