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Real Estate News Daily

NHM brings you the most important real estate stories of the week.

Latest News

Real Estate News in NIgeria
CBN Adjusts Standing Facility Corridor to Stimulate Interbank Liquidity and Private Sector Lending
CBN Adjusts Standing Facility Corridor to Stimulate Interbank Liquidity and Private Sector Lending
Lagos Government Presents ₦4.237 Trillion ‘Budget of Shared Prosperity’ for Lagos in 2026
Lagos Government Presents ₦4.237 Trillion ‘Budget of Shared Prosperity’ for Lagos in 2026
Delta State Commissions New Housing Cluster in Okuama as Reconstruction Efforts Advance
Delta State Commissions New Housing Cluster in Okuama as Reconstruction Efforts Advance
Insecurity Emerges as Major Threat to Nigeria’s Real Estate Sector, HDAN Warns
Insecurity Emerges as Major Threat to Nigeria’s Real Estate Sector, HDAN Warns
FG Considers Lagoon Backfilling to Reduce Costs on Lekki Deep Seaport Access Road
FG Considers Lagoon Backfilling to Reduce Costs on Lekki Deep Seaport Access Road
Federal High Court Dismisses Winhomes Claims on Lagos–Calabar Coastal Highway Project
Federal High Court Dismisses Winhomes Claims on Lagos–Calabar Coastal Highway Project
Federal Government to Open Lagos–Calabar Coastal Highway Section in December 2025 Amid Legal Clarity
Federal Government to Open Lagos–Calabar Coastal Highway Section in December 2025 Amid Legal Clarity
Loan Defaults Rise in Nigeria as CBN Flags Increased Pressure on Credit Market
Loan Defaults Rise in Nigeria as CBN Flags Increased Pressure on Credit Market
FCT Indigenous Groups Demand Compensation Following Kuchibedna Demolitions
FCT Indigenous Groups Demand Compensation Following Kuchibedna Demolitions
Lagos Government Intensifies Demolition of Illegal Structures in Ikate Elegushi and Lekki–Ikoyi Corridors
Lagos Government Intensifies Demolition of Illegal Structures in Ikate Elegushi and Lekki–Ikoyi Corridors
Sanwo-Olu Commissions 233 New Housing Units in Eti-Osa, Expands Lagos’ Affordable Housing Pipeline
Sanwo-Olu Commissions 233 New Housing Units in Eti-Osa, Expands Lagos’ Affordable Housing Pipeline
Dangiwa Highlights Quantity Surveyors’ Central Role in Nigeria’s Renewed Hope Housing and Infrastructure Agenda
Dangiwa Highlights Quantity Surveyors’ Central Role in Nigeria’s Renewed Hope Housing and Infrastructure Agenda
The Federal Government Unveils Strategy to Reduce Housing Costs Through Regional Building Material Hubs
The Federal Government Unveils Strategy to Reduce Housing Costs Through Regional Building Material Hubs
FCTA to Begin Full Enforcement Against Property Fee Defaulters November 26th
FCTA to Begin Full Enforcement Against Property Fee Defaulters November 26th
PCC Halts Demolition at Gwarinpa Estate Pending Verification of Legal Orders
PCC Halts Demolition at Gwarinpa Estate Pending Verification of Legal Orders
Governor Sanwo-Olu to Commission 233 New Housing Units at Abraham Adesanya Estate, Ajah
Governor Sanwo-Olu to Commission 233 New Housing Units at Abraham Adesanya Estate, Ajah
PH Airport City Set to Transform High-End Housing and Economic Growth in Rivers State
PH Airport City Set to Transform High-End Housing and Economic Growth in Rivers State
Abuja’s Rapid Construction Push Intensifies Concerns Over Vanishing Green Zones
Abuja’s Rapid Construction Push Intensifies Concerns Over Vanishing Green Zones
Federal Government Launches ₦250 Billion Housing Fund to Accelerate Delivery Under Renewed Hope Agenda
Federal Government Launches ₦250 Billion Housing Fund to Accelerate Delivery Under Renewed Hope Agenda
Enugu Governor Pledges 15,000 New Housing Units for Civil Servants by 2026
Enugu Governor Pledges 15,000 New Housing Units for Civil Servants by 2026
South-East States Launch Landmark Initiative to Deliver 100,000 Affordable Homes
South-East States Launch Landmark Initiative to Deliver 100,000 Affordable Homes
President Bola Ahmed Tinubu Defends Wike Amid Public Criticism, Says FCT Minister’s Actions Are “Lawful and Necessary”
President Bola Ahmed Tinubu Defends Wike Amid Public Criticism, Says FCT Minister’s Actions Are “Lawful and Necessary”
Nigeria’s Inflation Slows to 16.05% in October as Food Prices Ease and FX Conditions Improve
Nigeria’s Inflation Slows to 16.05% in October as Food Prices Ease and FX Conditions Improve
Abuja’s Green Spaces Under Threat as Housing Developments Expand
Abuja’s Green Spaces Under Threat as Housing Developments Expand
Ogun State Executive Council Approves 35 New Duplexes to Address Growing Housing Demand
Ogun State Executive Council Approves 35 New Duplexes to Address Growing Housing Demand
ESVARBON Highlights Smart Land Management as Key to Reducing Urban Insecurity in Nigeria
ESVARBON Highlights Smart Land Management as Key to Reducing Urban Insecurity in Nigeria
The Nigerian Institute of Building Calls on Young Builders to Prioritise Skills Development and Mentorship
The Nigerian Institute of Building Calls on Young Builders to Prioritise Skills Development and Mentorship
Nigeria to Roll Out Interest Free Mortgages Under New FMBN–SEC Partnership
Nigeria to Roll Out Interest Free Mortgages Under New FMBN–SEC Partnership
Nigerian Institute of Quantity Surveyors Calls for National Policy to Curb Rising Urban Rent Costs
Nigerian Institute of Quantity Surveyors Calls for National Policy to Curb Rising Urban Rent Costs
African Development Bank Confirms ₦1.45bn Compensation to Ekiti Knowledge Zone Residents
African Development Bank Confirms ₦1.45bn Compensation to Ekiti Knowledge Zone Residents

NATIONAL NEWS

Real Estate News in NIgeria
CBN Adjusts Standing Facility Corridor to Stimulate Interbank Liquidity and Private Sector Lending
CBN Adjusts Standing Facility Corridor to Stimulate Interbank Liquidity and Private Sector Lending

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

Real Estate News in NIgeria
Lagos Government Presents ₦4.237 Trillion ‘Budget of Shared Prosperity’ for Lagos in 2026
Lagos Government Presents ₦4.237 Trillion ‘Budget of Shared Prosperity’ for Lagos in 2026

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

Real Estate News in NIgeria
FCT Indigenous Groups Demand Compensation Following Kuchibedna Demolitions
FCT Indigenous Groups Demand Compensation Following Kuchibedna Demolitions

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

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FCT High Court to Hear Judicial Review in Ongoing River Park Estate Dispute

The Federal Capital Territory (FCT) High Court sitting in Jikwoyi-Kurudu will on Monday, October 6, hear a judicial review application challenging the report and recommendations of the Ministerial Committee established by the Minister of the Federal Capital Territory, Nyesom Wike, in connection with the long-running River Park Estate dispute in Lugbe, Abuja.

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