Latest Real Estate News in Nigeria
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African Development Bank Confirms ₦1.45bn Compensation to Ekiti Knowledge Zone Residents
AfDB has verified ₦1.45bn compensation to 195 residents affected by the Ekiti Knowledge Zone project, ensuring transparency ahead of the infrastructure development phase.
House of Representatives to Investigate ₦20 Trillion Worth of Abandoned Federal Properties Nationwide
The House of Representatives has initiated a comprehensive investigation into more than 11,800 abandoned federal government properties across Nigeria, estimated to be worth over ₦20 trillion.
Enugu State Government Launches Digital Survey System to Strengthen Land Governance and Curb Fraud
Enugu State introduces a digital survey system to curb land grabbing, improve transparency, and attract investment in land administration.
Lagos Housing Ministry Partners with Local Government Staff Board to Boost Home Ownership
Lagos State partners with the Local Government Staff Housing Board to expand affordable housing and strengthen welfare for public sector workers.
The Federal Government of Nigeria Opens ₦1 Trillion Housing Investment Fund to Retail Investors
The Federal Government of Nigeria has expanded access to its ₦1 trillion Ministry of Finance Real Estate Investment Fund (MREIF), enabling retail investors to participate alongside institutional players in one of the country’s most ambitious housing initiatives to date.
The Federal Government Unveils Integrated Economic Strategy to Tame Inflation and Boost Growth
The Federal Government, in partnership with the Central Bank of Nigeria (CBN), has introduced a comprehensive economic framework aimed at reducing inflation, accelerating growth, and doubling household incomes.
The Federal Government has listed ₦1 Trillion MREIF on NGX to Expand Private Capital Access for Affordable Housing
The Federal Government has listed the commercial tranche of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) on the Nigerian Exchange Group in Lagos, strengthening its strategy to mobilise private capital for affordable housing and deepen Nigeria’s financial markets.
Edo State Governor Revokes MOWAA’s Certificate of Occupancy to Restore Site for Central Hospital
Governor Monday Okpebholo has annulled the Certificate of Occupancy previously granted to the Museum of West African Art (MOWAA) by the former administration of Godwin Obaseki
Nigeria Records Significant Improvement in FX Access Ranking After Reforms
Nigeria has achieved a 15-place jump to rank fourth among African economies in the Absa Africa Financial Markets Index 2025, signalling a marked improvement in foreign exchange