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The Senate Committee on Housing and Urban Development on Wednesday questioned the Federal Government’s housing projects and the utilisation of the N100 billion
Housing

We owe contractors N92 billion, Housing Ministry tells Senate

The Senate Committee on Housing and Urban Development on Wednesday questioned the…

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Akinwumi Adesina, President of the African Development Bank (AfDB), has revealed that Africa will require 56 million new homes
Housing

Africa Needs 56 Million Homes to Bridge Housing Gap – AfDB President

Akinwumi Adesina, President of the African Development Bank (AfDB), has revealed that…

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sustainable housing
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Sustainable Housing: Paving the Way for Green and Inclusive Urban Futures in Nigeria  

Sustainable housing significantly enhances the quality of life by integrating principles of…

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The prosperity of a nation relies significantly on its natural resources, with land standing as a cornerstone of wealth and societal development.
Housing

The Challenges of Nigeria’s Land Use Act: Experts Speak

The prosperity of a nation relies significantly on its natural resources, with…

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As of December 31, 2024, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has signed 5,481 Certificates of Occupancy (C-of-O)
Housing

Wike signs 5,481 C-of-O in 1yr, FCT land allottees now get title documents in 2 weeks

As of December 31, 2024, the Minister of the Federal Capital Territory…

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Turkey has launched a new affordable housing scheme targeting low-income earners and first-time buyers to help reduce inflationary pressures
Housing

Turkey Launches Affordable Housing Scheme to Tackle Rising Rent Prices

Turkey has launched a new affordable housing scheme targeting low-income earners and…

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Experts have continued to raise concerns over the rising prices of real estate in Cape Town, the legislative capital of South Africa, and the country's oldest city
Housing

Growing Demand for City Center Housing Sparks Cape Town Real Estate Boom

Experts have continued to raise concerns over the rising prices of real…

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The housing sector in Nigeria remains pivotal in the nation's economic and social landscape, directly impacting millions of lives.
Housing

Arc. Musa Sada, Housing TV Africa on the Future of Housing in Nigeria

… highlights Progress, Challenges, and Opportunities in 2025 … As Nigeria's Housing…

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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, Co-founder Ruth Olorunfemi noted that many young workers are burdened by high rent costs, often spending over 30 percent of their income on housing. This, she said, leaves little room for essential needs like savings, investment, and personal development. "Finding affordable housing in Lagos is a daunting challenge for most young professionals," Olorunfemi said. "The city’s fast-growing population and limited housing stock are making things worse. That’s why Rentmates is focused on bridging this gap." Rentmates, described as a next-generation real estate agency, offers rent financing solutions that allow tenants to spread payments over time. According to Olorunfemi, this approach has significantly reduced financial strain, giving clients the ability to manage rent alongside other life expenses. Over the past four years, the company has built a portfolio of affordable and quality housing options, ranging from apartments to shared accommodations. In addition to flexible payment plans, Rentmates also offers personalized housing support—guiding clients through market options and connecting them with tailored financial solutions. Olorunfemi added that Rentmates’ mission aligns with the broader goal of boosting economic participation by enabling young Nigerians to live more sustainably. “By making rent affordable and predictable, we’re helping young professionals focus on their careers, build businesses, and plan for the future,” she said. With the cost of urban housing continuing to rise, the company reiterated its commitment to expanding its model to other major Nigerian cities and fostering a more inclusive housing system for emerging professionals.
Housing

5 Reasons Why Housing is Unaffordable

The right to adequate housing is a human right recognized in international…

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Governor Seyi Makinde of Oyo state has warned that land grabbing is now a criminal offense in the state and punishable under state laws.
Housing

Land Grabbing Now a Criminal Offence in Oyo – Seyi Makinde

Governor Seyi Makinde of Oyo state has warned that land grabbing is…

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