News by Country
Published stories attached to Nigeria.
100 items
Page 7 of 12
Nigeria’s housing affordability challenge could worsen as cement prices surge to record levels. Developers warn that rising construction costs are already delaying projects and pushing homeownership further out of reach.
A major investigation has linked the late Access Bank CEO Herbert Wigwe to a vast London property portfolio spanning over 100 high-value assets. The findings highlight how offshore structures continue to shape global real estate ownership patterns.
Lagos says its outdated property records are slowing down real estate innovation. New GIS mapping and digital house numbering reforms could finally give PropTech startups the data backbone they need to scale.
Nigeria’s Federal Government is warning contractors behind delayed housing projects that cancellations are coming. Officials say unfinished Renewed Hope Housing estates will no longer be tolerated under the national programme.
Nigeria is betting on cooperatives and digital finance to solve its housing crisis after traditional mortgages failed millions. The Federal Government says a new strategy could expand homeownership beyond high-income earners.
Lagos authorities say illegal construction is spiraling across Africa’s fastest-growing city. More than 27,000 building violations have been uncovered as regulators intensify enforcement against unsafe developments.
Lagos residents say surviving the city’s extreme heat now depends on where you live and whether you can afford electricity. Rising temperatures are exposing major gaps in housing quality, power access, and urban infrastructure across Africa’s biggest city.
Nigeria’s housing gap is now estimated at nearly 15 million units, underscoring a structural imbalance between demand and supply. Urbanisation, financing barriers, and land constraints continue to widen the affordability crisis across major cities.
Nigerian cities are rapidly shifting from horizontal sprawl to vertical construction as housing demand outpaces land availability. Developers are being forced upward as urban population growth and infrastructure strain reshape real estate strategies