Naira Strengthens at Official Market as February Trading Opens on Positive Note
The Nigerian naira opened trading in February 2026 on a stronger footing, appreciating against the United States dollar at the official foreign exchange market amid signs of improved market alignment…
Power Restored to Nigerian High Commission in South Africa After Settlement of Utility Debt
Electricity supply has been restored to the Nigerian High Commission in Pretoria, South Africa, following the settlement of outstanding municipal utility debts owed to the City of Tshwane, South African…
Naira Faces Pressure as Kevin Warsh Nomination Signals Stronger US Dollar
The Nigerian naira faces renewed pressure following the nomination of Kevin Warsh as the next Chair of the U.S. Federal Reserve by President Donald Trump. Warsh, expected to succeed Jerome…
NIQS Urges Stronger Advocacy, Collaboration for Sustainable Built Environment
The Nigerian Institute of Quantity Surveyors (NIQS) has emphasized the need for enhanced advocacy and strategic collaboration among stakeholders to promote a more efficient, resilient, and sustainable built environment in…
London Property Market Poses New Financial Challenges for Foreign Buyers
Foreign investors, particularly Nigerians, are navigating new financial pressures in London’s recovering property market, according to real estate experts. After experiencing stagnation in recent years, the London property market has…
Lagos Assembly to Meet Makoko Community Leaders Amid Demolition Crisis
The Lagos State House of Assembly has invited community leaders from Makoko and neighboring waterfront settlements for a meeting on Tuesday, February 3, 2026, to address petitions concerning recent demolitions…
Daranijo, Ikoyi Properties Power UH REIT’s ₦1.3bn Income
UH Real Estate Investment Trust (UH REIT) posted total income of ₦1.3 billion for the 2025 financial year, marking a 10% increase from the ₦1.2 billion recorded in 2024. Net…
Lagos Expands Land Mapping Project to Capture ₦3trn in Dormant Assets
The Lagos State Government has expanded its ongoing land mapping and formalisation project as it moves to capture an estimated ₦3 trillion worth of undocumented land assets currently outside the…
FG to Review Housing Prices as Minister Reaffirms Commitment to Affordable Homes
The Federal Government has reaffirmed its commitment to addressing Nigeria’s housing deficit, with assurances that the pricing of government-owned housing projects will be reviewed to ensure affordability for average Nigerians.…
Enugu Government Unifies Land Charges, Reduces Fees by 69%
The Enugu State Government has approved a major reform of its land administration system, unifying land use charge and ground rent into a single payment while reducing the combined cost…