Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Nigeria’s economy expanded by 3.98% in Q3 2025, driven by stronger agriculture, industry, and services output. NBS data highlights continued non-oil sector resilience.
LAGOS
The Lagos Tenancy Bill 2025 proposes major rental market reforms, stronger tenant protections, clearer rules for landlords, and stricter regulation of real estate agents.
ABUJA
The FCTA has named top corporations, banks, and government agencies including CBN, First Bank, NPA, and BUA among 1,095 property titleholders facing enforcement over unpaid ground rent and land-use charges in Abuja’s premium districts.
World News
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Court Issues Contempt Warning to EFCC Chairman Over Order to Release 27 Seized Properties
A Federal High Court in Abuja has issued a formal contempt warning to the EFCC Chairman for failing to release documents for 27 properties previously seized under an interim forfeiture order. The ruling, delivered on 31 October 2025, affirmed the owners’ claims and directed immediate compliance.