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June 2026

The ‘Co-Living’ Boom: How Landlords Are Doubling Their ROI in Lagos & Abuja (2026)

For decades, the standard rental model in Nigeria was straightforward: buy a 4-bedroom duplex and rent it out to a single family. But in 2026, a severe affordability crisis hit the market. Young, high-earning professionals—tech developers, bankers, and consultants—can no longer afford the exorbitant N8 million to N15 million annual rent for a full house in prime areas like Lekki or Wuse II. At the...