Category : Search result: property sector crisis


FCTA revokes 1,095 property titles over unpaid charges

The FCTA has revoked 1,095 property titles in Abuja's elite districts for non-payment of statutory charges. High-profile names like Patience Jonathan and Ganduje are on the list. Enforcement begins November 25, 2025. Read the full details.

How Location Shapes Nigerian Property Values

Location remains Nigeria's top property value driver, with premium areas commanding 10x higher prices. Experts explain how infrastructure, security, and proximity shape investment decisions.

Federal High Court orders EFCC to release 27 houses

Federal High Court Abuja mandates EFCC to immediately return 27 properties wrongly seized. Justice Joyce Abdulmalik vacates forfeiture order after claimants prove ownership. Read full details.

Wike revokes 1,095 Abuja property titles

FCT Minister Nyesom Wike orders enforcement on 1,095 revoked property titles in Abuja's high-end districts. Property owners failed to pay ground rent and land fees despite multiple warnings.

Wike revokes 1,095 Abuja property titles

FCT Minister Nyesom Wike has enforced the revocation of 1,095 property titles in Abuja's key districts after owners failed to pay outstanding land charges. Discover the full details and implications.

FCTA Enforces 1,095 Revoked Abuja Property Titles

Federal Capital Territory Administration begins enforcement on 1,095 revoked property titles in Abuja's high-end districts after owners failed to pay mandatory fees. Learn what this means for property owners.

FCTA Enforces 1,095 Abuja Property Title Revocations

The FCT Administration has begun enforcement on 1,095 revoked property titles in highbrow Abuja districts. Owners failed to settle ground rent and other statutory payments despite repeated notices.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

Katy Perry Demands $4.7M from Disabled Veteran

Pop star Katy Perry seeks $4.7 million from disabled veteran Carl Westcott in ongoing Montecito mansion legal battle. Get the latest updates on this high-profile court case.

New PropTech Platform IGetHouse Launches in Lagos

IICOCECE Properties & Investment unveils IGetHouse, a property technology platform designed to solve Africa's housing challenges through verified listings and income-sensitive options.

4 Killed in Asaba Land Dispute Violence

Four tenants killed, five injured in violent land clash at Asaba-Benin Expressway. Armed vigilantes opened fire during attempted eviction. Read full details of the tragedy.

Thugs demolish N500m bakery despite court ruling

Armed thugs have demolished a N500 million bakery in Surulere despite pending court case. Landlord Rotimi Eghosa Onaghise accused of using forged permits. Read the shocking details.

Lagos Couple's Tragic End After Betrayal Revealed

A Lagos marriage ends tragically after Fola discovers wife Simi built 4-storey property secretly. The shocking betrayal leads to murder-suicide, leaving children orphaned. Read this cautionary tale.

Court Orders Return of Sold Deep Freezer in Ondo

An Ondo customary court has ordered a woman to return her ex-husband's deep freezer she sold or pay its value by March 31, 2026. Read the full story of this dramatic property dispute.

Reps Probe 17 Years of Power Sector Investments

Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.

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