Real Estate News

An Easy Guide to Using the Krent App as a Property Agent

If you’re a property agent in Nigeria, you already know the reality: juggling listings across WhatsApp, chasing clients for feedback, managing payments manually, and trying not to miss serious leads in the middle of everything else you’re doing. It’s stressful, time-consuming, and honestly… outdated. That’s exactly why the Krent App Limited exists. Krent was built […]

An Easy Guide to Using the Krent App as a Property Agent Read More »

Nigeria’s MREIF & ARM Mortgage Scheme: Affordable Homeownership with 10% Deposit and 9.75% Interest

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

Nigeria’s MREIF & ARM Mortgage Scheme: Affordable Homeownership with 10% Deposit and 9.75% Interest Read More »

Nigeria’s Housing Deficit: Stakeholders Call for Stronger Public-Private Partnerships

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 »

Lagos Government Defends Demolition at Trade Fair Complex

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 »

Stakeholders Call for Data Centre to Tackle Nigeria’s Housing Crisis

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 »

FG Explains How New Housing Programme Differs From Previous Efforts

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 »

EFCC Warns Nigerian Real Estate Developers Over Fraud and Illicit Funds

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 »

Guide To Finding A House For Sale In Nigeria

Finding the perfect house for sale in Nigeria can be both exciting and overwhelming, especially for first-time home buyers or property investors. The country’s real estate market presents a broad spectrum of options—from luxurious homes in high-end areas to more affordable properties in up-and-coming neighborhoods. With such variety, it’s easy to feel overwhelmed by the

Guide To Finding A House For Sale In Nigeria Read More »

80% of the buildings in Lekki are unauthorized, says Lagos State Government

Dr. Oluyinka Olumide, Lagos State Commissioner for Physical Planning and Urban Development, revealed in a recent interview that a whopping 80 percent of buildings in Ibeju Lekki lack official approval.  He explained that during a recent inspection in the area, it was evident that most estates were unapproved. Olumide outlined the procedure for obtaining approval,

80% of the buildings in Lekki are unauthorized, says Lagos State Government Read More »

Landmark Group’s Title Challenged by Minister, Compensation Begins for Others

The Minister of Works, David Umahi, has questioned Landmark Group’s title, claiming that the shoreline never belonged to the property company. MInister of Works- David Umahi He questioned Landmark Group’s title at a stakeholder meeting on compensation payments to property owners affected by the Lagos-Calabar Coastal Highway project in Lagos on Wednesday. He stated, ”The

Landmark Group’s Title Challenged by Minister, Compensation Begins for Others Read More »