real estate – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 26 May 2026 13:38:30 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png real estate – InfoStride News https://www.theinfostride.com 32 32 Nigeria’s Pension Fund Investment in Real Estate Soars by 418% to N77.8bn https://www.theinfostride.com/nigerias-pension-fund-investment-in-real-estate-soars-by-418-to-n77-8bn/ https://www.theinfostride.com/nigerias-pension-fund-investment-in-real-estate-soars-by-418-to-n77-8bn/#respond Tue, 26 May 2026 13:45:58 +0000 https://www.theinfostride.com/?p=464893 Nigeria’s pension fund administrators (PFAs) have significantly increased their investments in real estate, with figures rising by 418% to N77.8 billion as of June 2025, according to fresh data from the National Pension Commission (PenCom). This marks a substantial leap from the N15.02 billion recorded in the same period last year, underscoring growing confidence in [...]

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]]> https://www.theinfostride.com/nigerias-pension-fund-investment-in-real-estate-soars-by-418-to-n77-8bn/feed/ 0 Operators Say Soaring Inflation, Interest Rates Crippling Real Estate Demand https://www.theinfostride.com/operators-say-soaring-inflation-interest-rates-crippling-real-estate-demand/ https://www.theinfostride.com/operators-say-soaring-inflation-interest-rates-crippling-real-estate-demand/#respond Wed, 24 Dec 2025 15:19:49 +0000 https://www.theinfostride.com/?p=463256 Nigeria’s real estate sector is experiencing a slowdown in demand as spiraling inflation and rising interest rates continue to erode the purchasing power of potential homebuyers and investors. Real estate developers, agents, and analysts have expressed growing concern over the declining activity in property transactions, warning that if economic conditions persist, the sector may face [...]

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]]> https://www.theinfostride.com/operators-say-soaring-inflation-interest-rates-crippling-real-estate-demand/feed/ 0 Nigeria’s Real estate sector Grows to ₦41.3tn, Driving Economic Expansion https://www.theinfostride.com/nigerias-real-estate-sector-grows-to-%e2%82%a641-3tn-driving-economic-expansion/ https://www.theinfostride.com/nigerias-real-estate-sector-grows-to-%e2%82%a641-3tn-driving-economic-expansion/#respond Wed, 24 Dec 2025 10:48:06 +0000 https://www.theinfostride.com/?p=463324 Nigeria’s real estate sector has witnessed a remarkable upturn, surging to a market value of ₦41.3 trillion in the first quarter of 2025, according to recent data from the National Bureau of Statistics (NBS). This expansion not only underscores the sector’s resilience amid economic headwinds but also highlights its increasingly pivotal role in national economic [...]

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]]> https://www.theinfostride.com/nigerias-real-estate-sector-grows-to-%e2%82%a641-3tn-driving-economic-expansion/feed/ 0 NairaTrack.com Set to Transform How Nigerian Businesses Manage Receipts and Transactions https://www.theinfostride.com/nairatrack-com-set-to-transform-how-nigerian-businesses-manage-receipts-and-transactions/ https://www.theinfostride.com/nairatrack-com-set-to-transform-how-nigerian-businesses-manage-receipts-and-transactions/#respond Tue, 23 Sep 2025 08:01:29 +0000 https://www.theinfostride.com/?p=467070 In today’s fast-paced business environment, Nigerian entrepreneurs and SMEs are constantly seeking ways to operate more efficiently, build trust with their customers, and avoid the chaos of unorganised records. Recognising these challenges, NairaTrack.com is introducing an innovative digital solution designed to simplify how businesses create, send, and track receipts — officially launching on September 28, [...]

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]]> https://www.theinfostride.com/nairatrack-com-set-to-transform-how-nigerian-businesses-manage-receipts-and-transactions/feed/ 0 Real Estate Developer Launches 32-Unit Terrace Housing Project in Lagos https://www.theinfostride.com/real-estate-developer-launches-32-unit-terrace-housing-project-in-lagos/ https://www.theinfostride.com/real-estate-developer-launches-32-unit-terrace-housing-project-in-lagos/#respond Mon, 11 Aug 2025 17:32:14 +0000 https://www.theinfostride.com/?p=464696 A property development firm has unveiled a new 32-unit terrace housing estate in Lagos, marking another significant addition to the city’s growing real estate landscape. The project, according to the developers, is designed to meet the rising demand for modern, secure, and well-planned residential spaces in Nigeria’s commercial capital. The estate, strategically located in a [...]

