{
  "id": 4452163,
  "title": "AXP Unveils New Model to Address Nigeria’s Housing Deficit",
  "url": "https://urgent.news/2026/08/30/axp-unveils-new-model-to-address-nigerias-housing-deficit",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-30T15:25:37.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/08/30/axp-unveils-new-model-to-address-nigerias-housing-deficit/"
  },
  "original_language": "en",
  "account": "AXP Africa Limited has introduced a novel housing model aimed at tackling Nigeria's housing deficit. The innovative model was unveiled in Lagos during the company's sixth-anniversary event, held on Thursday at the Civic Centre, Victoria Island. The new strategy unites diverse stakeholders - housing finance, technology, policy, and partnerships - to streamline homeownership. AXP plans to bolster mortgage facilitation services, expedite National Housing Fund processing, and create a corporate homeownership track connecting employers with developers and mortgage banks.\n\nThe event also signified the company's transition from AXP Solutions Pro Limited to AXP Africa Limited, marking a shift from real estate advisory to a broader housing platform. Since its inception, AXP has assisted over 300 prospective homeowners by offering real estate advisory services and facilitating mortgage applications in collaboration with developers and financial institutions. Hakeem Sadiku, Head of Enterprise Strategy, PMO & Transformation at AXP Africa Limited, attributed the company's experience to the foundation of its next phase. He emphasized the urgency required to address Nigeria's housing deficit, stating that technology, a corporate track, and stakeholder collaboration are vital. While Nigeria remains the primary focus, AXP intends to adapt the model to other African markets grappling with similar housing finance and delivery challenges.",
  "summary": "AXP Africa Limited has unveiled a new housing model that brings developers, mortgage banks, employers, and other stakeholders into a coordinated process for homeownership, as it seeks to address Nigeria’s",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}