High Rent in Ilorin Stalling Marriages, Say Young Adults
Young adults in Ilorin reveal how skyrocketing rent and housing expectations are forcing them to delay marriage. Landlords, POP houses, and limited jobs blamed. Read more.
Category : Search result: housing deficit
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
Tribitat Real Estate Honoured as Africa's Emerging Brand 2025
Tribitat Real Estate clinched the Emerging Real Estate Brand of the Year award at the Africa Housing Awards 2025 in Abuja. CEO Gbenga Adeleke received the honour from Minister Ahmed Dangiwa. Read about their journey and future plans.
Experts Urge Sweeping Mortgage Reforms in Nigeria
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
Developer Urges Coordinated Approach on Housing Challenge
TAF Africa Global's MD, Mustapha Njie, advocates for government incentives and mortgage expansion to address Nigeria's housing crisis during the commissioning of 1,000 homes in Port Harcourt.
Army Launches Affordable Housing Scheme for Soldiers in Ibadan
Chief of Army Staff Lt-Gen Waidi Shaibu commissions 60-unit AHOOAS housing estate in Ibadan, boosting troop welfare and post-service stability. Read more on this key welfare initiative.
Developer Harps on Quality Housing, Tackles Inflation
Prindex Properties MD Tolu Bawa-Allah emphasizes unwavering quality in Lagos real estate. Firm uses strategic partnerships to combat inflation, targets diaspora investors during Detty December.
Lady Discovers Ex-Landlord Rented Her N300k Flat for N600k
A Nigerian lady moved out due to poor network, only to find her former N300,000 apartment re-rented for N600,000 the same year. Read her story and the public's reaction.
Sanwo-Olu: Collaboration Key to Bridging Lagos Housing Deficit
Governor Babajide Sanwo-Olu says strong government-private sector collaboration is critical for affordable housing in Lagos. Learn about the state's strategy.
Ogun Assembly Commends Housing Ministry's Achievements
Ogun State House of Assembly commends the Housing Ministry for affordable housing and GRA regeneration. Commissioner unveils new legacy projects for 2025, including an International Conference Centre.
Ogun Assembly Commends Housing Ministry on GRA Regeneration
Ogun State House of Assembly lauds Housing Ministry for affordable housing and GRA regeneration. Commissioner unveils plans for an International Conference Centre, Appeal Court complex, and more. Governor appoints new Statistician-General.
French Budget Fails, Political Gridlock Worsens
French lawmakers fail to agree on 2026 budget, deepening political crisis. Prime Minister Lecornu faces setback as deficit concerns grow. Read the full analysis.
Edun Contradicts Tinubu on 2025 Revenue Figures
Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.
Pregnant Woman Assaulted in Abuja Property Demolition
A pregnant woman was beaten and dragged by FHA security during a demolition on disputed land in Abuja, despite an active court case ordering status quo. Read the shocking details.
Women-led Ogun housing project wins Africa sustainability award
Mowe Golf Town, a women-led residential project in Ogun State, has been named Green Sustainable Housing Project of the Year at the 7th Africa Housing Awards in Abuja. The award recognises its eco-friendly design and community impact.
Female CEO's Bold Steps in Nigeria's Real Estate
Imelda Usoro Olaoye, founder of Thinkmint Nigeria, discusses tackling housing demands with transparency, digital innovation, and community-focused projects. Discover her vision for growth.
FG Takes Over N47bn Abandoned Kano Road Project
The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.
High Rent in Sokoto Stops Men from Marrying, Ladies Lament
Skyrocketing house rents in Sokoto are forcing young men to postpone marriage, disrupting cultural norms. Single women cry out as affordable homes vanish. Read the full report.
Female Real Estate CEO Solves Nigeria's Housing Issues
Imelda Usoro Olaoye, CEO of Thinkmint Nigeria, reveals her strategy for transparent real estate, digital innovation, and plans for European expansion to solve housing challenges.
Sustainable Materials Reduce Long-Term Costs for Homeowners
Ksircomfort Construction urges wider use of sustainable materials & digital approvals to cut costs & delays in Nigeria's housing sector. Founder Ademola Idris highlights innovation & trust.
Macron warns China on EU tariffs over trade deficit
French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.
Enugu Plans 5 New Transport Terminals to Boost Economy
Governor Peter Mbah unveils a N1.62 trillion budget for 2026, prioritizing transport infrastructure with five new terminals and 2,000 city taxis to stimulate Enugu's economic growth.
Nigerian man's N2m flat has no water, light, rent hiked
A Nigerian man paid N2 million for an apartment only to find no water or electricity. After one year, his landlord issued a quit notice and raised the rent to over N3 million. Read his full story and tenant rights in Nigeria.
Stakeholders Demand Land Use Act Review for Housing
Nigeria's housing stakeholders call for urgent Land Use Act reforms to unlock $300B in dead capital and boost affordable housing. Minister Dangiwa reveals new digital land registry initiative.
Expert: Infrastructure Key to Solving Nigeria Housing Crisis
Sokipriye Graham-Douglas calls for government prioritization of infrastructure, social housing, and accessible mortgages to reduce Nigeria's growing housing gap. Read his solutions.
Nigeria Plans Bamboo Homes for Housing Crisis
Nigeria explores bamboo construction to tackle 22 million housing deficit. Federal Ministry of Science and Technology pushes climate-smart solution amid expert concerns about implementation challenges.
How Location Shapes Nigerian Property Values
Location remains Nigeria's top property value driver, with premium areas commanding 10x higher prices. Experts explain how infrastructure, security, and proximity shape investment decisions.
CBN Won't Fund Fiscal Deficits, Says Cardoso
CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.
Lady's ₦1.5m Lagos Apartment Video Goes Viral
A Nigerian lady's TikTok video exposing a substandard Lagos apartment priced at ₦1.5 million has ignited social media discussions about housing standards and agent practices.
100 Free Homes for Kaduna Widows and Orphans
Widows and orphans in Kaduna receive 100 free homes through Adashe Women Housing project. Dr. Umma Sani's childhood homelessness inspired this life-changing initiative.
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