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]]> https://www.theinfostride.com/real-estate-developer-launches-32-unit-terrace-housing-project-in-lagos/feed/ 0 Less Than 10% of Nigerian Land Properly Documented, Says Minister https://www.theinfostride.com/less-than-10-of-nigerian-land-properly-documented-says-minister/ https://www.theinfostride.com/less-than-10-of-nigerian-land-properly-documented-says-minister/#respond Wed, 23 Jul 2025 22:50:40 +0000 https://www.theinfostride.com/?p=406203 Nigeria’s Minister of Housing and Urban Development has revealed that less than 10% of the country’s land is properly documented, highlighting a major challenge in land administration and ownership rights. The lack of proper records has contributed to disputes, illegal land grabbing, and difficulties in securing bank loans using land as collateral. According to the [...]

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]]> https://www.theinfostride.com/less-than-10-of-nigerian-land-properly-documented-says-minister/feed/ 0 Do Proper Findings Before Renting A House In Nigeria – Small Doctor https://www.theinfostride.com/do-proper-findings-before-renting-a-house-in-nigeria-small-doctor/ https://www.theinfostride.com/do-proper-findings-before-renting-a-house-in-nigeria-small-doctor/#comments Tue, 15 Jul 2025 09:00:47 +0000 https://www.theinfostride.com/?p=462074 Popular singer Small Doctor has come out to recount a scary experience he once had in a haunted house. He recently shared his story via his X account, and Nigerians have been reacting. According to him, even though the house looked perfect on the outside, his life completely fell apart the moment he started living [...]

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]]> https://www.theinfostride.com/do-proper-findings-before-renting-a-house-in-nigeria-small-doctor/feed/ 1 Report reveals investors now control more than 40 percent of residential properties in Lagos https://www.theinfostride.com/report-reveals-investors-now-control-more-than-40-percent-of-residential-properties-in-lagos/ https://www.theinfostride.com/report-reveals-investors-now-control-more-than-40-percent-of-residential-properties-in-lagos/#respond Sun, 13 Jul 2025 12:55:04 +0000 https://www.theinfostride.com/?p=461835 A new report on the Lagos housing market has revealed that investors now own over 40 percent of homes across Nigeria’s commercial capital, a trend that experts say is reshaping the dynamics of real estate ownership in the city. The findings, which have sparked debate within the real estate and urban planning communities, highlight growing [...]

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]]> https://www.theinfostride.com/report-reveals-investors-now-control-more-than-40-percent-of-residential-properties-in-lagos/feed/ 0 Real Estate Firm Allocates Plots to Tackle Housing Shortage https://www.theinfostride.com/real-estate-firm-allocates-plots-to-tackle-housing-shortage/ https://www.theinfostride.com/real-estate-firm-allocates-plots-to-tackle-housing-shortage/#respond Sun, 11 May 2025 19:29:17 +0000 https://www.theinfostride.com/?p=410220 In a strategic move to address Nigeria’s housing deficit, a prominent real estate company has completed the allocation of residential plots to investors. The initiative, part of the firm’s broader commitment to expanding affordable housing, aims to provide more Nigerians with access to land ownership and contribute to reducing the nation’s housing shortfall. The allocated [...]

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]]> https://www.theinfostride.com/real-estate-firm-allocates-plots-to-tackle-housing-shortage/feed/ 0 Nigeria’s Real Estate Market to Reach $2.25 Trillion in 2025 – FG https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/ https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/#respond Wed, 29 Jan 2025 14:39:33 +0000 https://www.theinfostride.com/?p=401929 The Federal Government has projected that Nigeria’s real estate sector will grow to an estimated value of $2.25 trillion by 2025, driven by increasing urbanization, infrastructure development, and rising demand for housing and commercial spaces. The Minister of Housing and Urban Development, Ahmed Dangiwa, made this announcement while addressing industry stakeholders in Abuja. He emphasized [...]

