Stakeholders in the construction industry have identified the poor adoption of modern technologies by professionals as one of the factors contributing to stifling the sector’s growth.
According to them, about 75 per cent of professionals in the industry are behind in technology adoption.
The Council of Registered Builders of Nigeria (CORBON) has called for immediate safety assessments of buildings following recent earth tremors in Abuja, particularly in Mpape and nearby areas.
In 2024, while the real estate market in cities like Abuja, Lagos, and Port Harcourt continues to soar, certain areas in other parts of Nigeria are witnessing a decline in property prices. This decrease is driven by various factors including economic challenges, oversupply, and reduced demand. Here’s a look at key locations where real estate prices are falling and what…
The President of the Council for the Regulation of Engineering in Nigeria, Professor Sadiq Abubakar, has called for enhanced regulatory frameworks to address the persistent failures in engineering infrastructure across Nigeria. Speaking at the 32nd Engineering Assembly held in Abuja recently, Abubakar emphasised the need for stricter regulation and oversight to prevent incidents, such as building collapses and other structural…
The question on many property buyers, investors, and even homeowners’ minds is whether real estate prices will crash in the coming years, particularly in 2025
The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors in housing delivery, urban planning,…
Nigeria’s real estate sector has faced a myriad of challenges, but one of the most pressing issues today is the soaring cost of electricity
The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway to source funds from fuel subsidy removal and profits from the windfall tax to build houses for those without income, low-income earners, homeless, vulnerable, and underprivileged in society. Dangiwa stated this when the President and Chairman of the Committee on Construction Projects and Infrastructure of…
A Knight Frank report has stated that office rental growth across Nigeria was affected by an oversupply of office space. “Notably, the prime offices’ occupancy levels in Lagos and Abuja stand at over 80 per cent. Despite this return in demand, office rental growth across Nigeria is being tempered by an oversupply of office space, especially in Lagos. “For instance,…
Abuja, the capital city of Nigeria, is a vibrant and rapidly growing metropolis, making it an attractive location for property investment. If you are considering buying a house in Abuja, you are likely interested in the best neighborhoods, real estate trends, and affordable housing options. This guide will help you navigate the Abuja property market and find the ideal home….
