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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Nigeria’s Inflation Slows to 14.45% in November 2025, Signalling Moderation in Price Pressures
Nigeria’s headline inflation fell to 14.45% in November 2025 from 16.05% in October, reflecting easing price pressures in urban and rural areas. NBS data highlights progress toward stabilising the economy.
Proposed Tenancy Law Criminalises Illegal Evictions, Strengthens Tenant Protections in Lagos State
The Lagos Tenancy and Recovery of Premises Bill 2025 introduces court-mandated eviction processes, penalises landlord harassment, and enhances tenant protections, marking a major reform in Lagos’s rental housing market.
FRC Calls on Estate Surveyors to Uphold Integrity and Drive Value in Nigeria’s Real Estate Sector
The Financial Reporting Council (FRC) calls on estate surveyors and valuers to maintain high standards of integrity, professionalism, and value creation, highlighting their crucial role in Nigeria’s real estate development, investor confidence, and national infrastructure growth.
Estate Surveyors Positioned to Drive Nigeria’s Infrastructure Investment Through PPPs
Nigeria’s estate surveyors and valuers are being called on to leverage the Public-Private Partnership framework to address the nation’s $878 billion infrastructure deficit, ensuring efficient project valuation, risk assessment, and sustainable development.
President Tinubu Approves Significant Increase in Code of Conduct Bureau Budget to Strengthen Transparency
President Tinubu increases the Code of Conduct Bureau budget to N20 billion to upgrade Nigeria’s asset declaration system, enhance verification, and strengthen public accountability.
Nigeria’s Unpaid Contractors Spotlight Fiscal Management Challenges Amid Revenue Growth
Peter Obi warns that delayed payments to local contractors threaten SMEs and economic growth, highlighting transparency and fiscal management challenges in Nigeria.
TAF Global Delivers 1,000 Affordable Housing Units Ahead of Rivers State Commissioning
TAF Global, Affordable Housing Company of the Year 2025, completes 1,000 units in Rivers State ahead of commissioning by Governor Fubara, advancing affordable housing delivery.
Ekiti Launches Commercial Operations at N49.7 Billion Agro-Allied International Cargo Airport
Ekiti State inaugurates the Agro-Allied International Cargo Airport after N49.7 billion investment, boosting aviation, trade, and regional economic growth.
Housing Sector Leaders Push Zero-Tolerance Framework as Africa’s Housing Deficit Deepens
Housing leaders call for stricter regulation and zero tolerance for fraud as Africa faces a 50-million-unit housing deficit and a $1.4 trillion finance gap.
Cost Inflation and Coordination Gaps Put Nigeria’s Detty December Tourism at Risk
Nigeria’s Detty December tourism economy is under pressure from rising costs, weak coordination, and uneven service delivery, raising concerns about long-term sustainability and competitiveness.