News by Country
Published stories attached to Nigeria.
464 items
Page 2 of 52
The Federal Mortgage Bank of Nigeria has launched Ijarah Muntahia Bittamleek, a lease-to-own product aimed at National Housing Fund contributors who cannot or will not use interest-based mortgages.
The Senate has asked its leadership to draft a bill requiring tenants in the Federal Capital Territory to present valid identification before renting homes or shops, arguing that rented property is being used to shelter criminals.
The Building Collapse Prevention Guild has asked Lagos State to back heritage recognition with funding, documentation and conservation rules, warning that neglect and uncontrolled development are erasing historic structures such as the Olusi Palace on Lagos Island.
Stakeholders at the Lagos Physical Planning Summit 2.0 proposed a Lagos-to-South-West Spatial Development and Investment Compact to coordinate land use, housing and infrastructure across six states.
A Federal High Court in Ikoyi has awarded N10 million in damages against the Nigeria Police Force and businessman Kazeem Gbadamosi Eletu for infringing the rights of Prince Toluwaleke Megba over a land dispute a state high court had already decided in his favour.
UPDC REIT units fell from N21.15 to N17.50 in the week to October 23, erasing about N9.75 billion in market capitalisation, even as the trust's half-year rental income rose 88.35%.
A Lagos property platform analysed 10,857 rental and sale listings for the third quarter and found deep affordability and transparency gaps, including price gaps between agents handling the same home.
Civil servants, traders, students and young professionals across Abuja are splitting rent and sharing flats, not as a lifestyle choice but as an economic necessity as housing costs outpace stagnant wages.
Shoprite Nigeria plans standalone neighbourhood stores instead of relying on large shopping malls, an investor in the business says, after dollar-denominated rents and naira depreciation pushed up occupancy costs.