March 2026

There is a dangerous illusion in today’s real estate market, the belief that if an office looks legitimate, then the business must be legitimate. Recent events in Lagos have once again proven how costly that assumption can be. According to a report by Punch Newspapers, the Lagos State Real Estate Regulatory Authority recently sealed a fake real estate office operating in Ikorodu and launched a...

The Lagos State Government’s recent directive mandating all building owners to register and certify elevators before March 31, 2026 is a strong reminder of a critical truth in real estate: compliance is the backbone of sustainable property development. According to reports, the directive requires property owners, developers, and facility managers to ensure that all elevators and vertical...

The excitement of searching for a new home can make it tempting to jump straight into property listings, site inspections, and conversations with agents. But experienced buyers know that the most successful property purchases begin long before the first viewing. In today’s real estate market, especially in fast moving cities like Lagos, preparation is often the difference between a smooth transaction...

One segment of the Lagos real estate market has been rapidly redefining how property generates income in the city. According to a recent industry report by Edala Development, Lagos’ short-let sector generated an estimated ₦281.03 billion in revenue in 2025, highlighting the enormous economic activity surrounding short-term rental properties across the city. While the figure fell slightly short of...

The conversation about rising rents in Lagos has become impossible to ignore. For many residents, finding affordable accommodation is becoming increasingly difficult, and recent market insights show that the issue goes far beyond temporary inflation or short term market fluctuations. A new market update reported by Knight Frank reveals that residential rents across Lagos continued to rise during the...

When people talk about the future of Nigeria’s economy, one city constantly dominates the conversation, Lagos. And according to Babajide Sanwo-Olu, property investment remains one of the most powerful engines driving that future. Speaking at the 2026 BusinessDay Property Investment and Smart Cities Conference, the Lagos State governor emphasized that real estate plays a critical role in the growth...

Nigeria’s building sector is once again sounding the alarm over rising cement prices, with industry stakeholders urging regulatory intervention and government action as costs continue to climb. Real estate developers under the Real Estate Developers Association of Nigeria (REDAN) have formally appealed to the Federal Competition and Consumer Protection Commission (FCCPC) to investigate cement pricing...