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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FG Clarifies How New Housing Programme Breaks From Past Models
The Federal Government has distinguished its current housing initiative from previous efforts by delivering stronger outcomes through strategic partnerships.
HDAN Warns MOFI Against Fake Housing Facilitators
Nigeria’s housing sector is undergoing significant shifts as government initiatives, financial sector interest, and advocacy group interventions converge to shape the future of affordable housing delivery.
FG Outlines How New Housing Programme Diverges from Past Initiatives
The Federal Government has clarified how its current housing programme is structured to address shortcomings of previous initiatives
HDAN Commends Minister Dangiwa as Housing Delivery Crosses 10,000 Units
Housing Development Advocacy Network (HDAN) hails Minister Ahmed Dangiwa’s transformative leadership and reforms reshaping Nigeria’s housing sector.
FG Halts Lagoon and Island C-of-O Approvals, Orders Resubmission to OSGOF
The Federal Government has suspended all pending and previously approved Certificates of Occupancy (C-of-O) for developments on Nigeria’s islands and lagoon areas.
FG Blocks MDAs from Issuing Contracts Unless Finance Ministry Signs Off
The Federal Government now requires MDAs to secure Finance Ministry approval before awarding contracts, aiming to boost transparency and payment efficiency.
MREIF Halves Down Payment to 10%, Expands Access to Homeownership in Nigeria
MREIF Halves Down Payment to 10%, Expands Access to Homeownership in Nigeria
EFCC Boss Urges Real Estate Developers to Prioritize Background Checks
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued a strong appeal to real estate developers across Nigeria to take customer verification seriously, as part of a broader effort to tackle money laundering within the sector.
Nigeria’s House Reps Demand Rapid Infrastructure Reform in Correctional Facilities
Members of the House of Representatives' Committee on Reformatory Institutions have called for an immediate and substantial upgrade of Nigeria’s correctional infrastructure.
Over 2 Million Jobs Targeted as FG Plans 77,400 New Homes Nationwide
In a bold move to tackle unemployment and deepen access to affordable housing, the Federal Government has announced the construction of 77,400 housing units under its Renewed Hope Social Housing Programme.