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December 2025

Building vs. Buying a House in Nigeria (2026 Outlook): A Brutal Cost Breakdown

Building vs. Buying a House in Nigeria (2026 Outlook): A Brutal Cost Breakdown

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...

FCT Land Revocation & New C of O Rules: Is Your Abuja Property Safe? (Dec 2025 Update)

FCT Land Revocation & New C of O Rules: Is Your Abuja Property Safe? (Dec 2025 Update)

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...