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]]> https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/feed/ 0 There is a 2.3 million housing gap in Lagos – Lagos State Housing Commissioner https://www.theinfostride.com/there-is-a-2-3-million-housing-gap-in-lagos-lagos-state-housing-commissioner/ https://www.theinfostride.com/there-is-a-2-3-million-housing-gap-in-lagos-lagos-state-housing-commissioner/#respond Thu, 27 Jun 2024 10:45:27 +0000 https://www.theinfostride.com/?p=381634 Lagos State has a housing gap of about 2.3 million houses, according to Honourable Moruf Akinderu-Fatai, the Lagos State Commissioner for Housing, who spoke at the Stanbic IBTC Home Ownership Summit on June 25, 2024. Moruf Akinderu-Fatai, was represented at the summit by the permanent secretary of the Lagos State Ministry of Housing, Engineer Abdulhafiz Gbolahan Toriola. [...]

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]]> https://www.theinfostride.com/there-is-a-2-3-million-housing-gap-in-lagos-lagos-state-housing-commissioner/feed/ 0 “Strategic policies, innovation, technology is key to harnessing real estate’s potential”- Obinna Onunkwo https://www.theinfostride.com/strategic-policies-innovation-technology-is-key-to-harnessing-real-estates-potential-obinna-onunkwo/ https://www.theinfostride.com/strategic-policies-innovation-technology-is-key-to-harnessing-real-estates-potential-obinna-onunkwo/#respond Sun, 24 Mar 2024 09:54:25 +0000 https://www.theinfostride.com/?p=373936 The founding Managing Partner and Deputy CEO at Purple Real Estate Company, Mr Obinna Onunkwo, has said that the multifaceted challenges and opportunities within the real estate sector call for strategic policy interventions, innovative financial products, and technological adoption to harness its full potential. He noted this during Nairametrics’ recently held Real Estate Outlook event themed: “How [...]

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]]> https://www.theinfostride.com/strategic-policies-innovation-technology-is-key-to-harnessing-real-estates-potential-obinna-onunkwo/feed/ 0 Stakeholders canvass housing budget review https://www.theinfostride.com/stakeholders-canvass-housing-budget-review/ https://www.theinfostride.com/stakeholders-canvass-housing-budget-review/#respond Mon, 18 Mar 2024 19:31:43 +0000 https://www.theinfostride.com/?p=373407 Stakeholders in the housing sector have called for a review of the 2024 housing budget to meet up with current realities. In an exclusive interview with The Infostride News, the Executive Secretary of the Association of Housing Corporation of Nigeria said the review of the 2024 budget projection was inevitable. He said, “Between January and now, [...]

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]]> https://www.theinfostride.com/stakeholders-canvass-housing-budget-review/feed/ 0 Signs of a Comeback in the Abuja Real Estate Market https://www.theinfostride.com/signs-of-a-comeback-in-the-abuja-real-estate-market/ https://www.theinfostride.com/signs-of-a-comeback-in-the-abuja-real-estate-market/#respond Wed, 24 Jan 2024 18:22:54 +0000 https://www.theinfostride.com/?p=368434 The Abuja real estate market has long been a barometer of economic activity and investment trends. Recent indicators suggest a potential resurgence in the market after a period of relative stagnation. Here are four signs pointing towards a comeback: 1. Increased Transaction Volume: Observations reveal a notable uptick in real estate transactions in Abuja. The [...]

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]]> https://www.theinfostride.com/signs-of-a-comeback-in-the-abuja-real-estate-market/feed/ 0 LASRERA and EFCC Forge Alliance to Combat Real Estate Fraud https://www.theinfostride.com/lasrera-and-efcc-forge-alliance-to-combat-real-estate-fraud/ https://www.theinfostride.com/lasrera-and-efcc-forge-alliance-to-combat-real-estate-fraud/#respond Tue, 16 Jan 2024 12:17:39 +0000 https://www.theinfostride.com/?p=367552 In a collaborative effort to tackle real estate fraud, the Lagos State Real Estate Regulatory Authority (LASRERA) has joined forces with the Economic and Financial Crimes Commission (EFCC). This strategic partnership aims to enhance the regulatory framework in the real estate sector and curb fraudulent activities that may undermine the integrity of property transactions. **Key [...]

