Tag: Rentals

Housing

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, highlighting a deepening housing crisis in the state. According to National Agency of Nigeria, the Executive Secretary of the National Union of Tenants of Nigeria, Mr Ceaser Enwefah, disclosed this on Monday, May […]

featured Housing

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 the country’s major cities rise almost monthly. According to BusinessDay, a new report, which looked at ‘Average Rent of 2-bedroom Apartment Across Africa’s Most Important Cities’, places Lagos, Nigeria’s most expensive housing market, […]