Nigeria’s real estate sector hits ₦41.3 trillion, driven by urbanisation and housing demand, presenting lucrative opportunities for investors and structured market participants including REITs.

REDAN President Akintoye Adeoye outlines the need for regulatory, systemic, and technological reforms to tackle fraudulent real estate practices, protect diaspora investments, and strengthen Nigeria’s housing sector.

The Nigeria Insurance Industry Reform Act 2025 mandates compulsory insurance for real estate assets, boosting investor confidence, improving asset protection, and professionalising property valuation across the sector.

The Federal Capital Territory Administration has started enforcement against 1,095 property owners in Abuja for failing to pay ground rent and other land charges, with possible penalties including repossession and sealing of properties.

Nigerian banks are increasingly treating land and property as high-risk collateral due to title disputes, regulatory enforcement, and valuation challenges. Learn how this impacts lending, housing finance, and real estate investment.