Property

Property

Rental yields hit 5.5% in Lagos luxury property market

Luxury real estate in Lagos is recording average rental yields of 5.5 per cent annually, making it an increasingly attractive investment option for bo

EXPLAINER: What you should know about FG’s housing schemes

Nigeria has long grappled with a persistent and widening housing deficit estimated at 20-28 million units.  This perennial shortage has for decades re

Is it legal for landlords to demand 2-yr rent from new tenants?

One of the growing trend in real real estate is now the demand by landlords for two years rent before new tenants occupy their property. Be it for res

Real estate firm to ease property transaction in Nigeria

A digital platform developed in the United States to manage real estate transactions has been introduced into the Nigerian property market, offering a

What new tax laws hold for Nigeria’s real estate sector

President Bola Ahmed Tinubu last week signed the tax reform bills in Abuja signalling a new area in the country’s tax system which will impact every s