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Property
Poor Budgetary Allocations Raise Concerns in Housing Sector
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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To Bridge Housing Deficit, InfraCredit Okays N3bn Financing for 1,200 Affordable Homes
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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Experts Seek Real Estate Industry Growth as Dangiwa Introduces Affordable Housing Concept
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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Lagos State, Legrande Properties Partner to Build 5000 Homes
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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Lagos, Legrande Partner to Build 5000 Homes
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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Qatar Begins Building 500,000 Low-Cost Houses in Kaduna
By Asmau Abubakar
Qatar’s Ambassador to Nigeria, Ali Bin Ghanem Al-Hajri has officially inaugurated the Mega Economic City project in Kaduna State, which will involve the construction of 500,000 housing units for less privileged…
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Africa International Housing Show Pioneers Under 40 Professionals Forum
By Fred Ojiegbe
The Africa International Housing Show (AIHS) has introduced the Under-40 professionals’ meetup, tagged “New Generation of Affordable Housing leaders” in this year’s event in Abuja.
Festus Adebayo, the Event…
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Kinsleaf Unveils Affordable Home-Ownership Scheme for Low-Income Earners
By Patience Moses Chat
Kinsleaf Limited, a real estate investment company which started in Ibadan, the capital of Oyo State, has said it is now set to democratize land ownership in Nigeria through its Smart Ownership Scheme.
The…
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Fashola Justifies Nigeria’s $30m Investment in Shelter Afrique
By Danlami Nasir Isah
The Minister of Works and Housing, Babatunde Fashola, has justified Nigeria’s investment in Shelter Afrique, stating that the Federal Government invested over $30 million, or N14.1 billion in the Company to…
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FMBN Seeks Special Funds, Subsidies for Mortgage Industry
By Yange ikyaa
The Federal Mortgage Bank of Nigeria (FMBN) has advised stakeholders to engage the Federal Government and institutional regulators towards creating special intervention funds and subsidies for the mortgage industry in…
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