← Back to Home

News by Country

Nigeria

Published stories attached to Nigeria.

44 items

Page 4 of 5

News

Abuja Building Collapse Leaves Five Dead, Rescue Teams Search Rubble

A three-storey building under construction collapsed in Abuja, killing at least five people. Emergency crews are still searching through the debris for more victims feared trapped beneath the rubble.

News

Wema Bank Defends Controversial Banana Island Property Sale

Wema Bank says its sale of disputed Banana Island properties was lawful and tied to debt recovery efforts. The clarification comes as regulators pursue legal action over assets linked to the collapsed Gulf Bank.

News

Lagos Landlords Defend Rising Rents as Housing Costs Spiral

Rent hikes across Lagos are pushing tenants to breaking point, but landlords say they are under pressure too. Developers and agents blame inflation, construction costs, and economic instability for the city’s worsening affordability crisis.

Article

NDIC Sues Wema Bank Over ₦125bn Banana Island Property Dispute

A legal battle over some of Lagos’ most valuable real estate is unfolding in Banana Island. Nigeria’s banking regulator claims billions in luxury properties linked to a failed bank were improperly taken and sold.

News

Nigeria Heads to Global Summit With 28 Million Housing Deficit

Nigeria is entering a major global housing summit while battling one of Africa’s largest urban crises. Rising rents, flooding, overcrowding, and weak planning are pushing millions deeper into housing insecurity.

Article

Nigeria’s $300bn ‘Dead Capital’ Crisis Threatens Real Estate Growth

Billions of dollars in Nigerian property wealth remain economically useless because owners lack legal documentation. Surveyors warn the country’s real estate sector is sitting on massive untapped value.

Article

₦11.5bn NMRC Bond Boosts Affordable Housing Finance in Nigeria

Nigeria’s mortgage market just received a major liquidity injection through a new ₦11.5 billion bond listing. Analysts say stronger housing finance could unlock wider access to homeownership nationwide.

News

Abuja Estate Becomes Nigeria’s Most Talked-About Luxury Development

One Abuja estate is dominating conversations across Nigeria’s property market. Its mix of luxury living, security, and high-profile buyers is turning it into a status symbol for the capital’s elite.

Article

Nigeria Targets Mass Home Ownership With New PPP Housing Plan

Nigeria’s government says thousands of new homes could soon be delivered through private-sector partnerships. Officials are betting on PPPs to tackle one of the country’s biggest housing challenges.