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News
Lagos ranks fourth for luxury two-bedroom rents
1+ week, 17+ hour ago (319+ words) Lagos ranked fourth among the 10 cities for high-end two-bedroom rental costs, with an average annual rent of $19,379 in 2026. Nairametrics, in its recent report, attributed high property prices to limited land availability, strong demand in prime locations, rising construction costs, speculation,…...
Nigeria’s real estate sector faces complex challenges – FIABCI
3+ week, 16+ hour ago (307+ words) The newly inaugurated Nigeria Chapter Chairman of the International Real Estate Federation, Ayodeji Odeleye, has stated that Nigeria’s real estate sector faces complex challenges. Odeleye stated this on Thursday in Lagos during FIABCI Nigeria’s 2026 Annual General Meeting and induction of…...
DIASPORA REAL ESTATE BOOM: Pellican-Valley Marks 12th Anniversary With First-Ever 20% Discount Sales In Ogun State
3+ week, 2+ day ago (302+ words) In a historic milestone for Nigeria’s real estate sector, foremost property development firm, Pellican-Valley Nigeria Ltd, has unveiled an unprecedented 20% anniversary discount. The special edition promo celebrates 12 years of zero-litigation excellence, offering just 12 prime plots of land to smart investors…...
FG approves 600 housing units for military, adopts revised biotechnology policy
3+ week, 4+ day ago (734+ words) The Minister of Housing and Urban Development, Rabe Darma. The Federal Executive Council on Wednesday approved the direct purchase of 600 units of four-bedroom terrace duplexes at Bristol City Development in Life Camp, Abuja, for members of the Armed Forces. The…...
FG begins 250-unit housing estate for civil servants
3+ week, 4+ day ago (935+ words) The Minister of Housing and Urban Development, Rabe Darma. The Federal Government has commenced the construction of 250 units of two-bedroom bungalows for federal civil servants under the Renewed Hope Civil Service Estate in Gwagwalada, Abuja. The Minister of Housing and…...