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
Nigeria’s Housing Deficit: Stakeholders Call for Stronger Public-Private Partnerships Read More »
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
Lagos Government Defends Demolition at Trade Fair Complex Read More »
Lagos is a city of endless energy and with its iconic landmarks, pristine beaches and thriving art scenes, you’ll never run out of things to do. Whether you’re new in town or a long-time resident, there are a number of adventurous places to visit that promise an exhilarating experience. To help you make the most
The 10 Best Things to Do in Lagos(2025) Read More »
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
Stakeholders Call for Data Centre to Tackle Nigeria’s Housing Crisis Read More »
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
FG Explains How New Housing Programme Differs From Previous Efforts Read More »
You’ve painted the walls, fixed the plumbing, maybe even bought new curtains. The property is ready, yet the phone barely rings, and when it does, it’s someone “just checking” or offering far below your asking price. For many landlords in Nigeria, this is a familiar and frustrating scenario. It doesn’t matter if you’re renting out
Best Places to List a Rental Property in Nigeria Read More »
Real estate developers in Nigeria are under renewed pressure to ensure their operations are transparent, as the Economic and Financial Crimes Commission (EFCC) intensifies its crackdown on fraud and illicit financial flows within the sector. Speaking at a policy dialogue in Abuja, EFCC Chairman Ola Olukoyede announced that the Commission is now closely monitoring property
EFCC Warns Nigerian Real Estate Developers Over Fraud and Illicit Funds Read More »
If you are looking to rent in Lagos but want to avoid the high prices of Lekki or the constant activity in Victoria Island, Langbasa might just be the place you’re searching for. Langbasa Road, Addo [Billboardarena.com] Located in the Eti-Osa Local Government Area, Langbasa is a peaceful neighbourhood between Ajah and Badore. It offers
RENTING IN LANGBASA, LAGOS – WHAT YOU NEED TO KNOW Read More »
Have you heard the phrase “The best time to invest in real estate was 10 years ago, the next best time is today”? There is an increase in the interest of Nigerians in owning both land, properties and houses. With more and more people wearing the badge of being a realtor, buying properties has become
Is It Safe to Buy Land in Nigeria? (All You Should Know) Read More »