The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over 28 million units.

Lagos is a burgeoning real estate market with varying opportunities and return on investment levels in the different market segments.

UH Real Estate Investment Trust has experienced growth in the Nigerian stock market this March, rising 27% month-to-date to surpass N55, as of market open on the 21st.

THE uncertainty caused by the ongoing tariff war between the United States and some countries have triggered the exit of foreign exchange outflow from Nigeria, prompting a two-week depreciation of the naira. This prompted the Central Bank of Nigeria, CBN, to intervene in the forex market last week, selling up to $500 million, to boost supply. However, the naira still depreciated week-on-week, W/W by N55 to N1,600 per dollar in the parallel market, the lowest in five weeks since February 5.

Nigeria’s homeownership has long faced challenges, with mortgage loans contributing a mere 0.5 percent to the country’s Gross Domestic Product (GDP).

The Lagos State Government allocated N101.6 billion for Housing and Community Amenities in the 2025 budget, reflecting an 81.69% increase compared to the N55.92 billion allocation in 2024.

Banks are loading their ATMs with cash as they commenced charging N100 for transactions on March 1.

The Federal Government, through the Federal Ministry of Water Resources and Sanitation, has commenced the N80 billion reconstruction and upgrade of the Alau Dam in Borno State.

Nigeria’s real estate sector is gaining significant momentum as reflected in the rebased gross domestic product (GDP) where it emerged as the third largest sector in the Nigerian economy.

The Nigerian stock market has recorded a downturn performance, closing lower in three of the five trading sessions last week, as investors reacted to the previous week’s lower-than-expected inflation data, which triggered a selloff in banking stocks.