This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
The Benue State Government has launched the construction of a 1,080-unit housing estate in Makurdi, a project designed to reduce the city’s housing deficit and provide more affordable accommodation options.
LAGOS
Lagos State has pledged to issue planning permits within 10 working days once applicants meet all requirements, in a move aimed at improving efficiency and restoring investor confidence in the state’s real estate sector.
ABUJA
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has officially inaugurated the 5.4-kilometre Karu dual carriageway
World News
All News
FESTAC Renewal Begins as FHA Launches Major Infrastructure Projects
The Federal Housing Authority (FHA) has commenced large-scale rehabilitation works in FESTAC Town, signalling the beginning of a long-anticipated regeneration programme aimed at restoring one of Lagos’s most iconic housing estates.
Lagos Evictions Displace Over 30,000 Residents, Drawing Rights Concerns
More than 30,000 residents of Oworoshoki in Lagos have been displaced following large-scale demolitions by state authorities
FIABCI Advocates Adoption of Global Standards to Address Building Collapse in Nigeria
The International Real Estate Federation (FIABCI) has urged Nigeria to adopt proven international construction models and regulatory framework.
Lagos Government to Regulate Beach Houses in Ibeshe and Ilashe Coastal Corridor
Lagos State has announced plans to regulate the growing number of beach houses and hospitality developments along the Ibeshe–Ilashe coastal corridor, citing environmental, safety, and land-use concerns.
Lagos Reviews Tenancy Law to Address Rent Demands and Agency Fees
Lagos State Government has revised its tenancy regulations in a bid to curb rising rent demands, multiple agency charges, and other practices burdening tenants across the state.
Lagos State Government to Add Nearly 95,000 sqm of Premium Office Space by 2027 Across 10 Projects
Lagos is gearing up for a significant expansion in its commercial real estate sector. According to the latest data, approximately 94,931 square meters of premium office space.
Lagos Rental Market Stalls at 1.38 Million Households Despite Soaring Population Growth
A new report has revealed that the number of households renting homes in Lagos has remained flat at about 1.38 million since 2016, even as the city’s population and total households have continued to grow.
Lagos State Declares 176 Estates Illegal Over Lack of Approvals
Lagos State Government has blacklisted 176 estates across Ibeju-Lekki, Epe, Eti-Osa, and Ajah for operating without layout approvals. See the full list of affected estates.
Eko Atlantic Land Prices Soar Past ₦2 Billion — A New Peak in Lagos Real Estate
Lagos’ luxury real estate market has reached a historic milestone, with land prices in Eko Atlantic now exceeding ₦2 billion per plot.
