Flood insurance Abuja owners hold today is often thinner than they think. The compulsory insurance in Nigeria's new insurance law mostly protects other people: workers, neighbours, tenants, and visitors. It does not automatically pay to repair your own flooded building. Most basic property policies also exclude flood unless you add it. After the August 2026 floods that hit Maitama, Wuse 2, and...
The Nigeria Tax Act 2025 property rules have applied since 1 January 2026, and they change what Abuja owners, sellers, buyers, and tenants owe. Capital gains on property are no longer taxed at a flat 10% for individuals. Rent and property sales are VAT-exempt. Tenants can claim a new rent relief. Rental income is also far easier for the tax authorities to track. This guide sets out what the Act...
The Abuja ground rent crackdown is no longer a warning. It is an enforcement programme with sealed buildings, revoked titles, and a clear message from the FCTA: pay up or lose the property. In January 2026, the administration said it would begin sealing properties and withdrawing titles the following week. That announcement built on a 2025 drive that revoked thousands of titles over arrears dating back...
In February 2024, President Bola Tinubu broke ground on a 3,112-unit housing project in Karsana, Abuja, calling it the first practical expression of his administration's Renewed Hope Agenda for housing. Two years on, the site tells a more grounded story than the launch speech did: multiple housing blocks in active construction, some nearing completion, phased delivery already underway, and real...
On September 22, 2026, the Central Bank of Nigeria did something no analyst polled by Reuters expected: it cut its benchmark interest rate by 350 basis points, from 26.5% to 23%, the largest single reduction in the bank's history. The CBN rate cut Abuja mortgages question is the one that actually matters for homebuyers here — does this make financing cheaper? The honest answer is: not automatically,...
For years, the Nigerian property conversation had two centres of gravity: Lagos for scale and liquidity, Abuja for stability and government-driven demand. In 2026, a third name keeps coming up in investor conversations. Port Harcourt real estate is being reshaped by a $1 billion federal port reconstruction programme, a surge in industrial and logistics leasing, and some of the highest dollar-denominated...
Gwarinpa has long been one of Abuja’s most established and sought-after residential districts. But Gwarinpa flooding in 2026, alongside major road construction and demolitions around the Ring Road 3 corridor, has raised fresh questions about infrastructure, development control and property risk in the district. https://youtu.be/a3IOEaawFAk?si=caciRp9vAk1uIiLb Heavy rainfall in August left...
In August 2026, heavy rainfall submerged homes, vehicles, and businesses across parts of Abuja, including the highbrow Maitama District. Within days, FCT Minister Nyesom Wike ordered the immediate demolition of every structure obstructing the capital's waterways and green spaces, declaring that no owner, however high-profile, would be spared. Weeks later, Abuja demolition 2026 is still expanding into...
The NHF mortgage ceiling is now ₦50 million, and yes, that's enough to buy in outer Abuja districts like Lugbe, Kubwa, and Karsana — but not in Gwarampa, Jabi, Wuye, or the city centre. The Federal Mortgage Bank of Nigeria (FMBN) now advertises a maximum National Housing Fund mortgage of ₦50 million, up from the ₦15 million ceiling long associated with the scheme. The loan carries 6% interest...
If you've ever waited months for a Certificate of Occupancy in Abuja, or worried whether the plot you're buying has already been sold to someone else, Nigeria's land system is finally being rebuilt to fix exactly that problem. Two reforms are driving this shift: Land4Growth, a federal programme designed to unlock trillions of naira in undocumented land value, and a tightened AGIS Abuja land titling...
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