News by Country
Published stories attached to Nigeria.
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Lagos’ Lekki Phase 1 has reached a new rental milestone. Average annual rents have climbed to ₦10 million, making it one of Nigeria’s fastest-growing luxury residential markets.
Thousands of Nigerian civil servants could lose homes they have spent years paying for. A land dispute threatening a government-backed housing scheme is now raising fears of industrial action.
Nigeria’s luxury housing market is outperforming expectations. Lagos and Abuja now rank among Africa’s costliest rental destinations as wealthy tenants compete for limited premium homes.
A major Lagos waterfront project is facing backlash from residents who say it is worsening flooding risks. The dispute highlights growing tensions between urban expansion and environmental protection.
Nigeria is turning to land reform as a possible solution to its housing crisis. The government says fixing land access and ownership systems could unlock more affordable homes and attract new investment.
The dream of owning a home is being pushed further away for many Nigerians. Rising living costs and expensive financing are forcing households to prioritise survival over major investments.
Nigeria is preparing to seek compensation from South Africa after hundreds of its citizens fled anti-migrant protests. The move could test diplomatic ties as both countries dispute the status of those repatriated.
One of Nigeria's biggest investment groups is making a fresh bet on hospitality real estate. Honeywell Group has acquired a significant stake in the company behind some of the country's best-known hotels.
Trust is reshaping how Nigerians abroad invest back home. Government-backed housing estates are emerging as the preferred choice for diaspora buyers seeking lower-risk property investments.