FCCPC Probes Cement Makers Over Alleged Price Manipulation — What It Means for Nigeria’s Housing Crisis

By DEVALOP.COM Newsroom | August 19, 2026 Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has opened a formal investigation into the country’s leading cement manufacturers, including Dangote Cement, BUA Cement and Lafarge Africa, over suspected coordinated price manipulation. The announcement, made on Tuesday, August 18, has sent ripples through the real estate and construction sectors, where cement remains the…

The State of Nigerian Real Estate: A Data-Driven Market Report (2026)

There’s a specific moment when a market stops being a story people tell each other and becomes a number the government has to account for. For Nigerian real estate, that moment arrived in 2025, when the National Bureau of Statistics rebased the country’s GDP for the first time in over a decade — and the property sector emerged as the…

How Much Can Your Landlord Actually Raise Your Rent in Nigeria?

Your rent just went from ₦900,000 to ₦1.6 million. No new paint, no new anything — same leaking gutter you’ve been complaining about since last rainy season. And your landlord’s message just says “new rate, effective immediately.” First question everyone asks: is this even legal? Here’s the answer nobody wants to hear — in most of Nigeria, yes, it probably…

Demolition news: Crank down on crime and non-compliance

The landscape of real estate in Oyo State has recently faced significant shifts, with the state government intensifying its enforcement of building regulations and security protocols. For residents and investors, these actions serve as a stark reminder that property ownership in the “Pacesetter State” requires more than just a transaction—it requires absolute compliance. Recent Demolitions: A Crackdown on Crime and…

Is Cash Payment for Cars and Land Illegal in Nigeria? The Truth About Aliyu v. FRN (2026)

Imagine saving up your hard earned money for years, finally finding the perfect plot of land in Ibadan or a sleek new car in Lagos, and paying for it with crisp, cash notes you drawn over the counter from your bank. You sign the papers, shake hands, and walk away feeling alive as a new property owner. But according to…