This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
Cross River lawmakers move to regulate rent and curb exploitative housing practices as residents face surging accommodation costs in Calabar.
LAGOS
The Lagos State Government has secured 4,000 hectares for the Ibeju-Lekki Airport project. The Nigeria Civil Aviation Authority (NCAA) has reaffirmed support, urging compliance with regulatory and safety standards before construction begins.
ABUJA
Minister Nyesom Wike announces that by 2027, every FCT High Court judge will have official housing, marking a new phase in Nigeria’s judicial welfare and infrastructure reform.
World News
All News
NIESV Advocates Reforms to Strengthen Ethics and Restore Trust in Nigeria’s Real Estate Sector
Real estate professionals have called for comprehensive reforms to rebuild public confidence, enhance ethical standards, and align Nigeria’s property market with international best practices.
Lagos State Government Denies Involvement in FESTAC Demolitions, Reaffirms Commitment to Due Process
The Lagos State Government has denied involvement in the recent demolition of properties in FESTAC Town, clarifying that it neither authorised nor supervised the operation, which has drawn public criticism and confusion.
Lagos State Government Demolishes 39 Illegal Buildings in Ikota Estate to Tackle Flooding and Setback Violations
The Lagos State Government has commenced the demolition of 39 buildings in Ikota Estate, Eti-Osa Local Government Area, following the expiration of a quit notice issued to property owners who encroached on drainage setbacks.
Eko Paragon to Deliver 105 Luxury Homes Within a Year, Setting New Standards in Lagos State Real Estate
AceRoyal Estates Homes has announced steady progress on its flagship project, Eko Paragon, a luxury residential development in the Abijo Government Reserved Area (GRA) of Lagos, with 105 premium housing units scheduled for delivery within the next 12 months.
Lagos State Government Demolishes 17 Illegal Building Structures in Lekki to Reclaim Waterways and Curb Flooding
Stop-work and seal orders were issued to developers at Partibons Homes Estate and Bee-Forth Estate Phase II, where illegal reclamation and sand-filling activities were ongoing.
Lagos State Government Issues Two-Week Ultimatum to Regularize Unapproved Structures at Trade Fair Complex
The Lagos State Government has issued a two-week ultimatum to developers and occupants of unapproved structures within the Trade Fair Complex, Ojo, directing them to regularise their buildings with the Ministry of Physical Planning and Urban Development.
Lagos State Government Launches Online Platform for Diaspora Property Owners to Resolve Land Use Charge Disputes
The Lagos State Government has introduced an online platform enabling property owners in the Diaspora to resolve Land Use Charge (LUC) complaints remotely between 8 and 28 October 2025. The initiative, implemented through the Land Use Charge Assessment Appeal Tribunal (LUCAAT), is designed to simplify dispute resolution and improve accessibility for Nigerians abroad.
Lagos Issues Traffic Advisory as Six-Week Repair Begins on Adeniji Adele–CMS Corridor
The Lagos State Government has announced a six-week repair of the Adeniji Adele Interchange–CMS corridor, scheduled to commence on Sunday, 12 October 2025.
Lagos Begins Verification Exercise for Oworonshoki Demolition Victims Ahead of Compensation
The Lagos State Building Control Agency (LASBCA) has commenced a verification exercise for residents affected by the recent demolition in Oworonshoki, aimed at identifying legitimate victims and determining eligibility for government compensation.
Lagos Government Intensifies Flood Control Efforts with Demolition of Illegal Structures in Ebute Metta
The Lagos State Government has begun the removal of illegal structures obstructing the Jebba/Kano collector in Ebute Metta, as part of ongoing measures to strengthen the city’s drainage infrastructure and mitigate recurring flooding.