Dr. Babatunde Adeyemo, the Chief Executive Officer of Pelican Valley Nigeria Limited, has said that Nigeria can reduce its unemployment rate by 50 percent if the country embraces real estate …
Real Estate
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BusinessDiasporaEconomyEmploymentINVESTMENTNigeriaReal EstateTravel & Tourism
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DevelopmentEconomyNigeriaReal Estate
Lagos Housing Market Under Pressure as Rents Keep Rising and Affordable Homes Remain Scarce
The rental market in Lagos has been described as unstable, unpredictable, and filled with hidden rules that many tenants do not understand. This was revealed in the third edition of …
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GOVERNMENTHousingNAMIBIAReal EstateSocial WelfareUrban Development
NHE Offers 2,500 Plots for Low-Income Housing Across Namibia
The National Housing Enterprise (NHE) in Namibia has announced the release of 2,500 serviced plots across the country to support the National Informal Settlement Upgrading Project (ISUP), a government-backed initiative …
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EconomyGOVERNMENTHousingInfrastructureReal EstateUrban Development
Nigeria Announces N70 bn Urban Housing Fund to Reduce Deficit
The Federal Government of Nigeria has raised over N70 billion to fund large-scale housing developments across urban centres in the country, using Public-Private Partnerships (PPPs) as a major source of …
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Business and EconomyDevelopmentDiasporaHousingReal Estate
FMBN Offers Mortgage Loan to Nigerians in Diaspora
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a special mortgage loan for Nigerians living abroad. The new product, called the Diaspora Mortgage Loan, was officially launched by the …
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The Lagos State Government has cautioned residents to be wary of fake estate agents promoting non-existent housing units for sale or rent on social media platforms. The warning comes amid …
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BusinessDevelopmentEconomyInfrastructureMarketsReal Estate
Nigeria’s Commercial Property Market Faces Dollar Shock
The commercial real estate market in Nigeria is witnessing mixed developments, as the cost of renting office spaces skyrockets due to naira devaluation, while industrial real estate is enjoying renewed …
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EconomyInfrastructureINVESTMENTNigeriaReal Estate
Luxury Real Estate Booms in Lagos as Market Hits N3.2tn Value, Investors Eye 5.5% Yearly Yields
The luxury real estate market in Lagos State is fast becoming a top destination for investors, as the latest State of Lagos Housing Market Report (Vol. 3) reveals average rental …
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BusinessDevelopmentFinance & ServicesInfrastructureReal Estate
FCMB, TotalEnergies Cooperative Partner to Develop $150m Louisville Project in Eko Atlantic City
First City Monument Bank (FCMB) has partnered with TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) to finance the development of Louisville Phase 1, a premium residential tower within the …
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BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …