Lagos has been ranked fourth among ten cities worldwide with the highest rental costs for luxury two-bedroom apartments, according to PM News. The report states that the average annual rent for such apartments in Lagos reached $19,379 in 2026. The ranking places Nigeria's commercial capital among the most expensive cities globally for luxury apartment rentals, highlighting the cost of high-end housing in the city.

Nigeria's $13 billion Lagos-Calabar Coastal Highway, a 700-to-750-kilometre infrastructure project, is driving a speculative real estate boom along the Gulf of Guinea, according to Tribune Online. Land values along the corridor have reportedly appreciated by 133 percent in two years, transforming previously undeveloped coastal areas into one of West Africa's most sought-after investment zones. The project is expected to fundamentally reshape southern Nigeria's economic footprint.

The sub-urban real estate market in Jos, Plateau State is experiencing significant growth, leading to an increased demand for both residential and commercial land. This trend highlights the competitive nature of sourcing secure real estate plots in areas like Rayfield and Lamingo.

Former Lagos State Governor Babatunde Fashola stated that his administration reduced the price of land allocated to the Dangote Group in order to secure the investment for the Dangote Petroleum Refinery, which is located in the Lekki Free Zone.

Nigeria is projected to record the fastest real estate market growth among major African economies over the next five years, according to an industry market projection reported by Tribune Online. The report attributes the expected expansion to rapid urbanisation, population growth and rising housing demand, forecasting a compound annual growth rate of 6.9 percent for Nigeria's property market through 2029.

The Olarinde Royal Family in Lagos has petitioned the Inspector-General of Police, accusing police officers of shielding suspected land grabbers and frustrating investigations into the matter. According to the family's petition, some officers have allegedly protected those involved in the land dispute rather than allowing investigations to proceed. The family is calling on the police leadership to intervene and ensure a proper investigation into the alleged land grabbing activities.