Nigeria’s New Property Tax Rules 2026: Impact on Property Investment Nigeria’s evolving property tax framework has become one of the most important considerations for property investors in 2026, particularly for those buying from the UK, US, or Canada. While Lagos real estate remains one of Africa’s strongest wealth-building assets, the rules governing ownership, rental income,...
The term “Naira float” refers to a situation where the exchange rate of the Nigerian currency, the Naira (NGN), is determined by the forces of supply and demand in the foreign exchange market. In operating a floating exchange rate system, the value of a currency is not fixed to any specific value but oscillates in...
The practice of rental arbitrage, otherwise known as Short-let Rentals involves renting and subletting apartment units on a daily or short term basis. Commonly referred to as short lets, this type of residential real estate investment has garnered unprecedented attention in terms of growth. Apartments offerings include a variety of options, ranging from self contained...
According to the CBN’s financial system’s strategy (2020), mortgage finance requirement for the country is conservatively placed at between 15-20 trillion naira, also house stock is estimated at 10.7 million, out of which only about 5% is financed via a formal mortgage system. Home ownership in Nigeria is put at 10% compared to 72%(US), 72.5%(Malaysia),...
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