Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Nigeria’s Detty December tourism economy is under pressure from rising costs, weak coordination, and uneven service delivery, raising concerns about long-term sustainability and competitiveness.
LAGOS
The Lagos Tenancy and Recovery of Premises Bill 2025 introduces court-mandated eviction processes, penalises landlord harassment, and enhances tenant protections, marking a major reform in Lagos’s rental housing market.
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
World News
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Enugu State Government Launches Digital Survey System to Strengthen Land Governance and Curb Fraud
Enugu State introduces a digital survey system to curb land grabbing, improve transparency, and attract investment in land administration.
The Federal Government of Nigeria Opens ₦1 Trillion Housing Investment Fund to Retail Investors
The Federal Government of Nigeria has expanded access to its ₦1 trillion Ministry of Finance Real Estate Investment Fund (MREIF), enabling retail investors to participate alongside institutional players in one of the country’s most ambitious housing initiatives to date.
The Federal Government Unveils Integrated Economic Strategy to Tame Inflation and Boost Growth
The Federal Government, in partnership with the Central Bank of Nigeria (CBN), has introduced a comprehensive economic framework aimed at reducing inflation, accelerating growth, and doubling household incomes.
The Federal Government has listed ₦1 Trillion MREIF on NGX to Expand Private Capital Access for Affordable Housing
The Federal Government has listed the commercial tranche of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) on the Nigerian Exchange Group in Lagos, strengthening its strategy to mobilise private capital for affordable housing and deepen Nigeria’s financial markets.
Edo State Governor Revokes MOWAA’s Certificate of Occupancy to Restore Site for Central Hospital
Governor Monday Okpebholo has annulled the Certificate of Occupancy previously granted to the Museum of West African Art (MOWAA) by the former administration of Godwin Obaseki
Nigeria Records Significant Improvement in FX Access Ranking After Reforms
Nigeria has achieved a 15-place jump to rank fourth among African economies in the Absa Africa Financial Markets Index 2025, signalling a marked improvement in foreign exchange
The Federal Government of Nigeria Overshoots 2025 Borrowing Target by 55.6% as Fiscal Pressures Intensify
The Federal Government has exceeded its borrowing target for the first 10 months of 2025 by 55.6 per cent, accumulating ₦17.36 trillion in new debt, far above the ₦10.9 trillion prorated limit set in the 2025 Appropriation Act.
Minister Atah Urges National Unity as Nigeria–US Diplomatic Tension Deepens
Minister of State for Housing and Urban Development, Rt. Hon. Abdullahi Yusuf Atah, has called for calm and collective restraint as Nigeria navigates rising diplomatic tension with the United States following recent allegations of human rights violations and religious discrimination.
Nigeria's Federal Government Set to Launch National Railway Development Roadmap to Expand Connectivity Across 36 States
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.
Federal Housing Authority Launches Renewed Hope Housing Estate in Akwa Ibom, Strengthening Federal Homeownership Drive
The Federal Housing Authority (FHA) has commenced construction of the Renewed Hope Housing Estate in Uyo, reinforcing the Federal Government’s strategy to expand access to affordable housing and reduce Nigeria’s longstanding supply deficit.