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]]> https://www.theinfostride.com/lasrera-and-efcc-forge-alliance-to-combat-real-estate-fraud/feed/ 0 Real estate, not oil, should be Nigeria’s economic cornerstone – Ugodre https://www.theinfostride.com/real-estate-not-oil-should-be-nigerias-economic-cornerstone-ugodre/ https://www.theinfostride.com/real-estate-not-oil-should-be-nigerias-economic-cornerstone-ugodre/#respond Sat, 28 Oct 2023 19:08:07 +0000 https://www.theinfostride.com/?p=358582 Mr. Ugodre Obi-Chukwu, the founder of InfoStride News, recently emphasized the pivotal role of the real estate sector in Nigeria’s economic growth during his participation as a guest speaker at the Real Estate Nexus Conference (1.0). The conference featured a discussion on the “Forecast for Real Estate Financing in Nigeria,” and Mr. Ugodre shared his [...]

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]]> https://www.theinfostride.com/real-estate-not-oil-should-be-nigerias-economic-cornerstone-ugodre/feed/ 0 Assessing African Real Estate in 2023: Rates and Policy Impact https://www.theinfostride.com/assessing-african-real-estate-in-2023-rates-and-policy-impact/ https://www.theinfostride.com/assessing-african-real-estate-in-2023-rates-and-policy-impact/#respond Sat, 21 Oct 2023 21:50:06 +0000 https://www.theinfostride.com/?p=357886 New policies in Nigeria, Kenya, and Egypt are having a substantial impact on businesses across these countries, with changes including the removal of fuel subsidies and tax increases. Elevated benchmark interest rates in Kenya, Nigeria, Ghana, and Egypt are increasing the cost of capital, which is affecting the real estate markets. The removal of fuel [...]

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]]> https://www.theinfostride.com/assessing-african-real-estate-in-2023-rates-and-policy-impact/feed/ 0 EFCC warns against Money Laundering among Real Estate Operators https://www.theinfostride.com/efcc-warns-against-money-laundering-among-real-estate-operators/ https://www.theinfostride.com/efcc-warns-against-money-laundering-among-real-estate-operators/#respond Sat, 01 Jul 2023 10:27:57 +0000 https://www.theinfostride.com/?p=349891 The Economic and Financial Crimes Commission (EFCC) has called upon real estate operators in Lagos to prioritise due diligence on their customers as a means to combat the issues of money laundering and terrorist financing in the country. Michael T. Wetkas, the Lagos Zonal Commander of the EFCC, delivered this charge during a sensitization workshop [...]

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]]> https://www.theinfostride.com/efcc-warns-against-money-laundering-among-real-estate-operators/feed/ 0 I’m Almost Losing My Patience With A Nigerian Real Estate Company – Basketmouth https://www.theinfostride.com/im-almost-losing-my-patience-with-a-nigerian-real-estate-company-basketmouth/ https://www.theinfostride.com/im-almost-losing-my-patience-with-a-nigerian-real-estate-company-basketmouth/#respond Sat, 27 Aug 2022 22:10:37 +0000 https://www.theinfostride.com/?p=331418 Popular comedian, Basketmouth has come out to blast a real estate company for allegedly failing to refund his N32 million or giving him the house he made a down payment for 14 years ago. He recently had his say via his social media page, and Nigerians have been reacting. According to him, after making the [...]

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]]> https://www.theinfostride.com/im-almost-losing-my-patience-with-a-nigerian-real-estate-company-basketmouth/feed/ 0 Properties you should invest in now https://www.theinfostride.com/properties-you-should-invest-in-now/ https://www.theinfostride.com/properties-you-should-invest-in-now/#respond Tue, 12 Oct 2021 19:05:01 +0000 https://www.theinfostride.com/?p=310212 The year has already been plagued with high inflation and insecurity, which have amounted to a shaky business environment. This is in addition to the aftermath of the lockdown due to the pandemic. Investors are increasingly wary as they navigate these turbulent waters, seeking more stable ground to secure their financial futures. Lastly, do not [...]

