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NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
The Central Bank of Nigeria has revised its Standing Facility corridor, lowering SLF and SDF rates to boost interbank liquidity and encourage private sector lending while maintaining the MPR at 27%. Analysts say the move enhances monetary policy transmission and supports real-sector credit.
LAGOS
Governor Babajide Sanwo-Olu has presented a ₦4.237 trillion “Budget of Shared Prosperity” for 2026, outlining major allocations for infrastructure, economic affairs, health, education, and social welfare, with revenue projections of ₦3.993 trillion and a ₦243 billion deficit.
ABUJA
Indigenous residents in the FCT call on Minister Nyesom Wike for fair compensation following the demolition of homes in Kuchibedna, citing displacement and threats to cultural heritage.
World News
All News
Federal Government to Open Lagos–Calabar Coastal Highway Section in December 2025 Amid Legal Clarity
The Federal Government announces the opening of the first 47km of the Lagos–Calabar Coastal Highway between December 12–17, 2025, following a court ruling clarifying Winhomes’ legal claims. The project aims to enhance trade, mobility, and regional economic growth.