For years, when buying property in Nigeria, the biggest question was: "Where is it located?" In 2026, a new, far more critical question has emerged: "How is it powered?" The landscape of Nigerian real estate has changed overnight. With the Federal Government’s implementation of the Band A electricity tariff (raising costs by over 300% to N209/kWh) and diesel prices holding steady above N1,100 per...
2025
In real estate, there is an old saying: "Follow the crane, and you will find the profit." In Abuja right now, the saying should be: "Follow the bulldozers." Since assuming office, the FCT Minister, Nyesom Wike, has launched one of the most aggressive infrastructure campaigns in the capital's history. Just weeks ago, the FCTA flagged off 12 major road construction projects and commissioned key arterial...
There are two ways to make money in real estate. The first is Capital Appreciation—buying land and waiting for it to grow in value over years. This is the "wealth building" phase. The second, and often more attractive option for those seeking financial freedom today, is Cash Flow. Imagine receiving a bank alert every month, quarter, or year, regardless of whether you worked that day or not. This...
In 2026, however, that script has been flipped on its head. The economic reality of the last 18 months—marked by currency devaluation and hyper-inflation—has fundamentally changed the math of construction. With the price of essential materials like cement, reinforcement bars (iron rods), and finishing fittings hitting all-time highs, the "savings" of self-building have largely evaporated, replaced...
If you own land in Abuja or are planning to buy, you need to pay close attention to the news coming out of the FCT Administration this month. The landscape of property ownership in the capital is shifting, and "business as usual" is no longer an option. In a decisive move to sanitize the real estate sector and improve revenue, the FCT Minister, Nyesom Wike, has initiated a series of strict reforms that...
You did it. You successfully navigated the "Japa" process. You’ve settled in the UK, the US, Canada, or Europe, and you're finally earning the hard currency you worked so hard for. A new life, new opportunities... and a new, specific anxiety. What about home? You read the "horror stories" every day on social media: the relative who collected money for a building project that never got past the...
You work hard. You save diligently. You set money aside for your future, your children's education, or your retirement. And yet, you look at your bank balance and you know the truth: the money you saved last year is worth significantly less today. This isn't your fault. It's the painful reality of high inflation and currency devaluation. Cash in the bank is no longer a store of value; it's a...
The dream of owning property in Nigeria is a powerful one, but the path to achieving it can be filled with potential pitfalls. Real estate scams are a painful reality, costing unsuspecting investors billions of Naira and turning their dreams into devastating nightmares. Fortunately, most scams follow a predictable pattern. Fraudsters rely on urgency, a lack of information, and a buyer's emotional...
In the world of investing, the famous saying goes, "due diligence is the breakfast of champions." Nowhere is this truer than in the Nigerian real estate market. The difference between a highly profitable investment and a devastating loss often comes down to one thing: the quality of your investigation before you buy. But "due diligence" is more than just a buzzword; it's a systematic process of...
In the world of investing, the famous saying goes, "due diligence is the breakfast of champions." Nowhere is this truer than in the Nigerian real estate market. The difference between a highly profitable investment and a devastating loss often comes down to one thing: the quality of your investigation before you buy. But "due diligence" is more than just a buzzword; it's a systematic process of...