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First-Time Property Investors in Nigeria Risk Costly Mistakes
Many first-time investors in Nigeria’s property market are losing money to avoidable errors. A new guide reveals how weak due diligence and poor planning are quietly eroding returns.
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Bourdillon Road Sees Surge in Ultra-Luxury Residential Projects
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
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Lagos Investors Target New Growth Corridors Beyond Prime Estates
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.
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Abuja Real Estate Firms Sealed Over Consumer Protection Violations
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.
News
UN Warns 3.4 Billion People Face Global Housing Crisis
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
Article
African Nations Urged to Embrace Cooperative Housing Model
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.
Article
Lagos Renewal Projects Trigger Fresh Displacement Concerns
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.
Article
Nigeria’s Mortgage Market Still Below 1% of GDP
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.
News
Lagos Intensifies Crackdown on Unsafe Construction Sites
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.