Developers to deliver over 602 Victoria Island housing units in 2026 — Report
Victoria Island is expected to deliver more than 602 residential units in 2026 as developers continue to expand housing supply across the…
Housing
Wike signs record 26,272 C-of-Os, outpaces past administrations
Federal Capital Territory Minister Nyesom Wike, SAN, has signed a total of 26,272 Certificates of Occupancy since May 2023, as part of…
Ikoyi two-bedroom rent hits ₦17.25m annually — Report
The cost of renting a two-bedroom apartment in some of Lagos Island’s most sought-after neighbourhoods has risen sharply, with annual rent reaching…
FMBN launches ₦100m diaspora mortgage scheme for Nigerians in London
The Federal Mortgage Bank of Nigeria has launched a new mortgage scheme in London for Nigerians living abroad who want to own…
FG hands over rent-to-own houses to FCT beneficiaries
The Federal Government has handed over rent-to-own housing units to beneficiaries in Abuja, marking another step in its efforts to expand access…
NIPOST targets unique digital postcode for every building nationwide
The Nigerian Postal Service has reaffirmed its commitment to implementing a National Digital Postcode System to assign a unique digital address to…
Rich Africans turn to real estate for wealth preservation — Report
Africans with investable assets of at least 50 million dollars are increasingly directing their wealth into real estate as part of efforts…
Rivers residents spend over 100% income on rent
More than 80 per cent of residents in Rivers State now spend over 100 per cent of their income on house rent,…
FG approves ₦10bn housing loan scheme for civil servants
The Federal Government has approved a ₦10 billion housing loan scheme aimed at improving access to home ownership for civil servants, the…
Gov Otti signs deal for 250-room five-star hotel
The Governor of Abia State, Alex Otti, has said discussions have reached an advanced stage with a renowned company to construct a…
Lagos rents hit fourth highest across African cities
Nigeria, Africa’s largest economy, Lagos State, has been ranked among the most expensive rental markets on the continent, as house rents in…
MOFI real estate fund to pay final dividend on February 27
The Ministry of Finance Incorporated Real Estate Investment Fund is set to pay a final dividend to shareholders on February 27, 2026,…