Latest Real Estate News in Nigeria
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The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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Lagos Development Experts Urge Inclusive Urban Renewal to Protect Vulnerable Communities
Experts urge Lagos State to adopt inclusive, socially responsible urban regeneration policies that protect vulnerable communities and support equitable economic growth.
Lagos Tenancy Bill 2025 Seeks to Restructure Rental Market, Strengthen Tenant Protections and Agency Practice
The Lagos Tenancy Bill 2025 proposes major rental market reforms, stronger tenant protections, clearer rules for landlords, and stricter regulation of real estate agents.
Lagos Government Issues Final Compliance Deadline for Unapproved Estate Developments, Warns of Demolition and Penalties
The Lagos State Government has issued a final one-week deadline for estate developers operating without approved layout plans. Defaulters face heavy fines or demolition as the state intensifies enforcement to protect urban planning standards and homebuyers.
Eko Atlantic Tops Lagos Luxury Residential Market with 59.5% Growth, Driven by Scarcity and Premium Amenities
Eko Atlantic tops Lagos’ luxury residential market, achieving 59.5% growth over five years. Learn how scarcity, master-planned infrastructure, and investment incentives drive demand in ultra-prime districts like Ikoyi, Banana Island, and Victoria Island.
Lagos Temporarily Suspends Admiralty Way–Ajah Rehabilitation to Ease Yuletide Traffic Pressures
The Lagos State Government is halting rehabilitation works on the Admiralty Way–Ajah Jubilee Bridge section from December four to reduce yuletide traffic congestion. Construction resumes mid-January 2026 with enhanced traffic management plans.
Governor Sanwo-Olu Commissions Orca Mall, Reinforcing Lagos's Investor-Focused Strategy
NHM analysis on Governor Sanwo-Olu's endorsement of the Orca Mall in Eko Atlantic City. The project signals high-level confidence in Lagos’s real estate development and investor-focused strategy.
Lagos State Governor Proposes Record ₦4.24 Trillion Budget for 2026 Fiscal Year
Governor Babajide Sanwo-Olu has presented a ₦4.237 trillion “Budget of Shared Prosperity” for 2026, outlining major allocations for infrastructure, economic affairs, health, education, and social welfare, with revenue projections of ₦3.993 trillion and a ₦243 billion deficit.
Lagos Government Intensifies Demolition of Illegal Structures in Ikate Elegushi and Lekki–Ikoyi Corridors
The Lagos State Government has launched a new enforcement wave targeting illegal buildings in Ikate Elegushi and the Lekki–Ikoyi corridor. LASBCA, the House of Assembly, and the Office of Urban Development say the demolitions are necessary to protect public safety
Sanwo-Olu Commissions 233 New Housing Units in Eti-Osa, Expands Lagos’ Affordable Housing Pipeline
Lagos State Governor Babajide Sanwo-Olu has commissioned 233 new housing units in the Abraham Adesanya area of Eti-Osa, expanding the state’s affordable housing stock and reinforcing Lagos’ commitment to public–private partnerships, housing accessibility, and timely project delivery.
Governor Sanwo-Olu to Commission 233 New Housing Units at Abraham Adesanya Estate, Ajah
Lagos State Governor Babajide Sanwo-Olu will commission 233 new housing units at Abraham Adesanya Estate, Ajah, delivered through a joint venture with Urban Shelter Ltd. The project strengthens Lagos’ housing supply and supports the state’s broader urban development strategy.