Nigeria’s new rent relief policy allows eligible tenants to deduct up to 20% of their annual rent from taxable income, marking a major shift in housing support. While the measure offers meaningful tax savings, rising rents, limited mortgage access, and a growing housing deficit highlight the need for broader reforms to improve affordability across the country.
Africa’s housing sector is gaining renewed momentum as Shelter Afrique Development Bank expands its role in financing residential projects and urban development. With the continent facing a housing deficit of more than 53 million units, the institution’s strengthened mandate aims to unlock long-term funding, support developers, and drive sustainable housing growth across Africa’s rapidly growing cities.
Julius Berger’s approval of a ₦6.8 billion dividend reflects a year of strong financial performance driven by revenue growth, rising profitability, and improved earnings. The payout reinforces shareholder confidence while high
Victoria Garden City (VGC) has remained one of Lagos’ most sought-after residential communities for more than three decades. From its master-planned layout and reliable infrastructure to its strong security framework and rising property values, VGC continues to attract investors, developers, and homebuyers seeking a premium lifestyle in the heart of the Lekki corridor.
Property scams are becoming increasingly sophisticated, making it harder for buyers and renters to separate genuine opportunities from costly traps. This article reveals the proven warning signs of fake property listings in Nigeria and explains the practical steps you can take to verify properties, avoid fraudsters, and protect your money before making any payment.
Nigeria’s luxury rental market is gaining continental attention as premium homes in Lagos command some of Africa’s highest rents. Rising demand from high-net-worth individuals, expatriates, and investors is reshaping the country’s upscale property sector and pushing rental values to new levels.
First impressions can make or break a property sale. Discover the home décor and staging techniques that catch buyers’ attention, highlight your home’s best features, and increase your chances of securing a faster, more profitable sale in Nigeria.
The Federal Government has emphasized the importance of tax compliance in sustaining infrastructure development across Abuja. Speaking during the commissioning of the Arterial Road N5 project, President Bola Tinubu said stronger revenue generation through taxes and statutory payments is essential for funding roads, public services, and future urban expansion in the Federal Capital Territory. The development underscores the growing connection between public revenue, infrastructure investment, and real estate growth in Nigeria’s capital city.
Unity Estates Nigeria represents a vibrant new residential community currently under development. The expansive estate showcases uniform rows of elegant two-storey terraced houses with distinctive red roofs, thoughtfully integrated green landscapes lined with palm trees, and modern infrastructure. With active construction visible and a grand entrance gate proudly displaying the Nigerian flag, this project highlights the growth of quality, affordable housing solutions across Nigeria, offering future residents a blend of comfort, community, and contemporary design.
Lagos State is strengthening affordable homeownership through its LagosHOMS programme, enabling more residents to access low-interest mortgage financing and transition from renting to owning homes. The initiative continues to support housing accessibility across multiple residential estates while expanding opportunities for first-time homebuyers in Nigeria’s largest property market.