Nigeria, Kuwait Fund Seek Infrastructure Boost to Ease Housing Shortage
The Federal Government is moving to deepen ties with the Kuwait Fund for Arab Economic Development (KFAED) to address Nigeria’s housing deficit through infrastructure investment and sustainable urban projects. Speaking…
Economic Squeeze Pushes Nigerian Importers into Real Estate, Ride-Hailing Businesses
A growing number of Nigerian importers are abandoning their traditional trade to seek survival in real estate and ride-hailing services as foreign exchange volatility, high import tariffs, and shrinking consumer…
High Costs Push Nigeria’s Real Estate Players Out of $13.5bn Market
Nigeria’s real estate sector is grappling with unprecedented challenges as soaring interest rates and a weakened naira shut operators out of a $13.5 billion global investment opportunity. At a time…
Mokwa Flood Survivors Decry Unfulfilled Government Promises, Plead for Urgent Action
Months after the devastating flood in Mokwa that claimed hundreds of lives and displaced thousands, many survivors say they are still without homes, food, or clarity on when pledged government…
MOFI Real Estate Investment Fund Wins “Innovative FG Mortgage Intervention Award” at Best of AIHS 2025
The MOFI Real Estate Investment Fund (MREIF) has been honoured with the prestigious Innovative FG Mortgage Intervention Award at the Best of AIHS 2025 Dinner & Awards, held at Rockview…
Brains & Hammers ,Vista,DME, Mshel Homes, Zylus and Others Shine at Best of AIHS Honours Dinner
… As AIHS 2025 Celebrates Builders of Modern Africa … Top Developers Take Centre Stage It was an evening of glamour, celebration, and recognition as top developers and industry leaders…
Lagos Shuts Down Lekki Estate Over Sewage Discharge Allegations
The Lagos State Government has closed Myca 7 Court, located within Van Daniel Estate off Orchid Road in Lekki, over claims of pumping untreated sewage into public drainage channels. In…
Housing Breakthrough at AIHS 2025 as MOFI Slashes Mortgage Rate from 12% to 9.75%
... Reiterates Commitment to Investor-Backed Real Estate Fund ... Promises Affordable Homeownership for Nigerians The Ministry of Finance Incorporated (MOFI) has reiterated its commitment to tackling Nigeria’s housing deficit and…
NEPZA Moves to Resolve Abuja Tech Village Land Dispute with FCTA
The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to mediate the dispute between the Federal Capital Territory Administration (FCTA) and the Abuja Technology Village (ATV) Free Zone over…
Wike Decries Abuja Masterplan Distortion, Moves to Curb Land Use Abuse
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has raised concerns over the growing disregard for the Abuja Master Plan, warning against the conversion of residential properties to…