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Metro Real Estate

Lagos State to crack down on illegal real estate operators by 2024, vows LASRERA

The Lagos State Government has taken a firm stance to clamp down on illegal real estate practitioners operating within the state by the year 2024, ensuring stringent compliance with regulations set by the Lagos State Real Estate Regulatory Authority (LASRERA). At a stakeholders’ engagement and interactive session organised by LASRERA in Lagos, Barakat Odunuga-Bakare, the Read More…

Housing Nigeria

Federal Government seeks 50 hectares of land from states to advance housing initiatives

The Federal Government has called on state governments to release 50 hectares of land to support its Renewed Cities Agenda, aimed at delivering housing solutions for citizens. Mr. Ahmed Dangiwa, the Minister of Housing and Urban Development, made this appeal during a courtesy visit by the Governor of Taraba, Dr. Agbu Kefas, in Abuja. Dangiwa Read More…

Business Commodities Inflation Top Story

Skyrocketing Food and Housing Costs Propel Nigeria’s Headline Inflation Rate to 24.08% in July 2023

The National Bureau of Statistics (NBS) has revealed a striking surge in Nigeria’s headline inflation rate, which has vaulted to 24.08% in July 2023. This alarming revelation was underscored by the NBS Consumer Price Index (CPI) and Inflation Report for July, disclosed in Abuja on Tuesday. The report spotlights the primary catalysts of this escalation: Read More…

Metro Real Estate Top Story

8 of 10 Lagos residents prefer monthly rent payment- Survey

A property technology platform, Rent Small-Small, says eight of 10 residents in Lagos prefer to pay their house rent on a monthly basis. Its Co-founder/Chief Executive Officer, Mr Tunde Balogun, who made this known in a statement on Tuesday in Lagos, said this was an outcome of a survey conducted in Lagos. The organisation provides Read More…

Business Real Estate Top Story

Lagos Govt partners REDAN on housing

The Lagos State Government on Sunday said that it was ready to collaborate with the Real Estate Developers Association of Nigeria (REDAN), being a critical stakeholder in the development of the state. The Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, made the assertion at the 2020 Maiden Edition of REDAN Read More…