Ikoyi Luxury Real Estate Crosses N1.1 Billion Mark
Ikoyi's luxury real estate market reaches a new milestone as 5-bedroom homes now exceed N1.1 billion, reflecting rising demand and property values in Lagos's upscale district.
Category : Real Estate
Nigerian Lady Spends N85m on Uncompleted Building
A Nigerian lady revealed she spent N85 million on an uncompleted storey building, sparking mixed reactions online. The video went viral on TikTok.
5 Ways to Check Flood Risk in Lagos Before Renting
Flooding has affected several Lagos neighbourhoods this rainy season. Here are five simple ways to check if a neighbourhood may be prone to flooding before signing a tenancy agreement.
Okomu Oil Shareholders Approve N14.3bn Final Dividend
Okomu Oil shareholders endorsed a N14.3 billion final dividend for 2025 at N15 per share, approved at the AGM in Abuja on May 26. Total dividends for the year hit N52.5 billion, up 52.8% from 2024.
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LandSight Fights Property Fraud via Data Verification
LandSight, a property intelligence platform launched in March 2026, uses data integration with government registries to verify land ownership and reduce fraud risks in Nigeria's real estate market.
Nigeria Power DisCos Earn N600bn in Q1 2026
Nigerian electricity distribution companies generated nearly N600 billion in revenue in Q1 2026 despite ongoing blackouts and gas supply issues, NERC data shows.
Candace Ebhomielen Leads BlueDutch Expansion in Edo, Ogun
Candace Ebhomielen oversees BlueDutch's real estate projects in Edo and Ogun, including site operations, road development, and rapid allocation, ensuring functional environments.
Minister Exposes Housing Project Fraud in Katsina
Nigeria's Housing Minister Muttaqha Darma discovered that only 130 of 250 reported housing units in Katsina's Renewed Hope project were completed, exposing major reporting discrepancies and contract violations.
Lady Rejects N6.5m Apartment Over Mold and Small Kitchen
A Nigerian woman shared her house-hunting ordeal after rejecting a N6.5 million apartment due to mold and a tiny kitchen, sparking online reactions.
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Micheal Shobukola: Strongmas Group Real Estate Leader
Micheal Shobukola, founder of Strongmas Group, is redefining Nigerian real estate with smart, experience-driven homes like AURUM and Elysian Rise, blending innovation and luxury.
Gtext Holdings celebrates 18 years with events
Gtext Holdings kicks off 18th anniversary with DICE conference. Founder Dr Stephen Akintayo announces diversification into security, renewable energy, and farmland banking.
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Monthly vs Annual Rent in Nigeria: Which Is Better in 2026?
Compare monthly and annual rent in Nigeria for 2026. Understand financial burden, flexibility, hidden fees, and landlord acceptance to choose the best option for you.
What Kind of House Do Most Nigerians Live In?
Discover the most common housing types in Nigeria, from face-me-I-face-you tenements to bungalows, and learn about urban vs rural living conditions.
Lagos New Tenancy Bill Targets Rent Hikes and Agency Fees
Lagos State introduces a tenancy bill to curb arbitrary rent increases, excessive agency fees, and fraudulent estate agent practices, aiming to protect tenants and improve housing transparency.
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Lagos Unveils Tenancy Bill to Curb Rent Hikes and Exploitation
Lagos State government introduces a new tenancy bill to curb arbitrary rent increases, illegal charges, and exploitation by unregistered estate agents, with mandatory registration and fast-track dispute resolution.
Lagos State Targets 14,022 Housing Units by Year End
Lagos State Government has delivered 10,623 affordable homes over seven years and aims to reach 14,022 units by year end, despite a national deficit of 14.925 million units.
Lady Cries Over Rent Hike to ₦1.3m, Gets Quit Notice
A lady laments after her landlord increased her one-bedroom apartment rent to ₦1.3 million and served a quit notice when she refused to accept the hike.
Lagos Delivers 10,623 Housing Units in Seven Years
Lagos State has delivered 10,623 housing units in seven years, targeting 14,000 by end of 2026 through direct and PPP initiatives to address housing deficit.
PAC Research Proposes Incremental Housing, Finance Boost
PAC Research reports recommend incremental housing models, deeper finance penetration, and PPPs to address Nigeria's housing deficit, highlighting trillion-naira investment opportunities.
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Stakeholders Urge Developers to Explore Lagos Mainland
Stakeholders call on property developers to invest in Lagos Mainland real estate, focusing on student housing and mixed-use projects, while urging government to reduce approval costs and prevent displacement.
Firm Urges Property Market Reforms to Tackle Bureaucracy
Messrs Ubosi Eleh and Company calls for urgent property market reforms in Nigeria, citing poor land documentation, weak regulation, and limited data access as key constraints.
Diaspora Investors Fear Nigerian Real Estate Over Trust Deficit
Industry leaders at a virtual summit highlighted that trust deficits remain the biggest barrier to diaspora investment in Nigerian real estate, with calls for accountability and pre-funded projects.
Zenytal Properties Launches Zenytal Gardens Phase 2
Zenytal Properties launches Zenytal Gardens Phase 2 in Ibeju-Lekki, attracting over 1,000 investors with flexible payment plans and luxury amenities.
BO Properties Delivers Project Rio, Boosts Lagos Shortlet Market
BO Properties hands over fully furnished Project Rio apartments in Ikeja, Lagos, featuring luxury amenities and modern smart home technology.
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Top 10 Real Estate Companies in Nigeria 2026
Discover Nigeria's top 10 real estate companies ranked by delivery, quality, and investor confidence. From Mshel Homes to Urban Shelter, explore leading developers.
Revolutionplus Clears Air on Orchid Project Delay
Revolutionplus Property Company addresses delays on Flourish Apartments and Terraces in Lekki, citing inflation and forex issues. MD Dr. Bamidele Onalaja assures completion within months.
Tope Adebayo LP Seeks Stronger Off-Plan Property Rules
Tope Adebayo LP urges stronger regulation of Nigeria's off-plan property market, citing fraud, project abandonment, and financial losses due to weak oversight.
Social Media Reshapes Nigeria Real Estate: Risks and Regulation
Social media transforms Nigeria's real estate market, boosting leads but raising fraud risks. Experts call for regulation to curb scams and ensure trust.
Group Advocates 4Ps for Affordable Housing Delivery (18.05.2026)
A summit advocate Public-Private-People Partnerships to boost affordable housing, addressing finance, land access, and collaboration.
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FMBN CEO: Housing Financing to Be More Accessible, Investment-Friendly
FMBN MD/CEO Shehu Usman Osidi pledges to make housing financing more accessible, responsive, and investment-friendly to bridge Nigeria's housing deficit through PPPs.
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