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]]> https://www.theinfostride.com/properties-you-should-invest-in-now/feed/ 0 My Home Is Not The Same Without My Wife – Kennedy Okonkwo https://www.theinfostride.com/my-home-is-not-the-same-without-my-wife-kennedy-okonkwo/ https://www.theinfostride.com/my-home-is-not-the-same-without-my-wife-kennedy-okonkwo/#respond Sat, 11 Sep 2021 00:14:09 +0000 https://www.theinfostride.com/?p=307752 Real estate mogul, Kennedy Okonkwo has come out to hail his wife, Ichechi, and mother of his children. He recently had his say via his social media page, and Nigerians have been reacting. According to him, he is absolutely happy with his woman and she is key when it comes to the running of their [...]

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]]> https://www.theinfostride.com/my-home-is-not-the-same-without-my-wife-kennedy-okonkwo/feed/ 0 MPC urged to maintain status quo amid inflation, fragile economy https://www.theinfostride.com/mpc-urged-to-maintain-status-quo-amid-inflation-fragile-economy/ https://www.theinfostride.com/mpc-urged-to-maintain-status-quo-amid-inflation-fragile-economy/#respond Tue, 27 Jul 2021 19:28:45 +0000 https://www.theinfostride.com/?p=302216 Economy. Photo/financialexpress As the Monetary Policy Committee (MPC) meets, experts have called on the Central Bank of Nigeria (CBN) to keep monetary policy rates at current values while strengthening intervention initiatives in critical sectors of the economy. According to experts, maintaining the status quo and strengthening intervention initiatives would be the most expedient decision to [...]

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]]> https://www.theinfostride.com/mpc-urged-to-maintain-status-quo-amid-inflation-fragile-economy/feed/ 0 Nigeria hosts 2017 WAPI Summit: The Next Chapter for West African Real Estate https://www.theinfostride.com/nigeria-hosts-2017-wapi-summit-the-next-chapter-for-west-african-real-estate/ Mon, 11 Sep 2017 14:29:19 +0000 http://www.theinfostride.com/?p=181675 The Next Chapter for West African Real Estate summit is set hold in Nigeria later this month. Nigeria has faced strong headwinds in the past two years however, the currency uncertainty and falling oil price and production that have weighed heavily on consumer confidence are giving way The Nigerian real estate sector is turning the corner [...]

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]]> Jim Iyke Now Into Real Estate Business https://www.theinfostride.com/jim-iyke-now-into-real-estate-business/ Thu, 11 May 2017 04:13:43 +0000 http://www.theinfostride.com/?p=164228 Nollywood actor, Jim Iyke is taking a new business move and this time it’s real estate. The popular actor who delved into manufacturing business called Burgeon Global a few years back is now plotting to expand into real estate business and services. Jim Iyke took to his Instagram page, on May 6, 2017, to announce [...]

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]]> Chika Ike Invests In Real Estate https://www.theinfostride.com/chika-ike-invests-in-real-estate/ Fri, 10 Feb 2017 16:37:45 +0000 http://www.theinfostride.com/?p=156182 Nollywood actress and producer Chika Ike is quite busy with her real estate investment. The star shared photos of herself on inspection of her site. “Whatever you set your mind to do can be achieved with hard work, prayer and determination. #realestate #entrepreneur #workhard #worksmart,” she wrote alongside a photo. According to her, “These past [...]

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]]> Governor Ambode Remove Seal On Horizon Estate 2 https://www.theinfostride.com/governor-ambode-remove-seal-on-horizon-estate-2/ Mon, 25 Apr 2016 02:01:09 +0000 http://www.theinfostride.com/?p=126625 Governor Akinwunmi Ambode has reportedly unsealed the Horizon Estate 2 following the freedom of the MD of Lekki Gardens, Robert Nyong and his contractor, Taiwo Odofin. Multiple reports claimed the governor made this move after some residents took to the streets to appeal to the governor to rescind on his decision.

