Krent Media

For many Nigerians, owning a home has long felt out of reach — not because they don’t dream of it, but because mortgages were either too expensive, too short, or simply unavailable. But that reality is beginning to shift. A new mortgage initiative backed by the Federal Government of Nigeria, through the Ministry of Finance

Industry stakeholders are once again sounding the alarm on Nigeria’s housing deficit, stressing that affordability remains the most critical challenge confronting millions of citizens. Despite real estate being a major contributor to Nigeria’s Gross Domestic Product (GDP), homeownership rates remain below 10%, leaving a vast majority of Nigerians unable to afford decent housing. Speaking at

The Lagos State Government has explained the reasons behind the recent demolition of several buildings at the Trade Fair Complex in Ojo, Lagos, stressing that the move was necessary to enforce physical planning laws and ensure public safety. According to Dr. Oluyinka Olumide, the Commissioner for Physical Planning and Urban Development, the demolition was not

At the recently concluded 19th Africa International Housing Show (AIHS) in Abuja, stakeholders in Nigeria’s real estate sector renewed calls for the establishment of a National Housing Data Centre that would centralise land, housing, and finance statistics. The proposed centre, they noted, would provide reliable data for evidence-based policymaking and help address one of the

The Federal Government has shed light on how its Renewed Hope Housing Programme stands apart from past housing projects, promising that this time, ordinary Nigerians will feel the real impact. Unlike earlier initiatives that were often small, scattered, and delivered only a few hundred homes over many years, the new programme is designed to have