H2 2025 brought economic stability that boosted Lagos real estate. Stronger currency and lower inflation pushed office rents higher, while luxury apartments continued selling out quickly due to high demand and limited supply.
Nigeria's economy is on a steady recovery path, with its GDP growing by 3.84% in Q4 2024, and the real estate sector contributing 5.88% to national output.
Nigeria’s economy showed resilience in H2 2024, with GDP growth reaching 3.46% in Q3, supported by recovery in real estate and construction. Despite inflation and currency volatility, external reserves climbed to $42 billion, signaling cautious optimism.
Nigeria's real estate sector remained stable, contributing 5.20% to GDP in Q1 2024. Despite economic challenges, foreign capital surged 66% in Q4 2023, showing renewed investor confidence.
The Nigerian economy underwent significant policy shifts. These changes are expected to prompt significant adjustments in income expectations and strategy realignment