Renowned real estate developer and entrepreneur, Dr. Kennedy Okonkwo, has revealed that property prices in Lagos have doubled in under three years, surging from about N45 million to N94 million in ...

Lagos short-let apartment prices surged over 200% in 2024, driven by high inflation and strong investor demand.

The short-let apartments segment of the residential market had a good showing with a price increase estimated at 200 percent. In ...

The National Bureau of Statistics (NBS) has announced that it is going to rebase Nigeria’s gross domestic product (GDP) and ...

By Rita Okoye Nigeria’s real estate market is facing a growing crisis. With rising inflation, a struggling economy, and increasing urban migration, both investors and tenants are feeling the strain.

The Nigerian real estate sector is set to see significant growth in the coming 3-5 years, with affordable housing and ...

Despite the surge in rental costs, most Nigerians seeking accommodation are more than the available houses, giving room for the highest bidders to have their way ...