Housing, Real Estate Contributed ₦77 Trillion to Nigeria’s Economy in 2025, Minister Says
Nigeria’s housing and real estate sector contributed more than ₦77 trillion to the nation’s economy in 2025, underscoring its growing importance as one of the country’s largest economic drivers. The…
Is Building a House Always Cheaper Than Buying One? The Truth Every Homebuyer Should Know
Building a house can be cheaper than buying one, but it is not automatically the more affordable option. Many people compare only the cost of bricks and cement while overlooking…
Housing Strategy Could Drive Nigeria’s Journey to a $1 Trillion Economy
Nigeria’s housing sector could become one of the strongest drivers of economic transformation if it is positioned as an industrial development strategy rather than simply a social welfare programme. Experts…
FG: Nigeria Recorded Over 650 Building Collapses, 1,600 Deaths in 52 Years
The Federal Government has disclosed that Nigeria recorded more than 650 building collapse incidents between 1974 and 2026, resulting in over 1,600 deaths, underscoring the urgent need for stronger enforcement…
Ogun Building Collapse Death Toll Rises to Three
The death toll from the building collapse in Ogun State has risen to three following the recovery of another victim from the rubble, as emergency responders continue rescue and recovery…
Does a Certificate of Occupancy (C of O) Guarantee Ownership in Nigeria?
A Certificate of Occupancy (C of O) is one of the most valuable land documents a property owner can possess in Nigeria. However, many buyers mistakenly believe that once a…
Darma Calls for Stronger Regulation to Transform Nigeria’s Housing Sector
The Minister of Housing and Urban Development, Muttaqha Rabe Darma, has called for stronger regulatory frameworks to improve accountability, quality, and sustainability in Nigeria’s housing sector. He said effective regulation…
Nigeria’s REITs Outperform Lagos Housing as Investors Seek Stronger Returns
Nigeria’s Real Estate Investment Trusts (REITs) are emerging as a stronger alternative to direct property ownership in Lagos, with some listed real estate investment vehicles recording significant gains despite high…
FG Completes 40 Major Road Projects, Advances 5,400km of Highway Construction
The Federal Government has completed 40 major road and bridge projects across Nigeria between May 2023 and May 2026, while construction is ongoing on approximately 5,400 kilometres of highways, expressways,…
Firefighters Avert Major Disaster After Petrol Tanker Crash at Kwara Filling Station
A potentially devastating fire disaster was prevented in Ilorin, Kwara State, after firefighters responded swiftly to a petrol tanker crash at a filling station, successfully containing the incident before it…