Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Nigeria’s Federal Executive Council has approved a ₦58.47 trillion 2026 budget, alongside a revised MTEF exchange rate of ₦1,400/$1, signalling a shift toward non-oil revenue and fiscal consolidation.
LAGOS
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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Benue Government Unveils ₦605.5bn 2026 Budget Proposal
Governor Alia has presented Benue State’s ₦605.5bn 2026 budget, with strong focus on infrastructure, rural development, and housing-enabling projects.
Oyo Approves ₦892bn 2026 Budget With Strong Infrastructure Focus
Governor Makinde has signed Oyo State’s ₦892bn 2026 budget into law, with strong focus on infrastructure spending that could boost housing and real estate growth.
FCTA Provides Contact Numbers to Report Waste Collection Failures in Abuja
The FCTA has released dedicated phone numbers for Abuja residents to report uncleared refuse, aiming to improve waste collection and sanitation across the city.
FG Confirms December 25, 26 and January 1 as Nationwide Public Holidays
The Federal Government has declared December 25, 26 and January 1, 2026 as public holidays, marking Christmas, Boxing Day and New Year nationwide.
Illegal Sale and Lease of Railway Properties: NRC MD Alerts Public
The NRC Managing Director warns Nigerians against illegal sale and lease of railway properties nationwide, urging strict compliance with property regulations and title verification
Federal Government Takes Over Legacy Estate Land Following Court Judgment
A Federal High Court in Abuja has ordered the final forfeiture of land linked to the Legacy Estate, raising important questions around title security and due diligence.
Imoudu Family Rejects Lagos Land Compensation, Proposes Labour Museum
The Imoudu family and Femi Falana reject Lagos State’s N23 million compensation for Ojuelegba land, advocating for a Michael Imoudu Labour Museum to preserve Nigeria’s labour legacy.
Rivers Governor Highlights Peace as Catalyst for Development During Emohua–Ogbakiri–Egbelu Road Commissioning
Governor Siminalayi Fubara commissions the Emohua–Ogbakiri–Egbelu Road, linking riverine communities to the East–West corridor, and underscores peace as essential for Rivers State’s sustainable development.
Nigerian Army Advances Soldier Welfare with Affordable Housing Initiative in Ibadan
The Nigerian Army commissions a 60-unit AHOOAS housing estate and PHDL shopping complex in Ibadan, enhancing troop welfare and post-service stability with affordable housing and economic support initiatives.
Analysts See Scope for Naira Recovery Toward ₦1,350/$ by 2026 as FX Fundamentals Improve
Nigeria’s naira could strengthen further by 2026 as FX reforms, improved capital inflows, and policy discipline support currency stability, according to market analysts.