Experts Advocate Climate-Smart, Energy-Efficient Buildings at ESG Conference in Lagos
Built environment professionals have urged property developers across Nigeria and Africa to adopt climate-resilient, energy-efficient practices in real estate development to tackle environmental degradation and ensure long-term sustainability. The call…
FG Disburses ₦1.6tn to States for Infrastructure, Security—Experts Question Impact
The Federal Government has disbursed a total of ₦1.6 trillion to Nigeria’s 36 states and the Federal Capital Territory (FCT) over a 15-month period to support infrastructure development and bolster…
Experts Urge Government Backing as Private Sector Alone Can’t Fix Nigeria’s Housing Deficit
Real estate experts have emphasized that private developers alone cannot bridge Nigeria’s estimated 28 million housing deficit without coordinated government intervention, policy support, and sustainable financing mechanisms. This position was…
Sanwo-Olu Urges Architects to Lead Fight Against Building Collapse in Lagos
Lagos State Governor Babajide Sanwo-Olu has called on architects and other construction professionals to uphold global best practices as a means of curbing the rising incidents of building collapse across…
Firm Flags Housing Crisis Among Young Professionals, Offers Flexible Rent Solutions
Real estate firm Rentmates has raised concerns about the growing difficulty young professionals face in accessing affordable housing in Nigeria’s urban centres, particularly in Lagos. Speaking to journalists in Lagos,…
Cement Industry Faces ₦1.12 Trillion Energy Bill Amid Rising Costs
Nigeria’s cement manufacturing sector faced a staggering rise in operational costs in 2024, with energy expenses soaring to ₦1.12 trillion an 87.4% jump from ₦598.14 billion recorded in 2023. The…
Julius Berger Begins Construction of Oloibiri Oil Museum in Bayelsa
Julius Berger Nigeria Plc has officially commenced construction of the Oloibiri Oil Museum and Research Centre in Otuabagi, Ogbia Local Government Area of Bayelsa State—marking a significant step in preserving…
Kwara Begins Land Mapping for FG’s Renewed Hope Housing Project
The Kwara State Government has commenced land mapping and acquisition across various local government areas as part of the Federal Government’s Renewed Hope Mass Housing Scheme aimed at providing 100…
Nigerian Engineers Sound Alarm Over Corruption and Contract Favouritism in PPP Projects
Nigerian engineers have raised alarms over rising corruption in Public-Private Partnership (PPP) projects. They say favoritism in contract awards is reducing trust in the system. Dr. Felix Atume, former Registrar…
Vietnam Attracts Surge in Global Real Estate Investment Amid Legal Reforms and Sectoral Growth
Vietnam’s real estate market is experiencing a surge in international investment, driven by legal reforms, infrastructure development, and the rise of new growth segments. According to industry stakeholders, the country…