NSE flags off joint venture housing project with Lagos, other partners

The Nigerian Stock Exchange (NSE) has launched a joint venture housing project in collaboration with the Lagos state government and other partners.

The Nigerian Stock Exchange (NSE) has initiated a joint venture aimed at developing housing projects, partnering with the Lagos state government and additional stakeholders. This initiative was flagged off as part of efforts to address housing needs in the region. Details from the announcement highlight the collaborative nature of the project, though specific timelines or scopes remain limited in available reports. The event underscores ongoing public-private partnerships in Nigeria's infrastructure sector, particularly in urban housing development in Lagos.

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Celebratory scene at Nigerian Stock Exchange as market cap reaches N100 trillion milestone.
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Nigerian stock market capitalization hits N100trn on reforms

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The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.

The Federal Ministry of Housing and Urban Development in Nigeria has announced plans to focus on finishing existing projects in 2026.

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The National Agency for Science and Engineering Infrastructure (NASENI) is entering 2026 with a strategic emphasis on building upon its impactful projects, in line with Nigeria's Federal Government Renewed Hope Agenda.

The Federal Government of Nigeria has finalized plans to issue a N1.23 trillion Power Sector Bond to tackle debts owed to power generation companies and stabilize the electricity market. Finance Minister Wale Edun announced this during an investor forum, highlighting its role in a broader N4 trillion debt resolution program. The initiative aims to restore liquidity and investor confidence in the Nigerian Electricity Supply Industry.

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On January 31, 2026, governors from Nigeria's seven north-western states boycotted the stakeholders' summit of the North West Development Commission held in Kaduna, sparking concerns over regional unity. Kaduna's Governor Uba Sani, however, called for collaboration, emphasizing the zone's vast potential in agriculture and commerce.

Zamfara State Governor Dauda Lawal has launched a €5.1 million European Union-funded project to strengthen peace, stability, and resilience in the state during a visit by the EU Ambassador.

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Civil society organisations have strongly criticised the Lagos State Government's eviction of residents from Makoko and nearby areas, calling it a violation of laws and court orders. The action has displaced thousands during a time of economic hardship without providing resettlement. Community leaders had cooperated earlier based on promises of compensation and protection.

 

 

 

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