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…
Nigeria at 65: Independence in Name or in Reality?
Nigeria gained political freedom from Britain in 1960, as citizens welcomed the promise of a new dawn under the green-white-green flag. It was a moment of joy, hope, and pride.…
AIHS to Co-Host Amadeo Business Summit 4.0 in Enugu, Calls on Business Leaders to Participate
Organizers of the Africa International Housing Show (AIHS) have called on business leaders, CEOs, senior executives, government officials, entrepreneurs, academics, NGOs, food industry stakeholders, and the general public to participate…
AG Mortgage Bank Celebrates 20 Years of Excellence, Unveils New Housing Finance Products
AG Mortgage Bank Plc, one of Nigeria’s foremost primary mortgage institutions, has celebrated its 20th anniversary in grand style with a colourful gala celebration held at the Continental Hotel, Abuja.…
Minister Advocates Youth Empowerment to Bridge Nigeria’s Housing Gap
In a decisive push to tackle Nigeria’s persistent housing deficit, particularly among young citizens, the Minister of State for Housing and Urban Development, Abdullahi Yusuf Atah, has underscored the critical…
Tinubu in Lagos for Official Engagements Ahead of 65th Independence Anniversary
President Bola Ahmed Tinubu touched down in Lagos on Friday, beginning a working visit designed to anchor preparations for Nigeria’s upcoming 65th Independence anniversary. Earlier in the week, Tinubu was…