Not every good piece of land makes a good investment, and not every “prime area” still has room to grow. If you’re buying land in Ibadan with appreciation in mind — rather than immediate building plans — the areas worth watching aren’t necessarily the ones already fully developed and commanding premium prices today. They’re the ones with the right combination…
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…
There’s a specific kind of infrastructure event that reliably reshapes a property market, and the ongoing reconstruction of the Lagos-Ibadan Expressway is one of the clearest examples playing out in Nigeria right now. A ₦167 billion federal project covering the full 127.6-kilometre stretch between the two cities — with new underpasses at Kara, Wawa, Magboro, and Arepo, and flyover bridges…
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…
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…
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