News
MREIF disburses over N140 billion in mortgages to 2,000 Nigerians
The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.
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News
Foreign investors commit to investment in Grosvenors Place
Sabreworks Real Estate Investment Limited, developer of the Grosvenors Place commercial project in Ikeja, Lagos, says a delegation of foreign investors has signed an investment memorandum after visiting the site this week.
Article
Lagos developers lament rising costs, warn buyers and tenants will pay more
Real estate developers, investment analysts and a quantity surveyor say rising land, material, labour and infrastructure costs are squeezing residential development in Lagos, with the higher costs increasingly passed on to buyers and tenants.
News
N500m Abuja Property: Real Estate Mogul Lord King Mohammed Adah Backs NBM Humanitarian Mission
Real estate entrepreneur Lord King Mohammed Adah has pledged a fully furnished property worth N500 million in Abuja to the NBM of Africa Worldwide, a landmark humanitarian commitment.
Article
Housing Challenges In Nigeria: Reforms Alone Cannot Close the Deficit
Nigeria's housing sector reforms are commendable, but structural constraints — weak institutions, land administration hurdles, and affordability gaps — must be tackled for meaningful progress.
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Private Sector Moves to Tackle Nigeria's 20m Housing Deficit with New 50-Hectares in Abuja
Real estate stakeholders have flagged off work on a new 50-hectare residential project in Abuja's Kansas district, positioning private-sector collaboration as key to closing Nigeria's over 20 million-unit housing gap.
News
Nigeria's mortgage penetration remains extremely low, HDAN report finds
A report by the Housing Development Advocacy Network says Nigeria's mortgage penetration remains extremely low, blaming short-term money, high interest rates and weak land administration rather than a lack of demand.
Article
FG's Diaspora Mortgage Loan Signals New Era in Nigeria's Housing Market
The Federal Mortgage Bank of Nigeria has launched its Diaspora Mortgage Loan in London, giving Nigerians abroad a formal channel to finance homes in Nigeria under the NHF scheme.
Article
Rent growth strengthens case for larger residential investments
Analysts say persistent rental growth across cities is strengthening the case for patient capital to invest in larger residential assets, with mid-market multifamily properties emerging as a focus.