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More than 20,000 housing units have been allocated through the Lagos Home Ownership Mortgage Scheme (LagosHOMS) since its inception, highlighting the role of state-backed housing finance in expanding access to homeownership in Lagos. The figure was disclosed by the Lagos State Mortgage Board, which oversees the scheme and provides mortgage and rent-to-own pathways for residents seeking to purchase homes.
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LagosHOMS Allocates Over 20,000 Housing Units Since Inception - Mortgage Board
The Lagos State Mortgage Board, which oversees the Lagos Home Ownership Mortgage Scheme (LagosHOMS), has allocated more than 20,000 housing units since the scheme began, according to the board’s management.
Global Real Estate Report Challenges Nigeria to Unlock $2.6tn Market Potential
Nigeria's real estate market, valued at about $2.6 trillion at the end of 2025, has significant room for further expansion, but the country must strengthen regulation, land administration, planning and investor confidence to unlock the sector's potential.
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REDAN Urges Developers to End Silo Operations, Embrace Collaboration
The Real Estate Developers Association of Nigeria (REDAN) has urged property developers across the country to move away from isolated operations and strengthen collaboration to improve the performance of the real estate industry.
CBN Cuts Treasury Bills Yield Below 17% to Lowest Level Since June
The Central Bank of Nigeria (CBN) has cut the stop rate on the one-year Treasury Bill to 16.84%, taking the yield below 17% and to its lowest level since the June 3, 2026 auction.
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Dangote Cement Courts London Investors Ahead of Proposed LSE Listing
Dangote Cement Plc will host a Capital Markets Day in London on September 21, 2026, as the company moves forward with plans for a proposed secondary listing on the London Stock Exchange (LSE).
U.S.-Nigeria Collaboration Could Close Startup Funding and Infrastructure Gaps
Stronger collaboration between Nigerian innovators and American investors could help address funding and infrastructure gaps affecting the country's technology ecosystem, U.S. Consul General Brandon Hudspeth has said.
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