How to tackle skyrocketing house rent in Nigeria
House rents have surged by 100 per cent to over 150 per cent in major Nigerian cities, and experts are urging government action on affordable housing supply, financing and building material costs.
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House rents have surged by 100 per cent to over 150 per cent in major Nigerian cities, and experts are urging government action on affordable housing supply, financing and building material costs.
Powell Homes and Shelters Ltd has launched its Real Estate Ownership Made Easy initiative in Enugu, offering discounts of up to 10 per cent on plots until September 30.
Experts in land administration and real estate have urged Nigerians to carry out thorough due diligence before purchasing land, speaking at the maiden Land Bankers Summit in Abuja.
AXP Africa Limited marked its sixth anniversary with a brand relaunch, unveiling an expanded ecosystem model designed to close Nigeria's housing deficit at scale.
Nigerian real estate offers diaspora investors a unique opportunity to build wealth through property appreciation and rental income, backed by government mortgage schemes designed for citizens abroad.
Landmark Africa CEO Paul Onwuanibe says Nigeria's tourism, real estate and hospitality sectors are shifting toward integrated destinations as consumers increasingly value experiences over standalone property.
Ghanaian business leader Sir Sam Jonah disclosed that a significant real estate investment in Nigeria has faced sustained harassment by state agencies, warning that such treatment could undermine intra-African investment and trade.
Nigerian luxury property developer Sijibomi Ogundele says his Sujimoto Group has repaid more than N40 billion ($29.8 million) in debt and aims to be debt-free by January 2027, while an EFCC investigation into alleged fund diversion at Enugu's Smart Green Schools project continues.
The Taraba State Government has formally taken over the 188 housing units built under the federal National Housing Programme, with Governor Agbu Kefas requesting more federal housing projects in the state.