This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
The Federal Government will unveil a new National Railway Development Roadmap designed to deliver nationwide rail connectivity across all 36 states and the Federal Capital Territory.
LAGOS
Lagos State has started a new enumeration for Oworonshoki demolition victims to identify uncaptured residents and ensure full compensation
ABUJA
Minister Nyesom Wike announces that by 2027, every FCT High Court judge will have official housing, marking a new phase in Nigeria’s judicial welfare and infrastructure reform.
World News
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CBN Rate Cut Signals Relief for Economy, Real Estate Sector Eyes Opportunity
The Central Bank of Nigeria (CBN) has cut its benchmark interest rate by 50 basis points to 27%, marking its first rate cut of 2025. The move aims to ease inflation, stimulate growth, and unlock opportunities for Nigeria’s housing and real estate sector, from more affordable mortgages to improved financing for developers.