News by Country
Published stories attached to Nigeria.
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Weak project financing, delayed infrastructure, and over-reliance on off-plan buyer deposits leave subscribers holding illiquid plots in stalled residential developments across Nigeria.
Prime real estate across Lagos Island continues to surge as land values in high-end enclaves like Ikoyi reach historic benchmarks driven by persistent demand, scarce land supply, and FX hedging strategies.
Demand for housing finance increased in Nigeria during the second quarter of 2026, according to the Central Bank of Nigeria. Rising demand for house-purchase loans and mortgages points to growing interest in formal financing despite continued affordability challenges.
The FCT Administration has formally shut the secretariat of the dissolved committee overseeing the sale of Federal Government houses in Abuja. A new division within the Department of Land Administration will now handle related matters.
Bigger federal allocations could give Benue and Nasarawa more firepower for infrastructure development. The additional funding is expected to support projects aimed at improving roads, connectivity and broader economic activity
Lagos’ infrastructure ambitions could be undermined by weak coordination between key project stakeholders. LWC and Julius Berger are calling for closer collaboration to improve delivery and the city’s rapidly expanding infrastructure network.
Kogi lawmakers are advancing a new tenancy law aimed at curbing arbitrary rent increases and excessive agency charges. The proposed framework would also require estate agents to register with the state Ministry of Housing.
Enugu State has regained control of a disputed 1.4-hectare property in Abuja’s Wuye District and started construction of a 43-unit residential estate. The project combines public land with private-sector development expertise after a three-year delay.
Residents of Abuja’s Lugbe FHA Estate are asking authorities to clarify the community’s approved master plan after proposed construction along a road corridor raised concerns about access, drainage and future development.