The Federal Ministry of Housing and Urban Development is partnering with CIPMN to strengthen project management, accountability and quality in Nigeria’s housing sector. The collaboration could help reduce delays, control costs and improve the delivery of government housing projects for investors, developers and beneficiaries.
FCTA has begun demolishing structures on Abuja waterways. Here’s what Wike’s crackdown means for property owners, buyers and investors.
CBN data shows stronger demand for home-purchase credit and mortgage lending in Nigeria in Q2 2026, alongside lower reported default rates.
The SEC proposes an FCT REIT to mobilise capital for Abuja, while Lagos prime property buyers focus more on pricing, documentation and long-term value.
Cross River State is advancing affordable homeownership with plans to build 1,500 homes across its three senatorial districts. The initiative combines sustainable construction, locally sourced materials, flexible mortgage financing, and public-private partnerships to expand housing access, create jobs, and support long-term real estate investment.
Residents, civil society groups, and informal workers are calling for greater transparency over the Jabi Lake redevelopment. Protesters want the Federal Capital Territory Administration to release its agreement with private developers, conduct an independent environmental assessment, and protect public access and businesses as the project moves forward.
NREIT has expanded its property portfolio beyond 120 assets following a successful ₦7 billion capital raise. The milestone strengthens its commercial real estate holdings, boosts liquidity, and reinforces investor confidence as the trust continues delivering strong financial performance and stable returns through professionally managed real estate investments.
Building collapses remain one of Lagos’ most pressing real estate and public safety challenges. This article examines the recurring causes behind these tragedies, the explanations provided by state officials, and the urgent reforms needed to strengthen construction standards, regulatory enforcement, and building safety across Nigeria.
The federal government has handed over completed homes to subscribers under the Renewed Hope Rent-to-Own Housing Scheme in Abuja. The commissioning of Bungalow City marks a significant milestone in Nigeria’s affordable housing drive, highlighting progress in expanding homeownership through public-private partnerships and accessible mortgage financing.
A six-storey residential building in Parkview Estate, Ikoyi, has been demolished after inspections confirmed severe foundation failure and irreversible structural deterioration. The action highlights Lagos State’s stricter enforcement of building safety regulations and serves as a reminder that even premium properties require regular structural assessments, regulatory compliance, and professional maintenance to prevent costly losses and protect lives.