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Nigeria’s Soaring Rents: A Real Estate Housing CrisisNigeria’s urban residents are facing a housing affordability crisis like never before. Over the past year or two, rents in major cities have doubled, pricing out millions of people and placing significant strain on lots of working-class families. With a 28-million-unit housing deficit, the gap between supply and demand has widened to alarming levels—fuelled by inflation, tax hikes,...
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Abuja Embassy Real Estate Faces Major Crisis Over Unpaid Ground RentDiplomatic buildings in Abuja are now under the spotlight as 34 embassies face possible closure for owing ground rent; some for over a decade. Yes, you read that right. From Ghana to Russia, and even Equatorial Guinea; which reportedly owes over ₦1.1 million: the Federal Capital Territory Administration (FCTA) is cracking down hard. This isn’t just about money; it’s about land-use...1 Comments 0 Shares 575 Views
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Lagos is Turning the Real Estate Tide on Flooding Through Smarter ArchitectureLagos, Nigeria’s coastal powerhouse, is staring down an escalating climate crisis. Rising seas, heavy rains, and failing drainage are no longer future threats—they’re here. But Lagos isn’t backing down. It's rising above—literally. As flooding worsens, a new generation of architects and developers are championing flood-resistant, eco-smart real estate. From stilt...0 Comments 0 Shares 2K Views
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Makoko Floating Real Estate: A Blueprint for Climate-Ready CitiesIn Lagos’s sprawling lagoon district, Makoko’s real estate is rewriting the playbook on urban survival. Once written off as an informal settlement prone to floods, this waterfront community is now pioneering amphibious real estate—homes that rise and fall with the tides, proving that resilience can come from the most unexpected places. Why Makoko’s Floating Real Estate...0 Comments 0 Shares 2K Views
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Niger Flooding Real Estate Crisis: Lives Lost, Futures DrownedThe 2025 Niger flooding real estate disaster is not just a weather event—it’s a warning. As Mokwa reels from one of the worst floods in Nigeria’s recent history, over 200 lives are gone, 1,000 people are still missing, and the damage to homes, land, and livelihoods is catastrophic. This isn’t just a natural disaster—it’s the cost of neglect. Urban Chaos...0 Comments 0 Shares 783 Views