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.
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ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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FCT to Issue New Certificates of Occupancy for River Park Estate Residents
The River Park Estate issue highlights recurring challenges in Abuja’s land administration, including expired lease agreements, irregular development approvals, and disputes between government and private developers. For investors and policymakers, the case underscores the importance of due diligence, compliance with regulatory processes, and the need for ongoing reforms in land governance to reduce uncertainty in Nigeria’s capital city real estate market.