Nigeria: Real Estate

The Lagos State Government has approved a revised Fair Market Value (FMV) 2026 that will fundamentally reshape property valuation and transaction costs across the state. This update affects undeveloped land, residential properties, and all government property-related transactions, requiring buyers, sellers, and developers to recalibrate their financial planning and compliance strategies.

Property Technology (PropTech) is revolutionizing Nigeria's real estate sector through digital innovation, but operators face complex regulatory compliance challenges across multiple legal frameworks. How can PropTech platforms navigate the intersection of land law, corporate regulations, data protection, and financial compliance while driving sustainable growth in Nigeria's evolving digital real estate ecosystem?

Nigeria remains one of Africa’s most attractive real estate markets, particularly in major commercial centres such as Lagos, Abuja, Port Harcourt, Ogun State, and other fast-developing urban areas. Foreign investors buy property in Nigeria for residential use, commercial investment, industrial projects, hospitality, agriculture, warehousing, and long-term capital appreciation. However, buying property in Nigeria as a foreigner requires proper legal guidance because land ownership in Nigeria is regulated by federal and state laws, and title documentation can be complex.

Disputes are inevitable in every relationship; they may be civil, commercial, or domestic in nature. In Nigeria, where the court system often faces significant delays due to backlogged...

A major issue that usually arises in almost every real estate transaction in Nigeria is the entitlement of estate agents to commission. In many cases, it is difficult to determine what actions usually...

The Lagos State Lands Bureau has concluded its review of the Blue Book, the document that establishes Fair Market Value for real properties across Lagos State. Taking effect May 1, 2026, this newly revised framework will determine...

One of the most common causes of property litigation today is the lack of proper communication between property owners and their beneficiaries.

Although Nigerian land law is formally unified under the Land Use Act 1978 (LUA), real estate transactions in Lagos State operate in practice under multiple and overlapping title regimes.

As Lagos State takes a bold legislative step towards reshaping its housing framework, the introduction of the Tenancy and Recovery of Premises Bill ("TRPB" or the "Bill") 2025 has sparked...