Property

By Adaobi Rhema Oguejiofor In order to address Africa’s growing housing affordability crisis, which affects about 80 per cent of the continent's population, the Minister of Housing and Urban Development, Ahmed Dangiwa, has called…
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By Adaobi Rhema Oguejiofor From emerging developments, the housing sector in Nigeria may be witnessing significant changes for good. In the nation’s capital, the Federal Capital Territory Administration (FCTA) has been charged to…
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By Adaobi Rhema Oguejiofor As opposed to the declining situation in the building and construction sector, where many projects sites have been reportedly abandoned as a result of the surge in the prices of building materials, the…
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By Adaobi Rhema Oguejiofor Over the years, situations involving corrupt practices by housing developers are no longer uncommon, leaving those in need of houses vulnerable and losing their trust in the Nigerian housing sector. This…
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By Adaobi Rhema Oguejiofor Housing deficit in Nigeria has continued to challenge the country as the Federal Mortgage Bank of Nigeria (FMBN) revealed recently that Nigeria currently has a 28 million housing gap. However, the Federal,…
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By Adaobi Rhema Oguejiofor Experts in the Nigerian Housing industry have expressed concerns that the allocation for the sector by the Federal Government in the 2024 budget might fall short of meeting the substantial housing demand…
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By Adaobi Rhema Oguejiofor InfraCredit, a specialized infrastructure credit guarantee institution, has announced the guarantee of N3 billion initial debt financing under a N12.5 billion debt programme for Modern Shelter Systems and…
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Ahmed Dangiwa Nigeria's housing and real estate sector has experienced remarkable growth and development in recent years. However, despite these notable achievements, which have been fueled by factors, such as population growth,…
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By Moses Patience Chat Legrande Properties Development Company Limited, a Lagos-based real estate development firm, and the Lagos State Government have entered into a partnership to develop 5,000 units of state-of-the-art…
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By Moses Patience Chat The Lagos State government and a real estate development firm, Legrande Properties Development Company Limited, have entered into a partnership to develop 5,000 units of state-of-the-art residential houses in…
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