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]]> Genevieve Nnaji Moving Into Real Estate Business? https://www.theinfostride.com/genevieve-nnaji-moving-into-real-estate-business/ Wed, 06 Jan 2016 14:32:29 +0000 http://www.theinfostride.com/?p=117389 Nollywood super actress Genevieve Nnaji is regarded as one of the richest celebrities in Nigeria. She is regarded as a multi-millionaire raking in huge sums of money from acting and endorsements. Now it seems Genevieve Nnaji is about to diversify into another business- real estate. Today (January 6), the 36 year old actress shared a [...]

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]]> Petrol Subsidy, Population, Rise In The Price Of Real Estate Increase Nigeria’s Mileage By 22.8% https://www.theinfostride.com/petrol-subsidy-population-rise-in-the-price-of-real-estate-increase-nigerias-mileage-by-22-8/ Thu, 26 Nov 2015 11:58:26 +0000 http://www.theinfostride.com/?p=109046 Lagos Places Nigeria on Top of Global Mileage Ranking At present, Nigeria a country dependent on crude oil is experiencing a shortage of the product called petrol which has affected the daily activities of commuters. Even with the scarcity of petrol, Nigeria still comes on top in the average mileage ranking. The Carmudi team compared average country mileage [...]

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]]> Press Release: Global DMS Puts the Value in "Valuation" With Fast Customer Service From NewVoiceMedia https://www.theinfostride.com/press-release-global-dms-puts-the-value-in-valuation-with-fast-customer-service-from-newvoicemedia/ Wed, 19 Aug 2015 08:00:00 +0000 http://www.theinfostride.com/2015/08/press-release-global-dms-puts-the-value-in-valuation-with-fast-customer-service-from-newvoicemedia/ SAN FRANCISCO, CA–(Marketwired – Aug 19, 2015) – NewVoiceMedia, a global provider of cloud technology which helps businesses sell more, serve better and grow faster, today announced that Global DMS, a leading provider of web-based, compliant real estate valuation software, has chosen its ContactWorld for Service solution to enhance its B2B sales and customer support [...]

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]]> MoboFree Launches Affiliate Program and Gives Money and Free Traffic as Reward for Website Owners https://www.theinfostride.com/mobofree-launches-affiliate-program-and-gives-money-and-free-traffic-as-reward-for-website-owners/ Mon, 23 Jun 2014 19:19:20 +0000 http://www.theinfostride.com/?p=49581 MoboFree, a social marketplace where classified ads meet social networking, has just launched its affiliate program. Affiliates who join the program (http://affiliate.mobofree.com/signup.php) will receive up to 50 Nigerian Naira commission for each new user joining MoboFree. In addition, the top affiliate each month will receive free advertising by MoboFree worth over 150,000 Nigerian Naira. “Most [...]

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]]> Hidden in Plain Sight: the European Court of Justice Opts for Scattergun Censorship https://www.theinfostride.com/hidden-in-plain-sight-the-european-court-of-justice-opts-for-scattergun-censorship/ Thu, 15 May 2014 05:20:48 +0000 http://www.theinfostride.com/2014/05/hidden-in-plain-sight-the-european-court-of-justice-opts-for-scattergun-censorship/ The European Court of Justice has been taking a stronger role this year in calculating how human rights apply to new technology, most recently with decisions repealing the EU’s digital data retention directive. Now, in Google Spain v. Mario Costeja González, it has outlined how Europeans might have public information about them deleted from search [...]

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]]> Los Angeles Clippers owner Sterling banned for life over race comments https://www.theinfostride.com/los-angeles-clippers-owner-sterling-banned-for-life-over-race-comments/ Tue, 29 Apr 2014 20:31:22 +0000 http://www.theinfostride.com/?p=39286 The NBA on Tuesday banned Los Angeles Clippers owner Donald Sterling from professional basketball for life over racist comments that the league's commissioner dubbed "deeply offensive and harmful." Sterling, an 80-year-old real estate tycoon who bought…

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]]> BlackBerry sells its Canadian properties https://www.theinfostride.com/blackberry-sells-its-canadian-properties/ Fri, 21 Mar 2014 16:06:25 +0000 http://www.theinfostride.com/?p=29925 Struggling smartphone maker BlackBerry said Friday it is selling most of its Canadian real estate holdings, and will lease back some space after the sale. A buyer was not identified, but the Waterloo, Canada-based company said the deal includes three…

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