…orders issuance of new C-of‐Os to genuine homeowners The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that no illegal constructions within River Park Estate will be spared, stressing that no amount of blackmail will stop the FCTA from pulling down structures
Real Estate and Environment
…suspends all approvals, orders fresh audit of estate …bans dealings with Paulo Homes, JonahCapital, others over scandal The Federal Capital Territory Administration (FCTA) has announced sweeping reforms in land administration, declaring that undeveloped portions of land within Riverpark Estate will be reclaimed, while developers operating without authorization are to be
Persistent rent defaults are intensifying disputes between landlords and tenants, as property lawyers and real estate experts warn that many Nigerians can no longer keep pace with surging rental costs. Findings show that nearly 90 per cent of landlords in the residential sector have raised rents within the past year, with more than a third […]
As middle class and low income earners struggle to secure affordable accommodations in the federal capital territory, Abuja and environs, a real estate firm, T Pumpy Concept said it is set to ease the burden by building categories of affordable house for Nigerians. To be cited in Karsana East, Abuja, Akintayo Adaralegbe, Managing Director/Chief Executive […]
In the bustling cities of Lagos, Ibadan, and Abuja, where accommodation scarcity continues to challenge young professionals and students, SharedHomes has emerged as the leading brand for shared apartments and affordable housing solutions. With over 200 houses and more than 2,000 renters, SharedHomes.ng has positioned itself as the number one shared apartment network in
In a bold and unprecedented move, Mapway Real Estate Limited, under the visionary leadership of its CEO, Olamide Eniola-Peters, achieved a groundbreaking milestone by allocating properties to over 100 individuals in a single day doubling its previous record. This historic event, which took place across the company’s prime locations in Atan and Owode, Ogun State, […]
A new era in modern estate living has begun with the official launch of Avana Grove, a comprehensive off-plan residential development strategically located along the Navy Estate Road in Karshi. The project was unveiled to investors, partners, and key stakeholders in a visionary event that marked a bold step towards redefining real estate delivery in […]
As Nigeria’s cities expand and the demand for quality, affordable housing intensifies, one company is boldly reshaping the nation’s real estate future not just by building homes, but by building hope. Dreams Cottage Estate Ltd., under the visionary leadership of Obi Joseph Obumneme, is fast becoming a beacon of innovation, sustainability, and community-first development.
In a bold stride toward bridging Nigeria’s professional skills gap in the real estate sector, Ace Real Estate Development LTD has graduated over 1,000 students from the 7th batch of its flagship training program, Ace Academy. The graduation ceremony, held on Saturday, May 31st, 2025, at The Lilygate Hotel in Lekki Phase 1, Lagos, marks […]
A new and innovative real estate company, Just10homes, has officially launched in Nigeria, promising to redefine the sector by not just offering accommodation, but also building and purchasing homes for clients. The company is founded by Osuoha Destiny Prince, popularly known as Mazi Okeke; a multi-talented entrepreneur, content creator, comedian, and artist from Abia
At just 38 years old, Joseph Diamond Ilori is rapidly reshaping the global real estate landscape with innovation, impact, and a purpose-driven approach. Recognized internationally for his strategic acumen and client-first philosophy, Ilori is not only breaking sales records—he is building communities, transforming cities, and mentoring the next generation of real estate
The Federal Government is set to launch 10,000 housing units under the Renewed Hope Medic City mass housing initiative, targeted at medical and healthcare workers across the country. This move is part of a broader effort to enhance welfare and sustainability in the healthcare sector. The announcement was made at a stakeholders’ interactive engagement meeting […]
By Agency Report The Federal Ministry of Housing and Urban Development (FMHUD) has expressed serious concerns over ongoing delays and substandard work by contractors involved in the Renewed Hope Housing Programme. In the past month, Minister Arc. Ahmed Musa Dangiwa has issued two stern warnings to developers, urging them to complete their projects on time […]
The Coalition of Civil Society Groups for Peace and Good Governance has called for the immediate settlement of outstanding payments owed to contractors involved in the stalled Bwari Housing Project. The group accused the Federal Housing Authority (FHA) Managing Director of deliberately abandoning the initiative for personal interests, despite available funds.
The Ministry of Finance Incorporated (MOFI) has announced they it has successfully closed it N250bn Real Estate Investment Fund (MREIF) pilot fundraising, attracting strong private sector participation under a NGNI00 billion issuance tranche. In a statement by Sani Yakubu, Executive Director (Coordinator), MRIEF, on Thursday, ot stated that MREIF has established itself as
BY MOTOLANI OSENI A real estate investor and developer in Nigeria, GTEXT Holdings, has identified the need to improve real estate investment to tackle persisting housing deficit in the country. The facility known as Garnet Resort City is being developed by GTEXT Holdings, a leading real estate investor and developer in Nigeria. It is located […]
Majescity Real Estate and Investments Limited, a leader in climate-friendly real estate solutions, is set to host the Sustainable Real Estate Conference (SREC) 2025, a groundbreaking event focused on the intersection of real estate, agriculture, environmental sustainability, and economic growth. Scheduled for March 29–30, 2025, at the Stanel Dome in Awka, Anambra State,
On Saturday, February 22, 2025, Mapway Real Estate Limited, under the leadership of its CEO, Olamide Eniola-Peters, achieved a significant milestone in its mission to help young people build transgenerational wealth through real estate. In a single day, the company successfully allocated properties to over 50 individuals across its two major locations in Atan and […]
By Tunde Opalana The Managing Director and Chief Executive Officer of T Pumpy Concept, Akintayo Adaralegbe has disclosed that the company’s mega city project will create jobs, drive economic growth, and provide affordable housing for thousands of Nigerians in Abuja. Adaralegbe who disclosed this during a media briefing on Tuesday in Abuja said the mega […]
Lagos, the bustling heart of Nigeria, is a city known for its vibrant culture, rich history, and dynamic real estate market. However, amidst the towering skyscrapers and busy streets lie hidden gems waiting to be discovered. Xpress Homes Limited, founded by Adedayo Ibrahim Adekunle, is on a mission to unveil these best-kept secrets of Lagos, […]





















