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.
LAGOS
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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Fubara Commissions TAF Global Estate as Legal Disputes Test Governance and Housing Confidence in Rivers State
Rivers State Governor Siminalayi Fubara commissions the TAF Global Estate in Port Harcourt despite ongoing legal disputes, highlighting tensions between housing development, due process, and investor confidence.
CORBON Inducts 436 Builders, Reaffirms Zero Tolerance for Unethical Construction Practices
The Council of Registered Builders of Nigeria inducts 436 new professionals, warning against unethical practices and reinforcing safety, accountability, and regulatory compliance in the construction sector.
Nigeria’s Inflation Slows to 14.45% in November 2025, Signalling Moderation in Price Pressures
Nigeria’s headline inflation fell to 14.45% in November 2025 from 16.05% in October, reflecting easing price pressures in urban and rural areas. NBS data highlights progress toward stabilising the economy.
Proposed Tenancy Law Criminalises Illegal Evictions, Strengthens Tenant Protections in Lagos State
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.
FRC Calls on Estate Surveyors to Uphold Integrity and Drive Value in Nigeria’s Real Estate Sector
The Financial Reporting Council (FRC) calls on estate surveyors and valuers to maintain high standards of integrity, professionalism, and value creation, highlighting their crucial role in Nigeria’s real estate development, investor confidence, and national infrastructure growth.
Estate Surveyors Positioned to Drive Nigeria’s Infrastructure Investment Through PPPs
Nigeria’s estate surveyors and valuers are being called on to leverage the Public-Private Partnership framework to address the nation’s $878 billion infrastructure deficit, ensuring efficient project valuation, risk assessment, and sustainable development.
President Tinubu Approves Significant Increase in Code of Conduct Bureau Budget to Strengthen Transparency
President Tinubu increases the Code of Conduct Bureau budget to N20 billion to upgrade Nigeria’s asset declaration system, enhance verification, and strengthen public accountability.
Nigeria’s Unpaid Contractors Spotlight Fiscal Management Challenges Amid Revenue Growth
Peter Obi warns that delayed payments to local contractors threaten SMEs and economic growth, highlighting transparency and fiscal management challenges in Nigeria.
TAF Global Delivers 1,000 Affordable Housing Units Ahead of Rivers State Commissioning
TAF Global, Affordable Housing Company of the Year 2025, completes 1,000 units in Rivers State ahead of commissioning by Governor Fubara, advancing affordable housing delivery.
Ekiti Launches Commercial Operations at N49.7 Billion Agro-Allied International Cargo Airport
Ekiti State inaugurates the Agro-Allied International Cargo Airport after N49.7 billion investment, boosting aviation, trade, and regional economic growth.