Nigeria entered 2025 with high inflation, but the rental market in Lagos and Abuja is moving far beyond what the official numbers suggest. While the National Bureau of Statistics reports headline inflation at 24.48% (Jan ‘25), collected data by NHM shows rent increases in Lagos and Abuja ranging from significant surges to extreme jumps well above 100%.

As we step into 2025, Nigeria's real estate market is poised for significant transformation, shaped by evolving economic conditions, shifting demographics, and emerging technologies. Despite challenges like inflationary pressures and currency fluctuations, the sector shows resilience, with opportunities arising in affordable housing, urban redevelopment, and green building initiatives.