August 5, 2025

Housing

General

The Dream Fades: Rising Housing Costs Price Out Nigerian Homebuyers

The rising cost of housing in Nigeria is making it increasingly difficult for individuals to achieve their dream of homeownership, according to the CEO of Point1 Homes. The executive highlighted the challenges posed by the current housing market, where escalating prices are pricing out potential homebuyers. The CEO emphasized that the situation demands innovative solutions

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Business

FG Pursues $6.25bn Yearly Investment to Tackle Housing Shortage –

The Federal Government has revealed that Nigeria needs an annual investment of $6.25bn to bridge its housing deficit, which stands at over 28 million units. Urgent Need for Housing InvestmentThe Minister of Housing and Urban Development, Ahmed Dangiwa, made this disclosure at the Renewed Hope Housing Public-Private Partnership Summit in Abuja. Dangiwa lamented that despite

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