2025

WHY NIGERIANS IN DIASPORA SHOULD CONSIDERINVESTING IN LAGOS REAL ESTATE

For many Nigerians living abroad, the thought of home often comes with a mix of nostalgia and ambition. Beyond sending remittances or supporting family back home, there’s an increasing desire among the diaspora to secure tangible assets in Nigeria, assets that not only connect them to their roots but also build long-term wealth. At the heart of this aspiration lies one of the most promising...

LAGOS GRANTS EXTENTION TO ERRANT ESTATES: WHAT THIS MEANS FOR YOU

Tensions have begun to settle in Lagos’s real estate sector following the state government’s decision to extend the window for developers of 176 previously flagged estates to submit their layout approvals. These estates primarily located in the Eti-Osa, Ajah, Ibeju-Lekki, and Epe corridors were initially tagged as “illegal” due to the absence of proper layout authorization from the Ministry of...

LAGOS MOVES TO REGULATE REAL ESTATE FEES: WHAT IT MEANS FOR RESIDENTS AND INVESTORS

The Lagos real estate market has always been somewhat chaotic. For years, tenants and homebuyers have struggled with the rising cost of transactions, particularly agency and legal fees that often push housing further out of reach for the average Lagosian. But now, the Lagos State Government is stepping in with a bold new plan designed to restore order, protect consumers, and make housing more...

REGULATION MEETS REALITY: LAGOS CRACKS DOWN ON UNAPPROVED ESTATES

The Lagos skyline is constantly evolving. Chaotic, exhilarating, shaped by dreams, investments, and, sometimes, missteps. Recent headlines have thrown into sharp relief the tension between rapid development and regulatory compliance. The Lagos State Government recently identified 176 estates for operating without approved layouts and issued developers a 21-day ultimatum to regularize or face being sealed...

WHEN DREAM HOMES BECOME DISTANT: THE REAL IMPACT OF NIGERIA’S INFLATION ON HOMEOWNERSHIP

Nigeria has long held the spirit of homeownership as a cornerstone of stability and upward mobility. But today, that dream is slipping further away for many. Inflation has become a strong force reshaping what it means to own a home, and in all the wrong ways. As Olatokunbo Akinhanmi, Honorary Publicity Secretary of NIESV Lagos, recently put it, surging inflation has made rent payments and residential...

WHAT IS MORE PROFITABLE THAN REAL ESTATE

When it comes to building wealth, real estate is often hailed as one of the safest and most profitable investments. But real estate isn’t the only option out there.  Although it exhibits a lot of the qualities of a good investment, many financial advisors will tell you that there are other ways to grow your money, some of which promise impressive returns, maybe even better than property...

WHAT MAKES THE ISLAND SO DESIRABLE FOR RESIDENTIAL LIVING

When it comes to choosing where to live in Lagos, the conversation often circles back to the Island versus the Mainland. Both have their strengths, but there’s no denying that the Island has become the most desirable location for residential purposes. From Ikoyi to Lekki, Victoria Island to Ajah, the pull of Island living continues to grow stronger year after year. The Island enjoys a prime location...

PROTECTING YOUR REAL ESTATE INVESTMENT IN NIGERIA: KEY INSTITUTIONS EVERY INVESTOR SHOULD KNOW

Investing in real estate is one of the most rewarding financial decisions anyone can make. However, the industry is not without risks. fraudulent land sales, unqualified developers and poorly planned estates can all make you lose your investment, countless investors have lost money because they failed to verify who they were dealing with. Protecting your investment is very vital, so is working with...

LAND AS A FINITE RESOURCE

Land has always held a unique position in human society. Beyond being the foundation for shelter and agriculture, land has consistently proven to be one of the most reliable and enduring financial resources across generations. Today land stands out as a stable, appreciating asset that continues to shape wealth creation globally. However, unlike many other assets, land is finite. As populations grow and...

Lagos on a Short Stay: Dominance of Short-Let Apartments

Lagos has always been a city in motion. With its economic energy, rising urban population, and a constant influx of both local and international visitors, it’s no surprise that the real estate sector continues to evolve to meet certain demands. Among the most significant developments in recent years is the exponential rise of short-let apartments. What was once a niche segment within the luxury real...

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