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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Lagos Government Issues Final Compliance Deadline for Unapproved Estate Developments, Warns of Demolition and Penalties
The Lagos State Government has issued a final one-week deadline for estate developers operating without approved layout plans. Defaulters face heavy fines or demolition as the state intensifies enforcement to protect urban planning standards and homebuyers.