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.

Nigeria’s 2026 budget framework projects ₦54.43tn spending, ₦15.91tn debt service, and a record ₦20.10tn deficit, raising concerns over fiscal stability.

Nigeria’s economy expanded by 3.98% in Q3 2025, driven by stronger agriculture, industry, and services output. NBS data highlights continued non-oil sector resilience.

A Federal High Court in Abuja has issued a formal contempt warning to the EFCC Chairman for failing to release documents for 27 properties previously seized under an interim forfeiture order. The ruling, delivered on 31 October 2025, affirmed the owners’ claims and directed immediate compliance.

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.

The naira gained in Nigeria’s parallel market, reaching ₦1,470 per US dollar, while official rates saw slight depreciation. Improved liquidity narrows the FX rate gap, enhancing market stability and investor confidence.

Nigeria is advancing urban development with planned communities like Gracefield Island, Orange Island, and Periwinkle Estate. Strategic planning aims to reduce the 28 million housing deficit, create jobs, and stimulate sustainable economic growth across major cities, particularly Lagos.

Governor Peter Mbah presents a record N1.62 trillion 2026 budget for Enugu State, prioritising infrastructure, education, agriculture, and economic growth. Learn about sectoral allocations, development plans, and fiscal strategy.

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.

Kaduna unveils a ₦985.9 billion 2026 budget centred on security improvements, infrastructure expansion, education, agriculture, and grassroots development. The proposal emphasises community participation, capital investment, and continuity of key reforms across the state.