Why Affordable Housing Is Nigeria’s Greatest Untapped Reform
Affordable housing is one of Nigeria’s biggest challenges. It is also the nation’s greatest opportunity for reform. Millions of people cannot afford safe, decent homes. Yet solving this crisis would…
Dozens Feared Trapped in East Java School Collapse as Rescue Efforts Continue
At least one student has died and dozens more are feared trapped after a four-storey school building collapsed in East Java, Indonesia, during afternoon prayers on Monday. Rescue teams worked…
Court Rules Against PENGASSAN in Dispute Over Dangote Refinery Gas Supply
The National Industrial Court in Abuja has issued an interim order restraining the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and related parties from halting crude oil…
FG Declares October 1 Public Holiday for Nigeria’s 65th Independence Anniversary
The Federal Government has declared Wednesday, October 1, 2025, a public holiday in celebration of Nigeria’s 65th Independence Anniversary. This announcement was made by the Minister of Interior, Dr. Olubunmi…
LASRERA Teams Up with Property Firms to Strengthen Credibility, Fight Fraud
To restore public confidence in Lagos’ property market, the Lagos State Real Estate Regulatory Authority (LASRERA) has launched Realtors Connect, a new platform aimed at tackling fraudulent practices and unregistered…
Nigeria’s Housing Sector Added Over ₦11 Trillion to 2024 GDP, Says AG Mortgage Bank
Despite a persistent housing deficit estimated at over 28 million units, Nigeria’s housing sector contributed more than ₦11 trillion to the country’s Gross Domestic Product in 2024, according to figures…
PenCom Raises Capital Requirements for Pension Operators in Major Regulatory Shift
In a decisive step to strengthen Nigeria’s pension industry, the National Pension Commission (PenCom) has raised the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs)…
Corruption and Rising Costs Plague Nigeria’s Housing Sector
Corruption in government approval processes is fuelling the rise of illegal housing projects across Nigeria, according to the Housing Development Advocacy Network (HDAN). The group warned that the recent wave…
Lagos Property Boom: New Estates Rise as Coastline Expands
Lagos is witnessing an unprecedented construction boom, with new estates and luxury developments springing up across the city. Along the Lekki–Epe Expressway alone, more than 120 new estates have emerged…
Building Materials Prices Remain High Despite Inflation Drop
Despite a steady decline in Nigeria’s inflation rate, prices of key building materials such as cement and iron rods have remained stubbornly high, raising concerns for builders and developers across…