Prime Lagos rents have roughly tripled since 2022: an Ikoyi three-bed that let for around NGN 15 million now averages NGN 35 million. Here is what is driving it, where the 9-11% rental yields sit, and what it means for tenants and investors.
Property investment
A fire hit the Federal Mortgage Bank of Nigeria's Abuja head office on 1 August 2026. Officials say no critical records were lost and documents are backed up in cloud storage. That is reassuring — but an institutional backup is not your personal file. Here is how to verify your own position.
The Federal Government is developing a national housing regulation policy built on developer licensing, escrow protection for buyers' funds, quality assurance, professional registration and a data observatory. It is still a draft — here is what an off-plan buyer should demand today.
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.
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.
Reclaimed land, blocked drainage, low-lying plots: flooding is a recurring reality in parts of Lagos. Here's how to check a property's real exposure before you buy or rent in Lekki, Victoria Island or beyond.
Lower entry prices, a textile and agro-industrial economy, and a population base larger than most African capitals — here's why Kano and the wider north deserve a serious look in 2026.
From word-of-mouth agents to apps that verify land title and finance your rent — Nigerian real estate is going digital. Here's what's actually changing for buyers and tenants in 2026.
The naira's swings against the dollar aren't just a headline — they're rewriting what property costs in Lagos and Abuja, and who can actually afford a mortgage. Here's how to navigate it.