In August 2024, Nigeria’s inflation rate dropped for the second consecutive month, reaching 32.15%, marking a slight relief in a challenging economic environment. While this drop was widely seen as a positive development, especially after months of surging inflation, the cost of housing and accommodation continues to rise, posing a serious challenge to many Nigerians.

Affordable housing is a significant challenge in Nigeria, where rapid urbanization, population growth, and economic disparities have created a growing housing deficit.

Nigeria, Africa's most populous nation and largest economy, has experienced significant growth in its real estate sector over the past decade. With an increasing demand for residential, commercial, and industrial properties, one would expect the country’s property market to boom continuously. However, despite the potential, several infrastructure challenges hinder the full realization of this growth.

In Nigeria's dynamic real estate market, the resale value of a home can fluctuate significantly based on various factors. Whether you're a homeowner looking to sell or an investor aiming to maximize returns, understanding these factors is crucial.

Nigeria's real estate market is booming, offering lucrative opportunities for investors, developers, and homebuyers alike. However, it is also a sector fraught with legal complexities.

In recent years, virtual reality (VR) has emerged as a groundbreaking technology, revolutionizing various industries. One of the most intriguing applications of VR is in real estate, where it is fundamentally transforming the home-buying experience.

The real estate market is often seen as an indicator of the overall health of an economy. The prices of real estate are influenced by a myriad of economic factors, ranging from interest rates to employment levels, and understanding these influences can provide valuable insights for investors, homeowners, and policymakers alike.

Nigeria, like many developing countries, faces significant challenges in providing affordable housing for its population. With a minimum wage of 70,000 Naira per month, many Nigerians find it difficult to secure decent housing, especially in major urban areas.

The Urban and Regional Planning Act is a critical legislative framework in Nigeria aimed at ensuring orderly and sustainable development in both urban and rural areas. This Act provides guidelines and regulations for land use planning, development control, and the implementation of physical development plans. This article delves into the objectives, key components, implementation strategies, and challenges of the Urban and Regional Planning Act in Nigeria.

The Nigerian Building Code (NBC) is a vital regulatory framework aimed at ensuring the safety, health, and sustainability of buildings in Nigeria. The NBC sets standards and guidelines for the design, construction, and maintenance of buildings, addressing various aspects such as structural integrity, fire safety, energy efficiency, and accessibility. This article provides a comprehensive overview of the NBC, its objectives, key components, implementation strategies, and the challenges it faces.

Finding the best tenants in Nigeria requires a strategic approach to ensure you select reliable and responsible individuals. Here are some steps to help you find the best tenants.

The real estate market in Nigeria offers a range of lucrative opportunities for professionals with the right skills and expertise. Here’s a look at some of the most profitable real estate professions in Nigeria.