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About Folagbade
A calculator, pen and paper on a desk representing the tax and fiscal costs a Nigerian property buyer must budget in 2026
Posted inNews

Tax, Inflation & Fiscal Policy Are Quietly Cutting Nigerian Property Values (2026): What Buyers Should Do

On Aug 19, 2026 NIESV warned that taxes, inflation and fiscal policy increasingly decide what Nigerian property is worth. Here's the buyer's translation — and the costs to price in.
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Posted by Folagbade August 21, 2026
A row of residential terrace houses on a Nigerian street, illustrating federal public housing supply in 2026
Posted inNews

FG Approves 2,156 Military Homes + 250 Civil-Servant Units (2026): What It Means If You’re House-Hunting

FG approved 600 more military duplexes in Abuja (Aug 20, 2026), lifting approved military homes to 2,156, plus a 250-unit civil-servant estate. Here's what it does — and doesn't — mean for ordinary and diaspora buyers.
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Posted by Folagbade August 21, 2026
Aerial view of Enugu, the Coal City, Nigeria, showing residential rooftops among green hills, 2026
Posted inLocation Guide Real estate

Best Areas to Buy Land in Enugu (2026): 8 Zones & Real Prices

The 8 best areas to buy land in Enugu in 2026, with real per-plot prices — from ₦2M in the Emene–Nike corridor to ₦85M in Old GRA — growth drivers, and the title checks that keep you safe.
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Posted by Folagbade August 21, 2026
Tall residential buildings under an overcast Lagos sky as analysts warn of a possible property price correction in 2026
Posted inMarket Insight News

Analysts Warn of a Nigerian Property Correction (2026): What a Buyer Should Actually Do

A top Lagos analyst warned in August 2026 that oversupply could trigger a property correction in Lagos, Abuja and Port Harcourt. Here's the calm buyer's translation — and what to actually do.
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Posted by Folagbade August 21, 2026
Lagos, Nigeria skyline by day, where diaspora buyers convert dollars to buy property in 2026
Posted inInvestment News

The Naira Is Strengthening (Aug 2026): What It Means If You’re Buying Land From Abroad

The naira hit its strongest level since April 2026 in mid-August (~₦1,350/$ official). Here's the counterintuitive truth about what a stronger naira does to your diaspora land budget — and how to time transfers.
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Posted by Folagbade August 21, 2026
How Much Does It Cost to Drill a Borehole in Nigeria (2026)?
Posted inCost Analysis Real estate

How Much Does It Cost to Drill a Borehole in Nigeria (2026)?

Drilling a borehole in Nigeria costs about ₦900,000–₦3.5M in 2026 for a complete system — cheaper in soft-soil Lagos, pricier over Abuja's hard rock. Full breakdown by depth and component, in ₦ and $.
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Posted by Folagbade August 21, 2026
View of Abuja, Nigeria from a hilltop, illustrating the best areas to buy land in the FCT in 2026
Posted inInvestment Location Guide

Best Areas to Buy Land in Abuja (2026): 8 Zones & Real Prices

The 8 best areas to buy land in Abuja in 2026, with real per-plot prices — from ₦3M in Kuje to ₦250M in Guzape — the growth drivers behind each, and the FCT title checks that keep you safe.
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Posted by Folagbade August 21, 2026
A spread of banknotes representing squeezed Nigerian household budgets as buyers delay home purchases in 2026
Posted inMarket Insight News

Nigerians Are Pausing Home Purchases (2026): The Smart Buyer’s Move

A CBN survey shows Nigerians are delaying home purchases, with the house-buying outlook at -56.9 and borrowing costs pinned at 26.5%. Here's why a patient, cash-ready buyer can actually win in this market.
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Posted by Folagbade August 21, 2026
Unfinished buildings along a busy street, illustrating Nigeria's 2026 off-plan housing escrow and developer-licensing reforms
Posted inNews Real estate

FG Wants Escrow for Off-Plan Buyers (2026): What It Means for You

The Federal Government has proposed developer licensing and escrow accounts to protect off-plan homebuyers. Here's what the reform would change — and the checks you still need until it becomes law.
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Posted by Folagbade August 21, 2026
Modern residential apartment rooftops in an African city, illustrating Nigerian REIT property investment in 2026
Posted inInvestment News

Nigerian Property Without the Omonile Wahala? What REITs Really Offer (2026)

A 2026 BusinessDay analysis put Nigeria's tiny REIT market back in focus. REITs let you own property income without buying land — here's how the 3 listed Nigerian REITs performed, and the honest caveats.
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Posted by Folagbade August 15, 2026

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