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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Real Estate Remains a Key Driver of Nigeria’s Economic Growth
Banana Island Land Prices Soar 540% to ₦3.05 Million Per Square Meter
Nigeria Faces Potential Public Resistance as New Tax Regime Begins Implementation in 2026
Nigeria’s new tax framework takes effect in 2026, consolidating over 60 levies and expanding the tax base. Analysts warn of possible protests as households and businesses adjust, while digitalisation and enforcement aim to stabilise compliance.
FEC Approves ₦58.47tn 2026 Budget, Revises FX Assumption to ₦1,400/$
Nigeria’s Federal Executive Council has approved a ₦58.47 trillion 2026 budget, alongside a revised MTEF exchange rate of ₦1,400/$1, signalling a shift toward non-oil revenue and fiscal consolidation.
2025 Demolitions in Lagos: What Really Happened
Federal Government Pushes Consolidated Fiscal Plan Amid 2026 Budget Uncertainties
The Federal Government seeks National Assembly approval for a combined ₦43.56 trillion 2024–2025 budget to address revenue shortfalls and fiscal complexity, raising questions over the timing and implementation of the 2026 budget.
NCAA Authorises Resumption of Scheduled Flights at Ibadan Airport Following Major Upgrades
The resumption of scheduled flights at Ibadan Airport represents a significant milestone for Nigeria’s domestic aviation sector. By combining infrastructural upgrades with regulatory compliance, Oyo State has positioned the airport as a safe, efficient, and commercially viable hub, with potential long-term benefits for regional development and connectivity.