Latest Real Estate News in Nigeria
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United States Government Tightens Entry Rules for Nigerians, Citing Security and Visa Compliance Risks
The United States has introduced new visa restrictions affecting Nigerian travellers, citing security vetting challenges and visa overstay rates. The policy shift has implications for mobility, education, business travel, and bilateral relations.
Structural Deficiencies Affect Over 15 Million Homes, Federal Government Warns
Nigeria’s Housing Minister says 15.2 million homes fail basic safety and habitability standards, prompting a data-driven policy shift toward housing upgrades, neighbourhood renewal, and improved infrastructure delivery.
Makinde Reaffirms Infrastructure-Led Growth Strategy as Oyo Advances Economic Development Agenda
Governor Seyi Makinde reaffirms Oyo State government’s commitment to delivering critical infrastructure, including inner roads and Oluyole Industrial Estate projects, aimed at stimulating economic growth and improving residents’ quality of life.
Fubara Commissions TAF Global Estate as Legal Disputes Test Governance and Housing Confidence in Rivers State
Rivers State Governor Siminalayi Fubara commissions the TAF Global Estate in Port Harcourt despite ongoing legal disputes, highlighting tensions between housing development, due process, and investor confidence.
CORBON Inducts 436 Builders, Reaffirms Zero Tolerance for Unethical Construction Practices
The Council of Registered Builders of Nigeria inducts 436 new professionals, warning against unethical practices and reinforcing safety, accountability, and regulatory compliance in the construction sector.
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.