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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HDAN Calls for Mortgage Sector Reforms to Improve Access and Affordability in Nigeria
The Housing Development Advocacy Network urges recapitalisation, risk mitigation, and flexible mortgage solutions to address Nigeria’s under-performing housing finance sector and support sustainable homeownership.
Nigeria’s Real Estate Sector Hits ₦41.3 Trillion, Unlocking New Investment Horizons
Nigeria’s real estate sector hits ₦41.3 trillion, driven by urbanisation and housing demand, presenting lucrative opportunities for investors and structured market participants including REITs.
Lagos Hosts Launch of EkoDubai, Bridging Nigerian Investors to Dubai’s Real Estate Market
EkoDubai officially launches in Lagos, offering Nigerian investors verified access to Dubai’s real estate market through immersive digital experiences, advisory support, and secure investment channels.
Dr. Aminu Bashir Assumes Presidency of NIQS, Announces Comprehensive Reform Agenda
Dr. Aminu Bashir assumes leadership of the Nigerian Institute of Quantity Surveyors, unveiling reforms in advocacy, digitalisation, capacity building, strategic investment, and governance to strengthen the profession.
REDAN Calls for Multi-Layered Reforms to Tackle Fraudulent Developers in Nigeria
REDAN President Akintoye Adeoye outlines the need for regulatory, systemic, and technological reforms to tackle fraudulent real estate practices, protect diaspora investments, and strengthen Nigeria’s housing sector.
Nigeria Insurance Reform Act 2025 Set to Strengthen Real Estate Sector, Boost Investor Confidence
The Nigeria Insurance Industry Reform Act 2025 mandates compulsory insurance for real estate assets, boosting investor confidence, improving asset protection, and professionalising property valuation across the sector.
FG’s Bamboo Housing Initiative Gains Momentum Amid Calls for Clear Standards and Regulatory Reform
As Nigeria explores bamboo for affordable, climate-smart housing, experts highlight the opportunities and regulatory gaps shaping its viability. A detailed analysis of the policy, technical, and market issues that will determine the success of the Federal Government’s bamboo housing initiative.
Nigeria’s 30% Value-Addition Bill Poised to Reshape Industrial Policy and Attract Long-Term Investment
The Federal Government says the proposed 30% Value-Addition Bill will strengthen investor confidence, expand processing capacity, and accelerate Nigeria’s transition from raw material exports to a value-driven manufacturing economy.
The Federal Capital Territory Administration FCTA Revokes 1,095 Abuja Properties Over Persistent Land Charge Defaults
The Federal Capital Territory Administration has withdrawn rights to 1,095 properties in Abuja after owners failed to settle ground rent and other statutory land charges by the official deadline.
Architectural Sector Contributes ₦6.17 Trillion to Nigeria’s GDP, Says NIA President
The Nigerian Institute of Architects reports that architecture contributes ₦6.17 trillion 6% of Nigeria’s GDP while urging stronger professional oversight to curb building collapses and enhance national development.