TODAY'S NEWS
FCTA Demolishes Structures in River Park Estate, Vows Legal Action Against...
On Wednesday, October 8, 2025, the Federal Capital Territory Administration (FCTA) took decisive action by demolishing a newly erected structure in River Park Estate,...
Lagos Tenancy Bill to Fairly Protect Landlords and Tenants — Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu has announced that the proposed Lagos Tenancy Bill aims to balance the interests of landlords and tenants while addressing...
MORTGAGE
FG Lowers Mortgage Rates, Reduces Down Payments For Home Ownership
The Ministry of Finance, through the Incorporated Real Estate Investment Fund (MREIF), has announced significant changes aimed at promoting affordable homeownership in Nigeria. The...
90% of Lagos Buildings Lack Mortgage Insurance: Experts Raise Concerns
Afolabi Akindele, CEO of Adamakin Investment & Works Limited, recently highlighted a pressing issue within Lagos' real estate sector—90% of buildings in the city...
NEWS
Lagos Tenancy Bill to Fairly Protect Landlords and Tenants — Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu has announced that the proposed Lagos Tenancy Bill aims to balance the interests of landlords and tenants while addressing...
Housing Ministry Goes Digital, Says Paper Memos No Longer Accepted
The Ministry of Housing and Urban Development has announced that it has stopped accepting paper memos, stating that it will only receive memos via...
HOUSING
Renewed Hope Cities and Estates: FG Commence Construction In 4 States
Through the Ministry of Housing and Urban Development, the Federal Government announced plans to commence a nationwide groundbreaking for phase 1 of Renewed Hope...
Maiduguri’s Affordable Housing Scheme Gets A Boost With Allocation Of 113...
In an effort to meet the urgent demand for affordable housing in the state capital, the government of Borno State has allocated aside 113...
VALUERS VIEWPOINT
AFRICA
BUILDING COLLAPSE
Building Collapses in Abia
A section of the First Bank building on Library Avenue in Umuahia, Abia State, has collapsed, causing panic in the busy commercial area that...