The Federal Government Staff Housing Loans Board (FGSHLB) has commenced the process of recovering properties from retired civil servants who failed to repay their housing loans...
In recent times, Lagos has witnessed an alarming surge in rental prices with landlords imposing increases ranging from 100% to 200% on already steep rents. This...
Floyd Mayweather has expanded his real estate empire with the acquisition of a $402 million multifamily portfolio in Upper Manhattan. The deal, which includes 62 properties...
The Federal Government has called on foreign investors to seize emerging opportunities in Nigeria’s housing sector, as the country seeks to bridge its 28 million housing...
The Federal Ministry of Housing and Urban Development has announced plans to revoke the Certificates of Occupancy (C of O) of property owners who continue to...
Pension funds have invested a record N1 trillion in the real estate sector in 2023. According to Oguche Agudah, CEO of the Pension Fund Operators Association...
Real estate developers across Nigeria have voiced their strong disapproval of the recent agreement between the Federal Government and cement manufacturers to reduce the price of...
Private Sector Drives Growth Despite Soaring Interest Rates and Inflation
The rising prices, driven by poor macro-economic conditions, inflation, high interest and exchange rates, as well as escalating building material costs, have created a daunting situation...
Steady Growth: Construction and Real Estate VAT Revenue Climbs Year after Year