Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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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.
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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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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.
Insecurity Emerges as Major Threat to Nigeria’s Real Estate Sector, HDAN Warns
HDAN cautions that rising insecurity across Nigeria is undermining real estate investment, delaying projects, and worsening the housing deficit. The group calls for urgent government action to restore confidence and protect ongoing developments.
FG Considers Lagoon Backfilling to Reduce Costs on Lekki Deep Seaport Access Road
The Federal Government is evaluating lagoon backfilling as a cost-effective alternative to a 3km bridge on the Lekki Deep Seaport–Epe–Ijebu-Ode access road, aiming to accelerate delivery of the 50km dual carriageway funded through an EPC+F model with CHEC.
Federal High Court Dismisses Winhomes Claims on Lagos–Calabar Coastal Highway Project
A Federal High Court has dismissed Winhomes Global Services’ lawsuit over the Lagos–Calabar Coastal Highway, confirming the company no longer holds legal interest in the disputed land. Project proceeds on schedule.
Federal Government to Open Lagos–Calabar Coastal Highway Section in December 2025 Amid Legal Clarity
The Federal Government announces the opening of the first 47km of the Lagos–Calabar Coastal Highway between December 12–17, 2025, following a court ruling clarifying Winhomes’ legal claims. The project aims to enhance trade, mobility, and regional economic growth.
Loan Defaults Rise in Nigeria as CBN Flags Increased Pressure on Credit Market
The Central Bank of Nigeria reports a sharp increase in loan defaults across unsecured and corporate lending in Q3 2025, highlighting growing financial stress among households and businesses amid macroeconomic pressures.
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 plans to establish Building Materials Manufacturing Hubs across Nigeria’s six geopolitical zones to reduce construction costs, cut reliance on imports, and expand access to affordable housing under the Renewed Hope Agenda
PH Airport City Set to Transform High-End Housing and Economic Growth in Rivers State
PH Airport City, a luxury self-sustaining mini-city near Port Harcourt International Airport, will deliver 2,000 smart homes with integrated infrastructure, flexible mortgage options, and a strategic plan to boost investment and reverse urban flight in Rivers State.
Federal Government Launches ₦250 Billion Housing Fund to Accelerate Delivery Under Renewed Hope Agenda
The Federal Government launches a ₦250bn housing intervention fund to accelerate affordable housing delivery, expand local building material production, and strengthen economic growth under the Renewed Hope Agenda.