Commercial naira mortgages run at 20-28% a year as of July 2026, putting them out of reach for most buyers. Staged self-building, cooperative schemes and rent-to-own are how Nigerians actually become owners — with the checks each one requires.
July 2026
The Lagos tenancy bill would make regulator registration compulsory for every estate agent and cap agency fees at 5% and advance rent at one year. It is still at committee stage — but you can already use its logic to avoid the most common rental scams.
Lagos demolitions are displacing residents and pushing rents higher in 2026. Here's how the two are linked — and a practical checklist to make sure the home you rent or buy isn't next.
Many say Lagos and Abuja homes are overpriced, with asking prices far above local wages. Are they right? Here's what's driving prices in 2026 — and how buyers can respond smartly.
Lagos rents are up 12-18% year-on-year and parts of Abuja are reporting jumps of 40-60%. Most tenants either accept the new figure or move on instinct. Both are expensive. Here is a five-step negotiation playbook, and the arithmetic that tells you when moving actually beats renewing.
Lagos State has named 176 estates operating without an approved layout plan, with enforcement tightening through July 2026. The seller may be a registered developer and your receipt may be genuine — and the estate can still be flagged. Here is how to check an estate's planning status before you pay, and what to demand in writing.
Ibeju-Lekki plot prices are up 66-133% since 2024, driven by $1.26B in Lagos-Calabar Coastal Highway funding and Dangote refinery demand. Epe remains 40-60% cheaper but is starting to catch up.
The Nigeria Tax Act 2025 replaced the flat 10% capital gains tax on property sales with income-based bands (0%-25%) for individuals, and reset the cost basis to end-2025 market value. Here's what it means if you're selling in 2026.
Can't afford to buy property outright? Real Estate Investment Trusts (REITs) let Nigerians invest in real estate from a fraction of the cost of a deposit — here's how they work, what to check, and the risks to weigh.
Cement has nearly doubled since early 2025 and inflation hit 15.93% in May 2026. Here is a transparent way to think about what a 3-bedroom bungalow actually costs to build in Nigeria this year, phase by phase, without borrowing at interest.