The organisers of the Africa International Housing Show (AIHS) have announced a major collaboration with the Federal Ministry of Housing and Urban Development for the 19th edition of the event, …
Affordable Housing
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DevelopmentNewsNigeriaPoliciesReal Estate
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Finance & ServicesGOVERNMENTINVESTMENTReal Estate
Homebase Mortgage Bank Gets N3.5bn Boost from FG to Expand Affordable Housing Loans
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …
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DevelopmentEconomyGOVERNMENTINVESTMENTReal Estate
FG to Build 77,400 Social Housing Units and Launch Renewed Hope Cities in Lagos, Abuja, and Kano
The Federal Government of Nigeria has announced a major housing initiative aimed at reducing the country’s housing deficit. Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, the government plans to …
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DevelopmentGOVERNMENTInfrastructureMarketsPoliciesReal Estate
Lagos Moves to Tackle High Rent, Housing Shortage With Monthly Payment Plan
The Lagos State Government has stepped up efforts to tackle the rising housing crisis across the state, especially as many low- and middle-income earners continue to struggle with skyrocketing rents. …
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AfricaDevelopmentInfrastructureNewsNigeriaPoliciesReal Estate
Stakeholders Push for High-Rise Buildings as Solution to Nigeria’s Slum Crisis
Housing experts and urban planners are calling for a shift towards high-rise residential developments as a long-term solution to Nigeria’s housing deficit and the growing crisis in informal settlements. They …