News by Country
Published stories attached to Nigeria.
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Bourdillon Road is witnessing a rapid rise in ultra-luxury residential developments as developers compete for space in Ikoyi’s most exclusive corridor. The surge reflects intensifying demand from high-net-worth buyers and shrinking land availability in prime Lagos locations
Lagos real estate investors are shifting attention away from the city’s traditional luxury zones. A new summit highlights emerging corridors expected to drive the next wave of property value growth.
Nigeria’s consumer protection agency has shut down multiple Abuja real estate firms over alleged violations. Authorities say the crackdown targets complaints tied to property sales, refunds, and misleading practices.
The UN says nearly half the world could soon be living without adequate housing. A new warning from UN-Habitat says the global housing crisis is accelerating faster than cities can respond
Africa’s housing crisis may need a completely different solution beyond traditional mortgages. Housing experts are now pushing cooperative housing as a faster path to affordable homeownership for millions.
Urban renewal projects in Lagos are facing growing backlash over fears of displacement and community disruption. Residents and housing advocates say redevelopment plans risk pushing vulnerable families out of long-established neighborhoods.
Nigeria’s mortgage sector remains critically underdeveloped despite the country’s massive housing demand. A new report says mortgage penetration is still below 1% of GDP, exposing how difficult home financing remains for millions of Nigerians.
Lagos is ramping up enforcement against unsafe construction and non-compliant buildings across the city. Authorities say thousands of sites and businesses have already faced sanctions as safety concerns grow in Nigeria’s commercial capital.
Nigeria is widening access to housing finance as more citizens struggle to afford homes. The Federal Mortgage Bank says expanded financing efforts are aimed at making homeownership more realistic for low- and middle-income earners.